TEXX - ETF AI Analysis
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Horizon Kinetics Texas ETF (TEXX)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Many of the largest positions, especially in energy and infrastructure names, have shown strong performance this year, helping lift the ETF’s overall results.
Energy-Focused Exposure
The heavy tilt toward energy companies gives investors targeted exposure to a sector that has been performing well recently.
Positive Year-to-Date Performance
Despite some recent short-term weakness, the fund’s overall performance so far this year has been positive, indicating solid momentum over the longer recent period.
Negative Factors
High Sector Concentration
More than half of the portfolio is in energy stocks, which means the ETF can be heavily affected if that single sector runs into trouble.
Short-Term Performance Weakness
The ETF has shown slightly negative performance over the past month and three months, suggesting recent returns have been softer than earlier in the year.
Relatively High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can eat into investor returns over time compared with lower-cost options.
TEXX vs. SPDR S&P 500 ETF (SPY)
AUM2.88M
RegionNorth America
Expense Ratio0.85%
Beta-0.48
IssuerHorizon Kinetics
Inception DateJan 21, 2026
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,835
30 Day Avg. Volume2,164
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
32.48Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering32
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TEXX Summary
Horizon Kinetics Texas ETF (TEXX) is an actively managed fund that focuses on companies with strong ties to Texas, rather than following a broad market index. It leans heavily into energy and related services, along with industrial and utility businesses that benefit from Texas’s growth, population inflows, and infrastructure expansion. Well-known holdings include Schlumberger and Occidental Petroleum. An investor might consider TEXX for targeted growth exposure to the Texas economy instead of owning a nationwide mix of stocks. A key risk is that it is concentrated in Texas and energy names, so its value can swing more sharply than a diversified U.S. stock fund.
How much will it cost me?This ETF has an expense ratio of 0.85%, which means you’ll pay about $8.50 per year for every $1,000 invested. That’s higher than the average ETF cost because TEXX is actively managed and runs a more specialized, concentrated portfolio instead of simply tracking a broad market index.
What would affect this ETF?This ETF is heavily focused on Texas energy and related infrastructure, so it could benefit if oil and gas demand stays strong, Texas continues to attract people and businesses, and local projects and regulations support drilling and construction activity. On the downside, it could be hurt by falling energy prices, stricter environmental rules, or a slowdown in the Texas economy, and its concentrated, Texas-only approach means it may swing more than a broadly diversified U.S. stock fund.
TEXX Top 10 Holdings
This Texas‑focused ETF is powered by a heavy bet on energy, with names like Texas Pacific Land, Diamondback, EOG Resources, and Occidental Petroleum setting the tone. Lately, many of these energy plays have been lagging or showing mixed momentum, which has taken some wind out of the fund’s sails. On the brighter side, infrastructure and services names such as Quanta Services and Waterbridge Infrastructure have been rising, helping offset the drag. With almost all holdings tied to U.S. companies and Texas in particular, the fund is a concentrated play on the state’s energy‑driven economy.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Permian Basin | 6.87% | $194.72K | $1.16B | 109.63% | ― | |
| LandBridge Company LLC Class A | 6.02% | $170.61K | $4.93B | -7.03% | 67 Neutral | |
| Texas Pacific Land | 4.82% | $136.55K | $24.49B | 3.17% | 76 Outperform | |
| Diamondback | 4.26% | $120.90K | $51.62B | 33.05% | 81 Outperform | |
| Quanta Services | 3.88% | $110.06K | $105.38B | 102.36% | 78 Outperform | |
| Waterbridge Infrastructure LLC Class A | 3.75% | $106.38K | $4.10B | ― | ― | |
| Schlumberger | 3.57% | $101.14K | $71.90B | 42.16% | 75 Outperform | |
| Fluor | 3.30% | $93.55K | $7.49B | 10.81% | 64 Neutral | |
| EOG Resources | 3.29% | $93.35K | $69.23B | 8.88% | 78 Outperform | |
| LGI Homes | 3.24% | $91.91K | $1.32B | 11.44% | 65 Neutral |
TEXX Technical Analysis
Positive
―
Price Trends
28.66
Positive
28.30
Positive
Market Momentum
-0.01
Negative
53.20
Neutral
76.75
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TEXX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 28.38, equal to the 50-day MA of 28.66, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 53.20 is Neutral, neither overbought nor oversold. The STOCH value of 76.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TEXX.
TEXX Peer Comparison
Comparison Results
Performance Comparison
TEXX
Horizon Kinetics Texas ETF
28.67
3.09
12.08%
BAMD
Brookstone Dividend Stock ETF
―
―
―
SOVF
Sovereign's Capital Flourish Fund
―
―
―
STNC
Stance Equity ESG Large Cap Core ETF
―
―
―
YALL
God Bless America ETF
―
―
―
RFDA
RiverFront Dynamic US Dividend Advantage ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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