Texas Capital Texas Equity ETF (TXS) Performance
TXS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.7% since Dec 31, 2025
- 1 year
- +16.2% total return
- 3 years
- +23.8% a year
- Since first price
- +18.3% a year since 2023
TXS trailing returns vs SPY, QQQ, AGG
| Period | TXS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.0% | +0.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.5% | +5.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.7% | +8.3% | +7.8% | +8.4% | −1.5% |
| YTD | +19.7% | +19.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.2% | +15.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +89.8%+23.8%/yr | +84.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJul 13, 2023 | +73.4%+18.3%/yr | +68.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TXS vs SPY
From Jul 13, 2023: TXS grew to $17,339, SPY to $17,591.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TXS returns by calendar year
2 of 2 full years positive. Best 2024 (+24.3%), worst 2025 (+10.3%). 2026 is year to date.
TXS annual returns table
| Year | TXS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.7% | −5.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.3% | −18.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.3% | −7.5% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TXS largest drawdowns
Now 1.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 26, 2024 | −19.7% | Apr 8, 2025 | Jul 2, 2025 | 4 months | 7 months |
| Jul 19, 2023 | −10.7% | Oct 27, 2023 | Dec 1, 2023 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TXS risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +20.6% | +17.6% |
| Volatility (annualized) | 14.0% | 14.0% |
| Sharpe ratio | 1.11 | 0.91 |
| Sortino ratio | 2.09 | 1.69 |
| Best month | +11.4% | +11.4% |
| Worst month | −6.8% | −6.8% |
| Best 12 months | +41.2% | +41.2% |
| Worst 12 months | +4.8% | +4.8% |
| Positive months | 72% | 68% |
| Beta vs S&P 500 | 0.88 | — |
| Correlation with S&P 500 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TXS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 28 | +4.8% | +19.6% | +41.2% | 100% |
| 3-year (a year) | 4 | +18.7% | +20.6% | +23.7% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
TXS performance overview
Texas Capital Texas Equity ETF (TXS) returned +16.2% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +18.3% a year, turning $10,000 into about $17,339. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.7%, from Nov 26, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 14.0% a year.
Related: TXS chart, TXS holdings, TXS dividends, TXS valuation. See the TXS overview for the latest quote and fund facts.
TXS performance FAQ
What is the TXS return over the past year?
TXS returned +16.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.3%.
How much would $10,000 invested in TXS be worth?
$10,000 invested in TXS at its first recorded close on July 13, 2023 would be worth about $17,339 on October 23, 2026 with distributions reinvested.
What was the worst year for TXS?
The worst calendar year was 2025, with a total return of +10.3%. The best was 2024 at +24.3%.
What is the biggest drawdown of TXS?
The largest peak-to-trough decline was −19.7% between November 26, 2024 and April 8, 2025. It recovered to the old high on July 2, 2025, 3 months after the bottom.
How volatile is TXS?
Over the past 3 years TXS had an annualized volatility of 14.0% and a Sharpe ratio of 1.11 (excess return over 1–3 month T-bills per unit of risk).