Texas 1
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
APA Apache Corporation | Energy | 6.67% |
CAT Caterpillar Inc. | Industrials | 6.67% |
CNP CenterPoint Energy, Inc. | Utilities | 6.67% |
COP ConocoPhillips Company | Energy | 6.67% |
GL Globe Life Inc. | Financial Services | 6.67% |
HAL Halliburton Company | Energy | 6.67% |
KMB Kimberly-Clark Corporation | Consumer Defensive | 6.67% |
LUV Southwest Airlines Co. | Industrials | 6.67% |
ORCL Oracle Corporation | Technology | 6.67% |
OXY Occidental Petroleum Corporation | Energy | 6.67% |
SCHW The Charles Schwab Corporation | Financial Services | 6.67% |
SLB Schlumberger Limited | Energy | 6.67% |
SYY Sysco Corporation | Consumer Defensive | 6.67% |
T AT&T Inc. | Communication Services | 6.67% |
XOM Exxon Mobil Corporation | Energy | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Texas 1, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.
The earliest data available for this chart is Dec 30, 1987, corresponding to the inception date of GL
Returns By Period
As of May 3, 2025, the Texas 1 returned -3.44% Year-To-Date and 8.81% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -3.31% | 5.38% | -0.74% | 10.90% | 14.93% | 10.61% |
| Texas 1 | -3.44% | -1.93% | -2.46% | 0.06% | 20.28% | 8.85% |
| Portfolio components: | ||||||
CAT Caterpillar Inc. | -10.00% | 6.39% | -14.00% | -2.30% | 27.29% | 17.09% |
XOM Exxon Mobil Corporation | -0.38% | -5.53% | -6.01% | -5.35% | 24.67% | 6.45% |
KMB Kimberly-Clark Corporation | 0.36% | -10.24% | -1.43% | -0.81% | 2.71% | 5.19% |
COP ConocoPhillips Company | -7.08% | -4.03% | -13.95% | -23.31% | 22.17% | 6.42% |
HAL Halliburton Company | -23.70% | -7.99% | -24.65% | -42.60% | 17.33% | -6.35% |
OXY Occidental Petroleum Corporation | -17.39% | -7.49% | -17.28% | -35.81% | 22.38% | -3.61% |
SLB Schlumberger Limited | -8.79% | -11.43% | -11.49% | -25.20% | 18.91% | -6.76% |
T AT&T Inc. | 24.13% | -2.44% | 27.78% | 72.45% | 12.21% | 8.56% |
CNP CenterPoint Energy, Inc. | 23.68% | 4.36% | 38.23% | 36.11% | 22.28% | 10.57% |
SYY Sysco Corporation | -6.21% | -5.54% | -4.42% | -3.49% | 8.44% | 9.84% |
GL Globe Life Inc. | 9.70% | -4.45% | 17.61% | 58.58% | 10.14% | 8.86% |
ORCL Oracle Corporation | -8.99% | 10.23% | -10.80% | 31.64% | 25.78% | 15.11% |
LUV Southwest Airlines Co. | -10.69% | 3.43% | -1.39% | 16.87% | 2.77% | -2.06% |
SCHW The Charles Schwab Corporation | 12.67% | 11.01% | 17.95% | 10.84% | 20.22% | 11.73% |
APA Apache Corporation | -26.77% | -5.69% | -26.77% | -41.17% | 8.87% | -11.12% |
Monthly Returns
The table below presents the monthly returns of Texas 1, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.75% | 2.57% | 0.87% | -9.54% | 2.40% | -3.44% | |||||||
