TXS vs. FESM ETF Comparison

Comparison of Texas Capital Texas Equity Index ETF (TXS) to Fidelity Enhanced Small Cap ETF (FESM)
TXS

Texas Capital Texas Equity Index ETF

TXS Description

TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.

Grade (RS Rating)

Last Trade

$33.47

Average Daily Volume

2,278

Number of Holdings *

197

* may have additional holdings in another (foreign) market
FESM

Fidelity Enhanced Small Cap ETF

FESM Description The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.72

Average Daily Volume

109,911

Number of Holdings *

562

* may have additional holdings in another (foreign) market
Performance
Period TXS FESM
30 Days 5.79% 2.21%
60 Days 9.74% 6.81%
90 Days 12.22% 9.64%
12 Months 40.16%
42 Overlapping Holdings
Symbol Grade Weight in TXS Weight in FESM Overlap
ACA B 0.07% 0.37% 0.07%
ADUS D 0.67% 0.1% 0.1%
AROC A 0.05% 0.39% 0.05%
ATI D 0.05% 0.32% 0.05%
CECO C 0.04% 0.35% 0.04%
CHX C 0.05% 0.11% 0.05%
CMC B 0.06% 0.06% 0.06%
CNK A 0.05% 0.14% 0.05%
CRGY A 0.06% 0.58% 0.06%
CSWI B 0.06% 0.17% 0.06%
DIOD F 0.05% 0.1% 0.05%
DXPE A 0.07% 0.16% 0.07%
EAT A 0.86% 0.11% 0.11%
EE A 0.06% 0.05% 0.05%
ETWO F 0.03% 0.03% 0.03%
EZPW A 0.05% 0.23% 0.05%
FFIN A 0.14% 0.35% 0.14%
FIX A 0.63% 0.55% 0.55%
FLR B 0.54% 0.5% 0.5%
HLX D 0.05% 0.23% 0.05%
LUNR B 0.08% 0.07% 0.07%
MRC B 0.06% 0.08% 0.06%
MTDR C 0.1% 0.51% 0.1%
MUR F 0.07% 0.19% 0.07%
NOVA F 0.01% 0.01% 0.01%
NXRT A 0.07% 0.04% 0.04%
OIS B 0.06% 0.05% 0.05%
PRO C 0.06% 0.18% 0.06%
QTWO A 0.06% 0.8% 0.06%
RUSHA B 1.27% 0.08% 0.08%
SBH A 0.39% 0.18% 0.18%
SVRA F 0.04% 0.02% 0.02%
THR C 0.05% 0.07% 0.05%
TRN A 0.05% 0.26% 0.05%
TSHA D 0.03% 0.06% 0.03%
UEC B 0.07% 0.06% 0.06%
UPBD B 0.05% 0.5% 0.05%
USLM A 0.08% 0.03% 0.03%
VBTX A 0.05% 0.09% 0.05%
VTOL B 0.05% 0.1% 0.05%
WFRD F 0.09% 0.01% 0.01%
WSR B 0.05% 0.13% 0.05%
TXS Overweight 155 Positions Relative to FESM
Symbol Grade Weight
TSLA B 5.1%
THC C 4.57%
CRWD B 4.0%
DLR A 4.0%
MCK A 3.83%
SCHW A 3.69%
WM B 3.4%
XOM B 3.33%
CCI D 2.94%
CBRE B 2.6%
GME C 2.58%
ORCL A 2.41%
LNG A 2.34%
COP C 1.96%
DHI D 1.94%
TPL A 1.93%
SYY D 1.93%
SCI B 1.9%
PWR A 1.83%
KMI A 1.83%
WING F 1.72%
GPI A 1.53%
TRGP A 1.37%
TYL B 1.35%
T A 1.27%
