Skip to content
etf.net

PBOG vs PXE

Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF

PBOGBNasdaq

Invesco Energy Exploration & Production ETF

PXEDNYSE Arca

Overlap

Expense ratio

PBOG −0.50pt a year

PBOG0.13%PXE0.63%

Avg volume · 30D

PBOG 1.6×the volume

PBOG73.2KPXE44.5K

PBOG vs PXE Performance

Dec 31, 2025 – Oct 30, 2026

+56.3%PBOG+62.9%PXE

Dec 31, 2025 to Oct 30, 2026. PBOG +56.3%. PXE +62.9%. Use the arrow keys to read each point.0%10%20%30%40%Dec 2025Jun 2026Oct 2026
Expense ratio
PBOG 0.13%, better
PXE 0.63%
Fund size
PBOG $520M
PXE $174M
1Y total return
PBOG No data
PXE +63.3%
Yield (12M)
PBOG No data
PXE 1.39%
Holdings
PBOG 38
PXE 33
Avg volume (30D)
PBOG 73.2K sh, better
PXE 44.5K sh
NAV per share
PBOG $38.72
PXE $44.95
52W range

ETF.net Grade

PBOG: Cost 94, Risk 50, Mission not scored, Tradability 33, Holdings 22, Durability 23. PXE: Cost 24, Risk 33, Mission not scored, Tradability 37, Holdings 82, Durability 37.
Pillar letters and Scores for PBOG, PXE, with each pillar’s weight
PillarPBOGPXE
Cost30% weightA94HigherF24
Mission25% weightNot scoredNot scored
Risk15% weightC50HigherD33
Tradability15% weightD33D37Higher
Holdings10% weightF22A82Higher
Durability5% weightF23D37Higher

Rank among Oil & Gas Producers funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PBOG and PXE are both graded against the same 10 Oil & Gas Producers funds, so their Grades compare head to head.

Oil & Gas Producers⁠

Category · 10 funds
See all 10 ›

PBOG ranks 5th and PXE 8th of 10 funds in the Oil & Gas Producers Category.

  1. Rank 4BIEOiShares U.S. Oil & Gas Exploration & Production ETFScore 59
  2. Rank 5BPBOGPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETFScore 58
  3. Rank 6CTPYPTortoise North American Pipeline ETFScore 51
  4. Rank 7CIEZiShares U.S. Oil Equipment & Services ETFScore 44
  5. Rank 8DPXEInvesco Energy Exploration & Production ETFScore 37
  6. Rank 9DUMIUSCF Midstream Energy Income FundScore 34

Our read on each fund

ETF.net Research

PBOGBPortfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF

PXEDInvesco Energy Exploration & Production ETF

In short

PBOG Oil majors and the wildcatters in one ticker for 0.13% a year. A late-2025 launch from a lineup designed as portfolio slices, and the cheapest door into this corner of energy among its peers.

PXE The quant twist on US drillers. Rather than rank every exploration and production name by size, PXE's Intellidex index scores them on momentum, earnings momentum, quality, management action and value, then holds about 30. Trading since 2005.

Stated mandate

PBOG The Fund is an actively managed exchange-traded fund that seeks capital appreciation.

PXE 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

  • PBOG Charges 0.13% a year against a 0.37% median for its oil and gas peer group. The other top-ranked funds in that group (XOP, OIH, IXC, IEO) all charge 0.35% or more.
  • Covers both sides of the barrel: integrated majors plus exploration and production names. XOP and IEO stay on the E&P side; OIH holds the service companies.
  • Pulled in hundreds of millions of dollars within months of launch, one of three Portfolio Building Block ETFs Nasdaq began listing in November 2025.nasdaqtrader.com
  • PXE The index screens US exploration and production companies on price momentum, earnings momentum, quality, management action and value, then holds about 30. Not a size-ranked roster.invesco.com
  • Listed in 2005, it predates most of the E&P shelf and has traded through multiple oil booms and busts with the same rules-based approach.
  • Portfolio makeup is the fund's strongest suit in this peer group: roughly 30 US energy names, spread across the field instead of anchored to one or two giants.
  • Physical stock ownership, at least 90% of assets in index constituents, and cash gets passed along quarterly.invesco.com

Worth knowing

  • PBOG Launched in November 2025, so the track record is thin and any read on its risk profile rests on a short window.
  • One sector, one commodity. When crude drops, there is nothing else in the basket to cushion it.
  • Volume is moderate rather than deep, so spreads can widen around the open and close. Limit orders earn their keep.
  • PXE The screen costs: 0.63% net of a waiver through August 31, 2028 (0.67% gross), above the category median. XOP charges 0.35%, IEO 0.37%, PBOG 0.13%.
  • Thinly traded next to the category's heavyweights, so the gap between bid and ask can be wider at the moment you buy or sell.
  • About 30 stocks in one slice of one sector. Drilling economics swing with the oil price, and each holding carries real weight.

