PXE vs. BOBP
PXE (Invesco Dynamic Energy Exploration & Production ETF) and BOBP (CORE16 Best of Breed Premier Index ETF) are both exchange-traded funds - PXE is a Energy Equities fund tracking the Dynamic Energy Exploration & Production Intellidex Index, while BOBP is a Large Cap Blend Equities fund tracking the CORE16 Best of Breed Premier Index. Both are passively managed. Over the past year, PXE returned 20.57% vs 32.04% for BOBP. At a correlation of -0.04, they often move in opposite directions. PXE charges 0.63%/yr vs 0.70%/yr for BOBP.
Performance
PXE vs. BOBP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PXE achieves a 21.52% return, which is significantly lower than BOBP's 23.66% return.
PXE
- 1D
- -1.14%
- 1M
- -9.46%
- YTD
- 21.52%
- 6M
- 22.13%
- 1Y
- 20.57%
- 3Y*
- 11.49%
- 5Y*
- 15.22%
- 10Y*
- 8.03%
BOBP
- 1D
- 0.16%
- 1M
- 4.22%
- YTD
- 23.66%
- 6M
- 21.36%
- 1Y
- 32.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PXE vs. BOBP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PXE Invesco Dynamic Energy Exploration & Production ETF | 21.52% | 3.53% |
BOBP CORE16 Best of Breed Premier Index ETF | 23.66% | 7.63% |
Correlation
The correlation between PXE and BOBP 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PXE vs. BOBP — Risk / Return Rank
PXE
BOBP
PXE vs. BOBP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Energy Exploration & Production ETF (PXE) and CORE16 Best of Breed Premier Index ETF (BOBP). 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.
| PXE | BOBP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.29 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 2.46 | -1.23 |
| Martin ratioReturn relative to average drawdown | 3.26 | 10.50 | -7.24 |
Loading charts...
Drawdowns
PXE vs. BOBP - Drawdown Comparison
The maximum PXE drawdown since its inception was -83.99%, which is greater than BOBP's maximum drawdown of -13.06%. Use the drawdown chart below to compare losses from any high point for PXE and BOBP.
Loading charts...
Drawdown Indicators
| PXE | BOBP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.99% | -13.06% | -70.93% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | -13.06% | -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 | -15.95% | -4.38% | -11.57% |
Average DrawdownAverage peak-to-trough decline | -27.95% | -1.70% | -26.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.32% | 3.06% | +3.26% |
Volatility
PXE vs. BOBP - Volatility Comparison
The current volatility for Invesco Dynamic Energy Exploration & Production ETF (PXE) is 8.89%, while CORE16 Best of Breed Premier Index ETF (BOBP) has a volatility of 10.89%. This indicates that PXE experiences smaller price fluctuations and is considered to be less risky than BOBP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PXE | BOBP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.89% | 10.89% | -2.00% |
Volatility (6M)Calculated over the trailing 6-month period | 21.02% | 18.84% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.72% | 20.88% | +6.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.65% | 20.19% | +13.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.99% | 20.19% | +16.80% |
PXE vs. BOBP - Expense Ratio Comparison
PXE has a 0.63% expense ratio, which is lower than BOBP's 0.70% expense ratio.
Dividends
PXE vs. BOBP - Dividend Comparison
PXE's dividend yield for the trailing twelve months is around 1.97%, less than BOBP's 2.68% 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 | 1.97% | 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
PXE and BOBP 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 (10.89%) compared to PXE (8.89%). In terms of maximum drawdown, PXE dropped -83.99% vs BOBP's -13.06%.
On 1-year performance, BOBP leads with 32.04% vs 20.57% for PXE. On fees, PXE is cheaper at 0.63% per year. On volatility, PXE has been the lower-risk option at 8.89%. 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 32.04% return vs 20.57%. 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 1.97% for PXE.
PXE is categorized as Energy Equities, while BOBP is Large Cap Blend Equities. PXE tracks Dynamic Energy Exploration & Production Intellidex Index, while BOBP tracks CORE16 Best of Breed Premier Index. They also come from different issuers: Invesco and Exchange Traded Concepts. Their fees differ too: 0.63% for PXE and 0.70% for BOBP.
BOBP currently has the higher Sharpe Ratio (1.54 vs 0.75), 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.
Find the right allocation for PXE and BOBP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer