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
$ 87.7 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 +
| VALERO ENERGY CORP | 5.3 % |
| MARATHON PETROLEUM | 5.3 % |
| EOG RESOURCES, INC. | 5.2 % |
| DIAMONDBACK ENERGY INC | 5.1 % |
| DEVON ENERGY CORPORATION | 5.1 % |
| CONOCOPHILLIPS | 5.0 % |
| OCCIDENTAL PETROLEUM CORP | 4.9 % |
| EQT CORP | 4.9 % |
| DELEK US HOLDINGS INC | 2.9 % |
| NATIONAL FUEL GAS CO | 2.8 % |
Constituent Breakdown
| Number of holdings | 33 |
| Herfindahl-Hirschman Index | 367 |
| Wgt avg mkt cap (mns) | $33,177 |
| Large cap (>$10bn) | 56.8% |
| Mid cap ($2-10bn) | 32.4% |
| Small cap (<$2bn) | 2.5% |
| Developed mkts. | 91.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.8 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 38.2% | 34.9% | 7.1% | 7.7% | 19.3% | 6.9% | 3.4% | 4.3% |
| Dividend Yield | 1.1% | 2.9% | 2.7% | 2.7% | 3.4% | 2.7% | 2.2% | 2.2% |
| Total Returns | 39.3% | 37.8% | 9.8% | 10.4% | 22.6% | 9.6% | 5.6% | 6.5% | Ann. Volatility | 29.5% | 27.8% | 30.8% | 27.8% | 33.3% | 37.0% | 36.2% | 36.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -0.20 | 1% |
| MSCI EAFE | -0.32 | 3% |
| MSCI Emg Mkts | -0.15 | 2% |
Liquidity Measures
| Avg. volume (000) | 26 |
| ADV traded (mns) | $1 |
| Turnover | 1.1% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $36.50 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.75/0.59 |
| Bollinger Bands (Upper/Lower) | $39.26/$33.95 |
| 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 |
|---|---|---|---|---|
| FCG | First Trust Natural Gas ETF | 62.3% | 0 bp | +1.1% |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 62.0% | -25 bp | -1.9% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 57.4% | -20 bp | -2.1% |
| LNGX | Global X U.S. Natural Gas ETF | 50.2% | -15 bp | -1.5% |
| FXN | First Trust Energy AlphaDEX Fund | 49.3% | +2 bp | -1.5% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 46.9% | 0 bp | -3.0% |
| DRLL | Strive U.S. Energy ETF | 43.5% | -19 bp | -4.1% |
| FTIF | First Trust Bloomberg Inflation Sensitive Equity ETF | 31.5% | 0 bp | -3.8% |
| XLE | Energy Select Sector SPDR | 31.4% | -52 bp | -4.8% |
| VDE | Vanguard Energy ETF | 29.0% | -51 bp | -4.7% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 8/9/2026
Peer Group Comparison
Sample data. Subscribe for access.
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
12.0%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,402 funds in the US Equity category with an average
ALTAR Score™ of 5.2% and a standard deviation
of 2.0%. PXE's ALTAR Score™ is approximately 3.4 standard
deviations above the category average. This places PXE in the 99th percentile
among funds in the category.
Sell-Side Consensus
$37.76
PRICE TARGET
+3.6%
UPSIDE