GUSA vs. TEXN

Last updated Jun 5, 2026

GUSA (Goldman Sachs MarketBeta U.S. 1000 Equity ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - GUSA tracks the Solactive GBS United States 1000 Index - Benchmark TR Gross while TEXN tracks the Russell Texas Equity Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. GUSA charges 0.11%/yr vs 0.20%/yr for TEXN.

Performance

GUSA vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) and iShares Texas Equity ETF (TEXN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GUSA achieves a 11.29% return, which is significantly lower than TEXN's 26.15% return.

GUSA

• 1D: 0.40%
• 1M: 4.73%
• YTD: 11.29%
• 6M: 11.21%
• 1Y: 28.15%
• 3Y*: 22.50%
• 5Y*: —
• 10Y*: —

TEXN

• 1D: 0.17%
• 1M: 4.62%
• YTD: 26.15%
• 6M: 23.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GUSA vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	11.29%	12.65%
TEXN iShares Texas Equity ETF	26.15%	8.16%

Correlation

The correlation between GUSA and TEXN is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 25, 2025	0.60

GUSA vs. TEXN - Sectors Allocation Comparison

Sectors	GUSA	TEXN
Technology	34.0%	15.5%
Financial Services	11.6%	4.1%
Communication Services	11.1%	3.6%
Consumer Cyclical	10.3%	10.8%
Industrials	9.4%	16.9%
Healthcare	8.8%	2.9%
Consumer Defensive	4.7%	2.1%
Energy	3.6%	36.1%
Utilities	2.3%	2.9%
Real Estate	2.2%	4.2%
Basic Materials	2.0%	0.8%

Return for Risk

GUSA vs. TEXN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GUSA

GUSA Risk / Return Rank: 71
GUSA Sharpe Ratio Rank: 72
GUSA Sortino Ratio Rank: 71
GUSA Omega Ratio Rank: 71
GUSA Calmar Ratio Rank: 64
GUSA Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GUSA vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) and iShares Texas Equity ETF (TEXN). 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.

	GUSA	TEXN	Difference
Sharpe ratio: Return per unit of total volatility	2.32	—	—
Sortino ratio: Return per unit of downside risk	3.17	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.14	—	—
Martin ratio: Return relative to average drawdown	14.45	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GUSA	TEXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	2.76	-1.87

Drawdowns

GUSA vs. TEXN - Drawdown Comparison

The maximum GUSA drawdown since its inception was -19.61%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for GUSA and TEXN.

Drawdown Indicators

	GUSA	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-19.61%	-6.34%	-13.27%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.61%	—	—
Current Drawdown Current decline from peak	-0.22%	-0.07%	-0.15%
Average Drawdown Average peak-to-trough decline	-4.38%	-1.12%	-3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	—	—

Volatility

Volatility by Period

	GUSA	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.20%	14.16%	-1.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.26%	14.16%	+3.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.26%	14.16%	+3.10%

GUSA vs. TEXN - Expense Ratio Comparison

GUSA has a 0.11% expense ratio, which is lower than TEXN's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GUSA vs. TEXN - Dividend Comparison

GUSA's dividend yield for the trailing twelve months is around 0.96%, less than TEXN's 1.01% yield.

Position	TTM	2025	2024	2023	2022
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	0.96%	0.99%	1.16%	1.36%	1.00%
TEXN iShares Texas Equity ETF	1.01%	0.86%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GUSA and TEXN in my portfolio?

GUSA and TEXN have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GUSA or TEXN?

On fees, GUSA is cheaper at 0.11% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GUSA or TEXN?

GUSA is cheaper with a 0.11% expense ratio, compared with 0.20% for TEXN.

Which ETF pays a higher dividend yield, GUSA or TEXN?

TEXN has the higher dividend yield at 1.01%, compared with 0.96% for GUSA.

What is the main difference between GUSA and TEXN?

GUSA tracks Solactive GBS United States 1000 Index - Benchmark TR Gross, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.11% for GUSA and 0.20% for TEXN.