TXS vs. VDE ETF Comparison

Comparison of Texas Capital Texas Equity Index ETF (TXS) to Vanguard Energy ETF (VDE)

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

$34.00

Average Daily Volume

2,545

Number of Holdings ^*

197

* may have additional holdings in another (foreign) market

VDE

Vanguard Energy ETF

VDE Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/ Energy 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the energy sector, as classified under the Global Industry Classification Standard (GICS). It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$134.40

Average Daily Volume

386,077

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	TXS	VDE
30 Days	7.55%	5.80%
60 Days	9.41%	8.30%
90 Days	13.21%	8.43%
12 Months	40.22%	14.96%

52 Overlapping Holdings

Symbol	Grade	Weight in TXS	Weight in VDE	Overlap
AESI	B	0.04%	0.07%	0.04%
APA	F	0.12%	0.47%	0.12%
AROC	A	0.05%	0.18%	0.05%
BKR	B	0.61%	1.98%	0.61%
BRY	F	0.04%	0.04%	0.04%
CHRD	F	0.12%	0.43%	0.12%
CHX	C	0.05%	0.3%	0.05%
COP	B	1.95%	6.63%	1.95%
CRGY	A	0.06%	0.14%	0.06%
CRK	A	0.06%	0.09%	0.06%
CTRA	B	0.27%	0.94%	0.27%
CVI	D	0.04%	0.05%	0.04%
DINO	D	0.05%	0.34%	0.05%
EE	A	0.07%	0.06%	0.06%
EGY	F	0.04%	0.05%	0.04%
EOG	A	1.14%	3.65%	1.14%
FANG	D	0.47%	1.75%	0.47%
GRNT	B	0.05%	0.04%	0.04%
HAL	C	0.39%	1.28%	0.39%
HESM	A	0.05%	0.21%	0.05%
HLX	C	0.05%	0.09%	0.05%
KMI	A	1.89%	2.54%	1.89%
KNTK	A	0.09%	0.13%	0.09%
LNG	A	2.46%	2.32%	2.32%
MGY	A	0.07%	0.25%	0.07%
MRO	A	0.23%	0.85%	0.23%
MTDR	C	0.1%	0.34%	0.1%
MUR	F	0.07%	0.26%	0.07%
NOV	D	0.04%	0.34%	0.04%
NR	C	0.04%	0.05%	0.04%
OII	B	0.05%	0.15%	0.05%
OXY	F	0.51%	1.73%	0.51%
PARR	F	0.04%	0.07%	0.04%
PR	B	0.14%	0.39%	0.14%
PSX	C	0.32%	2.73%	0.32%
PTEN	C	0.05%	0.17%	0.05%
PUMP	D	0.05%	0.05%	0.05%
RRC	B	0.12%	0.4%	0.12%
SLB	C	0.92%	2.96%	0.92%
TALO	C	0.05%	0.1%	0.05%
TDW	F	0.04%	0.17%	0.04%
TPL	A	1.96%	1.22%	1.22%
TRGP	A	1.43%	1.84%	1.43%
TTI	B	0.06%	0.05%	0.05%
UEC	A	0.06%	0.2%	0.06%
VLO	C	0.26%	2.25%	0.26%
VTOL	B	0.05%	0.06%	0.05%
WFRD	F	0.09%	0.32%	0.09%
WHD	B	0.05%	0.23%	0.05%
WTTR	A	0.06%	0.08%	0.06%
XOM	B	3.28%	22.75%	3.28%
XPRO	F	0.06%	0.08%	0.06%

