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

Stripping the Magnificent 7 from the S&P 500 sounds like a contrarian bet, but it has quietly outperformed the full index so far in 2026. The question for income-focused investors is whether the dividend that comes with this strategy is worth building around. Defiance Large Cap ex-Mag 7 ETF (NASDAQ:XMAG) holds the S&P 500 with ... The S&P 500 Without Big Tech Is Quietly Beating the Full Index in 2026