TXS vs. FFTY ETF Comparison
Comparison of Texas Capital Texas Equity Index ETF (TXS) to Innovator IBD 50 Fund ETF (FFTY)
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
$31.10
Average Daily Volume
2,355
10
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$26.58
Average Daily Volume
124,648
50
Performance
| Period | TXS | FFTY |
|---|---|---|
| 30 Days | 1.59% | 2.35% |
| 60 Days | 7.13% | 8.18% |
| 90 Days | 5.49% | -5.04% |
| 12 Months | 35.10% | 23.10% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TXS | Weight in FFTY | Overlap | |
|---|---|---|---|---|---|
| CRWD | D | 3.09% | 3.46% | 3.09% |
TXS Underweight 49 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| ARM | C | -3.85% | |
| CAMT | F | -3.71% | |
| NVDA | C | -3.7% | |
| MMYT | D | -3.63% | |
| ANET | A | -3.54% | |
| CLS | B | -3.49% | |
| NSSC | F | -3.46% | |
| TMDX | D | -3.43% | |
| HIMS | B | -3.37% | |
| RCL | C | -3.09% | |
| ALNY | C | -3.05% | |
| GOOGL | B | -3.02% | |
| BWIN | B | -3.0% | |
| NFLX | A | -2.99% | |
| ELF | F | -2.99% | |
| NVO | F | -2.91% | |
| STEP | A | -2.87% | |
| WING | B | -2.78% | |
| CMRE | B | -2.71% | |
| TGTX | C | -2.15% | |
| PLTR | A | -2.09% | |
| PSTG | F | -2.07% | |
| VITL | B | -2.06% | |
| HUT | D | -2.02% | |
| MNDY | C | -1.98% | |
| FN | B | -1.96% | |
| NTRA | A | -1.95% | |
| BROS | F | -1.95% | |
| FRPT | C | -1.93% | |
| MIRM | D | -1.07% | |
| TWST | D | -1.05% | |
| UTHR | C | -1.01% | |
| APPF | C | -0.99% | |
| KKR | A | -0.98% | |
| IBKR | A | -0.97% | |
| AX | D | -0.97% | |
| SRPT | F | -0.96% | |
| TOST | C | -0.95% | |
| NOW | C | -0.93% | |
| ONTO | B | -0.52% | |
| AVGO | C | -0.52% | |
| C | B | -0.51% | |
| HEI | A | -0.5% | |
| CTAS | B | -0.5% | |
| AXP | A | -0.5% | |
| SNPS | F | -0.49% | |
| RYAN | A | -0.49% | |
| KSPI | F | -0.49% | |
| ASND | C | -0.49% |
TXS: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords
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