iShares Texas Equity ETF
$34.35+0.16 (+0.47%)
- 0.20%
- $19M
- +28.7%
- 1.36%
- 0M sh
- $34.22
- low $25.96high $34.45
The ETF.net TEXN Grade
Score 34 out of 100
- 8 of 8
Score 34 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D25 out of 100Rank 7 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B65 out of 100Rank 2 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 7 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F18 out of 100Rank 8 of 8Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C45 out of 100Rank 5 of 8
Our read on TEXN
DTexas, packaged. TEXN tracks a Russell index of companies headquartered in the state (about 210 of them) for 0.20% a year. It is a geography bet from an iShares index desk, not a sector or style one.
The fund seeks to track an index of U.S. companies headquartered in Texas, providing a single-state equity exposure.
Why people hold it
- One ticket to the Texas corporate base: roughly 210 companies headquartered in the state, picked by a rules-based Russell index rather than a manager's hunch.ishares.com
- Costs 0.20% a year, level with the median fee in its US equity cohort. Cheap-ish for a niche cut of the market.
- Plain machinery: a 1940 Act fund holding actual stocks, paying quarterly. No leverage, no derivatives overlay, no K-1 at tax time.
Worth knowing
- Headquarters is the entire filter, so the portfolio rides one state's corporate roster and can look nothing like the broad US market in any given stretch.
- Launched in 2025, so risk numbers rest on a short history rather than a full market cycle.
- Broad US equity peers run cheaper (ILCB at 0.03%) and trade heavier, so expect wider spreads here than on a plain index giant.
TEXN Holdings
- Stocks
- 219
- 53%
- TSLA
Sectors
- Energy36.2%
- Capital Goods10.8%
- Autos & Components10.2%
- Software & Services8.5%
- Tech Hardware & Equip5.1%
- Semiconductors & Semiconductor Equipment4.6%
- Telecommunications4.5%
- Financials3.1%
- Real Estate2.8%
- Health Care Equipment & Services2.5%
- Utilities2.3%
- Commercial & Professional Services2.0%
- Pharma, Biotech & Life Sciences1.0%
- Consumer Durables0.9%
- Food Bevg Tobacco0.8%
- Real Estate Management & Development0.7%
- Materials0.6%
- Consumer Staples Distribution & Retail0.6%
- Transportation0.6%
- Banks0.5%
- Household & Personal Prod0.5%
- Consumer Services0.4%
- Media & Entertainment0.3%
- Consumer Discretionary0.3%
- Insurance0.3%
Geography
- United States99.32%
- United Kingdom0.43%
- Netherlands0.25%
TEXN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | TEXN |
|---|---|
| Year to date | +27.5% |
| 1 month | +1.0% |
| 3 months | +6.1% |
| 1 year | +28.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TEXN |
|---|---|---|
| 2026 YTD | +27.5% | |
| 2025 | +8.2% |
TEXN in the news
TEXN Dividends
- 1.36%
- $0.47
- $0.12 per share
- Quarterly
Distribution history
TEXN Risk
- 11.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.77
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −8.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TEXN Cost
- The middle half of US Stocks funds
- Median 0.10%
5 of the 7 US Stocks funds charge less.
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