BOBP vs. PXE
BOBP (CORE16 Best of Breed Premier Index ETF) and PXE (Invesco Dynamic Energy Exploration & Production ETF) are both exchange-traded funds - BOBP is a Large Cap Blend Equities fund tracking the CORE16 Best of Breed Premier Index, while PXE is a Energy Equities fund tracking the Dynamic Energy Exploration & Production Intellidex Index. Both are passively managed. Over the past year, BOBP returned 32.67% vs 20.91% for PXE. At a correlation of -0.04, they often move in opposite directions. BOBP charges 0.70%/yr vs 0.63%/yr for PXE.
Performance
BOBP vs. PXE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with BOBP having a 23.45% return and PXE slightly lower at 22.92%.
BOBP
- 1D
- -4.54%
- 1M
- 4.05%
- YTD
- 23.45%
- 6M
- 21.39%
- 1Y
- 32.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PXE
- 1D
- 0.26%
- 1M
- -8.41%
- YTD
- 22.92%
- 6M
- 22.87%
- 1Y
- 20.91%
- 3Y*
- 11.92%
- 5Y*
- 15.82%
- 10Y*
- 8.16%
BOBP vs. PXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BOBP CORE16 Best of Breed Premier Index ETF | 23.45% | 7.63% |
PXE Invesco Dynamic Energy Exploration & Production ETF | 22.92% | 3.53% |
Correlation
The correlation between BOBP and PXE is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since May 21, 2025 | -0.04 |
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Return for Risk
BOBP vs. PXE — Risk / Return Rank
BOBP
PXE
BOBP vs. PXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CORE16 Best of Breed Premier Index ETF (BOBP) and Invesco Dynamic Energy Exploration & Production ETF (PXE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| BOBP | PXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.81 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.14 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 1.26 | +1.25 |
| Martin ratioReturn relative to average drawdown | 10.75 | 3.36 | +7.39 |
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Drawdowns
BOBP vs. PXE - Drawdown Comparison
The maximum BOBP drawdown since its inception was -13.06%, smaller than the maximum PXE drawdown of -83.99%. Use the drawdown chart below to compare losses from any high point for BOBP and PXE.
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Drawdown Indicators
| BOBP | PXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.06% | -83.99% | +70.93% |
Max Drawdown (1Y)Largest decline over 1 year | -13.06% | -16.70% | +3.64% |
Max Drawdown (3Y)Largest decline over 3 years | — | -37.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.17% | — |
Current DrawdownCurrent decline from peak | -4.54% | -14.98% | +10.44% |
Average DrawdownAverage peak-to-trough decline | -1.69% | -27.95% | +26.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 6.24% | -3.19% |
Volatility
BOBP vs. PXE - Volatility Comparison
CORE16 Best of Breed Premier Index ETF (BOBP) has a higher volatility of 10.90% compared to Invesco Dynamic Energy Exploration & Production ETF (PXE) at 8.95%. This indicates that BOBP's price experiences larger fluctuations and is considered to be riskier than PXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BOBP | PXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.90% | 8.95% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 18.88% | 20.98% | -2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.90% | 27.96% | -7.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.22% | 33.65% | -13.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.22% | 37.00% | -16.78% |
BOBP vs. PXE - Expense Ratio Comparison
BOBP has a 0.70% expense ratio, which is higher than PXE's 0.63% expense ratio.
Dividends
BOBP vs. PXE - Dividend Comparison
BOBP's dividend yield for the trailing twelve months is around 2.68%, more than PXE's 1.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOBP CORE16 Best of Breed Premier Index ETF | 2.68% | 3.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PXE Invesco Dynamic Energy Exploration & Production ETF | 1.94% | 2.98% | 2.54% | 2.78% | 3.03% | 1.86% | 4.10% | 1.70% | 1.29% | 1.54% | 6.62% | 2.58% |
Frequently Asked Questions
BOBP and PXE have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOBP has higher volatility (10.90%) compared to PXE (8.95%). In terms of maximum drawdown, BOBP dropped -13.06% vs PXE's -83.99%.
On 1-year performance, BOBP leads with 32.67% vs 20.91% for PXE. On fees, PXE is cheaper at 0.63% per year. On volatility, PXE has been the lower-risk option at 8.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BOBP has performed better with a 32.67% return vs 20.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PXE is cheaper with a 0.63% expense ratio, compared with 0.70% for BOBP.
BOBP has the higher dividend yield at 2.68%, compared with 1.94% for PXE.
BOBP is categorized as Large Cap Blend Equities, while PXE is Energy Equities. BOBP tracks CORE16 Best of Breed Premier Index, while PXE tracks Dynamic Energy Exploration & Production Intellidex Index. They also come from different issuers: Exchange Traded Concepts and Invesco. Their fees differ too: 0.70% for BOBP and 0.63% for PXE.
BOBP currently has the higher Sharpe Ratio (1.57 vs 0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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