TEXN vs. PSCX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Texas Equity ETF (TEXN) and Pacer Swan SOS Conservative (December) ETF (PSCX).

TEXN and PSCX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TEXN is a passively managed fund by iShares that tracks the performance of the Russell Texas Equity Index. It was launched on Jun 23, 2025. PSCX is an actively managed fund by Pacer. It was launched on Dec 22, 2020.

Performance

TEXN vs. PSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Texas Equity ETF (TEXN) and Pacer Swan SOS Conservative (December) ETF (PSCX). The values are adjusted to include any dividend payments, if applicable.

TEXN vs. PSCX - Yearly Performance Comparison

	2026 (YTD)	2025
TEXN iShares Texas Equity ETF	12.67%	8.16%
PSCX Pacer Swan SOS Conservative (December) ETF	-1.88%	8.49%

Returns By Period

In the year-to-date period, TEXN achieves a 12.67% return, which is significantly higher than PSCX's -1.88% return.

TEXN

• 1D: 1.53%
• 1M: 0.90%
• YTD: 12.67%
• 6M: 10.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSCX

• 1D: 1.43%
• 1M: -2.32%
• YTD: -1.88%
• 6M: 0.91%
• 1Y: 12.02%
• 3Y*: 11.44%
• 5Y*: 7.30%
• 10Y*: —

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

TEXN vs. PSCX - Expense Ratio Comparison

TEXN has a 0.20% expense ratio, which is lower than PSCX's 0.75% expense ratio.

PSCX

Pacer Swan SOS Conservative (December) ETF

TEXN

iShares Texas Equity ETF

Return for Risk

TEXN vs. PSCX — Risk / Return Rank

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

PSCX

PSCX Risk / Return Rank: 79
PSCX Sharpe Ratio Rank: 75
PSCX Sortino Ratio Rank: 79
PSCX Omega Ratio Rank: 82
PSCX Calmar Ratio Rank: 75
PSCX Martin Ratio Rank: 85

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.

TEXN vs. PSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Texas Equity ETF (TEXN) and Pacer Swan SOS Conservative (December) ETF (PSCX). 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.

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

Sharpe Ratios by Period

	TEXN	PSCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.37	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.99	1.10	+0.89

Correlation

The correlation between TEXN and PSCX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TEXN vs. PSCX - Dividend Comparison

TEXN's dividend yield for the trailing twelve months is around 1.13%, while PSCX has not paid dividends to shareholders.

	TTM	2025
TEXN iShares Texas Equity ETF	1.13%	0.86%
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%

Drawdowns

TEXN vs. PSCX - Drawdown Comparison

The maximum TEXN drawdown since its inception was -6.34%, smaller than the maximum PSCX drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for TEXN and PSCX.

Drawdown Indicators

	TEXN	PSCX	Difference
Max Drawdown Largest peak-to-trough decline	-6.34%	-10.20%	+3.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.20%	—
Current Drawdown Current decline from peak	-0.54%	-2.84%	+2.30%
Average Drawdown Average peak-to-trough decline	-1.27%	-1.92%	+0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.20%	—

Volatility

Volatility by Period

	TEXN	PSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.82%	8.83%	+5.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.82%	7.06%	+7.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.82%	7.02%	+7.80%