VNSE vs. TEXN

Last updated Jun 4, 2026

VNSE (Natixis Vaughan Nelson Select ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds - VNSE tracks the Actively Managed while TEXN tracks the Russell Texas Equity Index. Both are passively managed. A 0.53 correlation means they provide meaningful diversification when combined. VNSE charges 0.80%/yr vs 0.20%/yr for TEXN.

Performance

VNSE vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Vaughan Nelson Select ETF (VNSE) 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, VNSE achieves a 8.88% return, which is significantly lower than TEXN's 25.94% return.

VNSE

• 1D: -0.16%
• 1M: 2.88%
• YTD: 8.88%
• 6M: 8.63%
• 1Y: 23.60%
• 3Y*: 13.73%
• 5Y*: 10.71%
• 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)

VNSE vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
VNSE Natixis Vaughan Nelson Select ETF	8.88%	9.78%
TEXN iShares Texas Equity ETF	25.94%	8.16%

Correlation

The correlation between VNSE and TEXN is 0.53, 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	0.53

VNSE vs. TEXN - Sectors Allocation Comparison

Sectors	VNSE	TEXN
Technology	30.0%	15.5%
Industrials	17.7%	16.9%
Financial Services	13.1%	4.1%
Communication Services	9.7%	3.6%
Healthcare	7.8%	2.9%
Consumer Cyclical	7.8%	10.8%
Basic Materials	5.8%	0.8%
Energy	5.4%	36.1%
Utilities	2.6%	2.9%
Consumer Defensive	-	2.1%
Real Estate	-	4.2%

Return for Risk

VNSE vs. TEXN — Risk / Return Rank

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

VNSE

VNSE Risk / Return Rank: 49
VNSE Sharpe Ratio Rank: 51
VNSE Sortino Ratio Rank: 51
VNSE Omega Ratio Rank: 50
VNSE Calmar Ratio Rank: 41
VNSE Martin Ratio Rank: 49

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.

VNSE vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Vaughan Nelson Select ETF (VNSE) 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.

	VNSE	TEXN	Difference
Sharpe ratio: Return per unit of total volatility	1.72	—	—
Sortino ratio: Return per unit of downside risk	2.45	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	1.99	—	—
Martin ratio: Return relative to average drawdown	8.05	—	—
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

	VNSE	TEXN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	2.75	-1.90

Drawdowns

VNSE vs. TEXN - Drawdown Comparison

The maximum VNSE drawdown since its inception was -24.21%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for VNSE and TEXN.

Drawdown Indicators

	VNSE	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-24.21%	-6.34%	-17.87%
Max Drawdown (1Y) Largest decline over 1 year	-11.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.91%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.21%	—	—
Current Drawdown Current decline from peak	-0.29%	-0.24%	-0.05%
Average Drawdown Average peak-to-trough decline	-5.52%	-1.12%	-4.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	—	—

Volatility

Volatility by Period

	VNSE	TEXN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	14.19%	-0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	14.19%	+3.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	14.19%	+2.95%

VNSE vs. TEXN - Expense Ratio Comparison

VNSE has a 0.80% expense ratio, which is higher than TEXN's 0.20% expense ratio.

Dividends

VNSE vs. TEXN - Dividend Comparison

VNSE's dividend yield for the trailing twelve months is around 0.20%, less than TEXN's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
TEXN iShares Texas Equity ETF	1.01%	0.86%	0.00%	0.00%	0.00%	0.00%	0.00%
VNSE Natixis Vaughan Nelson Select ETF	0.20%	0.21%	0.00%	0.21%	7.01%	19.65%	0.06%

Frequently Asked Questions

Can I hold both VNSE and TEXN in my portfolio?

VNSE and TEXN have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VNSE 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, VNSE or TEXN?

TEXN is cheaper with a 0.20% expense ratio, compared with 0.80% for VNSE.

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

TEXN has the higher dividend yield at 1.01%, compared with 0.20% for VNSE.

What is the main difference between VNSE and TEXN?

VNSE tracks Actively Managed, while TEXN tracks Russell Texas Equity Index. They also come from different issuers: Natixis and iShares. Their fees differ too: 0.80% for VNSE and 0.20% for TEXN.