Invesco Dorsey Wright Energy Momentum ETF
$62.23+0.00 (+0.00%)
- Expense ratio
- 0.85%
- Fund size
- $58M
- 1Y return
- +38.0%
- Yield · Last 12 months
- 1.16%
- Holdings
- 48
- Volume · 30D
- 0M sh
- NAV per share
- $63.31
- 52W range
The ETF.net PXI Grade
Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 8Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 34Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 48Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 90Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 54Category rank
Our read on PXI
DMomentum, applied to the oil patch. PXI ranks energy stocks on relative strength and holds the ones already winning, reshuffling as leadership rotates. A 2006-vintage strategy fund priced well above the plain-vanilla energy crowd.
The fund seeks to track the Dynamic Energy Sector Intellidex Index by investing primarily in its constituent securities. The index selects energy companies using investment-merit criteria that include momentum measures.
Why people hold it
- Rules-based relative strength: the index screens energy names on price momentum and holds the leaders, rebalancing as leadership rotates rather than ranking by company size.invesco.com
- Trading since 2006, so the strategy has a live record through shale booms, a crude collapse and a pandemic, not a backtest.
- Weight is spread across roughly 50 energy names instead of leaning on one or two majors, one of the better-diversified portfolios in the broad energy group.
Worth knowing
- At 0.78% a year it costs well above the broad energy median, and index rivals like XLE, FENY and VDE charge a small fraction of that. The screen has a fee gap to close.
- Thinly traded on a modest asset base, so bid/ask spreads can run wider than the category giants. Felt most on larger orders.
- Momentum buys what has already worked. When energy leadership flips, the fund can be holding the last move's winners into the turn.
PXI Holdings
- Stocks
- 48
- 45%
- MPC
Sectors
- Energy94.4%
- Materials5.6%
Geography
- United States96.14%
- Bermuda2.23%
- Switzerland1.64%
PXI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | PXI |
|---|---|
| Year to date | +38.7% |
| 1 month | −2.4% |
| 3 months | +12.8% |
| 1 year | +38.0% |
| 3 years | +13.1% |
| 5 years | +20.1% |
| 10 years | +6.4% |
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 | PXI |
|---|---|---|
| 2026 YTD | +38.7% | |
| 2025 | +3.8% | |
| 2024 | +0.8% | |
| 2023 | +5.5% | |
| 2022 | +45.8% | |
| 2021 | +75.1% | |
| 2020 | −35.8% |
PXI in the news
ETF.net Research hasn’t filed on PXI yet — coverage lands here as it’s written.
PXI Dividends
- 1.16%
- $0.72
- $0.20 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.20 |
| Jun 22, 2026 | Jun 26, 2026 | $0.18 |
| Mar 23, 2026 | Mar 27, 2026 | $0.10 |
| Dec 22, 2025 | Dec 26, 2025 | $0.23 |
| Sep 22, 2025 | Sep 26, 2025 | $0.22 |
| Jun 23, 2025 | Jun 27, 2025 | $0.21 |
| Mar 24, 2025 | Mar 28, 2025 | $0.16 |
| Dec 23, 2024 | Dec 27, 2024 | $0.18 |
| Sep 23, 2024 | Sep 27, 2024 | $0.22 |
| Jun 24, 2024 | Jun 28, 2024 | $0.19 |
| Mar 18, 2024 | Mar 22, 2024 | $0.08 |
| Dec 18, 2023 | Dec 22, 2023 | $0.16 |
PXI Risk
- 20.9%
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.
- 0.53
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.
- −33.5%
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.
- 0.31
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PXI Cost
- The middle half of Energy (Broad) funds
- Median 0.46%
20 of the 24 Energy (Broad) funds charge less.