TXSS vs. NBSM ETF Comparison

Comparison of Texas Small Cap Equity Index ETF (TXSS) to Neuberger Berman Small-Mid Cap ETF (NBSM)

TXSS

Texas Small Cap Equity Index ETF

TXSS Description

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is a diversified, float-adjusted sector and, market-capitalization weighted index designed to reflect the performance primarily of stocks in small-capitalization companies that are headquartered in Texas.

Grade (RS Rating)

Last Trade

$27.40

Average Daily Volume

419

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NBSM

Neuberger Berman Small-Mid Cap ETF

NBSM Description

NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.

Grade (RS Rating)

Last Trade

$26.42

Average Daily Volume

17,161

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TXSS	NBSM
30 Days	2.63%	4.14%
60 Days	7.36%	6.62%
90 Days	10.23%	6.27%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in TXSS	Weight in NBSM	Overlap

TXSS Overweight 10 Positions Relative to NBSM

Symbol	Grade	Weight
HHH	C	7.73%
AMN	F	3.24%
NSP	F	3.14%
KNTK	A	2.99%
GPI	C	2.78%
NTST	F	2.5%
DNOW	F	2.44%
EAT	A	2.38%
ADUS	D	2.28%
ASO	D	2.21%

TXSS Underweight 10 Positions Relative to NBSM

Symbol	Grade	Weight
FICO	C	-3.74%
EXP	C	-3.61%
KEX	C	-3.49%
WSO	C	-2.97%
TTEK	A	-2.95%
ITT	C	-2.95%
RYAN	A	-2.9%
RBC	C	-2.86%
VMI	B	-2.7%
TYL	D	-2.69%