iShares Texas Equity ETF
$33.47+0.05 (+0.14%)
- Expense ratio
- 0.20%
- Fund size
- $19M
- 1Y return
- +21.3%
- Yield · Last 12 months
- 1.39%
- Holdings
- 215
- Volume · 30D
- 0M sh
- NAV per share
- $33.56
- 52W range
The ETF.net TEXN Grade
Score 33 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 25Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 24Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 24Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 45Category rank
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
- 215
- 53%
- XOM
Sectors
- Energy36.9%
- Technology17.4%
- Industrials15.1%
- Consumer Discr.10.8%
- Financials4.5%
- Real Estate3.8%
- Health Care3.4%
- Communication3.2%
- Utilities2.3%
- Cons. Staples2.1%
- Materials0.6%
Geography
- United States99.23%
- United Kingdom0.51%
- Netherlands0.26%
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 Sep 22, 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 | +24.7% |
| 1 month | −0.1% |
| 3 months | +2.5% |
| 1 year | +21.3% |
| 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 | +24.7% | |
| 2025 | +8.2% |
TEXN in the news
ETF.net Research hasn’t filed on TEXN yet — coverage lands here as it’s written.
TEXN Dividends
- 1.39%
- $0.47
- $0.12 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.12 |
| Jun 15, 2026 | Jun 18, 2026 | $0.11 |
| Mar 17, 2026 | Mar 20, 2026 | $0.11 |
| Dec 16, 2025 | Dec 19, 2025 | $0.13 |
| Sep 16, 2025 | Sep 19, 2025 | $0.11 |
TEXN Risk
- 11.2%
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.
- 2.05
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.
- 0.49
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%
6 of the 8 US Stocks funds charge less.