TXS vs. VNQ ETF Comparison

Comparison of Texas Capital Texas Equity Index ETF (TXS) to Vanguard REIT ETF - DNQ (VNQ)

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

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the 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.

Grade (RS Rating)

Last Trade

$94.94

Average Daily Volume

3,462,338

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	TXS	VNQ
30 Days	7.55%	-2.64%
60 Days	9.41%	-2.10%
90 Days	13.21%	3.54%
12 Months	40.22%	24.17%

11 Overlapping Holdings

Symbol	Grade	Weight in TXS	Weight in VNQ	Overlap
CBRE	B	2.56%	2.09%	2.09%
CCI	C	2.93%	2.83%	2.83%
CPT	C	0.81%	0.72%	0.72%
DLR	A	4.02%	2.88%	2.88%
FOR	F	0.04%	0.04%	0.04%
HHH	B	0.27%	0.14%	0.14%
INN	D	0.05%	0.04%	0.04%
INVH	D	1.23%	1.18%	1.18%
NTST	D	0.08%	0.07%	0.07%
NXRT	A	0.07%	0.06%	0.06%
WSR	A	0.05%	0.03%	0.03%

TXS Overweight 186 Positions Relative to VNQ

Symbol	Grade	Weight
TSLA	A	5.5%
THC	C	4.2%
CRWD	B	4.06%
SCHW	A	4.06%
MCK	A	3.82%
WM	B	3.35%
XOM	B	3.28%
GME	C	2.92%
LNG	A	2.46%
ORCL	A	2.37%
TPL	A	1.96%
COP	B	1.95%
KMI	A	1.89%
SYY	D	1.88%
DHI	D	1.86%
SCI	A	1.85%
PWR	A	1.84%
WING	D	1.64%
GPI	B	1.58%
TRGP	A	1.43%
TYL	B	1.31%
T	A	1.31%
RUSHA	B	1.23%
EOG	A	1.14%
TXN	C	1.13%
CAT	C	1.09%
J	D	0.96%
ASO	F	0.95%
SLB	C	0.92%
EAT	A	0.91%
VST	A	0.84%
ACM	B	0.78%
PLAY	D	0.71%
LUV	B	0.69%
FIX	A	0.63%
ADUS	D	0.62%
BKR	B	0.61%
OXY	F	0.51%
FLR	B	0.48%
FANG	D	0.47%
KBR	F	0.42%
CPRT	B	0.41%
SBH	B	0.4%
USPH	C	0.39%
HAL	C	0.39%
ATO	A	0.39%
CNP	A	0.35%
AAL	B	0.33%
PSX	C	0.32%
GL	C	0.31%
NRG	B	0.31%
CRBG	B	0.31%
CMA	B	0.3%
KMB	C	0.28%
CFR	B	0.27%
CTRA	B	0.27%
KEX	B	0.26%
VLO	C	0.26%
PB	A	0.24%
MRO	A	0.23%
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%
PR	B	0.14%
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%
CHRD	F	0.12%
RRC	B	0.12%
IBOC	B	0.12%
APA	F	0.12%
OMCL	C	0.11%
NTRA	A	0.11%
LUNR	B	0.1%
MTDR	C	0.1%
LGIH	F	0.09%
WFRD	F	0.09%
GSHD	B	0.09%
KNTK	A	0.09%
AAOI	A	0.09%
VCTR	B	0.09%
POWL	C	0.08%
DNOW	B	0.08%
USLM	A	0.08%
STC	B	0.07%
RICK	C	0.07%
EE	A	0.07%
MUR	F	0.07%
TFIN	B	0.07%
ANET	C	0.07%
FYBR	C	0.07%
MGY	A	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%
WTTR	A	0.06%
GLDD	B	0.06%
TH	C	0.06%
CRGY	A	0.06%
PRO	C	0.06%
TTI	B	0.06%
CRK	A	0.06%
QTWO	B	0.06%
EXP	B	0.06%
SAVA	C	0.06%
XPRO	F	0.06%
MTCH	F	0.06%
UEC	A	0.06%
DXPE	B	0.06%
YETI	D	0.05%
HTH	B	0.05%
PTEN	C	0.05%
DINO	D	0.05%
CECO	C	0.05%
TALO	C	0.05%
ATI	C	0.05%
GDOT	D	0.05%
NXST	C	0.05%
BIGC	C	0.05%
THR	B	0.05%
HLX	C	0.05%
GRNT	B	0.05%
PUMP	D	0.05%
SWI	B	0.05%
ITGR	B	0.05%
HESM	A	0.05%
CHX	C	0.05%
VTOL	B	0.05%
EZPW	A	0.05%
AZZ	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%
WHD	B	0.05%
OII	B	0.05%
CMC	B	0.05%
ALKT	B	0.05%
VBTX	B	0.05%
AROC	A	0.05%
TRN	A	0.05%
APLD	A	0.05%
THRY	F	0.04%
BRY	F	0.04%
DIOD	F	0.04%
CVI	D	0.04%
TSHA	D	0.04%
TDW	F	0.04%
CSTL	C	0.04%
VITL	D	0.04%
HUN	F	0.04%
WLK	F	0.04%
SLAB	F	0.04%
PARR	F	0.04%
EGY	F	0.04%
NR	C	0.04%
NOV	D	0.04%
AESI	B	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 134 Positions Relative to VNQ

