Texas Capital Texas Equity Index ETF
$42.27+0.00 (+0.00%)
- Expense ratio
- 0.49%
- Fund size
- $34M
- 1Y return
- +18.5%
- Yield · Last 12 months
- 0.76%
- Volume · 30D
- 0M sh
- NAV per share
- $42.37
- 52W range
The ETF.net TXS Grade
Score 45 of 100 sits in the C 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 31Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 63Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 74Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 29Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 37Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.FScore 20Category rank
Our read on TXS
CThe Lone Star index fund: only companies headquartered in Texas, with sector weights set by each industry's share of the Texas economy instead of pure market cap. Built and run by a Dallas bank, on the tape since 2023.
The Fund is an exchange-traded fund that uses passive indexing to track the total return of the Texas Capital Texas Equity Index before fees and expenses.
Why people hold it
- Sector weights follow each industry's contribution to Texas GDP, then market cap within each sector, so the mix reflects what the state's economy actually does.texascapitalbank.com
- Membership is a hard geographic test: public companies headquartered in Texas, per regulatory filings. No revenue-share guesswork about which firms count as Texan.texascapitalbank.com
- Running since July 2023, one of the longest-standing funds on the Texas shelf, with sibling funds from the same issuer covering Texas small caps and Texas oil.sec.gov
- Plain passive indexing with quarterly distributions: no stock picking, no options overlay, no leverage. What the index holds, the fund holds.
Worth knowing
- 0.49% a year is real money next to the pennies charged by broad-market trackers such as SCHK and VT. The regional screen is what you're paying up for.
- A small fund that trades lightly compared with the index giants, so bid-ask spreads can be wider and large orders need more care.
- One state, one economy: no non-US exposure, and a GDP-driven sector mix that can look and behave very differently from a national index.texascapitalbank.com
TXS Holdings
- Stocks
- —
- 43%
- CRWD
Sectors
- Energy19.8%
- Consumer Discr.16.0%
- Health Care13.9%
- Technology13.0%
- Industrials11.8%
- Real Estate11.4%
- Financials8.1%
- Cons. Staples2.2%
- Communication2.0%
- Utilities1.6%
- Materials0.3%
Geography
- United States100.00%
TXS 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 16, 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 | TXS |
|---|---|
| Year to date | +19.4% |
| 1 month | −1.1% |
| 3 months | +6.0% |
| 1 year | +18.5% |
| 3 years | +20.6% |
| 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 | TXS |
|---|---|---|
| 2026 YTD | +19.4% | |
| 2025 | +10.3% | |
| 2024 | +24.3% | |
| 2023 | +5.6% |
TXS in the news
ETF.net Research hasn’t filed on TXS yet — coverage lands here as it’s written.
TXS Dividends
- 0.76%
- $0.32
- $0.09 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jun 30, 2026 | $0.09 |
| Mar 26, 2026 | Mar 31, 2026 | $0.07 |
| Dec 29, 2025 | Dec 31, 2025 | $0.08 |
| Sep 26, 2025 | Sep 30, 2025 | $0.08 |
| Jun 26, 2025 | Jun 30, 2025 | $0.06 |
| Mar 26, 2025 | Apr 1, 2025 | $0.07 |
| Dec 27, 2024 | Dec 31, 2024 | $0.02 |
| Sep 26, 2024 | Oct 1, 2024 | $0.09 |
| Jun 26, 2024 | Jul 1, 2024 | $0.08 |
| Mar 27, 2024 | Apr 2, 2024 | $0.08 |
| Dec 26, 2023 | Dec 29, 2023 | $0.08 |
| Sep 27, 2023 | Oct 3, 2023 | $0.06 |
TXS Risk
- 14.0%
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.
- 1.08
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.
- −19.7%
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.
- 0.87
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
TXS Cost
- 0.49%