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TXS - ETF AI Analysis
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Texas Capital Texas Equity Index ETF (TXS)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as CrowdStrike and Tenet Healthcare, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Energy, Consumer Cyclical, and Technology, which helps reduce risk from sector-specific downturns.
Reasonable Expense Ratio
The fund’s expense ratio is relatively low compared to actively managed ETFs, making it cost-effective for investors.
Negative Factors
High Geographic Concentration
The ETF is heavily concentrated in U.S. companies, which limits exposure to international markets and diversification.
Underperforming Holdings
Some top holdings, such as Digital Realty and GameStop, have shown weak year-to-date performance, which could drag on overall returns.
Overweight in Energy Sector
The ETF has significant exposure to the Energy sector, which could increase vulnerability to fluctuations in oil and gas prices.
TXS vs. SPDR S&P 500 ETF (SPY)
AUM31.93M
RegionNorth America
Expense Ratio0.49%
Beta0.89
IssuerTexas Capital
Inception DateJul 12, 2023
Dividend Yield0.65%
Asset ClassEquity
Index TrackedTexas Capital Texas Equity Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,953
30 Day Avg. Volume2,760
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
43.24Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering216
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
TXS Summary
The Texas Capital Texas Equity Index ETF (TXS) is a fund that lets you invest in a mix of companies based in Texas, covering industries like energy, technology, healthcare, and real estate. It follows the Texas Capital Texas Equity Index, which tracks the total market of Texas-based businesses. Some well-known companies in the ETF include Tesla and CrowdStrike. Investors might consider TXS for its potential to grow alongside Texas's thriving economy and diverse industries. However, since it focuses heavily on Texas-based companies, its performance can be impacted by economic changes specific to the region.
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
The Texas Capital Texas Equity Index ETF (TXS) leans heavily on Texas’s energy and consumer cyclical sectors, with Tesla leading the charge thanks to its steady growth and robust earnings. CrowdStrike, however, is lagging, weighed down by profitability concerns despite strong strategic partnerships. McKesson and Tenet Healthcare are providing a healthy boost, with solid earnings and strategic maneuvers driving their performance. On the flip side, Digital Realty and Crown Castle are dragging the fund, facing valuation challenges and operational hurdles. Overall, the ETF’s sector diversity reflects Texas’s dynamic economy, but its performance is mixed across holdings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tesla | 5.91% | $1.89M | $1.61T | 5.04% | 73 Outperform | |
| McKesson | 5.30% | $1.69M | $101.92B | 42.58% | 62 Neutral | |
| CrowdStrike Holdings | 5.00% | $1.60M | $120.71B | 30.90% | 67 Neutral | |
| Charles Schwab | 4.86% | $1.55M | $179.79B | 35.20% | 74 Outperform | |
| Tenet Healthcare | 4.24% | $1.35M | $17.47B | 53.23% | 74 Outperform | |
| Digital Realty | 4.04% | $1.29M | $52.86B | -14.70% | 69 Neutral | |
| Waste Management | 3.87% | $1.24M | $88.77B | 7.28% | 76 Outperform | |
| CBRE Group | 3.68% | $1.18M | $48.76B | 24.20% | 70 Outperform | |
| Crown Castle | 2.90% | $926.64K | $38.07B | -3.93% | 45 Neutral | |
| GameStop | 2.56% | $817.26K | $9.58B | -31.34% | 66 Neutral |
TXS Technical Analysis
Positive
―
Price Trends
36.01
Positive
35.80
Positive
34.23
Positive
Market Momentum
0.02
Positive
51.81
Neutral
41.22
Neutral
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 36.14, equal to the 50-day MA of 36.01, and equal to the 200-day MA of 34.23, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 51.81 is Neutral, neither overbought nor oversold. The STOCH value of 41.22 is Neutral, 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
36.10
3.06
9.26%
BAMD
Brookstone Dividend Stock ETF
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TMFE
Motley Fool Capital Efficiency 100 Index ETF
―
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STNC
Stance Equity ESG Large Cap Core ETF
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―
―
RFDA
RiverFront Dynamic US Dividend Advantage ETF
―
―
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DVOL
First Trust Dorsey Wright Momentum & Low Volatility 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.
Disclaimer
This 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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