LGDX vs. TEXN

Last updated Jun 24, 2026

LGDX (Intech S&P Large Cap Diversified Alpha ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds. LGDX is actively managed, while TEXN is passively managed. Over the past year, LGDX returned 18.68% vs 30.05% for TEXN. A 0.55 correlation means they provide meaningful diversification when combined. LGDX charges 0.25%/yr vs 0.20%/yr for TEXN.

Performance

LGDX vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intech S&P Large Cap Diversified Alpha ETF (LGDX) 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, LGDX achieves a 6.86% return, which is significantly lower than TEXN's 20.05% return.

LGDX

• 1D: -0.98%
• 1M: -1.26%
• YTD: 6.86%
• 6M: 5.87%
• 1Y: 18.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TEXN

• 1D: -1.33%
• 1M: -2.29%
• YTD: 20.05%
• 6M: 18.60%
• 1Y: 30.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LGDX vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
LGDX Intech S&P Large Cap Diversified Alpha ETF	6.86%	11.06%
TEXN iShares Texas Equity ETF	20.05%	8.33%

Correlation

The correlation between LGDX and TEXN is 0.55, 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 24, 2025	0.55

LGDX vs. TEXN - Sectors Allocation Comparison

Sectors	LGDX	TEXN
Technology	37.3%	20.6%
Communication Services	11.2%	3.3%
Consumer Cyclical	10.3%	11.6%
Financial Services	10.1%	3.9%
Healthcare	8.8%	2.7%
Industrials	8.3%	16.3%
Consumer Defensive	3.9%	2.1%
Real Estate	2.9%	3.9%
Utilities	2.8%	2.7%
Energy	2.7%	32.3%
Basic Materials	1.8%	0.7%

Return for Risk

LGDX vs. TEXN — Risk / Return Rank

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

LGDX

LGDX Risk / Return Rank: 47
LGDX Sharpe Ratio Rank: 45
LGDX Sortino Ratio Rank: 44
LGDX Omega Ratio Rank: 43
LGDX Calmar Ratio Rank: 46
LGDX Martin Ratio Rank: 56

TEXN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

LGDX vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intech S&P Large Cap Diversified Alpha ETF (LGDX) 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.

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.

	LGDX	TEXN	Difference
Sharpe ratio: Return per unit of total volatility	1.45	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	2.09	—	—
Martin ratio: Return relative to average drawdown	8.94	—	—

Drawdowns

LGDX vs. TEXN - Drawdown Comparison

The maximum LGDX drawdown since its inception was -15.79%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for LGDX and TEXN.

Drawdown Indicators

	LGDX	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-15.79%	-6.34%	-9.45%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	-6.34%	-2.62%
Current Drawdown Current decline from peak	-3.24%	-4.90%	+1.66%
Average Drawdown Average peak-to-trough decline	-2.04%	-1.24%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	—	—

Volatility

Volatility by Period

	LGDX	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.02%	14.50%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.35%	14.50%	+3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	14.50%	+3.85%

LGDX vs. TEXN - Expense Ratio Comparison

LGDX has a 0.25% expense ratio, which is higher than TEXN's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LGDX vs. TEXN - Dividend Comparison

LGDX's dividend yield for the trailing twelve months is around 0.49%, less than TEXN's 1.40% yield.

Position	TTM	2025
LGDX Intech S&P Large Cap Diversified Alpha ETF	0.49%	0.52%
TEXN iShares Texas Equity ETF	1.40%	0.86%

Frequently Asked Questions

Can I hold both LGDX and TEXN in my portfolio?

LGDX and TEXN have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LGDX or TEXN?

On 1-year performance, TEXN leads with 30.05% vs 18.68% for LGDX. On fees, TEXN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LGDX or TEXN?

Over the 1-year period, TEXN has performed better with a 30.05% return vs 18.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LGDX or TEXN?

TEXN is cheaper with a 0.20% expense ratio, compared with 0.25% for LGDX.

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

TEXN has the higher dividend yield at 1.40%, compared with 0.49% for LGDX.

What is the main difference between LGDX and TEXN?

They also come from different issuers: Intech and iShares. Their fees differ too: 0.25% for LGDX and 0.20% for TEXN.