The Defiance Large Cap ex-Mag 7 ETF (XMAG), which excludes Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, and Tesla, has outperformed the full S&P 500 index so far in 2026, declining less than 1% compared to nearly 4% for the full index. XMAG’s portfolio focuses on roughly 490 other large-cap stocks with durable dividends from companies like Exxon Mobil, Johnson & Johnson, and JPMorgan Chase, but the fund’s dividend yield remains low at 1.2%. While the total return performance offers an alternative for investors wary of the Magnificent 7’s high valuations, the income stream is modest and the fund’s relatively small size poses a risk of closure. Investors seeking meaningful income may need to look beyond XMAG, but those focused on total return and diversification away from the tech giants might find value here.
Global X S&P 500 Covered Call ETF (XYLD) offers monthly income by selling at-the-money calls on the S&P 500, but this strategy limits upside gains. Over the past five years, XYLD returned 45.15%, well below the S&P 500's 73.34% price gain, reflecting...
In a volatile market influenced by the Fed, geopolitical events, and economic uncertainty, high-dividend closed-end funds (CEFs) like Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) and DoubleLine Yield Opportunities Fund (DLY) present attractive opport...
The Columbia Seligman Premium Technology Growth (STK) closed-end fund is trading at its widest discount to net asset value in over ten years, currently 7.9%, driven by recent tech sector volatility and profit-taking. Despite a market pause since mid-...
Risk asset markets are currently supported by strong fiscal flows, including a private sector surplus exceeding $112 billion in June and significant Treasury injections. This fiscal strength is expected to sustain momentum in the S&P 500 through mid-...
The SCHD ETF has returned just under 2% in the past month, outperforming the S&P 500 ETF (SPY) by nearly 1%. Year-to-date, about 30 SCHD holdings have more than doubled the returns of SPY, which has returned 9.8%. Additionally, 31 SCHD holdings are t...
