DRAY vs TEXX

Comparison between YIELDMAX(R) DKNG OPTION INCOME STRATEGY ETF (DRAY, ETF) and HORIZON KINETICS TEXAS ETF (TEXX, ETF).

5-Year PerformanceTEXX has outperformed DRAY, delivering a return of +164.7% compared to +24.4%

DRAY vs TEXX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DRAY(ETF)	TEXX(ETF)
Net Assets	$2.90M	$2.90M
Expense Ratio	1.03%	0.85%
Max Drawdown	71.44%	99.98%
Sharpe Ratio	0.87	1.00
5Y Beta	0.67	0.10
P/E Ratio	N/A	26.25
Forward P/E	N/A	14.20
5Y EPS CAGR	N/A	12.63%
P/S Ratio	N/A	1.80
P/B Ratio	N/A	2.82

Net Assets

DRAY

$2.90M

TEXX

$2.90M

Expense Ratio

DRAY

1.03%

Winner

TEXX

0.85%

Max Drawdown

Winner

DRAY

71.44%

TEXX

99.98%

Sharpe Ratio

DRAY

0.87

Winner

TEXX

1.00

5Y Beta

DRAY

0.67

Winner

TEXX

0.10

P/E Ratio

DRAY

N/A

TEXX

26.25

Forward P/E

DRAY

N/A

TEXX

14.20

5Y EPS CAGR

DRAY

N/A

TEXX

12.63%

P/S Ratio

DRAY

N/A

TEXX

1.80

P/B Ratio

DRAY

N/A

TEXX

2.82

DRAY vs TEXX - Holdings Comparison

DRAY and TEXX have 0 common holdings. Overlap is 0.00%

DRAY's top 25 holdings weight is 7.36%. TEXX's top 25 holdings weight is 91.60%.

Rank	DRAY	TEXX
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 7.36%	PERMIAN BASIN ROYALTY TRUST (PBT) - 8.16%
#2	N/A	US BANK MMDA USBGFS 7 (n/a) - 6.93%
#3	N/A	LANDBRIDGE CO LLC CLASS A SHARES (LB) - 6.59%
#4	N/A	TEXAS PACIFIC LAND CORP (TPL) - 4.70%
#5	N/A	DIAMONDBACK ENERGY INC (FANG) - 4.47%
#6	N/A	SLB LTD (SLB) - 4.25%
#7	N/A	QUANTA SERVICES INC (PWR) - 4.04%
#8	N/A	WATERBRIDGE INFRASTRUCTURE LLC ORDINARY SHARES CLASS A (WBI) - 3.63%
#9	N/A	OCCIDENTAL PETROLEUM CORP (OXY) - 3.47%
#10	N/A	EOG RESOURCES INC (EOG) - 3.27%
#11	N/A	PLAINS ALL AMERICAN PIPELINE LP (PAA) - 3.21%
#12	N/A	CONOCOPHILLIPS (COP) - 3.11%
#13	N/A	EXXON MOBIL CORP (XOM) - 3.06%
#14	N/A	KINDER MORGAN INC CLASS P (KMI) - 3.00%
#15	N/A	ENTERPRISE PRODUCTS PARTNERS LP (EPD) - 2.99%
#16	N/A	CHEVRON CORP (CVX) - 2.97%
#17	N/A	ENERGY TRANSFER LP (ET) - 2.87%
#18	N/A	SABINE ROYALTY TRUST (SBR) - 2.84%
#19	N/A	CENTERPOINT ENERGY INC (CNP) - 2.79%
#20	N/A	FLUOR CORP (FLR) - 2.78%
#21	N/A	VISTRA CORP (VST) - 2.67%
#22	N/A	COMMERCIAL METALS CO (CMC) - 2.51%
#23	N/A	KIMBERLY-CLARK CORP (KMB) - 2.48%
#24	N/A	D.R. HORTON INC (DHI) - 2.42%
#25	N/A	NRG ENERGY INC (NRG) - 2.39%
Total Holdings	1	34

DRAY vs TEXX - Historical Returns

Returns include dividend reinvestment.

Period	DRAY	TEXX
1 month	+1.77%	-0.98%
3 months	+5.74%	+2.41%
6 months	-28.41%	N/A
1 year	-42.75%	N/A
5 years(CAGR)	+24.43%	+164.68%
10 years(CAGR)	N/A	+179.24%
Max(CAGR)	+24.43%	+9.84%

Winner

DRAY

+1.77%

TEXX

-0.98%

Winner

DRAY

+5.74%

TEXX

+2.41%

DRAY

-28.41%

TEXX

N/A

DRAY

-42.75%

TEXX

N/A

5Y(CAGR)

DRAY

+24.43%

Winner

TEXX

+164.68%

10Y(CAGR)

DRAY

N/A

TEXX

+179.24%

Max(CAGR)

Winner

DRAY

+24.43%

TEXX

+9.84%

DRAY vs TEXX - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	DRAY	TEXX
2026	-30.76%	+12.44%
2025	-19.31%	N/A
2023	+0.39%	N/A
2022	+4.09%	N/A
2021	-2.48%	N/A
2017	N/A	+0.00%
2016	N/A	+400.00%
2015	N/A	-75.00%
2014	N/A	-42.86%
2013	N/A	+16.67%
2012	N/A	-23.08%
2011	N/A	-96.29%
2009	N/A	+0.00%

DRAY vs TEXX Drawdown Comparison

The maximum drawdown for DRAY was -57.86%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for TEXX was -99.98%, occurring on Dec 8, 2015. Recovery took 1562 trading sessions.

The current DRAY drawdown is -48.54%. The current TEXX drawdown is -3.28%.

Rank	DRAY	TEXX
#1	-57.86% Aug 28, 2025 - Mar 27, 2026	-99.98% Oct 30, 2009 - Jan 22, 2026
#2	-5.03% Aug 7, 2025 - Aug 18, 2025	-4.97% Apr 30, 2026 - May 18, 2026
#3	-4.85% Aug 26, 2021 - Nov 28, 2022	-4.30% Mar 27, 2026 - Apr 30, 2026
#4	-3.03% Jul 30, 2025 - Aug 7, 2025	-3.84% May 22, 2026 - May 29, 2026
#5	-2.27% Jul 25, 2025 - Jul 30, 2025	-3.36% Mar 2, 2026 - Mar 27, 2026
#6	-1.29% Aug 18, 2025 - Aug 20, 2025	-1.79% Jan 29, 2026 - Feb 4, 2026
#7	-0.73% Jul 23, 2025 - Jul 25, 2025	-1.24% Feb 11, 2026 - Feb 13, 2026
#8	-0.44% Jul 15, 2025 - Jul 17, 2025	-0.99% Feb 4, 2026 - Feb 6, 2026
#9	-0.28% Jul 17, 2025 - Jul 21, 2025	-0.72% Feb 13, 2026 - Feb 19, 2026
#10	-0.21% Aug 22, 2025 - Aug 26, 2025	-0.70% Jan 23, 2026 - Jan 28, 2026
#11	-0.20% Dec 19, 2022 - Dec 28, 2022	-0.53% Feb 20, 2026 - Feb 24, 2026
#12	-0.10% Dec 15, 2022 - Dec 19, 2022	-0.52% Feb 24, 2026 - Feb 26, 2026
#13	-0.05% Dec 29, 2022 - Jan 5, 2023	N/A
#14	-0.04% Aug 26, 2025 - Aug 28, 2025	N/A

Correlation

Correlation between DRAY and TEXX is -0.70 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.70

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