Full PBOG profile⁠

Full PXE profile⁠

PBOG vs PXE Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PBOG vs PXE Cost

Overpaying PXE vs PBOG

$9,633

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PBOG 0.13%

    $2,726

  • PXE 0.63%

    $12,359

$10,000
30 years

Cost over time

  • PBOG 0.13%
  • PXE 0.63%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PXE $12,359PBOG $2,726

Year by year

YearPBOGPXEOverpaying
10$238$1,128$890
20$930$4,311$3,381
30$2,726$12,359$9,633

Expense ratio

  • 0.13%PBOG, cheaper
  • 0.63%PXE
  • Middle half of Oil & Gas Producers funds
  • Median 0.39%

PBOG cheapest of 10 funds

PXE 8th cheapest of 10 funds

PBOG vs PXE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PBOG No data
PXE 1.39%
Payout (12M)
PBOG No data
PXE $0.63
Last payment
PBOG $0.04
PXE $0.17
Ex-dividend
PBOG Dec 24, 2025
PXE Sep 21, 2026
Paid on
PBOG Dec 26, 2025
PXE Sep 25, 2026
Frequency
PBOG Irregular
PXE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

PBOGIrregular · 1 paymentAll PBOG payments⁠
One bar per payment. 1 payment from 2017 to 2026 YTD. Dec 24, 2025 $0.04. Use the arrow keys to read each point.$0$0.252017202020232026YTD
PXEQuarterly · 38 paymentsAll PXE payments⁠
One bar per payment. 38 payments from 2017 to 2026 YTD. Jun 16, 2017 $0.20; Sep 18, 2017 $0.08; Dec 18, 2017 $0.07; Mar 19, 2018 $0.04; Jun 18, 2018 $0.07; Sep 24, 2018 $0.04; Dec 24, 2018 $0.07; Mar 18, 2019 $0.05; Jun 24, 2019 $0.07; Sep 23, 2019 $0.07; Dec 23, 2019 $0.10; Mar 23, 2020 $0.04; Jun 22, 2020 $0.09; Sep 21, 2020 $0.12; Dec 21, 2020 $0.16; Mar 22, 2021 $0.03; Jun 21, 2021 $0.04; Sep 20, 2021 $0.13; Dec 20, 2021 $0.17; Mar 21, 2022 $0.11; Jun 21, 2022 $0.17; Sep 19, 2022 $0.30; Dec 19, 2022 $0.31; Mar 20, 2023 $0.25; Jun 20, 2023 $0.19; Sep 18, 2023 $0.16; Dec 18, 2023 $0.26; Mar 18, 2024 $0.16; Jun 24, 2024 $0.18; Sep 23, 2024 $0.21; Dec 23, 2024 $0.20; Mar 24, 2025 $0.19; Jun 23, 2025 $0.25; Sep 22, 2025 $0.21; Dec 22, 2025 $0.18; Mar 23, 2026 $0.10; Jun 22, 2026 $0.17; Sep 21, 2026 $0.17. Use the arrow keys to read each point.$0$0.252017202020232026YTD

PBOG vs PXE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PBOG No dataPXE 26.4%
Return per unit of riskSharpe ratio, 3 years
PBOG No dataPXE 0.47
Worst fallMax drawdown, 5 years
PBOG No dataPXE −37.7%
Market sensitivityBeta, 5 years
PBOG −1.00PXE −0.08

PBOG and PXE in the news

All news⁠

Popular comparisons

  • PBOGBvsXOPA

    Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF · State Street SPDR S&P Oil & Gas Exploration & Production ETF

    Expense ratio
    0.13% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PXEDvsXOPA

    Invesco Energy Exploration & Production ETF · State Street SPDR S&P Oil & Gas Exploration & Production ETF

    Expense ratio
    0.63% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PBOGBvsFTXNB

    Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF · First Trust Nasdaq Oil & Gas ETF

    Expense ratio
    0.13% · 0.60%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PXEDvsFTXNB

    Invesco Energy Exploration & Production ETF · First Trust Nasdaq Oil & Gas ETF

    Expense ratio
    0.63% · 0.60%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PBOGBvsOIHB

    Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF · VanEck Oil Services ETF

    Expense ratio
    0.13% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PXEDvsOIHB

    Invesco Energy Exploration & Production ETF · VanEck Oil Services ETF

    Expense ratio
    0.63% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.