| 2024 | -0.25% | 2.22% | 6.07% | -5.79% | 0.06% | 1.73% | 0.35% | 0.38% | 0.85% | -0.52% | 6.05% | -5.46% | 5.10% |
| 2023 | 2.88% | -6.23% | -3.04% | 0.76% | -6.34% | 8.88% | 6.05% | -0.58% | -2.46% | -3.68% | 3.83% | 2.19% | 1.02% |
| 2022 | 11.99% | 2.00% | 8.03% | -1.91% | 7.97% | -11.77% | 4.97% | 0.25% | -10.00% | 23.87% | 3.78% | -2.41% | 37.00% |
| 2021 | -0.30% | 17.10% | 3.16% | 2.61% | 3.67% | 0.32% | -4.74% | 0.80% | 2.67% | 6.70% | -6.17% | 4.84% | 33.00% |
| 2020 | -4.06% | -12.85% | -30.09% | 31.90% | -2.69% | 7.10% | 0.21% | 4.17% | -8.55% | -2.32% | 24.46% | 5.32% | -1.77% |
| 2019 | 11.52% | 1.49% | -0.23% | 0.72% | -10.06% | 6.62% | -0.30% | -6.53% | 6.44% | -1.67% | 3.58% | 4.93% | 15.62% |
| 2018 | 3.21% | -7.71% | 0.01% | 3.03% | 1.15% | -0.14% | 3.08% | -0.31% | 2.53% | -10.55% | 0.32% | -9.93% | -15.56% |
| 2017 | 0.72% | 0.66% | -1.11% | -0.85% | -0.46% | 0.57% | 1.45% | -3.80% | 6.62% | -0.84% | 3.63% | 4.75% | 11.47% |
| 2016 | -4.38% | 1.28% | 9.08% | 5.08% | 0.73% | 1.84% | -0.25% | -0.11% | 2.39% | -2.18% | 9.45% | 2.08% | 26.97% |
| 2015 | -3.95% | 2.52% | -1.82% | 5.09% | -2.77% | -2.48% | -2.22% | -3.20% | -4.44% | 10.37% | 1.11% | -4.91% | -7.53% |
| 2014 | -2.33% | 4.59% | 3.11% | 3.10% | 2.08% | 4.01% | -2.20% | 3.13% | -3.28% | -1.87% | -1.87% | 0.25% | 8.58% |
Expense Ratio
Texas 1 has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Texas 1 is 5, meaning it’s performing worse than 95% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
CAT Caterpillar Inc. | -0.05 | 0.14 | 1.02 | -0.05 | -0.14 |
XOM Exxon Mobil Corporation | -0.30 | -0.26 | 0.97 | -0.38 | -0.87 |
KMB Kimberly-Clark Corporation | -0.06 | 0.05 | 1.01 | -0.08 | -0.17 |
COP ConocoPhillips Company | -0.79 | -0.98 | 0.87 | -0.70 | -1.66 |
HAL Halliburton Company | -1.14 | -1.68 | 0.78 | -0.64 | -1.80 |
OXY Occidental Petroleum Corporation | -1.16 | -1.64 | 0.78 | -0.74 | -1.79 |
SLB Schlumberger Limited | -0.71 | -0.87 | 0.89 | -0.39 | -1.62 |
T AT&T Inc. | 3.17 | 3.78 | 1.56 | 3.56 | 25.56 |
CNP CenterPoint Energy, Inc. | 1.83 | 2.32 | 1.33 | 2.00 | 6.23 |
SYY Sysco Corporation | -0.10 | 0.01 | 1.00 | -0.12 | -0.31 |
GL Globe Life Inc. | 2.07 | 2.63 | 1.36 | 1.56 | 13.00 |
ORCL Oracle Corporation | 0.81 | 1.37 | 1.19 | 0.95 | 2.71 |
LUV Southwest Airlines Co. | 0.44 | 0.87 | 1.12 | 0.29 | 1.83 |
SCHW The Charles Schwab Corporation | 0.46 | 0.83 | 1.12 | 0.43 | 1.27 |
APA Apache Corporation | -0.91 | -1.21 | 0.83 | -0.52 | -1.74 |
Dividends
Dividend yield
Texas 1 provided a 2.77% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 2.77% | 2.55% | 2.61% | 2.19% | 2.38% | 3.35% | 3.33% | 3.35% | 2.53% | 2.50% | 3.15% | 2.44% |
