Invesco Energy Exploration & Production ETF
$44.40+1.31 (+3.04%)
- 0.67%
- $152M
- +59.4%
- 1.45%
- 0.1M sh
- $42.41
- low $27.21high $44.01
The ETF.net PXE Grade
D
Score 37 out of 100
- 9 of 11
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F22 out of 100Rank 9 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D32 out of 100Rank 7 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 6 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 2 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C42 out of 100Rank 9 of 11
Our read on PXE
DPXE doesn't buy US oil and gas producers by size. It runs a quantitative screen and holds the roughly 30 that rank best: a stock-picker's take on exploration and production, wrapped in an index since 2005.
The fund is based on the Dynamic Energy Exploration & Production Intellidex Index, which covers 30 U.S. companies engaged in exploring for and producing natural resources used to generate energy.
Why people hold it
- Rules-based Intellidex screen picks about 30 US exploration and production names on ranked merit rather than sizing them by market cap.invesco.com
- Launched in 2005, making it one of the longest-running energy E&P ETFs on the market, with a record spanning multiple full oil and gas cycles.
- Portfolio construction is the standout piece: one of the better-built books among energy E&P funds, spreading exposure across producers instead of leaning on a couple of giants.
- Distributions land on a quarterly schedule, so cash from the drillers passes through on a set cadence.
Worth knowing
- The screen costs money: 0.61% a year versus a peer-group median near 0.37%, with XOP at 0.35% and PBOG at 0.13% doing E&P for less.
- About 30 stocks, one sector, one commodity story. This is concentrated US energy exposure that tracks oil and gas prices closely.
- A mid-sized fund that trades moderately, not one of the category's liquidity giants, so spreads can run wider than the biggest E&P names.
PXE Holdings
- Stocks
- 34
- 48%
- MPC
Geography
- United States100.00%
PXE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PXE$15,943
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PXE |
|---|---|
| Year to date | +56.0% |
| 1 month | +1.5% |
| 3 months | +24.4% |
| 1 year | +59.4% |
| 3 years | +12.8% |
| 5 years | +19.2% |
| 10 years | +9.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PXE |
|---|---|---|
| 2026 YTD | +56.0% | |
| 2025 | −2.8% | |
| 2024 | −1.9% | |
| 2023 | +7.7% | |
| 2022 | +58.3% | |
| 2021 | +94.1% | |
| 2020 | −36.7% |
PXE in the news
PXE Dividends
- 1.45%
- $0.63
- $0.17 per share
- Quarterly
Distribution history
PXE Risk
- 25.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.29
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −37.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- −0.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PXE Cost
0.67%
PXE0.67%
- The middle half of Oil & Gas Producers funds
- Median 0.39%
7 of the 10 Oil & Gas Producers funds charge less.
Other funds in Oil & Gas Producers
- BFTXNFirst Trust Nasdaq Oil & Gas ETFExpense ratio 0.60%1 year return +56.5%
- CTPYPTortoise North American Pipeline ETFExpense ratio 0.40%1 year return +23.7%
- CIEZiShares U.S. Oil Equipment & Services ETFExpense ratio 0.37%1 year return +53.3%
- DUMIUSCF Midstream Energy Income FundExpense ratio 0.85%1 year return +28.4%
- DAMZAInfraCap MLP ETFExpense ratio 1.72%1 year return +38.7%