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PSCE vs. IXC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PSCE vs. IXC

Last updated Jun 23, 2026

PSCE (Invesco S&P SmallCap Energy ETF) and IXC (iShares Global Energy ETF) are both Energy Equities funds - PSCE tracks the S&P SmallCap 600 Energy Index while IXC tracks the S&P Global 1200 Energy Capped Index. Both are passively managed. Over the past 10 years, PSCE returned -2.41%/yr vs 9.33%/yr for IXC. Their correlation of 0.83 suggests significant overlap in exposure. PSCE charges 0.29%/yr vs 0.40%/yr for IXC.

Performance

PSCE vs. IXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Energy ETF (PSCE) and iShares Global Energy ETF (IXC). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PSCE achieves a 32.45% return, which is significantly higher than IXC's 21.76% return. Over the past 10 years, PSCE has underperformed IXC with an annualized return of -2.41%, while IXC has yielded a comparatively higher 9.33% annualized return.

PSCE

1D
1.31%
1M
-9.77%
YTD
32.45%
6M
32.62%
1Y
40.46%
3Y*
10.33%
5Y*
8.83%
10Y*
-2.41%

IXC

1D
1.08%
1M
-9.08%
YTD
21.76%
6M
23.49%
1Y
28.26%
3Y*
16.21%
5Y*
17.91%
10Y*
9.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSCE vs. IXC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PSCE
Invesco S&P SmallCap Energy ETF		32.45%-9.00%-5.47%5.07%48.45%59.85%-40.31%-14.93%-42.98%-26.70%
IXC
iShares Global Energy ETF		21.76%13.98%1.95%3.92%48.51%40.88%-31.00%12.67%-14.85%5.54%

Correlation

The correlation between PSCE and IXC is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.83

Correlation (5Y)
Calculated over the trailing 5-year period

0.86

Correlation (10Y)
Calculated over the trailing 10-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Apr 7, 2010

0.83

The correlation between PSCE and IXC has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

PSCE vs. IXC - Sectors Allocation Comparison

Sectors
PSCE
IXC

Energy

98.5%
100.0%

Basic Materials

1.4%

-

Financial Services

0.2%

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Energy

PSCE
98.5%
IXC
100.0%

Basic Materials

PSCE
1.4%
IXC

-

Financial Services

PSCE
0.2%
IXC

-

Communication Services

PSCE

-

IXC

-

Consumer Cyclical

PSCE

-

IXC

-

Consumer Defensive

PSCE

-

IXC

-

Healthcare

PSCE

-

IXC

-

Industrials

PSCE

-

IXC

-

Real Estate

PSCE

-

IXC

-

Technology

PSCE

-

IXC

-

Utilities

PSCE

-

IXC

-

Compare stocks, funds, or ETFs

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

Invesco S&P SmallCap Energy ETF

iShares Global Energy ETF

Often compared with PSCE:
PSCE vs. XESPSCE vs. XOPPSCE vs. XLEPSCE vs. AVUVPSCE vs. IEOPSCE vs. SPYPSCE vs. FENY
Often compared with IXC:
IXC vs. XLEIXC vs. VDEIXC vs. IYEIXC vs. OIHIXC vs. IUES.LIXC vs. DDMIXC vs. XDW0.DE

Return for Risk

PSCE vs. IXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PSCE
PSCE Risk / Return Rank: 4949
Overall Rank
PSCE Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
PSCE Sortino Ratio Rank: 4040
Sortino Ratio Rank
PSCE Omega Ratio Rank: 3838
Omega Ratio Rank
PSCE Calmar Ratio Rank: 6767
Calmar Ratio Rank
PSCE Martin Ratio Rank: 5858
Martin Ratio Rank
IXC
IXC Risk / Return Rank: 4343
Overall Rank
IXC Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
IXC Sortino Ratio Rank: 4040
Sortino Ratio Rank
IXC Omega Ratio Rank: 3939
Omega Ratio Rank
IXC Calmar Ratio Rank: 4444
Calmar Ratio Rank
IXC Martin Ratio Rank: 4747
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSCE vs. IXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Energy ETF (PSCE) and iShares Global Energy ETF (IXC). 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.

