Invesco Dynamic Energy Exploration & Production ETF (PXE) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PXE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PXE
PXE charges 0.63% annually. There are 37 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 36.33B | Dec 1998 | PXE vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | PXE vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.80B | Sep 2004 | PXE vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 408.55M | Nov 2025 | PXE vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | PXE vs GXPE |
Best Risk-Adjusted Alternatives to PXE
PXE has a PortfoliosLab risk / return rank of 32. There are 45 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | 91 | 540.66M | Nov 2022 | PXE vs EIPX | |
| VanEck Oil Refiners ETF | 91 | 164.75M | Aug 2015 | PXE vs CRAK | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | 90 | 7.18M | May 2025 | PXE vs USNG | |
| Invesco Dynamic Oil & Gas Services ETF | 88 | 65.49M | Oct 2005 | PXE vs PXJ | |
| Bastion Energy ETF | 87 | — | Jun 2025 | PXE vs BESF |
Top Performing PXE Alternatives (YTD)
PXE is at 30.28% YTD. There are 14 ETFs in the Energy Equities category with higher YTD returns, going as high as 42.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Dynamic Oil & Gas Services ETF | 42.99% | 65.49M | Oct 2005 | PXE vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 42.13% | — | Jul 2025 | PXE vs DVXE | |
| VistaShares Electrification Supercycle ETF | 41.57% | 64.26M | Oct 2025 | PXE vs POW | |
| VanEck Oil Refiners ETF | 40.46% | 164.75M | Aug 2015 | PXE vs CRAK | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 40.28% | 382.22M | Jun 2006 | PXE vs XES |
Lowest Volatility Alternatives to PXE
PXE has 27.75% 1-year volatility. There are 51 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 10.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Global Listed Infrastructure ETF | 10.98% | 6.30M | Nov 2023 | PXE vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.43% | 540.66M | Nov 2022 | PXE vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.74% | 1.14B | Nov 2022 | PXE vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.79% | 152.76M | Apr 2024 | PXE vs MDST | |
| NEOS MLP & Energy Infrastructure High Income ETF | 13.31% | 746.33M | Dec 2025 | PXE vs MLPI |
Lowest Drawdown Alternatives to PXE
PXE has a 1-year max drawdown of -16.70%. There are 36 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 540.66M | Nov 2022 | PXE vs EIPX | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | PXE vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.14B | Nov 2022 | PXE vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | -6.74% | 152.76M | Apr 2024 | PXE vs MDST | |
| Amplify Samsung U.S. Natural Gas Infrastructure ET... | -6.82% | 7.18M | May 2025 | PXE vs USNG |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 61 | 17.43% | 481.14B | Mar 1999 | PXE vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 65 | 28.67% | 22.01B | Oct 2015 | PXE vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 61 | 17.45% | 100.59B | Oct 2020 | PXE vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 56 | 12.34% | 96.24B | Apr 2003 | PXE vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 93 | 79.01% | 2.58B | Jun 2021 | PXE vs SOXQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 41 | 4.48% | 10.85B | May 2005 | PXE vs XLG | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 65 | 16.67% | 20.11B | Dec 2005 | PXE vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 36 | 11.04% | 3.29B | Oct 2012 | PXE vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 51 | 16.50% | 7.45B | Mar 2005 | PXE vs XMMO | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 32 | 9.74% | 8.22B | Oct 2005 | PXE vs PPA |
Often Compared With PXE
Investors most often compare PXE with FCG, IXC, IGE. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PXE with Any Fund or Stock
Compare PXE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PXE with funds that move differently
Invesco Dynamic Energy Exploration & Production ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PXE.
Explore PXE Diversifiers