
XIGV tracks an index of the largest Nasdaq-listed non-financial companies. It excludes businesses that derive at least 50% of their revenue from software-related activities, including application software, cloud infrastructure, cybersecurity, engineering and data platforms, and IT services. The portfolio uses a market capitalization-weighted methodology with issuer caps to help limit concentration and is reconstituted and rebalanced semi-annually. The fund is designed to provide exposure to the non-software segment of the US technology sector.
Is XIGV's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Defiance ETFs has expanded its lineup of thematic products with the launch of two new funds aimed at capitalizing on the artificial intelligence boom while reducing exposure to areas the firm believes could face disruption from the technology. The new offerings — the Defiance US 100 Tech AI Moat ETF (NASDAQ:AIX) and the Defiance US 100 Tech Ex Software ETF (BATS:XIGV) — both draw from the Nasdaq-100 universe but take distinct approaches to identifying potential AI beneficiaries.

MIAMI, June 25, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of the Defiance US 100 Tech Ex Software ETF (Cboe: XIGV) , the first U.S. ETF designed to target the Nasdaq-100 while systematically screening out the software industry. The Fund seeks to track the total return performance, before fees and expenses, of the Indxx US 100 Tech Focused Ex Software Technology Index, an index designed to provide exposure to many of the largest U.S.-listed, technology-oriented companies while screening out companies whose core business is software.