TEXX vs. ILIT

Last updated Jun 6, 2026

TEXX (Horizon Kinetics Texas ETF) and ILIT (Ishares Lithium Miners And Producers ETF) are both Energy Equities funds. TEXX is actively managed, while ILIT is passively managed. At a 0.18 correlation, their price movements are largely independent. TEXX charges 0.85%/yr vs 0.47%/yr for ILIT.

Performance

TEXX vs. ILIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Horizon Kinetics Texas ETF (TEXX) and Ishares Lithium Miners And Producers ETF (ILIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TEXX

• 1D: -2.36%
• 1M: 0.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ILIT

• 1D: -8.02%
• 1M: -25.48%
• YTD: 13.31%
• 6M: 22.03%
• 1Y: 139.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEXX vs. ILIT - Yearly Performance Comparison

	2026 (YTD)
TEXX Horizon Kinetics Texas ETF	12.44%
ILIT Ishares Lithium Miners And Producers ETF	-7.35%

Correlation

The correlation between TEXX and ILIT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	0.18

Return for Risk

TEXX vs. ILIT — Risk / Return Rank

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

ILIT

ILIT Risk / Return Rank: 81
ILIT Sharpe Ratio Rank: 88
ILIT Sortino Ratio Rank: 74
ILIT Omega Ratio Rank: 69
ILIT Calmar Ratio Rank: 90
ILIT Martin Ratio Rank: 84

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.

TEXX vs. ILIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Horizon Kinetics Texas ETF (TEXX) and Ishares Lithium Miners And Producers ETF (ILIT). 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

	TEXX	ILIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.26	-0.17	+2.43

Drawdowns

TEXX vs. ILIT - Drawdown Comparison

The maximum TEXX drawdown since its inception was -4.97%, smaller than the maximum ILIT drawdown of -73.69%. Use the drawdown chart below to compare losses from any high point for TEXX and ILIT.

Drawdown Indicators

	TEXX	ILIT	Difference
Max Drawdown Largest peak-to-trough decline	-4.97%	-73.69%	+68.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.48%	—
Current Drawdown Current decline from peak	-3.28%	-25.87%	+22.59%
Average Drawdown Average peak-to-trough decline	-1.55%	-45.81%	+44.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.46%	—

Volatility

Volatility by Period

	TEXX	ILIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.66%	49.66%	-33.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.66%	41.81%	-25.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.66%	41.81%	-25.15%

TEXX vs. ILIT - Expense Ratio Comparison

TEXX has a 0.85% expense ratio, which is higher than ILIT's 0.47% expense ratio.

Dividends

TEXX vs. ILIT - Dividend Comparison

TEXX has not paid dividends to shareholders, while ILIT's dividend yield for the trailing twelve months is around 2.01%.

Position	TTM	2025	2024	2023
ILIT Ishares Lithium Miners And Producers ETF	2.01%	2.27%	6.48%	0.69%
TEXX Horizon Kinetics Texas ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEXX and ILIT in my portfolio?

TEXX and ILIT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TEXX or ILIT?

On fees, ILIT is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TEXX or ILIT?

ILIT is cheaper with a 0.47% expense ratio, compared with 0.85% for TEXX.

Which ETF pays a higher dividend yield, TEXX or ILIT?

ILIT has the higher dividend yield at 2.01%, compared with 0.00% for TEXX.

What is the main difference between TEXX and ILIT?

They also come from different issuers: Horizon Kinetics and iShares. Their fees differ too: 0.85% for TEXX and 0.47% for ILIT.