HDUS vs. TEXN

Last updated Jun 4, 2026

HDUS (Hartford Disciplined US Equity ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - HDUS tracks the Hartford Disciplined US Equity Index while TEXN tracks the Russell Texas Equity Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. HDUS charges 0.19%/yr vs 0.20%/yr for TEXN.

Performance

HDUS vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Disciplined US Equity ETF (HDUS) 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, HDUS achieves a 10.84% return, which is significantly lower than TEXN's 25.94% return.

HDUS

• 1D: -0.74%
• 1M: 4.44%
• YTD: 10.84%
• 6M: 10.51%
• 1Y: 26.49%
• 3Y*: 21.13%
• 5Y*: —
• 10Y*: —

TEXN

• 1D: -0.24%
• 1M: 5.35%
• YTD: 25.94%
• 6M: 24.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HDUS vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
HDUS Hartford Disciplined US Equity ETF	10.84%	12.16%
TEXN iShares Texas Equity ETF	25.94%	8.16%

Correlation

The correlation between HDUS 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

HDUS vs. TEXN - Sectors Allocation Comparison

Sectors	HDUS	TEXN
Technology	35.1%	15.5%
Financial Services	12.2%	4.1%
Communication Services	11.4%	3.6%
Consumer Cyclical	10.2%	10.8%
Industrials	7.0%	16.9%
Healthcare	6.5%	2.9%
Consumer Defensive	5.6%	2.1%
Real Estate	5.0%	4.2%
Energy	3.2%	36.1%
Utilities	2.3%	2.9%
Basic Materials	1.3%	0.8%

Return for Risk

HDUS vs. TEXN — Risk / Return Rank

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

HDUS

HDUS Risk / Return Rank: 76
HDUS Sharpe Ratio Rank: 76
HDUS Sortino Ratio Rank: 76
HDUS Omega Ratio Rank: 75
HDUS Calmar Ratio Rank: 72
HDUS Martin Ratio Rank: 84

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.

HDUS vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Disciplined US Equity ETF (HDUS) 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.

	HDUS	TEXN	Difference
Sharpe ratio: Return per unit of total volatility	2.43	—	—
Sortino ratio: Return per unit of downside risk	3.36	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	3.56	—	—
Martin ratio: Return relative to average drawdown	17.05	—	—
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

	HDUS	TEXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	2.75	-1.33

Drawdowns

HDUS vs. TEXN - Drawdown Comparison

The maximum HDUS drawdown since its inception was -17.94%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for HDUS and TEXN.

Drawdown Indicators

	HDUS	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-17.94%	-6.34%	-11.60%
Max Drawdown (1Y) Largest decline over 1 year	-7.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.94%	—	—
Current Drawdown Current decline from peak	-0.83%	-0.24%	-0.59%
Average Drawdown Average peak-to-trough decline	-2.03%	-1.12%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	—	—

Volatility

Volatility by Period

	HDUS	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	14.19%	-3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	14.19%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	14.19%	-0.04%

HDUS vs. TEXN - Expense Ratio Comparison

HDUS has a 0.19% 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

HDUS vs. TEXN - Dividend Comparison

HDUS's dividend yield for the trailing twelve months is around 1.32%, more than TEXN's 1.01% yield.

Position	TTM	2025	2024	2023	2022
HDUS Hartford Disciplined US Equity ETF	1.32%	1.45%	1.58%	1.36%	0.33%
TEXN iShares Texas Equity ETF	1.01%	0.86%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HDUS and TEXN in my portfolio?

HDUS 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, HDUS or TEXN?

On fees, HDUS is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HDUS or TEXN?

HDUS is cheaper with a 0.19% expense ratio, compared with 0.20% for TEXN.

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

HDUS has the higher dividend yield at 1.32%, compared with 1.01% for TEXN.

What is the main difference between HDUS and TEXN?

HDUS tracks Hartford Disciplined US Equity Index, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: Hartford and iShares. Their fees differ too: 0.19% for HDUS and 0.20% for TEXN.