LQAI vs. TEXN

Last updated Jun 24, 2026

LQAI (LG QRAFT AI-Powered U.S. Large Cap Core ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds. LQAI is actively managed, while TEXN is passively managed. Over the past year, LQAI returned 37.58% vs 30.05% for TEXN. A 0.61 correlation means they provide meaningful diversification when combined. LQAI charges 0.75%/yr vs 0.20%/yr for TEXN.

Performance

LQAI vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) and iShares Texas Equity ETF (TEXN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with LQAI having a 19.67% return and TEXN slightly higher at 20.05%.

LQAI

• 1D: -2.97%
• 1M: 2.10%
• YTD: 19.67%
• 6M: 18.21%
• 1Y: 37.58%
• 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)

LQAI vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF	19.67%	14.96%
TEXN iShares Texas Equity ETF	20.05%	8.33%

Correlation

The correlation between LQAI and TEXN is 0.61, 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	0.61

LQAI vs. TEXN - Sectors Allocation Comparison

Sectors	LQAI	TEXN
Technology	47.3%	20.6%
Consumer Cyclical	12.8%	11.6%
Communication Services	10.3%	3.3%
Financial Services	8.7%	3.9%
Industrials	5.3%	16.3%
Healthcare	4.5%	2.7%
Consumer Defensive	3.3%	2.1%
Energy	3.2%	32.3%
Real Estate	2.3%	3.9%
Utilities	2.2%	2.7%
Basic Materials	0.1%	0.7%

Return for Risk

LQAI vs. TEXN — Risk / Return Rank

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

LQAI

LQAI Risk / Return Rank: 71
LQAI Sharpe Ratio Rank: 75
LQAI Sortino Ratio Rank: 67
LQAI Omega Ratio Rank: 73
LQAI Calmar Ratio Rank: 78
LQAI Martin Ratio Rank: 63

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.

LQAI vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) 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.

	LQAI	TEXN	Difference
Sharpe ratio: Return per unit of total volatility	2.21	—	—
Sortino ratio: Return per unit of downside risk	2.82	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.78	—	—
Martin ratio: Return relative to average drawdown	10.64	—	—

Drawdowns

LQAI vs. TEXN - Drawdown Comparison

The maximum LQAI drawdown since its inception was -21.24%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for LQAI and TEXN.

Drawdown Indicators

	LQAI	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-21.24%	-6.34%	-14.90%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	-6.34%	-3.66%
Current Drawdown Current decline from peak	-2.97%	-4.90%	+1.93%
Average Drawdown Average peak-to-trough decline	-3.04%	-1.24%	-1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	—	—

Volatility

Volatility by Period

	LQAI	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.09%	14.50%	+2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	14.50%	+3.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.51%	14.50%	+3.01%

LQAI vs. TEXN - Expense Ratio Comparison

LQAI has a 0.75% expense ratio, which is higher than TEXN's 0.20% expense ratio.

Dividends

LQAI vs. TEXN - Dividend Comparison

LQAI's dividend yield for the trailing twelve months is around 0.91%, less than TEXN's 1.40% yield.

Position	TTM	2025	2024	2023
LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF	0.91%	1.14%	0.69%	0.16%
TEXN iShares Texas Equity ETF	1.40%	0.86%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LQAI and TEXN in my portfolio?

LQAI and TEXN have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LQAI or TEXN?

On 1-year performance, LQAI leads with 37.58% vs 30.05% for TEXN. 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, LQAI or TEXN?

Over the 1-year period, LQAI has performed better with a 37.58% return vs 30.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LQAI or TEXN?

TEXN is cheaper with a 0.20% expense ratio, compared with 0.75% for LQAI.

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

TEXN has the higher dividend yield at 1.40%, compared with 0.91% for LQAI.

What is the main difference between LQAI and TEXN?

They also come from different issuers: QRAFT and iShares. Their fees differ too: 0.75% for LQAI and 0.20% for TEXN.