TXS vs. ODDS ETF Comparison
Comparison of Texas Capital Texas Equity Index ETF (TXS) to Pacer BlueStar Digital Entertainment ETF (ODDS)
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
$31.34
Average Daily Volume
2,074
10
ODDS
Pacer BlueStar Digital Entertainment ETF
ODDS Description
The fund employs a “passive management” investment approach designed to track the total return performance of the index. The index is a rules-based index that consists of globally-listed stocks and depositary receipts of digital entertainment companies. Under normal circumstances, at least 80% of the fund’s net assets (plus any borrowings for investment purposes) will be invested in companies that derive at least 50% of their revenues from Digital Entertainment. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.89
Average Daily Volume
122
16
Performance
Period | TXS | ODDS |
---|---|---|
30 Days | 4.65% | 10.31% |
60 Days | 10.67% | 20.37% |
90 Days | 6.92% | 12.68% |
12 Months | 36.01% | 38.34% |
0 Overlapping Holdings
Symbol | Grade | Weight in TXS | Weight in ODDS | Overlap |
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TXS: Top Represented Industries & Keywords
ODDS: Top Represented Industries & Keywords