TXS vs. SOVF ETF Comparison
Comparison of Texas Capital Texas Equity Index ETF (TXS) to Sovereign's Capital Flourish Fund (SOVF)
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
$31.16
Average Daily Volume
2,463
10
SOVF
Sovereign's Capital Flourish Fund
SOVF Description
The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.Grade (RS Rating)
Last Trade
$30.20
Average Daily Volume
17,502
10
Performance
| Period | TXS | SOVF |
|---|---|---|
| 30 Days | 1.80% | -1.78% |
| 60 Days | 7.34% | 1.37% |
| 90 Days | 5.70% | 5.84% |
| 12 Months | 33.12% |
1 Overlapping Holdings
| Symbol | Grade | Weight in TXS | Weight in SOVF | Overlap | |
|---|---|---|---|---|---|
| CBRE | A | 2.7% | 2.36% | 2.36% |
TXS: Top Represented Industries & Keywords
SOVF: Top Represented Industries & Keywords
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