As a systems security engineer myself I would disagree and know several others that would as well. All depends on your circles, applications, and threat model I suppose.

Xen, Hyper-V, and KVM have all had major security flaws in the form of logic violations, spacial memory corruptions, use-after-free, and pointer corruptions that allowed hypervisor trust boundary violations. I expect most if not all of those classes of bugs could have been prevented by formal verification.

Xen likely has a bad reputation with both of us because of a history of preventable flaws like these.

In my applications every single daemon gets its own sandbox, which is a VM whenever possible. Some with network, some without network, different filesystem and vsock access for maximum damage control and minimal trust between daemons. The hypervisor is the most important security boundary to me especially when isolating user-controlled workloads. The more confidence I can get that it is correct the better.