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Horizon KineticsEnergyTEXX · Nasdaq

Horizon Kinetics Texas ETF (TEXX)

Price
$29.08
—25 Sept 2026
Assets
$3.1M
Total net assets
Expense ratio
0.85%
Category 0.93%
Yield
—
Trailing distributions
3Y CAGR
—
Category 12.0%
5Y CAGR
—
Category 15.7%
Loading NAV history…
Horizon Kinetics Texas ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation
—
Maximum drawdown
—
Sharpe ratio
—
Sortino ratio
—
Beta
—
Alpha
—
R²
—
Information ratio
—
Upside capture
—
Downside capture
—
Tracking error
—
Trailing returns compared with benchmark
Period1M3M6MYTD1Y3YCAGR5YCAGR10YCAGRLaunchCAGR
ETF-4.6%+2.6%+1.5%—————+13.9%
Energy average-2.2%6.3%-1.0%28.7%32.0%12.0%15.7%6.2%9.6%
Difference-2.4%-3.7%+2.5%—————+4.3%

Holdings

The 10 largest positions make up 46.3% of the fund.

Top holdings

Largest holdings by weight
TickerHoldingWeight
PBTPermian Basin Royalty Trust8.82%
LBLandBridge Co LLC Class A shares7.49%
FANGDiamondback Energy Inc4.40%
SLBSLB Ltd4.22%
TPLTexas Pacific Land Corp4.22%
WBIWaterBridge Infrastructure LLC Ordinary Shares - Class A3.56%
OXYOccidental Petroleum Corp3.48%
COPConocoPhillips3.39%
PAAPlains All American Pipeline LP3.35%
EOGEOG Resources Inc3.33%

Portfolio valuation

Weighted averages of what the fund holds.

P/E
22.4
P/B
2.8
P/S
1.8
P/CF
9.8

Sector allocation

Share of the equity the fund holds.

71.0%Energy7 sectors
  1. Energy71.0%
  2. Industrials9.6%
  3. Consumer discretionary7.4%
  4. Utilities6.9%
  5. Consumer staples2.8%
  6. Financial services2.3%
  7. Real estate0.2%

Asset mix

  • Stocks93.3%
  • Cash6.6%
  • Other0.1%

ETF details

Issuer
Horizon Kinetics
Category
Equity · Energy
Ticker
TEXX
Exchange
Nasdaq
Inception
21 Jan 2026 (0.7 years)
Structure
Exchange Traded Fund
Expense ratio
0.85% (category 0.93%)
Holdings turnover
0% (category 51%)
Distribution yield
—
Beta, 3 years
0.00
Total net assets
$3.1M

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other energy ETFs

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Investment research for ETFs, mutual funds and stocks. Data is for research and education. It is not a recommendation to buy or sell any security. Mutual fund investments are subject to market risk; read all scheme documents carefully.

© 2026 Evenfolio
build 62 · 2026-09-28 17:30 UTC

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