TEXXHorizon Kinetics Texas ETF

Grow my moneyNewRanked #2,834 of 2,960 in this goal

Seeks long-term growth of capital.

By Horizon Kinetics · Launched 2026

Annual Cost

0.85%

#4,336 of 5,562 · expensive

Fund Size

$3M

#5,247 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

5 months

#5,197 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,920+9.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 45.1% of fundmoderately concentrated

Permian Basin Royalty TrustPBT

7.8%

LandBridge Co LLC Class A sharesLB

6.4%

Texas Pacific Land CorpTPL

4.8%

Diamondback Energy IncFANG

4.5%

SLB LtdSLB

4.1%

Quanta Services IncPWR

4.0%

Occidental Petroleum CorpOXY

3.5%

WaterBridge Infrastructure LLC Ordinary Shares - Class AWBI

3.5%

EOG Resources IncEOG

3.3%

Plains All American Pipeline LPPAA

3.1%

Asset allocation

Stocks

92.8%

Cash

7.2%

Other

0.0%

By sector

Energy

68.9%

Industrials

10.7%

Utilities

8.4%

Consumer Cyclical

7.0%

Consumer Defensive

2.7%

Financial Services

1.9%

Real Estate

0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-5.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Actively manages an ETF investing primarily in equity securities of Texas companies, targeting at least 80% of net assets in Texas firms. Investments may include common and preferred stocks, MLPs, REITs, and other equity-related instruments. The Adviser identifies companies benefiting from Texas's economic expansion, including those in oil, energy, manufacturing, financial services, technology, and agriculture. Portfolio typically holds 20 to 60 issuers, with up to 20% in non-Texas equities, focusing on the Oil, Gas & Consumable Fuels and Energy Equipment & Services Industries.
Inception date: January 21, 2026
Fund family: Horizon Kinetics