ETF & Funds Management
News
Liquidation of the Texas Small Cap Equity Index ETF
After careful consideration of the Fund’s size, asset composition and growth trajectory, the Board determined that it is advisable and in the best interest of the Fund and its shareholders to liquidate the Fund.
What’s the Fund: Texas Capital Texas Oil Index ETF
Carlos Pena joins Judy Shaw on What’s the Fund? at the New York Stock Exchange to discuss the Texas Oil Index ETF.
New York State of Mind
See the highlights from Texas Capital’s ringing of The Closing Bell® at the NYSE and related executive interviews while in New York.
Announcements
Texas Capital’s TXS and OILT ETFs Now Trading on the Texas Stock Exchange
Two Texas-focused funds are TXSE’s first primary listings.
The Dallas Morning News: Texas Stock Exchange gets first primary listings from Y’all Street neighbor
Texas Capital to move two exchange-traded funds to TXSE.
Texas Capital’s TXS and OILT to Become First Primary Listings on the Texas Stock Exchange
The move positions Texas Capital’s ETFs alongside an exchange that shares the firm’s conviction in the resilience, dynamism and economic opportunity of Texas.
Resources
Texas Economic Information
Please utilize the resources below to learn more about the economy in the state of Texas, as well as which businesses and sectors help fuel it.
Our Team

Steve Orr
Managing Director,
Chief Investment Officer
Meet Steve

Carlos Pena
Executive Director,
Head of ETF & Funds Management
Meet Carlos
Insights

Quarterly Commentary
Read more about our market trends, fund performance, and portfolio adjustments with insights into key drivers of returns and challenges faced throughout the past quarter.
Read Commentary
Connect with our sales team.
Have further questions?
To learn more about our ETF & Funds Management solutions and to speak with our sales team call us
at 844.TCB.ETFS (844.822.3837).
Investors should carefully consider the investment objectives, risks, and charges of the fund before investing. The prospectus contains this information and other information about the fund, and it should be read carefully before investing. Investors can obtain a copy of the prospectus by calling 844.TCB.ETFS (844.822.3837).
This website should not be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction. Nothing on this website is intended to be investment, tax, financial or legal advice.
Not a Deposit. Not FDIC Insured. Not Guaranteed by the Bank. May Lose Value. Not Insured by any Federal Government Agency.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund’s return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
Geographic Concentration Risk. Because the Funds and their underlying Index will invest only in issuers headquartered in a particular geographic region, the Funds’ performance is expected to be closely tied to various factors such as social, financial, economic, and political conditions within that region. Events that negatively affect that region may cause the value of the Funds’ shares to decrease, in some cases significantly. As a result, the Funds may be more volatile than more geographically diverse funds.
Energy Sector Risk. Companies operating in the energy sector are subject to risks including, but not limited to, economic growth, worldwide demand, political instability in the regions that the companies operate, government regulation stipulating rates charged by utilities, interest rate sensitivity, oil price volatility, energy conservation, environmental policies, depletion of resources and the cost of providing the specific utility services and other factors that they cannot control.
Oil and Gas Companies Risk. Oil and gas companies develop and produce crude oil and natural gas and provide drilling and other energy resources production and distribution related services. Stock prices for these types of companies are affected by supply and demand both for their specific product or service and for energy products in general. The price of oil and gas, exploration and production spending, government regulation, world events and economic conditions will likewise affect the performance of these companies. Correspondingly, securities of oil and gas companies are subject to swift price and supply fluctuations caused by events relating to international politics, energy conservation, the success of exploration projects and tax and other governmental regulatory policies. Weak demand for the companies’ products or services or for energy products and services in general, as well as negative developments in these and other areas, would adversely impact the performance of the Fund. Oil and gas exploration and production can be significantly affected by natural disasters as well as changes in exchange rates, interest rates, government regulation, world events and economic conditions. These companies also may be at risk for environmental damage claims.
Although the Texas Capital Government Money Market ETF will seek to qualify as a “government money market fund,” it will not seek to maintain a stable net asset value (“NAV”) per share using the amortized cost method of valuation. Instead, the Fund will calculate its NAV per share based on the market value of its investments. In addition, unlike a traditional money market fund, the Fund operates as an exchange traded fund (“ETF”). As an ETF, the Fund’s shares will be traded on the Exchange and will generally fluctuate in accordance with changes in NAV as well as the relative supply of, and demand for, Shares on the Exchange. You could lose money by investing in the Fund. Because the share price and NAV of the Fund will fluctuate, when shares are sold on the Exchange (or redeemed, in the case of an Authorized Participant), they may be worth more or less than what was originally paid for them.
You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress.
Texas Capital Bank Wealth Management Services, Inc., d/b/a Texas Capital Bank Private Wealth Advisors (“PWA”), a wholly owned subsidiary of Texas Capital Bank serves as investment adviser to Texas Capital Funds Trust (a Delaware statutory trust formed in 2023 and registered as an open-end management investment company under the Investment Company Act of 1940) for its funds (the “Funds”) and is paid a fee for its services. Shares of the Funds are not deposits or obligations of, or guaranteed or endorsed by, Texas Capital Bank or its affiliates. The Funds are not insured by the FDIC or any other government agency. The Funds are distributed by Northern Lights Distributors, LLC, member FINRA/SIPC, which is not affiliated with Texas Capital Bank Private Wealth Advisors, Charles Schwab, Citadel Securities and J.P. Morgan.