PSCEIXCDifference
Sharpe ratioReturn per unit of total volatility
1.48
1.48

0.00

Sortino ratioReturn per unit of downside risk
2.01
1.99

+0.02

Omega ratioGain probability vs. loss probability

1.24

1.25

-0.01

Calmar ratioReturn relative to maximum drawdown

3.20

2.13

+1.07

Martin ratioReturn relative to average drawdown

9.94

7.61

+2.33

PSCE vs. IXC - Sharpe Ratio Comparison

The current PSCE Sharpe Ratio is 1.48, which is comparable to the IXC Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of PSCE and IXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

PSCE vs. IXC - Drawdown Comparison

The maximum PSCE drawdown since its inception was -96.21%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for PSCE and IXC.

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Drawdown Indicators

PSCEIXCDifference

Max Drawdown

Largest peak-to-trough decline

-96.21%

-67.88%

-28.33%

Max Drawdown (1Y)

Largest decline over 1 year

-12.70%

-13.31%

+0.61%

Max Drawdown (3Y)

Largest decline over 3 years

-44.57%

-19.06%

-25.51%

Max Drawdown (5Y)

Largest decline over 5 years

-45.42%

-24.93%

-20.49%

Max Drawdown (10Y)

Largest decline over 10 years

-90.70%

-64.16%

-26.54%

Current Drawdown

Current decline from peak

-76.47%

-12.37%

-64.10%

Average Drawdown

Average peak-to-trough decline

-58.87%

-17.46%

-41.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.15%

3.76%

+0.39%

Volatility

PSCE vs. IXC - Volatility Comparison

Invesco S&P SmallCap Energy ETF (PSCE) has a higher volatility of 8.87% compared to iShares Global Energy ETF (IXC) at 6.48%. This indicates that PSCE's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PSCEIXCDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.87%

6.48%

+2.39%

Volatility (6M)

Calculated over the trailing 6-month period

18.98%

15.81%

+3.17%

Volatility (1Y)

Calculated over the trailing 1-year period

27.56%

19.19%

+8.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

37.40%

23.48%

+13.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

43.22%

26.87%

+16.35%

PSCE vs. IXC - Expense Ratio Comparison

PSCE has a 0.29% expense ratio, which is lower than IXC's 0.40% expense ratio.

Dividends

PSCE vs. IXC - Dividend Comparison

PSCE's dividend yield for the trailing twelve months is around 2.72%, less than IXC's 3.12% yield.

PositionTTM20252024202320222021202020192018201720162015
IXC
iShares Global Energy ETF		3.12%3.68%4.56%3.45%4.76%3.98%4.86%7.00%3.51%3.05%2.86%3.77%
PSCE
Invesco S&P SmallCap Energy ETF		2.72%2.39%1.70%2.57%1.70%0.46%0.87%0.14%0.22%0.04%0.22%0.82%

Frequently Asked Questions

PSCE and IXC have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PSCE has higher volatility (8.87%) compared to IXC (6.48%). In terms of maximum drawdown, PSCE dropped -96.21% vs IXC's -67.88%.

On 10-year performance, IXC leads with 9.33% vs -2.41% for PSCE. On fees, PSCE is cheaper at 0.29% per year. On volatility, IXC has been the lower-risk option at 6.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, IXC has performed better with a 9.33% return vs -2.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

PSCE is cheaper with a 0.29% expense ratio, compared with 0.40% for IXC.

IXC has the higher dividend yield at 3.12%, compared with 2.72% for PSCE.

PSCE tracks S&P SmallCap 600 Energy Index, while IXC tracks S&P Global 1200 Energy Capped Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.29% for PSCE and 0.40% for IXC.

IXC currently has the higher Sharpe Ratio (1.48 vs 1.48), 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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