TXS vs. FREL ETF Comparison
Comparison of Texas Capital Texas Equity Index ETF (TXS) to Fidelity MSCI Real Estate Index ETF (FREL)
TXS
Texas Capital Texas Equity Index ETF
TXS Description
TXS tracks an index composed of companies that have significant contributions to the economy of Texas. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce and other benefits relative to companies headquartered in other states. Initially, all eligible securities from the investable equity universe that meet certain size and liquidity requirements are selected as index constituents. Component sectors in the index are weighted based on their industry contributions to Texass GDP, as reported for the private sector by the US Bureau of Economic Analysis. Companies within each sector are then weighted based on their market-cap, with a minimum cap of 0.05% and maximum cap of 10% per constituent. The fund does not limit its investment to a certain market-cap bracket. TXS may concentrate its investment in a particular industry or group of industries to the extent that the index is concentrated.
Grade (RS Rating)
Last Trade
$34.77
Average Daily Volume
2,647
Number of Holdings
*
197
* may have additional holdings in another (foreign) market
FREL
Fidelity MSCI Real Estate Index ETF
FREL Description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Real Estate Index. The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Real Estate Index, which represents the performance of the real estate sector in the U.S. equity market. The fund may or may not hold all of the securities in the MSCI USA IMI Real Estate Index.Grade (RS Rating)
Last Trade
$29.15
Average Daily Volume
168,611
Number of Holdings
*
140
* may have additional holdings in another (foreign) market
Performance
| Period | TXS | FREL |
|---|---|---|
| 30 Days | 10.30% | -0.21% |
| 60 Days | 10.71% | -1.57% |
| 90 Days | 12.99% | 1.70% |
| 12 Months | 41.97% | 25.30% |
11 Overlapping Holdings
| Symbol | Grade | Weight in TXS | Weight in FREL | Overlap | |
|---|---|---|---|---|---|
| CBRE | B | 2.56% | 2.71% | 2.56% | |
| CCI | C | 2.93% | 2.99% | 2.93% | |
| CPT | B | 0.81% | 0.86% | 0.81% | |
| DLR | B | 4.02% | 3.77% | 3.77% | |
| FOR | F | 0.04% | 0.05% | 0.04% | |
| HHH | B | 0.27% | 0.18% | 0.18% | |
| INN | D | 0.05% | 0.05% | 0.05% | |
| INVH | D | 1.23% | 1.37% | 1.23% | |
| NTST | C | 0.08% | 0.08% | 0.08% | |
| NXRT | B | 0.07% | 0.07% | 0.07% | |
| WSR | A | 0.05% | 0.05% | 0.05% |
TXS Overweight 186 Positions Relative to FREL
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 5.5% | |
| THC | D | 4.2% | |
| CRWD | B | 4.06% | |
| SCHW | B | 4.06% | |
| MCK | A | 3.82% | |
| WM | B | 3.35% | |
| XOM | B | 3.28% | |
| GME | C | 2.92% | |
| LNG | A | 2.46% | |
