If You Hate (Or Love) The ‘Mag 7' There Is An ETF To Profit

If you own an ETF tracking the S&P 500 or the Nasdaq-100, the Magnificent Seven are unavoidable.

24/7 Wall Street • Jun 13, 2026

XMAG vs. MAGS: Betting Against or All-In on the Magnificent 7?

The Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) and the Roundhill Magnificent Seven ETF (NASDAQ:MAGS) are photographic negatives of one another.

24/7 Wall Street • Jun 10, 2026

XMAG: Secretly Funded By The Excluded

XMAG has overtaken both RSP and the Mag-7 since May 2026, reversing the first four months of the year when the equal-weight index was leading the breadth rotation trade. Beneath the 2026 outperformance, XMAG's top holdings have shifted dramatically in just one month. Understanding which names are climbing is the first step to evaluating this ETF. In this article, I explore the central paradox of XMAG: an ETF engineered to reduce Mag-7 exposure whose outperformance may owe more to those same seven companies than its construction.

Seeking Alpha • May 29, 2026

Broadcom's 140% Surge Shows XMAG Investors Get AI Exposure Without the Mag 7 Trap

Passive index investing has a concentration problem. The seven largest technology companies now account for roughly 35% of the S&P 500, which means owning a standard index fund today is less “broad market” and more “bet heavily on a handful of AI-driven mega-caps.

24/7 Wall Street • Apr 20, 2026

The S&P 500 Without Big Tech Is Quietly Beating the Full Index in 2026

Stripping the Magnificent 7 from the

24/7 Wall Street • Apr 3, 2026

XMAG: The Impressive 'Other 493' Quietly Leading The Mag 7

Defiance Large Cap ex-Mag 7 ETF earns a "Buy" rating for its diversification and relative strength over the past several months. XMAG offers exposure to the S&P 500 excluding the Magnificent 7, reducing concentration risk and providing a more balanced sector allocation. Valuation is reasonable at a 20.4x P/E and a PEG just under 2.0x, with a 1.5% dividend yield and improving technicals.

Seeking Alpha • Feb 25, 2026

Defiance's XMAG ETF, the First ETF Offering Exposure to the S&P 500 Excluding the “Magnificent Seven,” Surpasses $100 Million in AUM

MIAMI, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced that the Defiance Large Cap Ex-Magnificent Seven ETF (XMAG) has surpassed $100 million in assets under management, marking a significant milestone since the fund's launch in October 2024. XMAG is designed to provide investors with exposure to the S&P 500 while excluding the “Magnificent Seven” technology companies: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla.

GlobeNewsWire • Jan 8, 2026

The ‘Anti-Mag 7' ETF Is Up 12% and Looks Ready To Run

Debuting in tandem with the BITA US 500 ex-Magnificent 7 Index to be its ETF correspondent, The Defiance Large Cap ex-Mag 7 ETF has barely been in operation for a year, but has posted some impressive results to date. Surprisingly, instead of the anticipated 7%, the ETF itself is boasting 13.54% YTD return.

24/7 Wall Street • Nov 27, 2025

The S&P 500 Minus the Mag 7 Has Dragged. Why it Might Be Time to Buy the Other 493

The S&P 500 has enjoyed another respectable year of gains, now up just north of 15% year to date despite the bout of November volatility.

24/7 Wall Street • Nov 26, 2025

Final Trade: DIS, BMY, AMZN, XMAG

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

CNBC Television • Mar 28, 2025