- ISIN
- US46438G3314
- CUSIP
- 46438G331
- Issuer
- iShares
- Inception Date
- Jun 23, 2025
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Russell Texas Equity Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $16M
Highlights
- Avg. Volume (1M)
- 2K
- Avg. Volume Value (1M)
- $59.93K
Share Price Chart
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Performance
TEXN Performance Chart
iShares Texas Equity ETF (TEXN) is up 18.1% since the beginning of the year. TEXN is currently trading at $32 per share.
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Returns By Period
iShares Texas Equity ETF (TEXN) has returned 18.06% so far this year and 26.88% over the past 12 months.
iShares Texas Equity ETF
- 1D
- 0.65%
- 1M
- 0.01%
- 6M
- 10.53%
- YTD
- 18.06%
- 1Y
- 26.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 25.05%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
TEXN Monthly Returns History
Based on dividend-adjusted daily data since Jun 24, 2025, TEXN's average daily return is +0.09%, while the average monthly return is +1.82%. At this rate, an investment would double in approximately 3.2 years.
Historically, 71% of months were positive and 29% were negative. The best month was Jan 2026 with a return of +6.8%, while the worst month was Jul 2026 at -2.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.
On a daily basis, TEXN closed higher 55% of trading days. The best single day was Sep 10, 2025 with a return of +4.0%, while the worst single day was Jun 5, 2026 at -3.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.81% | 4.54% | 0.90% | 5.62% | 3.83% | -2.19% | -2.31% | 18.06% | |||||
| 2025 | -0.18% | 2.57% | 1.85% | 5.94% | 0.00% | -2.04% | 0.10% | 8.33% |
Benchmark Metrics
iShares Texas Equity ETF has an annualized alpha of 8.20%, beta of 0.76, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since June 24, 2025.
- This ETF captured 78.43% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -13.39%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.42 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 8.20%
- Beta
- 0.76
- R²
- 0.42
- Upside Capture
- 78.43%
- Downside Capture
- -13.39%
Expense Ratio
TEXN has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
TEXN ranks 75 for risk / return — above 75% of ETFs peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for iShares Texas Equity ETF (TEXN) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TEXN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 2.00 | +0.84 |
| Martin ratioReturn relative to average drawdown | 9.79 | 8.49 | +1.30 |
Dividends
Dividend History
iShares Texas Equity ETF provided a 1.43% dividend yield over the last twelve months, with an annual payout of $0.45 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.45 | $0.23 |
Dividend yield | 1.43% | 0.86% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Texas Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.22 | |||||
| 2025 | $0.11 | $0.00 | $0.00 | $0.13 | $0.23 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Texas Equity ETF. 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 iShares Texas Equity ETF was 8.81%, occurring on Jul 29, 2026. The portfolio has not yet recovered.
The current iShares Texas Equity ETF drawdown is 6.47%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-8.81%Jul 2026 | 1mo 26d | — | 2mo 1dJun 2026 - now | — |
-6.34%Nov 2025 | 1mo 26d | 1mo 16d | 3mo 12dSep 2025 - Jan 2026 | — |
-2.99%Aug 2025 | 2d | 21d | 23dJul 2025 - Aug 2025 | — |
-2.76%Mar 2026 | 7d | 14d | 21dMar 2026 - Mar 2026 | — |
-2.50%Sep 2025 | 5d | 7d | 12dAug 2025 - Sep 2025 | — |
Drawdown Indicators
| TEXN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.81% | -56.78% | +47.97% |
Max Drawdown (1Y)Largest decline over 1 year | -8.81% | -9.10% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -6.47% | -1.58% | -4.89% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -10.70% | +9.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.14% | +0.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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