UTRN vs. TEXN

Last updated Apr 2, 2026

Compare and contrast key facts about Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and iShares Texas Equity ETF (TEXN).

UTRN and TEXN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTRN is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Vesper US Large Cap Short-Term Reversal Index. It was launched on Sep 21, 2018. 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. Both UTRN and TEXN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

UTRN vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and iShares Texas Equity ETF (TEXN). The values are adjusted to include any dividend payments, if applicable.

UTRN vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	0.00%
TEXN iShares Texas Equity ETF	11.72%	8.16%

Returns By Period

UTRN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TEXN

• 1D: -0.84%
• 1M: -1.07%
• YTD: 11.72%
• 6M: 8.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UTRN vs. TEXN - Expense Ratio Comparison

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

UTRN

Vesper U.S. Large Cap Short-Term Reversal Strategy ETF

TEXN

iShares Texas Equity ETF

Return for Risk

UTRN vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) 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.

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

Sharpe Ratios by Period

	UTRN	TEXN	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.89	—

Dividends

UTRN vs. TEXN - Dividend Comparison

UTRN has not paid dividends to shareholders, while TEXN's dividend yield for the trailing twelve months is around 1.14%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	0.00%	1.06%	2.75%	1.09%	24.51%	9.09%	3.77%	0.71%
TEXN iShares Texas Equity ETF	1.14%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	UTRN	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	—	-6.34%	—
Current Drawdown Current decline from peak	—	-1.37%	—
Average Drawdown Average peak-to-trough decline	—	-1.27%	—

Volatility

Volatility by Period

	UTRN	TEXN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	14.82%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.82%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.82%	—