PXI vs. SXC

Last updated Jun 24, 2026

PXI (Invesco DWA Energy Momentum ETF) is Momentum fund tracking the Dorsey Wright Energy Technical Leaders Index, while SXC (SunCoke Energy, Inc.) is a stock. Over the past 10 years, PXI returned 5.74%/yr vs 7.13%/yr for SXC. A 0.51 correlation means they provide meaningful diversification when combined.

Performance

PXI vs. SXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco DWA Energy Momentum ETF (PXI) and SunCoke Energy, Inc. (SXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PXI achieves a 23.00% return, which is significantly higher than SXC's 19.84% return. Over the past 10 years, PXI has underperformed SXC with an annualized return of 5.74%, while SXC has yielded a comparatively higher 7.13% annualized return.

PXI

• 1D: 0.04%
• 1M: -7.80%
• YTD: 23.00%
• 6M: 22.38%
• 1Y: 30.11%
• 3Y*: 15.95%
• 5Y*: 14.13%
• 10Y*: 5.74%

SXC

• 1D: 0.00%
• 1M: -0.36%
• YTD: 19.84%
• 6M: 20.85%
• 1Y: 10.41%
• 3Y*: 7.65%
• 5Y*: 7.57%
• 10Y*: 7.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PXI vs. SXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXI Invesco DWA Energy Momentum ETF	23.00%	3.86%	0.76%	5.48%	45.85%	75.05%	-35.91%	1.67%	-27.56%	-8.42%
SXC SunCoke Energy, Inc.	19.84%	-28.61%	3.95%	29.77%	35.86%	56.87%	-25.81%	-26.25%	-28.69%	5.73%

Correlation

The correlation between PXI and SXC is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jul 21, 2011	0.51

The correlation between PXI and SXC shifts across timeframes, from 0.37 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PXI vs. SXC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PXI

PXI Risk / Return Rank: 44
PXI Sharpe Ratio Rank: 42
PXI Sortino Ratio Rank: 38
PXI Omega Ratio Rank: 37
PXI Calmar Ratio Rank: 57
PXI Martin Ratio Rank: 48

SXC

SXC Risk / Return Rank: 49
SXC Sharpe Ratio Rank: 51
SXC Sortino Ratio Rank: 46
SXC Omega Ratio Rank: 46
SXC Calmar Ratio Rank: 50
SXC Martin Ratio Rank: 50

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.

PXI vs. SXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Energy Momentum ETF (PXI) and SunCoke Energy, Inc. (SXC). 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.

	PXI	SXC	Difference
Sharpe ratio: Return per unit of total volatility	1.38	0.24	+1.14
Sortino ratio: Return per unit of downside risk	1.87	0.60	+1.27
Omega ratio: Gain probability vs. loss probability	1.23	1.08	+0.15
Calmar ratio: Return relative to maximum drawdown	2.60	0.32	+2.28
Martin ratio: Return relative to average drawdown	7.66	0.66	+7.00

PXI vs. SXC - Sharpe Ratio Comparison

The current PXI Sharpe Ratio is 1.38, which is higher than the SXC Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of PXI and SXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PXI vs. SXC - Drawdown Comparison

The maximum PXI drawdown since its inception was -85.08%, smaller than the maximum SXC drawdown of -90.41%. Use the drawdown chart below to compare losses from any high point for PXI and SXC.

Drawdown Indicators

	PXI	SXC	Difference
Max Drawdown Largest peak-to-trough decline	-85.08%	-90.41%	+5.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.64%	-32.60%	+20.96%
Max Drawdown (3Y) Largest decline over 3 years	-30.74%	-51.99%	+21.25%
Max Drawdown (5Y) Largest decline over 5 years	-33.47%	-51.99%	+18.52%
Max Drawdown (10Y) Largest decline over 10 years	-79.55%	-81.35%	+1.80%
Current Drawdown Current decline from peak	-10.39%	-49.84%	+39.45%
Average Drawdown Average peak-to-trough decline	-29.37%	-48.79%	+19.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	15.77%	-11.83%

Volatility

PXI vs. SXC - Volatility Comparison

The current volatility for Invesco DWA Energy Momentum ETF (PXI) is 7.78%, while SunCoke Energy, Inc. (SXC) has a volatility of 13.26%. This indicates that PXI experiences smaller price fluctuations and is considered to be less risky than SXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PXI	SXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.78%	13.26%	-5.48%
Volatility (6M) Calculated over the trailing 6-month period	16.99%	31.69%	-14.70%
Volatility (1Y) Calculated over the trailing 1-year period	22.10%	43.44%	-21.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.40%	40.26%	-6.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.12%	52.77%	-15.65%

Dividends

PXI vs. SXC - Dividend Comparison

PXI's dividend yield for the trailing twelve months is around 1.34%, less than SXC's 5.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PXI Invesco DWA Energy Momentum ETF	1.34%	1.81%	1.52%	1.82%	3.14%	0.57%	1.72%	2.80%	0.93%	0.80%	0.73%	2.07%
SXC SunCoke Energy, Inc.	5.73%	6.67%	4.11%	3.35%	3.24%	3.64%	5.52%	0.96%	0.00%	0.00%	0.00%	12.48%

Frequently Asked Questions

Can I hold both PXI and SXC in my portfolio?

PXI and SXC have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PXI or SXC?

SXC has higher volatility (13.26%) compared to PXI (7.78%). In terms of maximum drawdown, PXI dropped -85.08% vs SXC's -90.41%.

Which has better risk-adjusted returns?

PXI currently has the higher Sharpe Ratio (1.38 vs 0.24), 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.