TXSTexas Capital Texas Equity Index ETF

Grow my money2y track recordRanked #2,024 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of the Texas Capital Texas Equity Index.

By Texas Capital Funds Trust · Launched 2023

Annual Cost

0.49%

#2,404 of 5,562 · average

Fund Size

$35M

#3,901 of 5,562 · small

Return (1Y)Goal

+16.1%

Track Record

2 years

#3,077 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,630+16.3%

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

Index tracking

Index tracked

Texas Capital Texas Equity Index

What it actually holds

By weight

Concentration

Top 10 holdings = 42.2% of fundmoderately concentrated

Tesla Inc

5.6%

Mckesson Corp.

5.4%

Crowdstrike Holdings Inc

5.0%

The Charles Schwab Corporation

4.8%

Tenet Healthcare Corporation

4.3%

Digital Realty Trust Inc.

4.1%

Waste Management, Inc.

3.9%

CBRE Group Inc.

3.7%

Crown Castle Inc.

3.0%

Gamestop Corp

2.4%

Asset allocation

Stocks

99.7%

Cash

0.3%

By sector

Energy

19.1%

Consumer Cyclical

17.0%

Technology

15.1%

Industrials

14.6%

Real Estate

12.1%

Healthcare

9.0%

Financial Services

7.0%

Communication

2.4%

Other

3.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

11.7%Moderate

Year-on-year price swings

Max drawdown

-19.7%Moderate

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: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of the Texas Capital Texas Equity Index.
Strategy: Invests at least 80% of assets in securities included in the Texas Equity Index and depositary receipts representing those securities. Employs a passive management approach designed to track total return.
Inception date: July 12, 2023
Fund family: Texas Capital Funds Trust