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 13.58% year-to-date (YTD) with +$2M in YTD flows. MKTN performs worse with 3.48% YTD performance, and +$82M 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 07/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TXS MKTN | +1.71%+3.35% | +3.07%+4.37% | +13.58%+3.48% | +15.78%n/a | +63.12%n/a | n/an/a |
| Flows | TXS MKTN | +$829K+$4M | +$2M+$20M | +$2M+$82M | -$149K- | +$13M- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TXS MKTN | +9.12%+6.13% | +11.70%n/a | +15.71%n/a | n/an/a |
| Max drawdown | TXS MKTN | -2.46%-2.19% | -6.58%n/a | -19.66%n/a | n/an/a |
| Max drawdown duration | TXS MKTN | 27d30d | 78dn/a | 217dn/a | n/an/a |
Trading data
TXS | MKTN | |
Last sale 7/23/2026 at 1:30 PM | $40.17 | $26.77 |
| Previous close 07/23/2026 | $40.55 | $26.57 |
| Consolidated volume 07/23/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 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 | ||
| Worst | ||
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Main metrics
Last update 7/23/2026 at 1:30 PM
Live
Closed
TXS | MKTN | |
|---|---|---|
| Last price | $40.17 | $26.77 |
| 1D performance | -0.94% | +0.75% |
| AuM | $37.14 M | $113.10 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 | 230 | 219 |
| 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
98.02%
Other
1.98%
MKTN
USA
87.71%
Other
12.29%
Sectors
TXS
Finance
21.1%
Energy
13.93%
Healthcare
12.17%
Consumer Cyclical.
12.08%
Technology
11.4%
Industrials
9.93%
Other
19.39%
MKTN
Technology
23.45%
Finance
17.66%
Healthcare
14.86%
Industrials
12.2%
Consumer Cyclical.
7.46%
Other
24.38%
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Diversification
TXS
Total weight of top 15 holdings out of 15
51.09%
MKTN
Total weight of top 15 holdings out of 15
31.89%
Top 15 holdings
Data as of June 30, 2026
TXS
CrowdStrike Holdings, Inc.
7.18%
Tesla, Inc.
4.81%
McKesson Corp.
4.58%
The Charles Schwab Corp.
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%
Quanta Services, Inc.
2.30%
Crown Castle, Inc.
2.24%
Sysco Corp.
2.02%
US30233Q1085
1.94%
Brinker International, Inc.
1.86%
MKTN
Viking Holdings Ltd. (Bermuda)
2.95%
GE Vernova, Inc.
2.89%
The Travelers Cos., Inc.
2.86%
AbbVie, Inc.
2.44%
Advance Auto Parts, Inc.
2.29%
Fiserv, Inc.
2.27%
GE Aerospace
2.18%
CrowdStrike Holdings, Inc.
2.11%
The Bank of New York Mellon Corp.
1.90%
Five Below, Inc.
1.90%
Intuit, Inc.
1.85%
State Street Corp.
1.67%
Moderna, Inc.
1.63%
Enphase Energy, Inc.
1.52%
lululemon athletica, Inc.
1.45%
Frequently asked questions about TXS and MKTN
How have the TXS and MKTN ETFs performed in 2026?
As of July 23, 2026, TXS is up 13.58% year-to-date (YTD), while MKTN has returned 3.48%. 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 +$82M for MKTN.
Which ETF is bigger: TXS or MKTN?
As of July 23, 2026, TXS holds $37.14 M in assets under management (AUM), while MKTN manages $113.10 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., Tesla, Inc. and McKesson Corp.. MKTN holds in its top three: Viking Holdings Ltd. (Bermuda), GE Vernova, Inc. and The Travelers Cos., Inc..
Which ETF is more diversified: TXS or MKTN?
TXS holds 231 securities with 51.09% of its assets in the top 15. MKTN has 219 securities and a top 15 weight of 31.89%.
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