TXSvsMKTNETF Comparison
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Texas Capital Texas Equity Index ETF (TXS) belongs to the US Multi-Factor segment. Federated Hermes MDT Market Neutral ETF (MKTN) is part of the Alternatives segment. TXS's top 3 sector exposures are Finance, Energy and Healthcare. In contrast, MKTN's top sector exposures are Technology, Finance and Healthcare. TXS is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 2.27% for MKTN. TXS is up 19.72% year-to-date (YTD) with +$2M in YTD flows. MKTN performs worse with 8.08% YTD performance, and +$92M in YTD flows. Run a side-by-side ETF comparison of TXS and MKTN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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TXS vs MKTN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/07/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TXS MKTN | +1.44%+1.54% | +7.45%+7.73% | +19.72%+8.08% | +21.37%n/a | +76.10%n/a | n/an/a |
| Flows | TXS MKTN | +$850K+$5M | +$3M+$25M | +$2M+$92M | +$696K- | +$12M- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TXS MKTN | +8.98%+6.83% | +11.59%n/a | +15.68%n/a | n/an/a |
| Max drawdown | TXS MKTN | -1.90%-1.80% | -6.58%n/a | -19.66%n/a | n/an/a |
| Max drawdown duration | TXS MKTN | 22d14d | 78dn/a | 217dn/a | n/an/a |
Trading data
TXS | MKTN | |
Last sale 9/8/2026 at 1:30 PM | $42.18 | $27.63 |
| Previous close 09/04/2026 | $42.38 | $27.75 |
| Consolidated volume 09/04/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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MKTN
is actively managed and doesn’t replicate an indexTXS | MKTN | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
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Main metrics
Last update 9/8/2026 at 1:30 PM
Live
Closed
TXS | MKTN | |
|---|---|---|
| Last price | $42.18 | $27.63 |
| 1D performance | -0.47% | -0.42% |
| AuM | $39.99 M | $128.11 M |
| E/R | 0.49% | 2.27% |
Characteristics
TXS | MKTN | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Texas Capital | Federated Investment Management |
| Benchmark | Texas Capital Texas Equity Index | - |
| N° of holdings | 229 | 213 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 12, 2023 | September 24, 2025 |
| ESG | No | No |
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Exposure
Countries
TXS
USA
100%
Other
0%
MKTN
USA
85.3%
Other
14.7%
Sectors
TXS
Finance
21.56%
Energy
17.04%
Healthcare
14.21%
Technology
10.61%
Consumer Cyclical.
10.53%
Industrials
8.51%
Other
17.54%
MKTN
Technology
24.82%
Finance
18.06%
Healthcare
13.77%
Industrials
9.75%
Consumer Cyclical.
7.03%
Other
26.57%
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Diversification
TXS
Total weight of top 15 holdings out of 15
52.62%
MKTN
Total weight of top 15 holdings out of 15
31.94%
Top 15 holdings
Data as of July 31, 2026
TXS
CrowdStrike Holdings, Inc.
6.96%
Tenet Healthcare Corp.
5.50%
McKesson Corp.
5.07%
The Charles Schwab Corp.
5.01%
Digital Realty Trust, Inc.
4.39%
Tesla, Inc.
3.48%
Waste Management, Inc.
3.43%
CBRE Group, Inc.
2.82%
GameStop Corp.
2.62%
Cheniere Energy, Inc.
2.58%
Brinker International, Inc.
2.31%
Crown Castle, Inc.
2.21%
ExxonMobil Holdings Corp.
2.15%
Quanta Services, Inc.
2.08%
Sysco Corp.
2.01%
MKTN
The Travelers Cos., Inc.
2.81%
Fiserv, Inc.
2.67%
Viking Holdings Ltd. (Bermuda)
2.51%
Intuit, Inc.
2.45%
AbbVie, Inc.
2.31%
GE Vernova, Inc.
2.17%
Five Below, Inc.
2.16%
CrowdStrike Holdings, Inc.
2.13%
GE Aerospace
1.98%
Advance Auto Parts, Inc.
1.96%
The Bank of New York Mellon Corp.
1.94%
Accenture Plc
1.75%
Netflix, Inc.
1.75%
State Street Corp.
1.72%
Regeneron Pharmaceuticals, Inc.
1.63%
Frequently asked questions about TXS and MKTN
How have the TXS and MKTN ETFs performed in 2026?
As of September 7, 2026, TXS is up 19.72% year-to-date (YTD), while MKTN has returned 8.08%. That puts TXS better performer ahead so far this year.
Which ETF is attracting more investor money: TXS or MKTN?
Year-to-date, the TXS ETF saw +$2M in flows, compared to +$92M for MKTN.
Which ETF is bigger: TXS or MKTN?
As of September 7, 2026, TXS holds $39.99 M in assets under management (AUM), while MKTN manages $128.11 M.
What sectors do the TXS and MKTN ETFs invest in?
TXS leans toward sectors like Finance, Energy and Healthcare. Meanwhile, MKTN focuses on Technology, Finance and Healthcare.
What are the top holdings of the TXS ETF and MKTN ETF?
TXS top holdings include CrowdStrike Holdings, Inc., Tenet Healthcare Corp. and McKesson Corp.. MKTN holds in its top three: The Travelers Cos., Inc., Fiserv, Inc. and Viking Holdings Ltd. (Bermuda).
Which ETF is more diversified: TXS or MKTN?
TXS holds 229 securities with 52.62% of its assets in the top 15. MKTN has 213 securities and a top 15 weight of 31.94%.
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