| ORCL | A | 2.37% | |
| TPL | A | 1.96% | |
| COP | C | 1.95% | |
| KMI | A | 1.89% | |
| SYY | D | 1.88% | |
| DHI | F | 1.86% | |
| SCI | B | 1.85% | |
| PWR | A | 1.84% | |
| WING | D | 1.64% | |
| GPI | B | 1.58% | |
| TRGP | A | 1.43% | |
| TYL | B | 1.31% | |
| T | A | 1.31% | |
| RUSHA | C | 1.23% | |
| EOG | A | 1.14% | |
| TXN | C | 1.13% | |
| CAT | B | 1.09% | |
| J | D | 0.96% | |
| ASO | F | 0.95% | |
| SLB | C | 0.92% | |
| EAT | A | 0.91% | |
| VST | A | 0.84% | |
| ACM | B | 0.78% | |
| PLAY | D | 0.71% | |
| LUV | C | 0.69% | |
| FIX | A | 0.63% | |
| ADUS | D | 0.62% | |
| BKR | A | 0.61% | |
| OXY | D | 0.51% | |
| FLR | B | 0.48% | |
| FANG | C | 0.47% | |
| KBR | F | 0.42% | |
| CPRT | B | 0.41% | |
| SBH | C | 0.4% | |
| USPH | B | 0.39% | |
| HAL | C | 0.39% | |
| ATO | A | 0.39% | |
| CNP | A | 0.35% | |
| AAL | B | 0.33% | |
| PSX | C | 0.32% | |
| GL | C | 0.31% | |
| NRG | B | 0.31% | |
| CRBG | B | 0.31% | |
| CMA | B | 0.3% | |
| KMB | C | 0.28% | |
| CFR | B | 0.27% | |
| CTRA | B | 0.27% | |
| KEX | B | 0.26% | |
| VLO | C | 0.26% | |
| PB | B | 0.24% | |
| MRO | B | 0.23% | |
| STRL | A | 0.22% | |
| DELL | B | 0.21% | |
| COOP | B | 0.2% | |
| IESC | C | 0.2% | |
| TPG | A | 0.19% | |
| PRIM | A | 0.16% | |
| HPE | B | 0.16% | |
| PR | B | 0.14% | |
| FFIN | B | 0.14% | |
| AGL | F | 0.14% | |
| NSP | F | 0.14% | |
| XPEL | B | 0.14% | |
| LII | A | 0.13% | |
| BLDR | D | 0.13% | |
| GRBK | D | 0.12% | |
| CHRD | D | 0.12% | |
| RRC | B | 0.12% | |
| IBOC | B | 0.12% | |
| APA | D | 0.12% | |
| OMCL | C | 0.11% | |
| NTRA | A | 0.11% | |
| LUNR | B | 0.1% | |
| MTDR | B | 0.1% | |
| LGIH | F | 0.09% | |
| WFRD | D | 0.09% | |
| GSHD | A | 0.09% | |
| KNTK | A | 0.09% | |
| AAOI | B | 0.09% | |
| VCTR | B | 0.09% | |
| POWL | C | 0.08% | |
| DNOW | B | 0.08% | |
| USLM | A | 0.08% | |
| STC | B | 0.07% | |
| RICK | B | 0.07% | |
| EE | A | 0.07% | |
| MUR | D | 0.07% | |
| TFIN | B | 0.07% | |
| ANET | C | 0.07% | |
| FYBR | C | 0.07% | |
| MGY | A | 0.07% | |
| ACA | A | 0.07% | |
| CSV | B | 0.07% | |
| IBTX | B | 0.07% | |
| DAR | C | 0.06% | |
| BMBL | C | 0.06% | |
| OIS | B | 0.06% | |
| SABR | C | 0.06% | |
| CSWI | B | 0.06% | |
| PX | A | 0.06% | |
| FFWM | C | 0.06% | |
| MRC | B | 0.06% | |
| SKWD | A | 0.06% | |
| FLS | B | 0.06% | |
| WTTR | A | 0.06% | |
| GLDD | B | 0.06% | |
| TH | C | 0.06% | |
| CRGY | B | 0.06% | |
| PRO | C | 0.06% | |
| TTI | B | 0.06% | |
| CRK | B | 0.06% | |
| QTWO | A | 0.06% | |
| EXP | B | 0.06% | |
| SAVA | C | 0.06% | |
| XPRO | D | 0.06% | |
| MTCH | D | 0.06% | |
| UEC | B | 0.06% | |
| DXPE | C | 0.06% | |
| YETI | D | 0.05% | |
| HTH | C | 0.05% | |
| PTEN | C | 0.05% | |
| DINO | D | 0.05% | |
| CECO | B | 0.05% | |
| TALO | C | 0.05% | |