TXN C 1.23%
INVH D 1.21%
CAT B 1.16%
EOG A 1.08%
ASO F 1.04%
J D 0.99%
SLB C 0.92%
ACM B 0.81%
VST A 0.8%
CPT D 0.8%
PLAY C 0.75%
LUV A 0.66%
BKR A 0.61%
OXY F 0.52%
KBR D 0.51%
FANG D 0.49%
CPRT A 0.41%
USPH C 0.41%
HAL C 0.39%
ATO A 0.38%
CNP A 0.33%
NRG B 0.32%
CRBG B 0.32%
GL B 0.31%
PSX C 0.31%
AAL B 0.31%
CMA A 0.3%
HHH B 0.29%
KMB C 0.28%
CFR A 0.27%
KEX A 0.26%
VLO C 0.26%
CTRA A 0.26%
AGL F 0.25%
MRO A 0.23%
PB A 0.23%
DELL C 0.22%
IESC B 0.21%
STRL B 0.21%
COOP B 0.2%
TPG B 0.19%
HPE B 0.17%
NSP F 0.16%
PRIM A 0.16%
XPEL B 0.14%
PR C 0.14%
LII B 0.13%
OMCL C 0.13%
BLDR D 0.13%
RRC B 0.12%
IBOC A 0.12%
GRBK D 0.12%
CHRD F 0.12%
APA F 0.12%
VCTR B 0.1%
NTRA B 0.1%
KNTK A 0.09%
LGIH F 0.09%
POWL C 0.09%
IBTX A 0.08%
CSV B 0.08%
NTST D 0.08%
GSHD A 0.08%
RICK B 0.07%
ANET C 0.07%
TFIN A 0.07%
XPRO F 0.07%
FYBR C 0.07%
MGY A 0.07%
DNOW A 0.07%
TH C 0.06%
GDOT C 0.06%
OII B 0.06%
TASK C 0.06%
ALKT B 0.06%
FLS A 0.06%
CRK A 0.06%
APLD C 0.06%
TTI B 0.06%
SAVA C 0.06%
AMN F 0.06%
GLDD B 0.06%
AAOI A 0.06%
WTTR A 0.06%
CE F 0.06%
STC A 0.06%
MTCH F 0.06%
EXP B 0.06%
VITL F 0.05%
DINO D 0.05%
YETI F 0.05%
AESI D 0.05%
NOV D 0.05%
EGY F 0.05%
INN D 0.05%
SLAB F 0.05%
HTH B 0.05%
GRNT B 0.05%
NR D 0.05%
FOR F 0.05%
CSTL C 0.05%
PTEN D 0.05%
HESM C 0.05%
ITGR B 0.05%
TALO C 0.05%
SBSI B 0.05%
BIGC C 0.05%
SWI B 0.05%
AZZ B 0.05%
PUMP F 0.05%
TDW F 0.05%
ALG B 0.05%
NX C 0.05%
DAR B 0.05%
SABR B 0.05%
PX A 0.05%
WHD B 0.05%
SKWD A 0.05%
FFWM B 0.05%
NXST D 0.05%
BMBL C 0.05%
PARR D 0.04%
THRY F 0.04%
BRY F 0.04%
HUN F 0.04%
WLK F 0.04%
APPS F 0.03%
CRUS F 0.03%
LXRX F 0.03%
CVI D 0.03%
TXS Underweight 520 Positions Relative to FESM
Symbol Grade Weight
SFM A -0.97%
LUMN C -0.86%
CRS A -0.81%
CVLT B -0.77%
ANF C -0.74%
FN C -0.74%
SPSC D -0.72%
SKYW A -0.69%
BGC B -0.66%
PAYO A -0.65%
JXN B -0.64%
ENS D -0.61%
MWA A -0.6%
MHO D -0.59%
CSGS A -0.59%
YELP C -0.58%
COMP B -0.58%
IBP F -0.57%
NWBI A -0.57%
QLYS C -0.56%
MTX B -0.56%
EME B -0.55%
CVNA A -0.55%
EXLS B -0.54%
PRG A -0.54%
HWKN C -0.53%
OUT C -0.53%
LKFN A -0.52%
FUL F -0.52%
WT A -0.51%
VMEO B -0.51%
LMND A -0.51%
FHI A -0.5%
AEO F -0.5%
AIR B -0.49%
IGT F -0.49%
MXL C -0.48%
AIT A -0.47%
TMHC B -0.47%
