UTRN vs. TEXN

Last updated Jun 4, 2026

UTRN (Vesper U.S. Large Cap Short-Term Reversal Strategy ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - UTRN tracks the Vesper US Large Cap Short-Term Reversal Index while TEXN tracks the Russell Texas Equity Index. Both are passively managed. UTRN charges 0.75%/yr vs 0.20%/yr for TEXN.

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.

Returns By Period

UTRN

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

TEXN

• 1D: -0.24%
• 1M: 5.35%
• YTD: 25.94%
• 6M: 24.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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	25.94%	8.16%

UTRN vs. TEXN - Sectors Allocation Comparison

Sectors	UTRN	TEXN
Financial Services	36.4%	4.1%
Technology	31.9%	15.5%
Communication Services	8.0%	3.6%
Basic Materials	7.9%	0.8%
Energy	4.1%	36.1%
Industrials	4.0%	16.9%
Consumer Cyclical	3.9%	10.8%
Healthcare	3.8%	2.9%
Consumer Defensive	-	2.1%
Real Estate	-	4.2%
Utilities	-	2.9%

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	—	2.75	—

Drawdowns

Drawdown Indicators

	UTRN	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	—	-6.34%	—
Current Drawdown Current decline from peak	—	-0.24%	—
Average Drawdown Average peak-to-trough decline	—	-1.12%	—

Volatility

Volatility by Period

	UTRN	TEXN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	14.19%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.19%	—

UTRN vs. TEXN - Expense Ratio Comparison

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

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 1.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
TEXN iShares Texas Equity ETF	1.01%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

Which ETF is better, UTRN or 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 is cheaper, UTRN or TEXN?

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

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

TEXN has the higher dividend yield at 1.01%, compared with 0.00% for UTRN.

What is the main difference between UTRN and TEXN?

UTRN tracks Vesper US Large Cap Short-Term Reversal Index, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: Exchange Traded Concepts and iShares. Their fees differ too: 0.75% for UTRN and 0.20% for TEXN.