Symbol	Grade	Weight
PLD	D	-6.41%
AMT	D	-5.96%
EQIX	A	-4.5%
WELL	A	-4.11%
PSA	C	-3.16%
O	C	-3.03%
SPG	A	-3.02%
EXR	C	-2.09%
IRM	C	-1.91%
AVB	B	-1.76%
VICI	C	-1.75%
CSGP	F	-1.69%
VTR	B	-1.42%
SBAC	D	-1.41%
EQR	C	-1.39%
WY	D	-1.35%
ESS	A	-1.04%
ARE	F	-1.03%
MAA	A	-1.02%
SUI	C	-0.92%
DOC	D	-0.88%
KIM	A	-0.86%
UDR	C	-0.78%
GLPI	C	-0.77%
WPC	C	-0.75%
REG	A	-0.7%
JLL	D	-0.7%
AMH	C	-0.69%
ELS	B	-0.69%
HST	D	-0.68%
BXP	D	-0.66%
CUBE	C	-0.66%
LAMR	D	-0.64%
REXR	F	-0.6%
Z	A	-0.55%
OHI	B	-0.55%
NNN	C	-0.49%
EGP	D	-0.49%
FRT	B	-0.47%
BRX	A	-0.46%
ADC	A	-0.42%
COLD	F	-0.42%
FR	C	-0.41%
STAG	D	-0.39%
VNO	C	-0.35%
TRNO	D	-0.35%
EPRT	A	-0.33%
RHP	B	-0.33%
KRG	A	-0.32%
CUZ	B	-0.25%
SLG	B	-0.25%
RYN	D	-0.25%
IRT	A	-0.25%
PECO	A	-0.25%
SBRA	B	-0.24%
KRC	C	-0.24%
CTRE	C	-0.24%
MAC	A	-0.22%
IIPR	F	-0.21%
BNL	D	-0.2%
PCH	D	-0.2%
SKT	A	-0.2%
NHI	D	-0.2%
EPR	D	-0.2%
CDP	C	-0.19%
APLE	B	-0.19%
NSA	C	-0.19%
ZG	A	-0.19%
MPW	F	-0.19%
HIW	D	-0.19%
CWK	C	-0.17%
DEI	B	-0.16%
LXP	D	-0.16%
PK	D	-0.16%
FCPT	C	-0.15%
COMP	B	-0.14%
UE	A	-0.14%
AKR	A	-0.13%
OUT	A	-0.13%
EQC	A	-0.12%
IVT	A	-0.12%
NMRK	B	-0.12%
SHO	D	-0.11%
ROIC	A	-0.11%
JOE	F	-0.11%
DRH	B	-0.1%
LTC	B	-0.09%
PEB	F	-0.09%
GTY	A	-0.09%
GNL	D	-0.09%
RDFN	D	-0.08%
ALEX	B	-0.08%
RLJ	C	-0.08%
JBGS	F	-0.08%
XHR	B	-0.08%
ESRT	C	-0.08%
ELME	D	-0.08%
KW	B	-0.07%
PDM	D	-0.07%
AAT	A	-0.07%
UMH	A	-0.07%
VRE	A	-0.07%
DEA	D	-0.07%
UNIT	B	-0.07%
CSR	A	-0.06%
EXPI	C	-0.06%
OPEN	F	-0.06%
AIV	C	-0.06%
AHH	D	-0.05%
PGRE	D	-0.05%
PLYM	F	-0.05%
BDN	C	-0.05%
MMI	B	-0.05%
GOOD	A	-0.04%
DHC	F	-0.04%
SVC	F	-0.04%
OLP	A	-0.03%
LAND	F	-0.03%
FPI	A	-0.03%
PKST	F	-0.03%
CHCT	C	-0.03%
BFS	C	-0.03%
ALX	D	-0.03%
UHT	D	-0.03%
HPP	F	-0.03%
GMRE	F	-0.03%
CBL	A	-0.02%
TRC	F	-0.02%
RMR	F	-0.02%
CLDT	C	-0.02%
OPI	F	-0.01%
SRG	F	-0.01%
NXDT	F	-0.01%
CIO	F	-0.01%