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

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Affected assets and topics

S&P

Why it matters

Defiance's XMAG ETF has surpassed $100 million in assets under management, offering exposure to the S&P 500 excluding the 'Magnificent Seven' tech giants, a milestone achieved since its launch in October 2024.

Article tone

Neutral How the article is written, as reported by the source.

Expected market reaction

Bullish Confidence 85% How confidence is read Horizon: Short term Impact: Moderate

Market impact analysis based on bullish sentiment with 85% confidence.

Evidence trail

Evidence
Source Yahoo Finance
Claim Defiance’s XMAG ETF, the First ETF Offering Exposure to the S&P 500 Excluding the “Magnificent Seven,” Surpasses $100 Million in AUM
AI inference Bullish · 85%
Generated 2026-01-08 11:30

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
30136

Original source

Defiance Launches XMAG The First ETF Offering Exposure to the S&P 500 Excluding the “Magnificent 7” Tech Giants 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:

Read the full article on Yahoo Finance

Original article published by Yahoo Finance on January 8, 2026. Analysis and insights provided by AnalystMarkets AI.

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