PXE
Invesco Energy Exploration & Production ETF
The Invesco Dynamic Energy Exploration & Production Portfolio ETF tracks an index of U.S. energy exploration and production companies selected and weighted by growth and value metrics.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 90.5 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Oct 26, 2005 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MARATHON PETROLEUM | 5.4 % |
| VALERO ENERGY CORP | 5.3 % |
| ANTERO RESOURCES CORP | 5.2 % |
| EQT CORP | 5.2 % |
| DEVON ENERGY CORPORATION | 4.8 % |
| COTERRA ENERGY INC. | 4.8 % |
| OCCIDENTAL PETROLEUM CORP | 4.8 % |
| EOG RESOURCES, INC. | 4.5 % |
| MURPHY OIL CORP | 3.4 % |
| CNX RESOURCES CORPORATION | 3.0 % |
Constituent Breakdown
| Number of holdings | 27 |
| Herfindahl-Hirschman Index | 365 |
| Wgt avg mkt cap (mns) | $16,514 |
| Large cap (>$10bn) | 40.0% |
| Mid cap ($2-10bn) | 38.4% |
| Small cap (<$2bn) | 13.2% |
| Developed mkts. | 91.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 89.0 % |
 |
CANADA | 2.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 27.6% | 32.5% | 1.7% | 12.9% | 16.0% | 5.0% | 3.6% | 4.0% |
| Dividend Yield | 0.3% | 3.3% | 2.6% | 2.9% | 3.2% | 3.2% | 2.2% | 2.1% |
| Total Returns | 27.9% | 35.8% | 4.3% | 15.8% | 19.2% | 8.2% | 5.8% | 6.1% | Ann. Volatility | 30.2% | 27.5% | 30.2% | 27.8% | 33.7% | 37.0% | 36.3% | 36.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -0.11 | 0% |
| MSCI EAFE | -0.28 | 2% |
| MSCI Emg Mkts | -0.17 | 1% |
Liquidity Measures
| Avg. volume (000) | 38 |
| ADV traded (mns) | $1 |
| Turnover | 1.5% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $36.84 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -0.21/0.02 |
| Bollinger Bands (Upper/Lower) | $39.25/$34.93 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PXE |
Expenses vs. PXE |
ALTAR Score™ vs. PXE |
|---|---|---|---|---|
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 52.7% | -25 bp | -2.0% |
| FCG | First Trust Natural Gas ETF | 49.5% | 0 bp | +0.6% |
| LNGX | Global X U.S. Natural Gas ETF | 44.1% | -15 bp | -1.7% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 39.5% | -20 bp | -1.9% |
| DRLL | Strive U.S. Energy ETF | 37.2% | -19 bp | -3.9% |
| FXN | First Trust Energy AlphaDEX Fund | 35.6% | +2 bp | -1.8% |
| RSPG | Invesco S&P 500 Equal Weight Energy ETF | 34.2% | -20 bp | -3.4% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 32.6% | 0 bp | -3.0% |
| FTIF | First Trust Bloomberg Inflation Sensitive Equity ETF | 24.7% | 0 bp | -3.8% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | 23.4% | 0 bp | -5.5% |
Risk and Returns: PXE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
11.7%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. PXE's ALTAR Score™ is approximately 3.1 standard
deviations above the category average. This places PXE in the 99th percentile
among funds in the category.
Sell-Side Consensus
$37.78
PRICE TARGET
+2.8%
UPSIDE