ITRI B -0.47%
REZI A -0.46%
LANC D -0.45%
SIGI A -0.44%
CODI A -0.44%
BANF A -0.43%
INSM D -0.42%
BHE B -0.41%
BMI B -0.4%
MMSI A -0.4%
GT C -0.39%
WTS A -0.39%
CMPR F -0.39%
SANM B -0.39%
APOG B -0.38%
UCTT F -0.37%
CBU A -0.37%
AAT C -0.36%
CRDO C -0.36%
BAND C -0.36%
ABCB A -0.36%
PCVX D -0.36%
TENB D -0.36%
GH B -0.35%
CNMD C -0.35%
VICR B -0.35%
UMBF A -0.34%
TPH D -0.34%
TEX D -0.34%
PECO A -0.34%
ESRT D -0.34%
BBSI A -0.33%
GNW A -0.33%
NMIH D -0.33%
YOU D -0.32%
SF A -0.32%
SXT C -0.32%
ABM B -0.32%
MATX B -0.32%
STEP A -0.32%
COKE C -0.32%
PFS A -0.31%
EQC A -0.31%
SWX A -0.31%
KAR A -0.31%
KTOS B -0.31%
NJR A -0.3%
MTH D -0.3%
AWR A -0.3%
WOOF D -0.3%
GFF A -0.3%
VREX C -0.29%
EGHT C -0.29%
AX A -0.29%
PHR F -0.29%
BDC B -0.29%
TRNO D -0.28%
LNW D -0.28%
SXC A -0.28%
WK B -0.28%
YEXT A -0.28%
FBP A -0.28%
CNO A -0.27%
RVMD B -0.26%
PRGS B -0.26%
CEIX A -0.25%
PLPC B -0.25%
CDP C -0.25%
HP C -0.25%
MOG.A B -0.25%
SNEX A -0.25%
HQY A -0.24%
PDFS D -0.24%
BCO F -0.24%
PSN C -0.24%
NBR D -0.24%
SHAK B -0.23%
PLXS B -0.23%
EPAC B -0.23%
CORT B -0.23%
CPF A -0.23%
BUSE A -0.23%
MRTN C -0.23%
RNST A -0.22%
PLAB D -0.22%
CRC B -0.22%
COMM D -0.22%
CALM A -0.22%
HWC A -0.22%
CRAI B -0.22%
GEO A -0.22%
MAC A -0.22%
AORT B -0.22%
TILE A -0.22%
ROCK C -0.21%
WABC A -0.21%
AXGN D -0.21%
RNA C -0.21%
PBH A -0.21%
HALO D -0.21%
SJW F -0.21%
HURN B -0.21%
OI C -0.21%
AXL C -0.21%
ALKS B -0.21%
CTRE D -0.2%
HNI A -0.2%
BL B -0.2%
HSTM B -0.2%
ZUO A -0.2%
KBH D -0.2%
CWT C -0.2%
PBI C -0.19%
TNC F -0.19%
HL D -0.19%
SMTC C -0.19%
FULT A -0.19%
UBSI A -0.19%
RMBS C -0.19%
PD C -0.18%
PJT A -0.18%
CADE A -0.18%
FRME A -0.18%
SFBS A -0.18%
XRX F -0.18%
SLVM B -0.18%
BVS D -0.18%
HY F -0.18%
AVNS F -0.18%
CNXN D -0.18%
VRE A -0.18%
ARLO D -0.17%
IRTC C -0.17%
PRK A -0.17%
DCO A -0.17%
TDS B -0.17%
PTCT B -0.17%
LMB A -0.17%
FLNC D -0.17%
INTA B -0.17%
TVTX B -0.16%
RYTM C -0.16%
EWTX C -0.16%
EXPI C -0.16%
BOH A -0.16%
BCC B -0.16%
ALRM C -0.16%
BPMC D -0.16%
CYTK D -0.16%
DOMO C -0.15%
VCYT B -0.15%
STNG F -0.15%
WSBC A -0.15%
MDGL C -0.15%
DY C -0.15%
NFBK A -0.15%
AMSF A -0.15%
TRTX B -0.15%
SAH A -0.15%
OFG B -0.15%
CPS C -0.15%
OPCH F -0.14%
GHC A -0.14%
CPRX C -0.14%
