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 36 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% | 38.95B | Dec 1998 | PXE vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 2.03B | Oct 2013 | PXE vs FENY | |
| Vanguard Energy ETF | 0.09% | 12.70B | Sep 2004 | PXE vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 11.66M | 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 40. There are 46 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 93 | 171.68M | Aug 2015 | PXE vs CRAK | |
| VanEck Natural Resources ETF | 89 | 334.74M | Aug 2008 | PXE vs HAP | |
| Tema Electrification ETF | 89 | 693.48M | Dec 2024 | PXE vs VOLT | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 89 | 578.84M | Jun 2006 | PXE vs XES | |
| American Beacon GLG Natural Resources ETF | 89 | 287.08M | Feb 2024 | PXE vs MGNR |
Top Performing PXE Alternatives (YTD)
PXE is at 33.64% YTD. There are 12 ETFs in the Energy Equities category with higher YTD returns, going as high as 51.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Oil Services ETF | 51.43% | 2.37B | Dec 2011 | PXE vs OIH | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 50.69% | 578.84M | Jun 2006 | PXE vs XES | |
| iShares U.S. Oil Equipment & Services ETF | 47.84% | 636.98M | May 2006 | PXE vs IEZ | |
| Invesco Dynamic Oil & Gas Services ETF | 46.18% | 128.85M | Oct 2005 | PXE vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 44.98% | — | Jul 2025 | PXE vs DVXE |
Lowest Volatility Alternatives to PXE
PXE has 27.48% 1-year volatility. There are 50 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 9.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ClearBridge Sustainable Infrastructure ETF | 9.00% | 12.46M | Dec 2022 | PXE vs INFR | |
| Macquarie Global Listed Infrastructure ETF | 10.78% | 6.30M | Nov 2023 | PXE vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.17% | 523.56M | Nov 2022 | PXE vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.59% | 1.08B | Nov 2022 | PXE vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.12% | 152.76M | Apr 2024 | PXE vs MDST |
Lowest Drawdown Alternatives to PXE
PXE has a 1-year max drawdown of -13.89%. There are 40 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -4.12% | 523.56M | Nov 2022 | PXE vs EIPX | |
| iShares North American Natural Resources ETF | -5.54% | 803.30M | Oct 2001 | PXE vs IGE | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | PXE vs BILD | |
| TrueShares Eagle Global Renewable Energy Income ET... | -6.06% | 7.72M | Dec 2022 | PXE vs RNWZ | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.08B | Nov 2022 | PXE vs BKGI |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $494B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 73 | 21.30% | 493.99B | Mar 1999 | PXE vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 75 | 30.35% | 19.93B | Oct 2015 | PXE vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 74 | 21.39% | 96.91B | Oct 2020 | PXE vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 49 | 9.70% | 89.51B | Apr 2003 | PXE vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 56 | 7.57% | 11.15B | May 2005 | PXE vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 96 | 96.72% | 2.41B | Jun 2021 | PXE vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 54 | 15.48% | 18.88B | Dec 2005 | PXE vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 21 | 4.38% | 3.23B | Oct 2012 | PXE vs SPHD | |
| Invesco Aerospace & Defense ETF | Aerospace & Defense, Industrials Equities | 37 | 8.54% | 8.37B | Oct 2005 | PXE vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 67 | 23.73% | 7.49B | Mar 2005 | PXE vs XMMO |
Often Compared With PXE
Investors most often compare PXE with FCG, IXC, SOXX. 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