TEXX ETF — Horizon Kinetics Texas ETF

Horizon Kinetics Texas ETF (TEXX)

Updated October 16, 2026.

TEXX is an ETF. its expense ratio is 0.85%. Total return is 16.2% over the past 0.7 years, 4.6 points ahead of SPY at 11.6%.

Horizon Kinetics Texas ETF is an actively managed ETF that invests primarily in equity securities of Texas-based companies, with at least 80% of assets in such holdings, and operates as a non-diversified fund. The fund does not currently distribute income to shareholders. With an expense ratio of 0.85%, it appeals to investors seeking equity exposure concentrated in Texas-domiciled businesses.

TEXX performance versus SPY

Price and return data through 2026-10-16.

Total return is 16.2% over the past 0.7 years, 4.6 points ahead of SPY at 11.6%.

TEXX key facts

Issuer

Horizon Kinetics

Asset type

ETF

Asset class

Equity

Inception date

01/21/2026

Expense ratio

0.85%

Distribution frequency

None

Last close

$29.66 (as of 2026-10-16)

AUM

$2,974,541

Average volume

7.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Horizon Kinetics; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider TEXX — and who may not

It is a weaker fit for investors who need monthly cash flow (TEXX does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on TEXX

• All tickers starting with T

Frequently asked questions

More securities from Horizon Kinetics.