TXS — Texas Capital Texas Equity Index ETF
Data updated: 2026-08-31
TXS — Texas Capital Texas Equity Index ETF. United States Multi-Cap / All-Cap Blend / Core Equity · $35.50M AUM. Holdings, fees, performance and SEC filings.
TXS Fund Overview
TXS — Texas Capital Texas Equity Index ETF is a US ETF managed by Texas Capital Funds Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Texas Capital Funds Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $35.50M
- 1-year return: 16.7%
- Ticker: TXS
- SEC CIK: 0001972459
- SEC series ID: S000080680
- Share class ID: C000243202
TXS Investment Objective and Strategy
Texas Capital Texas Equity Index ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Texas Capital Funds Trust.
Investment objective
Texas Capital Texas Equity Index ETF (the Texas Equity Index ETF or the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Texas Capital Texas Equity Index (the Texas Equity Index or the Index).
Principal investment strategy
The Fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The Fund is an exchange-traded fund (ETF) that employs a passive management or indexing investment approach designed to track the total return performance, before fees and expenses, of the Index. Texas Capital Bank Wealth Management Services, Inc., doing business as Texas Capital Bank Private Wealth Advisors (Texas Capital or Adviser) believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states.
In the Advisers view, the strong business environment in the State of Texas is demonstrated by, among other things, its infrastructure spending and resources, relatively low cost of conducting business, export data, and third-party rankings and recognitions. In addition, the Texas economy is large and diverse. Key business sectors in Texas include advanced manufacturing; aerospace, aviation & defense; biotechnology & life sciences; corporate services; energy; and information technology. To represent the economic diversity of the State of Texas, the Index will use sector weightings corresponding to the industry contributions to the State of Texas Gross Domestic Product (GDP) as reported for the private sector by the U.S. Bureau of Economic Analysis. Within each sector allocation, the Index will use market-capitalization weightings to represent the public companies headquartered in the State of Texas operating within the identified sector.
The Adviser believes that the Fund offers a cost-effective opportunity to invest directly in companies that benefit from the economic environment in Texas. The Fund seeks to invest in the Index components in approximately the same weighting that such components have within the Index at the applicable time. The Fund may purchase a sample of securities in its Index. There may also be instances in which the Adviser may choose to underweight or overweight a security in the Funds Index, purchase securities not in the Funds Index that the Adviser believes are appropriate to substitute for certain securities in such Index or utilize various combinations of other available investment techniques. The Fund may concentrate its investments (i.e., hold more than 25% of its assets) in a particular industry or group of industries to the extent that the Index is concentrated.
The degree to which components of the Index represent certain sectors or industries may change over time. INFORMATION ABOUT THE INDEX The Texas Capital Texas Equity Index is a diversified, float-adjusted sector and market-capitalization weighted index designed to reflect the performance of stocks in companies that are headquartered in Texas, as reflected in relevant federal and state regulatory filings. The Index will exclude companies whose market capitalization, float, trading volume, transferability restrictions or other impediments could diminish portfolio performance. As of March 31, 2026, the market capitalization of companies within the Index ranged from approximately $345 million to $1.416 trillion. The Index is the intellectual property of Texas Capital. The creation, construction and maintenance of the Index is provided by Syntax (Index Provider), a separate company with separate personnel that is unaffiliated with Texas Capital.
As of March 31, 2026, the key business sectors that are included in the Index include energy; industrials; consumer discretionary; and real estate. Construction of the Index starts with an initial universe of the publicly traded U.S. equity securities issuers that are headquartered in Texas and are listed on either the New York Stock Exchange, the Nasdaq Stock Market (each, an Eligible U.S. Exchange) or both, and that meet the following criteria: ? The listed entity files a US-entity SEC form (e.g., Form 10-K, Form 10-Q, Form S-1) and its most recent SEC filing designates the headquarters of the listed entity as Texas. ? The listed entitys financials as reported in its accounting statements are denominated in US Dollars (USD). ? The listed entity is a corporation, where a real estate investment trust (REIT) qualifies as a corporation.
? The listed shares are common stock. ? Trades of the listed shares are denominated in USD. ? Payments of the listed shares cash dividends are denominated in USD. The composition of Index is then further defined by the following parameters: Minimum Average Daily Trading Volume (ADTV) The issuer must have a minimum ADTV of $3 million over the trailing 90-day period. Minimum Market Capitalization The issuer must have a minimum market capitalization of $250 million. Market Capitalization is based on the total value of all of an issuers shares of stock. Minimum Free Float Market Capitalization The issuer also must have a minimum free float market capitalization of $250 million. The difference between market capitalization and free float market capitalization is that market capitalization considers the total number of an issuers outstanding shares while the free float market capitalization considers only those shares that are actually available to the general public for trading.
Weighting The weighting of issuers in the Index will be determined based on free float capitalization and will be neutral to sector weightings under the North American Industry Classification System (NAICS) (1) corresponding to the industry contributions to the State of Texas GDP as reported for the private sector by the U.S. Bureau of Economic Analysis. The minimum single security weight in the Index will be 0.05%. The maximum single security weight will be 10%. Reconstitution and Rebalancing The Index will be reconstituted and rebalanced quarterly, with index composition and related weight adjustments taken as necessary following extraordinary events (such as delisting, bankruptcy, mergers or takeovers of index components, stock splits, consolidations, or other corporate actions). (1) The NAICS is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S.
business economy. NAICS uses a production-oriented conceptual framework to group establishments into industries based on the activity in which they are primarily engaged. NAICS uses a six-digit hierarchical coding system to classify all economic activity into twenty industry sectors, five of which are primarily goods-producing sectors and fifteen are entirely services-providing sectors. As of March 31, 2026, the Index included 220 publicly listed, Texas-headquartered companies. It is designed to exclude companies whose market capitalization, float, trading volume, transferability restrictions or other impediments could diminish portfolio performance. The rules and methodologies of the Index are set forth in the Syntax Texas Capital Texas Equity Index Methodology.
TXS Holdings
Top 10 holdings of Texas Capital Texas Equity Index ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Crowdstrike Holdings, Inc. | 7.18% |
| Tesla, Inc. | 4.81% |
| Mckesson Corp. | 4.58% |
| Charles Schwab Corp. (the) | 4.49% |
| Digital Realty Trust, Inc. | 4.28% |
| Tenet Healthcare Corp. | 4.14% |
| Waste Management, Inc. | 3.46% |
| Gamestop Corp. | 2.72% |
| Cbre Group, Inc. | 2.65% |
| Cheniere Energy, Inc. | 2.40% |
TXS Portfolio Allocation
Asset-class allocation of Texas Capital Texas Equity Index ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 0.6% |
TXS Performance
Total returns for TXS (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 13.5% |
| 1 year | 16.7% |
| 3 years (annualised) | 18.2% |
TXS Risk Information
Risk metrics for TXS, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.0%
TXS Costs and Fees
TXS costs about $49 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.49%
- Gross expense ratio: 0.49%
- Portfolio turnover: 18%
- Brokerage commissions: 1.25 bps of average net assets (SEC N-CEN)
TXS Cashflows
Over the 12 months to 2026-06, Texas Capital Texas Equity Index ETF had net outflows of $1.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $784.03K |
| 2026-05 | $0 |
| 2026-04 | $0 |
| 2026-03 | −$705.87K |
| 2026-02 | $0 |
| 2026-01 | $0 |
TXS Debt Constituents
No individual debt constituents are reported in Texas Capital Texas Equity Index ETF's latest SEC N-PORT filing.
TXS Prospectus and SEC Filings
Official Texas Capital Texas Equity Index ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-11
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.