| Portfolio components: | ||||||||||||
CAT Caterpillar Inc. | 1.74% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% | 2.84% |
XOM Exxon Mobil Corporation | 3.65% | 3.57% | 3.68% | 3.22% | 5.70% | 8.44% | 4.92% | 4.74% | 3.66% | 3.30% | 3.69% | 2.92% |
KMB Kimberly-Clark Corporation | 3.77% | 3.72% | 3.88% | 3.42% | 3.19% | 3.17% | 3.00% | 3.51% | 3.22% | 3.22% | 2.77% | 0.73% |
COP ConocoPhillips Company | 2.98% | 2.54% | 3.37% | 4.20% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% | 4.11% |
HAL Halliburton Company | 3.30% | 2.50% | 1.77% | 1.22% | 0.79% | 1.67% | 2.94% | 2.71% | 1.47% | 1.33% | 2.12% | 1.60% |
OXY Occidental Petroleum Corporation | 2.22% | 1.78% | 1.21% | 0.83% | 0.14% | 4.74% | 7.62% | 5.05% | 4.15% | 4.24% | 4.39% | 3.46% |
SLB Schlumberger Limited | 3.20% | 2.87% | 1.92% | 1.22% | 1.67% | 4.01% | 4.98% | 5.54% | 2.97% | 2.38% | 2.87% | 1.87% |
T AT&T Inc. | 4.03% | 4.88% | 6.63% | 7.35% | 11.19% | 9.58% | 6.91% | 9.28% | 6.67% | 5.98% | 7.23% | 7.25% |
CNP CenterPoint Energy, Inc. | 2.13% | 2.55% | 2.70% | 2.33% | 2.33% | 3.42% | 4.22% | 3.94% | 3.78% | 4.19% | 5.40% | 4.06% |
SYY Sysco Corporation | 2.88% | 2.64% | 2.71% | 2.51% | 2.34% | 2.42% | 1.82% | 2.30% | 2.17% | 2.24% | 2.20% | 2.95% |
GL Globe Life Inc. | 0.81% | 0.85% | 0.73% | 0.68% | 0.83% | 0.78% | 0.65% | 0.85% | 0.65% | 0.75% | 0.71% | 0.94% |
ORCL Oracle Corporation | 1.13% | 0.96% | 1.44% | 1.57% | 1.38% | 1.48% | 1.72% | 1.68% | 1.52% | 1.56% | 1.56% | 1.07% |
LUV Southwest Airlines Co. | 2.41% | 2.14% | 3.12% | 0.00% | 0.00% | 0.39% | 1.30% | 1.30% | 0.73% | 0.75% | 0.66% | 0.52% |
SCHW The Charles Schwab Corporation | 1.23% | 1.35% | 1.45% | 1.01% | 0.86% | 1.36% | 1.43% | 1.11% | 0.62% | 0.68% | 0.73% | 0.79% |
APA Apache Corporation | 6.08% | 4.33% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% | 1.52% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Texas 1. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Texas 1 was 54.50%, occurring on Mar 23, 2020. Recovery took 206 trading sessions.
The current Texas 1 drawdown is 8.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.5% | Jan 23, 2018 | 545 | Mar 23, 2020 | 206 | Jan 14, 2021 | 751 |
| -51.2% | May 20, 2008 | 202 | Mar 9, 2009 | 439 | Dec 2, 2010 | 641 |
| -41.03% | Dec 29, 2000 | 389 | Jul 23, 2002 | 376 | Jan 20, 2004 | 765 |
| -25.19% | May 2, 2011 | 108 | Oct 3, 2011 | 325 | Jan 18, 2013 | 433 |
| -24.43% | Mar 25, 1998 | 111 | Aug 31, 1998 | 80 | Dec 23, 1998 | 191 |
Volatility
Volatility Chart
The current Texas 1 volatility is 15.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 15 assets, with an effective number of assets of 15.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.