| ATI | C | 0.05% | |
| GDOT | D | 0.05% | |
| NXST | C | 0.05% | |
| BIGC | B | 0.05% | |
| THR | B | 0.05% | |
| HLX | B | 0.05% | |
| GRNT | B | 0.05% | |
| PUMP | C | 0.05% | |
| SWI | C | 0.05% | |
| ITGR | B | 0.05% | |
| HESM | B | 0.05% | |
| CHX | C | 0.05% | |
| VTOL | B | 0.05% | |
| EZPW | B | 0.05% | |
| AZZ | A | 0.05% | |
| SBSI | C | 0.05% | |
| CNK | C | 0.05% | |
| TASK | C | 0.05% | |
| UPBD | B | 0.05% | |
| ALG | B | 0.05% | |
| CE | F | 0.05% | |
| NX | C | 0.05% | |
| WHD | B | 0.05% | |
| OII | B | 0.05% | |
| CMC | B | 0.05% | |
| ALKT | B | 0.05% | |
| VBTX | B | 0.05% | |
| AROC | A | 0.05% | |
| TRN | B | 0.05% | |
| APLD | B | 0.05% | |
| THRY | D | 0.04% | |
| BRY | F | 0.04% | |
| DIOD | D | 0.04% | |
| CVI | F | 0.04% | |
| TSHA | C | 0.04% | |
| TDW | F | 0.04% | |
| CSTL | D | 0.04% | |
| VITL | D | 0.04% | |
| HUN | F | 0.04% | |
| WLK | D | 0.04% | |
| SLAB | F | 0.04% | |
| PARR | F | 0.04% | |
| EGY | D | 0.04% | |
| NR | B | 0.04% | |
| NOV | C | 0.04% | |
| AESI | B | 0.04% | |
| LXRX | F | 0.03% | |
| ETWO | F | 0.03% | |
| SVRA | F | 0.03% | |
| CRUS | D | 0.03% | |
| AMN | F | 0.03% | |
| APPS | F | 0.02% | |
| NOVA | F | 0.01% |
TXS Underweight 129 Positions Relative to FREL
| Symbol | Grade | Weight | |
|---|---|---|---|
| PLD | F | -7.1% | |
| AMT | C | -6.08% | |
| EQIX | A | -5.7% | |
| WELL | A | -5.08% | |
| SPG | A | -3.89% | |
| PSA | C | -3.51% | |
| O | C | -3.23% | |
| EXR | C | -2.32% | |
| IRM | C | -2.22% | |
| VICI | C | -2.18% | |
| AVB | B | -2.16% | |
| CSGP | D | -2.05% | |
| VTR | B | -1.72% | |
| EQR | C | -1.66% | |
| SBAC | D | -1.58% | |
| WY | F | -1.5% | |
| ESS | B | -1.3% | |
| MAA | B | -1.23% | |
| ARE | F | -1.14% | |
| KIM | A | -1.12% | |
| SUI | C | -1.03% | |
| DOC | C | -1.01% | |
| UDR | B | -0.93% | |
| GLPI | C | -0.89% | |
| REG | A | -0.86% | |
| ELS | C | -0.85% | |
| JLL | D | -0.84% | |
| HST | C | -0.82% | |
| AMH | C | -0.82% | |
| WPC | C | -0.8% | |
| Z | A | -0.79% | |
| BXP | C | -0.79% | |
| LAMR | C | -0.75% | |
| CUBE | C | -0.72% | |
| OHI | C | -0.65% | |
| REXR | F | -0.61% | |
| BRX | A | -0.58% | |
| EGP | D | -0.56% | |
| FRT | B | -0.56% | |
| NNN | C | -0.51% | |
| ADC | A | -0.51% | |
| FR | D | -0.47% | |
| VNO | C | -0.46% | |
| STAG | D | -0.45% | |
| RHP | B | -0.43% | |
| TRNO | F | -0.4% | |
| COLD | D | -0.4% | |
| KRG | B | -0.4% | |
| EPRT | B | -0.37% | |
| SLG | B | -0.34% | |
| CUZ | B | -0.32% | |
| IRT | A | -0.32% | |
| PECO | A | -0.31% | |
| SBRA | C | -0.29% | |
| KRC | B | -0.29% | |
| CTRE | C | -0.28% | |
| RYN | D | -0.28% | |
| MAC | B | -0.28% | |
| SKT | A | -0.26% | |
| APLE | B | -0.24% | |
| EPR | C | -0.23% | |
| HIW | C | -0.23% | |
| NHI | D | -0.23% | |
| PK | C | -0.22% | |