AGIO B -0.14%
NRIX C -0.14%
ETD D -0.14%
WKC C -0.14%
HAE A -0.14%
FLXS B -0.14%
TWST F -0.14%
VRTS A -0.14%
UCB A -0.14%
FOLD F -0.14%
SRRK C -0.13%
ATRC C -0.13%
WS B -0.13%
CRNX C -0.13%
KNF B -0.13%
EXTR B -0.13%
SRCE A -0.13%
SLG B -0.13%
BRC C -0.12%
ZEUS C -0.12%
DK D -0.12%
KREF D -0.12%
TRUP A -0.12%
REPX A -0.12%
AMRX C -0.12%
AMSC C -0.12%
FORM F -0.12%
KRYS D -0.11%
ACAD C -0.11%
ADMA C -0.11%
SKT A -0.11%
HCAT C -0.11%
DYN F -0.11%
OTTR C -0.11%
CDNA D -0.11%
HCI B -0.11%
LYTS A -0.11%
UNIT B -0.11%
ALE A -0.1%
LADR A -0.1%
TRUE B -0.1%
OSCR F -0.1%
AMPH F -0.1%
NGVC A -0.1%
GKOS B -0.1%
INDB A -0.1%
FFBC A -0.1%
GMRE D -0.1%
AUB A -0.1%
BCRX D -0.1%
KURA F -0.1%
ALTR B -0.1%
RDFN D -0.1%
TGTX B -0.09%
EBS C -0.09%
ADPT C -0.09%
AMBA B -0.09%
AMAL B -0.09%
LGND B -0.09%
ODP F -0.09%
HLIT F -0.09%
RXRX F -0.09%
BCPC B -0.09%
MYGN F -0.09%
AGS A -0.09%
AUR D -0.09%
ARQT D -0.09%
ARAY D -0.08%
PRLB B -0.08%
ANIP D -0.08%
FTDR B -0.08%
FDP A -0.08%
BSRR B -0.08%
SGMO C -0.08%
CDMO A -0.08%
DEA D -0.08%
PCRX C -0.08%
EGP D -0.08%
KTB A -0.08%
TDOC C -0.08%
CATY A -0.08%
LTH D -0.08%
PTGX D -0.08%
AIN C -0.08%
MTRN C -0.08%
URBN C -0.08%
TCMD A -0.08%
AKBA C -0.08%
WVE C -0.08%
SSTK F -0.08%
FSS C -0.08%
SCS A -0.08%
SPT C -0.08%
PACB D -0.08%
LNTH F -0.07%
LIVN C -0.07%
CTKB C -0.07%
KE C -0.07%
WEAV B -0.07%
NVAX F -0.07%
ORIC D -0.07%
KOD B -0.07%
HBI A -0.07%
JAMF F -0.07%
NBTB A -0.07%
HRTG C -0.07%
AXSM B -0.07%
FISI A -0.07%
PGC A -0.07%
SEM B -0.07%
LGF.A F -0.07%
IRWD D -0.07%
MYE F -0.07%
OPEN F -0.07%
NUVB C -0.07%
ATNI F -0.07%
PL B -0.07%
CTBI A -0.07%
DNLI C -0.07%
MEDP D -0.07%
WSBF B -0.07%
REPL C -0.07%
BLKB D -0.07%
CDE D -0.07%
WMK B -0.07%
BSIG A -0.07%
COLL F -0.07%
BBIO F -0.07%
ANNX D -0.06%
ERAS C -0.06%
AKRO C -0.06%
RXO C -0.06%
SNDX D -0.06%
RVNC F -0.06%
ARCT F -0.06%
APPN B -0.06%
IART C -0.06%
BGS F -0.06%
CDXS C -0.06%
TREE F -0.06%
CCCC F -0.06%
HURC C -0.06%
RM D -0.06%
GIC F -0.06%
BKD F -0.06%
ARVN D -0.06%
AVD C -0.06%
CLDX F -0.06%
CERS D -0.06%
QTRX D -0.06%
FBK A -0.06%
NABL F -0.06%
EOLS F -0.06%
ETNB D -0.05%
ALLK C -0.05%
ACIW B -0.05%
DAKT A -0.05%
SAGE F -0.05%
OABI D -0.05%
LGF.A F -0.05%
DSGN C -0.05%
TMCI C -0.05%
