Texas Capital Texas Equity Index ETF
TXS
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2000 McKinney Avenue Dallas TX United States of America 75201
- IPO Date
- Jul 13, 2023
- Website
- texascapitalbank.com
- Similar Companies
- Business
- Texas Capital Texas Equity Index ETF (TXS) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Texas Capital Texas Equity Index, a rules-based, quantitative index comprised of publicly listed companies headquartered in the state of Texas. The fund offers investors exposure to a diversified portfolio of Texas-headquartered companies across sectors including consumer cyclical, energy, industrials, real estate, healthcare, technology, financial services, and communication services; top holdings as of December 15, 2025, include Tesla Inc. (6.18%), CrowdStrike Holdings-A (5.48%), McKesson Corp. (4.85%), Tenet Healthcare (4.78%), and Charles Schwab (4.11%), with sector weights determined by GDP-based allocations and market capitalization. TXS invests in growth and value stocks of companies across diversified market capitalizations, enabling cost-effective access to firms benefiting from Texas's favorable economic, regulatory, taxation, workforce, and business climate advantages. Launched on July 12, 2023, and listed on NYSE Arca, TXS is issued by Texas Capital Funds Trust, a Delaware statutory trust formed in 2023 and registered under the Investment Company Act of 1940, with Texas Capital Bank Wealth Management Services, Inc. d/b/a Texas Capital Bank Private Wealth Advisors serving as investment adviser; the adviser, a wholly owned subsidiary of Texas Capital Bancshares, Inc., is headquartered at 2000 McKinney Avenue, Suite 1800, Dallas, Texas 75201. The portfolio is managed by Carlos Pena, Vice President and portfolio manager who joined Texas Capital in August 2023, supported by administrator Ultimus Fund Solutions, LLC and distributor Northern Lights Distributors, LLC. The fund targets investors seeking core holdings in one of the world's largest economies by GDP, with assets under management of approximately $32 million and a net expense ratio of 0.49% as of recent data. In recent developments, Texas Capital expanded its ETF portfolio in late 2024 with the launch of two new innovative offerings following the momentum of TXS, reinforcing its focus on Texas-themed investment products. The Texas Capital Funds Trust board approved the liquidation of the Texas Capital Texas Small Cap Equity Index ETF, effective December 8, 2025, streamlining the product lineup amid ongoing portfolio management adjustments. These changes align with Texas Capital Bancshares' broader transformation efforts, including improved return on average assets as announced in October 2025.