| NSA | C | -0.22% | |
| PCH | F | -0.22% | |
| CDP | C | -0.22% | |
| BNL | D | -0.21% | |
| DEI | B | -0.2% | |
| UE | B | -0.19% | |
| LXP | D | -0.19% | |
| AKR | B | -0.18% | |
| FCPT | C | -0.18% | |
| MPW | F | -0.17% | |
| OUT | A | -0.17% | |
| COMP | B | -0.17% | |
| CWK | C | -0.16% | |
| ROIC | A | -0.15% | |
| IVT | A | -0.15% | |
| NMRK | C | -0.15% | |
| EQC | B | -0.14% | |
| SHO | D | -0.13% | |
| DRH | B | -0.13% | |
| JOE | F | -0.12% | |
| XHR | B | -0.11% | |
| GTY | A | -0.11% | |
| LTC | B | -0.11% | |
| ELME | D | -0.1% | |
| ESRT | C | -0.1% | |
| PEB | D | -0.1% | |
| RLJ | C | -0.1% | |
| GNL | F | -0.1% | |
| PDM | D | -0.09% | |
| UNIT | B | -0.09% | |
| VRE | B | -0.09% | |
| JBGS | F | -0.09% | |
| ALEX | B | -0.09% | |
| UMH | B | -0.09% | |
| AAT | B | -0.09% | |
| KW | C | -0.08% | |
| DEA | D | -0.08% | |
| OPEN | F | -0.07% | |
| AIV | C | -0.07% | |
| CSR | B | -0.07% | |
| RDFN | D | -0.07% | |
| MMI | C | -0.07% | |
| EXPI | D | -0.07% | |
| AHH | D | -0.06% | |
| PGRE | F | -0.06% | |
| PLYM | F | -0.06% | |
| BDN | C | -0.06% | |
| GOOD | B | -0.05% | |
| FPI | B | -0.04% | |
| ALX | D | -0.04% | |
| UHT | D | -0.04% | |
| GMRE | F | -0.04% | |
| OLP | B | -0.04% | |
| LAND | F | -0.03% | |
| FRPH | B | -0.03% | |
| DHC | F | -0.03% | |
| SVC | F | -0.03% | |
| CLDT | B | -0.03% | |
| PKST | F | -0.03% | |
| BFS | C | -0.03% | |
| HPP | F | -0.03% | |
| CHCT | C | -0.03% | |
| TRC | F | -0.02% | |
| RMR | F | -0.02% | |
| CBL | B | -0.02% |
TXS: Top Represented Industries & Keywords
Industries:
Oil & Gas E&P
Oil & Gas Equipment & Services
Banks - Regional - US
Engineering & Construction
Software - Application
Diversified Industrials
Oil & Gas Midstream
Semiconductors
Asset Management
Biotechnology
Building Materials
Medical Care
Oil & Gas Refining & Marketing
Real Estate - General
Restaurants
Software - Infrastructure
Auto & Truck Dealerships
REIT - Residential
Specialty Retail
Airlines
FREL: Top Represented Industries & Keywords
Industries:
REIT - Retail
REIT - Diversified
REIT - Office
REIT - Residential
REIT - Industrial
REIT - Healthcare Facilities
REIT - Hotel & Motel
Real Estate Services
Real Estate - General
Lumber & Wood Production
Telecom Services
Business Services
Software - Application
Keywords:
Real Estate Investment Trust
S&P 500
Real Estate Market
Retail Properties
Real Estate Properties
Property Management
Equity Global Management
Property
Equity Real Estate Investment Trust
Real Estate Broker
Shopping Mall
Champion Reit
Dream Office Real Estate Investment Trust
Industrial Properties
Land Law
Property Management Services
Real Estate Services
Residential Real Estate
Assisted Living
Healthcare Facilities
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