TXS - ETF AI Analysis
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Texas Capital Texas Equity Index ETF (TXS)
Rating:69Neutral
Price Target:―
Positive Factors
Broad Sector Diversification
The fund spreads its investments across many sectors, which can help reduce the impact if any one industry struggles.
Generally Positive Recent Performance
The ETF has shown overall positive performance so far this year, indicating that its mix of holdings has been working reasonably well.
Mix of Defensive and Growth-Oriented Holdings
Top positions include both steadier companies like Waste Management and faster-growing names like CrowdStrike, offering a balance of stability and growth potential.
Negative Factors
High Single-State and U.S. Concentration
With almost all exposure in the U.S. and focused on Texas-related companies, the fund is heavily tied to the economic health of one region and country.
Notable Weakness in Some Top Holdings
Several large positions, including Tesla, CrowdStrike, Tenet Healthcare, and Crown Castle, have shown weak performance this year, which can drag on overall returns.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an index ETF, meaning more of the returns are eaten up by fees compared with many low-cost index funds.
TXS vs. SPDR S&P 500 ETF (SPY)
AUM33.38M
RegionNorth America
Expense Ratio0.49%
Beta0.83
IssuerTexas Capital
Inception DateJul 12, 2023
Dividend Yield0.77%
Asset ClassEquity
Index TrackedTexas Capital Texas Equity Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,971
30 Day Avg. Volume3,374
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
44.44Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering221
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TXS Summary
The Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that tracks the Texas Capital Texas Equity Index, focusing on companies based in Texas across many industries. It holds well-known names like Tesla and McKesson, along with firms in energy, real estate, health care, and technology. Someone might invest in TXS to get broad, Texas-focused diversification and to potentially benefit from the state’s long-term economic growth. A key risk is that the fund is heavily tied to the Texas economy and can go up or down with regional and overall stock market conditions.
How much will it cost me?The Texas Capital Texas Equity Index ETF (TXS) has an expense ratio of 0.49%, meaning you’ll pay $4.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is passively managed but focuses on a niche market, the Texas equity landscape, which may require specialized indexing.
What would affect this ETF?The Texas Capital Texas Equity Index ETF (TXS) could benefit from strong economic growth in Texas, driven by its diverse industries like energy, technology, and healthcare, as well as the potential for innovation from top holdings such as Tesla and CrowdStrike. However, challenges such as fluctuating energy prices, regulatory changes affecting key sectors like real estate and healthcare, or broader economic downturns in the U.S. could negatively impact the fund's performance.
TXS Top 10 Holdings
TXS is very much a Texas story, with energy names setting the tone. Cheniere Energy and Exxon Mobil have been the fund’s workhorses lately, rising on the back of strong operations and a supportive commodity backdrop. Digital Realty is also pulling its weight from the real estate side, helped by steady demand for data centers. On the flip side, Tesla is losing steam and CBRE has been dragging, both weighing on returns. With all holdings U.S.-based and a tilt toward energy and real estate, the fund’s fortunes are closely tied to the Lone Star State’s economic rhythm.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings | 5.10% | $1.71M | $104.28B | 12.87% | 67 Neutral | |
| Tesla | 4.97% | $1.67M | $1.47T | 65.98% | 73 Outperform | |
| Digital Realty | 4.84% | $1.63M | $67.24B | 35.07% | 69 Neutral | |
| McKesson | 4.67% | $1.57M | $105.76B | 24.29% | 62 Neutral | |
| Charles Schwab | 4.64% | $1.56M | $174.28B | 21.18% | 74 Outperform | |
| Tenet Healthcare | 3.71% | $1.25M | $16.83B | 61.43% | 74 Outperform | |
| Waste Management | 3.36% | $1.13M | $90.63B | -3.01% | 76 Outperform | |
| CBRE Group | 3.06% | $1.03M | $43.53B | 28.81% | 70 Outperform | |
| GameStop | 2.95% | $993.05K | $11.12B | -8.33% | 66 Neutral | |
| Crown Castle | 2.68% | $900.23K | $37.34B | -14.36% | 45 Neutral |
TXS Technical Analysis
Positive
―
Price Trends
38.19
Positive
37.26
Positive
36.31
Positive
Market Momentum
0.15
Negative
64.04
Neutral
94.72
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For TXS, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.85, equal to the 50-day MA of 38.19, and equal to the 200-day MA of 36.31, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 64.04 is Neutral, neither overbought nor oversold. The STOCH value of 94.72 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TXS.
TXS Peer Comparison
Comparison Results
Performance Comparison
TXS
Texas Capital Texas Equity Index ETF
38.91
9.89
34.08%
FMTM
MarketDesk Focused U.S. Momentum ETF
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YALL
God Bless America ETF
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BAMD
Brookstone Dividend Stock ETF
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STNC
Stance Equity ESG Large Cap Core ETF
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KWIN
KraneShares Wahed Alternative Income Index ETF
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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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