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 56 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% | 38.64B | Dec 1998 | PXE vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | PXE vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.00B | Sep 2004 | PXE vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 416.91M | 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 57. There are 43 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 95 | 251.28M | Aug 2015 | PXE vs CRAK | |
| FT Energy Income Partners Strategy ETF | 93 | 563.46M | Nov 2022 | PXE vs EIPX | |
| Invesco Dynamic Oil & Gas Services ETF | 92 | 61.59M | Oct 2005 | PXE vs PXJ | |
| VanEck Natural Resources ETF | 90 | 301.41M | Aug 2008 | PXE vs HAP | |
| State Street Energy Select Sector SPDR Premium Inc... | 89 | 47.69M | Jul 2025 | PXE vs XLEI |
Top Performing PXE Alternatives (YTD)
PXE is at 37.35% YTD. There are 8 ETFs in the Energy Equities category with higher YTD returns, going as high as 87.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 87.02% | 65.33M | Nov 2021 | PXE vs OILU | |
| Direxion Daily Energy Bull 2X Shares | 66.56% | 228.84M | Nov 2008 | PXE vs ERX | |
| Direxion Daily Energy Top 5 Bull 2X ETF | 57.63% | 2.82M | Oct 2025 | PXE vs TEXU | |
| WEBs Energy XLE Defined Volatility ETF | 46.78% | — | Jul 2025 | PXE vs DVXE | |
| Invesco Dynamic Oil & Gas Services ETF | 45.40% | 61.59M | Oct 2005 | PXE vs PXJ |
Lowest Volatility Alternatives to PXE
PXE has 27.57% 1-year volatility. There are 60 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | PXE vs RAYS | |
| Macquarie Global Listed Infrastructure ETF | 10.98% | 6.30M | Nov 2023 | PXE vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.41% | 563.46M | Nov 2022 | PXE vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.60% | 1.31B | Nov 2022 | PXE vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.05% | 152.76M | Apr 2024 | PXE vs MDST |
Lowest Drawdown Alternatives to PXE
PXE has a 1-year max drawdown of -16.70%. There are 43 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% | 563.46M | Nov 2022 | PXE vs EIPX | |
| Westwood Salient Enhanced Midstream Income ETF | -5.98% | 152.76M | Apr 2024 | PXE vs MDST | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | PXE vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.31B | Nov 2022 | PXE vs BKGI | |
| Tortoise Electrification Infrastructure ETF | -6.63% | 129.10M | Dec 2024 | PXE vs TPZ |
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 $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 58 | 14.23% | 452.80B | Mar 1999 | PXE vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 51 | 22.35% | 21.05B | Oct 2015 | PXE vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 59 | 14.26% | 97.11B | Oct 2020 | PXE vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 79 | 14.26% | 96.96B | Apr 2003 | PXE vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 61.64% | 2.58B | Jun 2021 | PXE vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 65 | 14.14% | 19.45B | Dec 2005 | PXE vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 45 | 4.68% | 10.56B | May 2005 | PXE vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 55 | 12.76% | 4.04B | Oct 2012 | PXE vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 44 | 13.32% | 7.18B | Mar 2005 | PXE vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 58 | 11.63% | 4.08B | Feb 2012 | PXE vs IDMO |
Often Compared With PXE
Investors most often compare PXE with FCG, IXC, IGE. These 20 comparison targets span 14 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