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IXC vs. PXE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IXCPXE
YTD Return9.60%5.25%
1Y Return8.27%0.92%
3Y Return (Ann)24.68%29.75%
5Y Return (Ann)12.79%21.55%
10Y Return (Ann)2.88%1.46%
Sharpe Ratio0.500.06
Daily Std Dev16.62%21.91%
Max Drawdown-67.88%-83.99%
Current Drawdown-4.23%-13.34%

Correlation

-0.50.00.51.00.9

The correlation between IXC and PXE is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

IXC vs. PXE - Performance Comparison

In the year-to-date period, IXC achieves a 9.60% return, which is significantly higher than PXE's 5.25% return. Over the past 10 years, IXC has outperformed PXE with an annualized return of 2.88%, while PXE has yielded a comparatively lower 1.46% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


140.00%160.00%180.00%200.00%220.00%240.00%AprilMayJuneJulyAugust
150.35%
191.43%
IXC
PXE

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Global Energy ETF

Invesco Dynamic Energy Exploration & Production ETF

IXC vs. PXE - Expense Ratio Comparison

IXC has a 0.46% expense ratio, which is lower than PXE's 0.63% expense ratio.


PXE
Invesco Dynamic Energy Exploration & Production ETF
Expense ratio chart for PXE: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for IXC: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

IXC vs. PXE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) 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.


IXC
Sharpe ratio
The chart of Sharpe ratio for IXC, currently valued at 0.50, compared to the broader market0.002.004.000.50
Sortino ratio
The chart of Sortino ratio for IXC, currently valued at 0.80, compared to the broader market0.005.0010.000.80
Omega ratio
The chart of Omega ratio for IXC, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.003.501.09
Calmar ratio
The chart of Calmar ratio for IXC, currently valued at 0.82, compared to the broader market0.005.0010.0015.000.82
Martin ratio
The chart of Martin ratio for IXC, currently valued at 1.57, compared to the broader market0.0020.0040.0060.0080.00100.00120.001.57
PXE
Sharpe ratio
The chart of Sharpe ratio for PXE, currently valued at 0.06, compared to the broader market0.002.004.000.06
Sortino ratio
The chart of Sortino ratio for PXE, currently valued at 0.23, compared to the broader market0.005.0010.000.23
Omega ratio
The chart of Omega ratio for PXE, currently valued at 1.03, compared to the broader market0.501.001.502.002.503.003.501.03
Calmar ratio
The chart of Calmar ratio for PXE, currently valued at 0.07, compared to the broader market0.005.0010.0015.000.07
Martin ratio
The chart of Martin ratio for PXE, currently valued at 0.16, compared to the broader market0.0020.0040.0060.0080.00100.00120.000.16

IXC vs. PXE - Sharpe Ratio Comparison

The current IXC Sharpe Ratio is 0.50, which is higher than the PXE Sharpe Ratio of 0.06. The chart below compares the 12-month rolling Sharpe Ratio of IXC and PXE.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00AprilMayJuneJulyAugust
0.50
0.06
IXC
PXE

Dividends

IXC vs. PXE - Dividend Comparison

IXC's dividend yield for the trailing twelve months is around 3.66%, more than PXE's 2.37% yield.


TTM20232022202120202019201820172016201520142013
IXC
iShares Global Energy ETF
3.66%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%3.02%2.48%
PXE
Invesco Dynamic Energy Exploration & Production ETF
2.37%2.78%3.03%1.86%4.10%1.70%1.29%1.54%6.62%2.58%2.05%1.73%

Drawdowns

IXC vs. PXE - Drawdown Comparison

The maximum IXC drawdown since its inception was -67.88%, smaller than the maximum PXE drawdown of -83.99%. Use the drawdown chart below to compare losses from any high point for IXC and PXE. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugust
-4.23%
-13.34%
IXC
PXE

Volatility

IXC vs. PXE - Volatility Comparison

The current volatility for iShares Global Energy ETF (IXC) is 5.18%, while Invesco Dynamic Energy Exploration & Production ETF (PXE) has a volatility of 8.55%. This indicates that IXC experiences smaller price fluctuations and is considered to be less risky than PXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%AprilMayJuneJulyAugust
5.18%
8.55%
IXC
PXE