PXE vs. PWRZ
PXE (Invesco Dynamic Energy Exploration & Production ETF) and PWRZ (TrueShares Eagle Global Next Gen Power Infrastructure ETF) are both Energy Equities funds. PXE is passively managed, while PWRZ is actively managed. At a 0.20 correlation, their price movements are largely independent. PXE charges 0.63%/yr vs 0.75%/yr for PWRZ.
Performance
PXE vs. PWRZ - Performance Comparison
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Returns By Period
PXE
- 1D
- 1.03%
- 1M
- 5.91%
- 6M
- 28.60%
- YTD
- 30.86%
- 1Y
- 31.96%
- 3Y*
- 12.05%
- 5Y*
- 21.23%
- 10Y*
- 8.82%
PWRZ
- 1D
- -0.93%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PXE vs. PWRZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
PXE Invesco Dynamic Energy Exploration & Production ETF | 3.77% |
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | -0.37% |
Correlation
The correlation between PXE and PWRZ is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026 | 0.20 |
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Return for Risk
PXE vs. PWRZ — Risk / Return Rank
PXE
PWRZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PXE vs. PWRZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Energy Exploration & Production ETF (PXE) and TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ). 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 | PWRZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.20 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.92 | — | — |
| Martin ratioReturn relative to average drawdown | 4.56 | — | — |
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Drawdowns
PXE vs. PWRZ - Drawdown Comparison
The maximum PXE drawdown since its inception was -83.99%, which is greater than PWRZ's maximum drawdown of -1.21%. Use the drawdown chart below to compare losses from any high point for PXE and PWRZ.
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Drawdown Indicators
| PXE | PWRZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.99% | -1.21% | -82.78% |
Max Drawdown (1Y)Largest decline over 1 year | -16.70% | — | — |
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 | -9.49% | -1.21% | -8.28% |
Average DrawdownAverage peak-to-trough decline | -27.90% | -0.42% | -27.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.03% | — | — |
Volatility
PXE vs. PWRZ - Volatility Comparison
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Volatility by Period
| PXE | PWRZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.21% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.63% | 12.75% | +14.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.41% | 12.75% | +20.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.94% | 12.75% | +24.19% |
PXE vs. PWRZ - Expense Ratio Comparison
PXE has a 0.63% expense ratio, which is lower than PWRZ's 0.75% expense ratio.
Dividends
PXE vs. PWRZ - Dividend Comparison
PXE's dividend yield for the trailing twelve months is around 1.83%, while PWRZ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF | 0.00% | 0.00% | 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 | 1.83% | 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 PWRZ have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PXE is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PXE is cheaper with a 0.63% expense ratio, compared with 0.75% for PWRZ.
PXE has the higher dividend yield at 1.83%, compared with 0.00% for PWRZ.
They also come from different issuers: Invesco and TrueShares. Their fees differ too: 0.63% for PXE and 0.75% for PWRZ.
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