Asset Correlations Table
| ^GSPC | KMB | LUV | CNP | ORCL | SYY | T | SCHW | GL | APA | CAT | OXY | HAL | COP | SLB | XOM | Portfolio | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ^GSPC | 1.00 | 0.41 | 0.46 | 0.41 | 0.55 | 0.47 | 0.49 | 0.58 | 0.58 | 0.38 | 0.58 | 0.43 | 0.43 | 0.45 | 0.46 | 0.53 | 0.78 |
| KMB | 0.41 | 1.00 | 0.20 | 0.28 | 0.22 | 0.32 | 0.31 | 0.22 | 0.29 | 0.13 | 0.26 | 0.16 | 0.16 | 0.18 | 0.17 | 0.25 | 0.39 |
| LUV | 0.46 | 0.20 | 1.00 | 0.21 | 0.26 | 0.29 | 0.26 | 0.36 | 0.35 | 0.17 | 0.34 | 0.19 | 0.19 | 0.18 | 0.19 | 0.20 | 0.47 |
| CNP | 0.41 | 0.28 | 0.21 | 1.00 | 0.20 | 0.29 | 0.31 | 0.23 | 0.31 | 0.23 | 0.27 | 0.26 | 0.23 | 0.26 | 0.24 | 0.31 | 0.44 |
| ORCL | 0.55 | 0.22 | 0.26 | 0.20 | 1.00 | 0.24 | 0.26 | 0.36 | 0.30 | 0.19 | 0.32 | 0.22 | 0.22 | 0.21 | 0.25 | 0.25 | 0.50 |
| SYY | 0.47 | 0.32 | 0.29 | 0.29 | 0.24 | 1.00 | 0.31 | 0.29 | 0.35 | 0.20 | 0.30 | 0.23 | 0.23 | 0.24 | 0.24 | 0.30 | 0.47 |
| T | 0.49 | 0.31 | 0.26 | 0.31 | 0.26 | 0.31 | 1.00 | 0.29 | 0.35 | 0.19 | 0.30 | 0.24 | 0.21 | 0.25 | 0.24 | 0.34 | 0.47 |
| SCHW | 0.58 | 0.22 | 0.36 | 0.23 | 0.36 | 0.29 | 0.29 | 1.00 | 0.43 | 0.27 | 0.40 | 0.27 | 0.28 | 0.28 | 0.30 | 0.30 | 0.59 |
| GL | 0.58 | 0.29 | 0.35 | 0.31 | 0.30 | 0.35 | 0.35 | 0.43 | 1.00 | 0.25 | 0.41 | 0.30 | 0.30 | 0.31 | 0.31 | 0.36 | 0.57 |
| APA | 0.38 | 0.13 | 0.17 | 0.23 | 0.19 | 0.20 | 0.19 | 0.27 | 0.25 | 1.00 | 0.35 | 0.59 | 0.57 | 0.59 | 0.59 | 0.52 | 0.66 |
| CAT | 0.58 | 0.26 | 0.34 | 0.27 | 0.32 | 0.30 | 0.30 | 0.40 | 0.41 | 0.35 | 1.00 | 0.39 | 0.38 | 0.38 | 0.39 | 0.41 | 0.63 |
| OXY | 0.43 | 0.16 | 0.19 | 0.26 | 0.22 | 0.23 | 0.24 | 0.27 | 0.30 | 0.59 | 0.39 | 1.00 | 0.55 | 0.61 | 0.57 | 0.59 | 0.67 |
| HAL | 0.43 | 0.16 | 0.19 | 0.23 | 0.22 | 0.23 | 0.21 | 0.28 | 0.30 | 0.57 | 0.38 | 0.55 | 1.00 | 0.57 | 0.75 | 0.54 | 0.70 |
| COP | 0.45 | 0.18 | 0.18 | 0.26 | 0.21 | 0.24 | 0.25 | 0.28 | 0.31 | 0.59 | 0.38 | 0.61 | 0.57 | 1.00 | 0.59 | 0.64 | 0.68 |
| SLB | 0.46 | 0.17 | 0.19 | 0.24 | 0.25 | 0.24 | 0.24 | 0.30 | 0.31 | 0.59 | 0.39 | 0.57 | 0.75 | 0.59 | 1.00 | 0.58 | 0.71 |
| XOM | 0.53 | 0.25 | 0.20 | 0.31 | 0.25 | 0.30 | 0.34 | 0.30 | 0.36 | 0.52 | 0.41 | 0.59 | 0.54 | 0.64 | 0.58 | 1.00 | 0.69 |
| Portfolio | 0.78 | 0.39 | 0.47 | 0.44 | 0.50 | 0.47 | 0.47 | 0.59 | 0.57 | 0.66 | 0.63 | 0.67 | 0.70 | 0.68 | 0.71 | 0.69 | 1.00 |