TXS Overweight 145 Positions Relative to VDE

Symbol	Grade	Weight
TSLA	A	5.5%
THC	C	4.2%
CRWD	B	4.06%
SCHW	A	4.06%
DLR	A	4.02%
MCK	A	3.82%
WM	B	3.35%
CCI	C	2.93%
GME	C	2.92%
CBRE	B	2.56%
ORCL	A	2.37%
SYY	D	1.88%
DHI	D	1.86%
SCI	A	1.85%
PWR	A	1.84%
WING	D	1.64%
GPI	B	1.58%
TYL	B	1.31%
T	A	1.31%
RUSHA	B	1.23%
INVH	D	1.23%
TXN	C	1.13%
CAT	C	1.09%
J	D	0.96%
ASO	F	0.95%
EAT	A	0.91%
VST	A	0.84%
CPT	C	0.81%
ACM	B	0.78%
PLAY	D	0.71%
LUV	B	0.69%
FIX	A	0.63%
ADUS	D	0.62%
FLR	B	0.48%
KBR	F	0.42%
CPRT	B	0.41%
SBH	B	0.4%
USPH	C	0.39%
ATO	A	0.39%
CNP	A	0.35%
AAL	B	0.33%
GL	C	0.31%
NRG	B	0.31%
CRBG	B	0.31%
CMA	B	0.3%
KMB	C	0.28%
CFR	B	0.27%
HHH	B	0.27%
KEX	B	0.26%
PB	A	0.24%
STRL	A	0.22%
DELL	B	0.21%
COOP	B	0.2%
IESC	A	0.2%
TPG	A	0.19%
PRIM	A	0.16%
HPE	B	0.16%
FFIN	B	0.14%
AGL	F	0.14%
NSP	F	0.14%
XPEL	C	0.14%
LII	A	0.13%
BLDR	D	0.13%
GRBK	D	0.12%
IBOC	B	0.12%
OMCL	C	0.11%
NTRA	A	0.11%
LUNR	B	0.1%
LGIH	F	0.09%
GSHD	B	0.09%
AAOI	A	0.09%
VCTR	B	0.09%
POWL	C	0.08%
DNOW	B	0.08%
USLM	A	0.08%
NTST	D	0.08%
STC	B	0.07%
RICK	C	0.07%
TFIN	B	0.07%
NXRT	A	0.07%
ANET	C	0.07%
FYBR	C	0.07%
ACA	A	0.07%
CSV	B	0.07%
IBTX	B	0.07%
DAR	B	0.06%
BMBL	C	0.06%
OIS	C	0.06%
SABR	B	0.06%
CSWI	A	0.06%
PX	A	0.06%
FFWM	C	0.06%
MRC	B	0.06%
SKWD	A	0.06%
FLS	A	0.06%
GLDD	B	0.06%
TH	C	0.06%
PRO	C	0.06%
QTWO	B	0.06%
EXP	B	0.06%
SAVA	C	0.06%
MTCH	F	0.06%
DXPE	B	0.06%
YETI	D	0.05%
INN	D	0.05%
HTH	B	0.05%
CECO	C	0.05%
ATI	C	0.05%
GDOT	D	0.05%
NXST	C	0.05%
BIGC	C	0.05%
THR	B	0.05%
SWI	B	0.05%
ITGR	B	0.05%
EZPW	A	0.05%
AZZ	A	0.05%
WSR	A	0.05%
SBSI	B	0.05%
CNK	A	0.05%
TASK	C	0.05%
UPBD	C	0.05%
ALG	C	0.05%
CE	F	0.05%
NX	C	0.05%
CMC	B	0.05%
ALKT	B	0.05%
VBTX	B	0.05%
TRN	A	0.05%
APLD	A	0.05%
THRY	F	0.04%
DIOD	F	0.04%
TSHA	D	0.04%
CSTL	C	0.04%
VITL	D	0.04%
HUN	F	0.04%
WLK	F	0.04%
SLAB	F	0.04%
FOR	F	0.04%
LXRX	F	0.03%
ETWO	F	0.03%
SVRA	F	0.03%
CRUS	F	0.03%
AMN	F	0.03%
APPS	F	0.02%
NOVA	F	0.01%

TXS Underweight 49 Positions Relative to VDE

Symbol	Grade	Weight
CVX	A	-13.26%
WMB	A	-3.3%
MPC	D	-2.82%
OKE	A	-2.77%
HES	B	-1.94%
DVN	F	-1.28%
EQT	A	-0.98%
FTI	A	-0.62%
OVV	C	-0.56%
DTM	A	-0.48%
AR	B	-0.42%
CNX	A	-0.3%
AM	A	-0.29%
SM	C	-0.27%
CIVI	D	-0.21%
CRC	A	-0.2%
NOG	B	-0.2%
HP	C	-0.2%
PAGP	A	-0.2%
CEIX	A	-0.2%
BTU	C	-0.2%
ENLC	A	-0.2%
RIG	D	-0.19%
VAL	F	-0.19%
PBF	D	-0.17%
LBRT	F	-0.16%
LEU	C	-0.15%
GPOR	A	-0.12%
WKC	D	-0.11%
GEVO	D	-0.11%
INSW	F	-0.11%
KOS	D	-0.11%
CLB	C	-0.08%
KRP	B	-0.08%
LPG	F	-0.08%
DK	D	-0.07%
NFE	F	-0.07%
VTLE	C	-0.06%
NBR	D	-0.06%
NEXT	B	-0.06%
REX	D	-0.06%
GPRE	F	-0.06%
RES	F	-0.05%
CLNE	F	-0.05%
WTI	F	-0.04%
REPX	A	-0.04%
HPK	C	-0.04%
SD	F	-0.04%
BOOM	F	-0.03%