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
$ 94.7 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 +
| 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 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.5% | 14.5% | 2.1% | 5.8% | 18.2% | 7.1% | 3.4% | 3.7% |
| Dividend Yield | 0.0% | 3.3% | 2.7% | 3.0% | 3.2% | 3.3% | 2.2% | 2.1% |
| Total Returns | 19.5% | 17.8% | 4.9% | 8.8% | 21.4% | 10.4% | 5.6% | 5.8% | Ann. Volatility | 28.4% | 33.7% | 28.8% | 28.1% | 34.1% | 37.2% | 36.2% | 36.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.07 | 38% |
| MSCI EAFE | 1.01 | 24% |
| MSCI Emg Mkts | 0.90 | 23% |
Liquidity Measures
| Avg. volume (000) | 63 |
| ADV traded (mns) | $2 |
| Turnover | 2.6% |
| Avg. Bid/Ask (% of price) | 0.11% |
Technical Indicators
| 30d moving avg. (EMA) | $35.56 |
| Relative strength (RSI) | 76 |
| MACD/Signal | 1.81/1.55 |
| Bollinger Bands (Upper/Lower) | $39.99/$32.93 |
| Short interest (% of AUM) | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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 | 54.3% | 0 bp | +0.5% |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 52.1% | -25 bp | -1.8% |
| LNGX | Global X U.S. Natural Gas ETF | 45.9% | -15 bp | -1.8% |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | 43.5% | -20 bp | -1.7% |
| FXN | First Trust Energy AlphaDEX Fund | 41.0% | +2 bp | -1.1% |
| DRLL | Strive U.S. Energy ETF | 36.1% | -19 bp | -3.6% |
| FTXN | First Trust Nasdaq Oil & Gas ETF | 34.5% | 0 bp | -2.7% |
| RSPG | Invesco S&P 500 Equal Weight Energy ETF | 34.2% | -20 bp | -3.0% |
| FTIF | First Trust Bloomberg Inflation Sensitive Equity ETF | 27.0% | 0 bp | -2.8% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | 23.4% | 0 bp | -4.9% |
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 4/3/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
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
11.0%
ALTAR SCORE™
99th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. PXE's ALTAR Score™ is approximately 2.5 standard
deviations above the category average. This places PXE in the 99th percentile
among funds in the category.
Sell-Side Consensus
$37.44
PRICE TARGET
-2.7%
UPSIDE