iShares Texas Equity ETF (TEXN)

iShares Texas Equity ETF (TEXN) is an exchange-traded fund in the Large Blend category. It has $18.41M in assets, an expense ratio of 0.20% and a 1.42% dividend yield. The fund seeks to track the investment results of the Russell Texas Equity Index (the “underlying index”), which is designed to measure the performance of equity securities of U.S. companies headquartered in the State of Texas, as defined by FTSE Russell (the “index provider” or “Russell”). The underlying index is a subset of the Russell 3000 Index, which measures the performance of the broad U.S. equity market, as defined by Russell. The fund is non-diversified.