PTL vs. TEXN

Last updated Jun 4, 2026

PTL (Inspire 500 ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - PTL tracks the Inspire 500 Index while TEXN tracks the Russell Texas Equity Index. Both are passively managed. A 0.71 correlation means they provide meaningful diversification when combined. PTL charges 0.09%/yr vs 0.20%/yr for TEXN.

Performance

PTL vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire 500 ETF (PTL) 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, PTL achieves a 17.90% return, which is significantly lower than TEXN's 26.15% return.

PTL

• 1D: -0.12%
• 1M: 5.59%
• YTD: 17.90%
• 6M: 15.73%
• 1Y: 31.98%
• 3Y*: —
• 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)

PTL vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
PTL Inspire 500 ETF	17.90%	9.68%
TEXN iShares Texas Equity ETF	26.15%	8.16%

Correlation

The correlation between PTL and TEXN is 0.71, 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	0.71

PTL vs. TEXN - Sectors Allocation Comparison

Sectors	PTL	TEXN
Technology	30.5%	15.5%
Industrials	19.5%	16.9%
Energy	10.0%	36.1%
Financial Services	7.9%	4.1%
Consumer Cyclical	7.0%	10.8%
Basic Materials	6.2%	0.8%
Real Estate	6.1%	4.2%
Healthcare	5.1%	2.9%
Utilities	4.7%	2.9%
Consumer Defensive	2.2%	2.1%
Communication Services	1.0%	3.6%

Return for Risk

PTL vs. TEXN — Risk / Return Rank

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

PTL

PTL Risk / Return Rank: 72
PTL Sharpe Ratio Rank: 67
PTL Sortino Ratio Rank: 65
PTL Omega Ratio Rank: 65
PTL Calmar Ratio Rank: 81
PTL Martin Ratio Rank: 81

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.

PTL vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire 500 ETF (PTL) 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.

	PTL	TEXN	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	2.99	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	4.24	—	—
Martin ratio: Return relative to average drawdown	15.81	—	—
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

	PTL	TEXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	2.76	-1.60

Drawdowns

PTL vs. TEXN - Drawdown Comparison

The maximum PTL drawdown since its inception was -19.72%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for PTL and TEXN.

Drawdown Indicators

	PTL	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-19.72%	-6.34%	-13.38%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	—	—
Current Drawdown Current decline from peak	-0.12%	-0.07%	-0.05%
Average Drawdown Average peak-to-trough decline	-2.47%	-1.12%	-1.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	—	—

Volatility

Volatility by Period

	PTL	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.69%	14.16%	+0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.68%	14.16%	+3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	14.16%	+3.52%

PTL vs. TEXN - Expense Ratio Comparison

PTL has a 0.09% 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

PTL vs. TEXN - Dividend Comparison

PTL's dividend yield for the trailing twelve months is around 1.09%, more than TEXN's 1.01% yield.

Position	TTM	2025	2024
PTL Inspire 500 ETF	1.09%	1.24%	0.92%
TEXN iShares Texas Equity ETF	1.01%	0.86%	0.00%

Frequently Asked Questions

Can I hold both PTL and TEXN in my portfolio?

PTL and TEXN have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PTL or TEXN?

On fees, PTL is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PTL or TEXN?

PTL is cheaper with a 0.09% expense ratio, compared with 0.20% for TEXN.

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

PTL has the higher dividend yield at 1.09%, compared with 1.01% for TEXN.

What is the main difference between PTL and TEXN?

PTL tracks Inspire 500 Index, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: Inspire and iShares. Their fees differ too: 0.09% for PTL and 0.20% for TEXN.