PAHC A -0.05%
ATRO F -0.05%
ORGO B -0.05%
FLYW B -0.05%
MLNK C -0.05%
ZIP D -0.05%
OPY B -0.05%
UHT D -0.05%
ARWR D -0.05%
COGT D -0.05%
STRO D -0.05%
BY A -0.05%
VNDA C -0.05%
ABSI F -0.05%
SNBR F -0.05%
ONTO F -0.05%
MCRI A -0.05%
CVBF A -0.05%
BOOT C -0.05%
TSVT F -0.04%
HRTX F -0.04%
MGNX D -0.04%
LPSN F -0.04%
ICFI F -0.04%
BLBD F -0.04%
AOSL F -0.04%
BDTX F -0.04%
TNDM F -0.04%
TERN F -0.04%
GERN F -0.04%
MSBI A -0.04%
BRSP B -0.04%
CXM C -0.04%
BASE C -0.04%
NUVL D -0.04%
VYGR F -0.04%
CRVL B -0.04%
ALX D -0.04%
IOVA D -0.04%
KALV F -0.04%
IDYA F -0.04%
NPAB F -0.04%
ZNTL D -0.04%
UVE A -0.04%
COUR F -0.04%
NSSC F -0.04%
TXRH A -0.04%
PRTS C -0.03%
FIZZ B -0.03%
ANIK D -0.03%
KYMR C -0.03%
GCI D -0.03%
NPK B -0.03%
ACET F -0.03%
GIII D -0.03%
ENTA F -0.03%
RMAX D -0.03%
SHEN F -0.03%
CWCO C -0.03%
IDT B -0.03%
RLMD F -0.03%
MBWM A -0.03%
YMAB D -0.03%
BEAM D -0.03%
BECN B -0.03%
ENSG D -0.03%
STNE F -0.03%
MED D -0.03%
RLAY F -0.03%
VSCO A -0.03%
AXNX A -0.03%
RCKT F -0.03%
ASC F -0.03%
STBA A -0.03%
FNKO D -0.03%
SANA F -0.03%
UVSP A -0.03%
ACLX C -0.03%
HROW D -0.03%
MCY A -0.03%
ARRY C -0.03%
UFPI C -0.03%
HNST A -0.03%
CHGG D -0.03%
BHLB A -0.03%
LMAT A -0.03%
NARI C -0.03%
HUMA F -0.03%
GRC B -0.03%
FATE F -0.03%
VCEL A -0.03%
EDIT F -0.03%
HIMS C -0.03%
CSR A -0.03%
ANGO C -0.02%
SUPN B -0.02%
RCKY F -0.02%
EB C -0.02%
UPLD C -0.02%
DIN C -0.02%
ONTF C -0.02%
TNYA D -0.02%
CTMX F -0.02%
SPNS F -0.02%
MQ F -0.02%
NTLA F -0.02%
DVAX C -0.02%
ZIMV F -0.02%
TNET F -0.02%
ABUS D -0.02%
MCB A -0.02%
RAMP C -0.02%
NKTR D -0.02%
TCBK A -0.02%
XNCR B -0.02%
JBSS F -0.02%
SPOK B -0.02%
MRSN C -0.02%
PGEN F -0.02%
CRBU D -0.02%
PRAA C -0.02%
GPRE F -0.02%
FCF A -0.02%
DOC D -0.02%
SWTX C -0.02%
TSE F -0.02%
ALHC C -0.02%
NKTX F -0.02%
ALEC F -0.02%
VERA B -0.02%
MDXG A -0.02%
SFL F -0.02%
ALT C -0.02%
PDCO F -0.02%
KPTI D -0.02%
PBYI D -0.02%
FSTR B -0.02%
PKE B -0.02%
BOLT F -0.01%
CARA D -0.01%
ALVR F -0.01%
INO F -0.01%
GATX A -0.01%
ZDGE F -0.01%
FGEN F -0.01%
IMVT D -0.01%
CHRS F -0.01%
AVTE D -0.01%
SMMT D -0.01%
ADAP F -0.01%
SPCE D -0.01%
RIG D -0.01%
URGN F -0.01%
XBIT D -0.01%
CCBG A -0.01%
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