- ISIN
- US73935X6581
- CUSIP
- 46137V761
- Issuer
- Invesco
- Inception Date
- Oct 26, 2005
- Region
- North America (U.S.)
- Category
- Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Dynamic Energy Exploration & Production Intellidex Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $80M
Share Price Chart
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Performance
PXE Performance Chart
Invesco Dynamic Energy Exploration & Production ETF (PXE) is up 22.6% since the beginning of the year. PXE is currently trading at $34 per share. Investors who bought $1,000 worth of PXE shares 5 years ago would now be looking at an investment worth $2,109.
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Returns By Period
Invesco Dynamic Energy Exploration & Production ETF (PXE) has returned 22.60% so far this year and 16.08% over the past 12 months. Over the last ten years, PXE has returned 8.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco Dynamic Energy Exploration & Production ETF
- 1D
- 1.80%
- 1M
- -8.65%
- YTD
- 22.60%
- 6M
- 23.04%
- 1Y
- 16.08%
- 3Y*
- 11.82%
- 5Y*
- 16.10%
- 10Y*
- 8.13%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PXE Monthly Returns History
Based on dividend-adjusted daily data since Oct 26, 2005, PXE's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 53% of months were positive and 47% were negative. The best month was Apr 2020 with a return of +68.8%, while the worst month was Mar 2020 at -43.1%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.
On a daily basis, PXE closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +18.7%, while the worst single day was Mar 9, 2020 at -24.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.52% | 10.15% | 17.66% | -1.63% | -7.52% | -4.17% | 22.60% | ||||||
| 2025 | 1.05% | -2.44% | 1.01% | -16.53% | 10.15% | 4.84% | 2.36% | 3.94% | -0.58% | -4.57% | 8.10% | -7.22% | -2.82% |
| 2024 | -1.36% | 5.09% | 12.31% | -3.81% | 0.10% | -3.50% | 1.82% | -4.43% | -7.27% | -3.14% | 12.01% | -7.32% | -1.86% |
| 2023 | 3.08% | -7.51% | -3.33% | -1.15% | -7.16% | 13.15% | 11.00% | 5.73% | 0.03% | -0.80% | -3.44% | 0.07% | 7.69% |
| 2022 | 16.91% | 7.59% | 14.94% | 0.25% | 19.27% | -22.12% | 13.59% | 6.79% | -10.66% | 21.13% | -1.14% | -9.37% | 58.32% |
| 2021 | 8.88% | 31.25% | 2.21% | 2.30% | 12.24% | 8.77% | -13.08% | 0.75% | 17.97% | 9.90% | -7.03% | 0.79% | 94.04% |
Benchmark Metrics
Invesco Dynamic Energy Exploration & Production ETF has an annualized alpha of -0.82%, beta of 1.22, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since October 26, 2005.
- This ETF participated in 132.86% of S&P 500 Index downside but only 121.58% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.42 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -0.82%
- Beta
- 1.22
- R²
- 0.42
- Upside Capture
- 121.58%
- Downside Capture
- 132.86%
Expense Ratio
PXE has an expense ratio of 0.63%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PXE ranks 19 for risk / return — in the bottom 19% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Dynamic Energy Exploration & Production ETF (PXE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PXE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.37 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 2.78 | -1.82 |
| Martin ratioReturn relative to average drawdown | 2.61 | 12.44 | -9.83 |
Dividends
Dividend History
Invesco Dynamic Energy Exploration & Production ETF provided a 2.68% dividend yield over the last twelve months, with an annual payout of $0.91 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.91 | $0.83 | $0.75 | $0.86 | $0.90 | $0.36 | $0.42 | $0.28 | $0.22 | $0.35 | $1.53 | $0.57 |
Dividend yield | 2.68% | 2.98% | 2.54% | 2.78% | 3.03% | 1.86% | 4.10% | 1.70% | 1.29% | 1.54% | 6.62% | 2.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Dynamic Energy Exploration & Production ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.17 | $0.27 | ||||||
| 2025 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.18 | $0.83 |
| 2024 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.75 |
| 2023 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.26 | $0.86 |
| 2022 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.31 | $0.90 |
| 2021 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.17 | $0.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Dynamic Energy Exploration & Production ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco Dynamic Energy Exploration & Production ETF was 83.99%, occurring on Mar 23, 2020. Recovery took 550 trading sessions.
The current Invesco Dynamic Energy Exploration & Production ETF drawdown is 15.20%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -83.99%Mar 2020 | 5y 9mo | 2y 2mo | 7y 11moJun 2014 - May 2022 |
Financial crisis2007–2009 | -68.17%Mar 2009 | 8mo 16d | 3y 11mo | 4y 7moJun 2008 - Jan 2013 |
2025 selloff2025 | -37.65%Apr 2025 | 1y | 11mo 8d | 1y 11moApr 2024 - Mar 2026 |
Bear market2022 | -33.34%Jul 2022 | 28d | 1y 8mo | 1y 9moJun 2022 - Mar 2024 |
2006 bear market2006 | -20.22%Jun 2006 | 1mo 20d | 1mo 18d | 3mo 8dApr 2006 - Jul 2006 |
Drawdown Indicators
| PXE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.99% | -56.78% | -27.21% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -9.10% | -7.60% |
Max Drawdown (3Y)Largest decline over 3 years | -37.65% | -18.90% | -18.75% |
Max Drawdown (5Y)Largest decline over 5 years | -37.65% | -25.43% | -12.22% |
Max Drawdown (10Y)Largest decline over 10 years | -80.17% | -33.92% | -46.25% |
Current DrawdownCurrent decline from peak | -15.20% | -1.80% | -13.40% |
Average DrawdownAverage peak-to-trough decline | -27.95% | -10.71% | -17.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.32% | 2.03% | +4.29% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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