TXS

📎 Investment Objective

The TXS - Texas Capital Texas Equity Index ETF seeks to track the performance of the Texas Equity Index, which is designed to provide exposure to publicly traded companies headquartered in the state of Texas.

✨ Key Features

• Provides exposure to the Texas equity market through a diversified portfolio of Texas-based companies
• Passively tracks the Texas Equity Index, which is designed to represent the overall Texas stock market
• Low expense ratio of 0.00%
• Limited assets under management, as the fund is relatively new

⚠️ Primary Risks

• Concentration risk, as the fund is focused on a single state's equity market
• Lack of performance history, as the fund has not been in existence long enough to establish a meaningful track record
• Liquidity risk, due to the fund's small asset base and potentially limited trading volume
• Market risk, as the value of the fund's holdings may fluctuate with changes in the overall stock market

👤 Best For

The TXS - Texas Capital Texas Equity Index ETF may be suitable for investors seeking exposure to the Texas equity market as part of a diversified portfolio. It may be of particular interest to investors with a strong regional focus or those looking to overweight their exposure to the Texas economy. However, due to the fund's limited history and small asset base, it may be more appropriate for investors with a higher risk tolerance and a longer-term investment horizon.