LGH vs. TEXN
LGH (HCM Defender 500 Index ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - LGH tracks the HCM Defender 500 Index while TEXN tracks the Russell Texas Equity Index. Both are passively managed. Over the past year, LGH returned 20.00% vs 30.05% for TEXN. A 0.57 correlation means they provide meaningful diversification when combined. LGH charges 1.23%/yr vs 0.20%/yr for TEXN.
Performance
LGH vs. TEXN - Performance Comparison
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Returns By Period
In the year-to-date period, LGH achieves a 0.69% return, which is significantly lower than TEXN's 20.05% return.
LGH
- 1D
- -1.93%
- 1M
- -2.29%
- YTD
- 0.69%
- 6M
- -0.68%
- 1Y
- 20.00%
- 3Y*
- 18.38%
- 5Y*
- 10.02%
- 10Y*
- —
TEXN
- 1D
- -1.33%
- 1M
- -2.29%
- YTD
- 20.05%
- 6M
- 18.60%
- 1Y
- 30.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LGH vs. TEXN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LGH HCM Defender 500 Index ETF | 0.69% | 19.17% |
TEXN iShares Texas Equity ETF | 20.05% | 8.33% |
Correlation
The correlation between LGH and TEXN is 0.57, 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 | 0.57 |
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Return for Risk
LGH vs. TEXN — Risk / Return Rank
LGH
TEXN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LGH vs. TEXN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 500 Index ETF (LGH) 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.
| LGH | TEXN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.22 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | — | — |
| Martin ratioReturn relative to average drawdown | 5.58 | — | — |
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Drawdowns
LGH vs. TEXN - Drawdown Comparison
The maximum LGH drawdown since its inception was -29.60%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for LGH and TEXN.
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Drawdown Indicators
| LGH | TEXN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.60% | -6.34% | -23.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -6.34% | -4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -18.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.38% | — | — |
Current DrawdownCurrent decline from peak | -4.83% | -4.90% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -1.24% | -8.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.59% | — | — |
Volatility
LGH vs. TEXN - Volatility Comparison
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Volatility by Period
| LGH | TEXN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.89% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.37% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 14.50% | +1.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.73% | 14.50% | +2.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.86% | 14.50% | +5.36% |
LGH vs. TEXN - Expense Ratio Comparison
LGH has a 1.23% expense ratio, which is higher than TEXN's 0.20% expense ratio.
Dividends
LGH vs. TEXN - Dividend Comparison
LGH's dividend yield for the trailing twelve months is around 0.38%, less than TEXN's 1.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LGH HCM Defender 500 Index ETF | 0.38% | 0.38% | 0.40% | 0.63% | 0.61% | 0.14% | 0.23% | 0.01% |
TEXN iShares Texas Equity ETF | 1.40% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGH and TEXN have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, TEXN leads with 30.05% vs 20.00% for LGH. 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.
Over the 1-year period, TEXN has performed better with a 30.05% return vs 20.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TEXN is cheaper with a 0.20% expense ratio, compared with 1.23% for LGH.
TEXN has the higher dividend yield at 1.40%, compared with 0.38% for LGH.
LGH tracks HCM Defender 500 Index, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: Howard Capital Management and iShares. Their fees differ too: 1.23% for LGH and 0.20% for TEXN.
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