PXI vs. VDE
Compare and contrast key facts about Invesco DWA Energy Momentum ETF (PXI) and Vanguard Energy ETF (VDE).
PXI and VDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PXI is a passively managed fund by Invesco that tracks the performance of the Dynamic Energy Sector Intellidex Index. It was launched on Oct 12, 2006. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both PXI and VDE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PXI or VDE.
Correlation
The correlation between PXI and VDE is 0.93, 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
PXI vs. VDE - Performance Comparison
Key characteristics
PXI:
0.23
VDE:
0.69
PXI:
0.46
VDE:
1.03
PXI:
1.06
VDE:
1.13
PXI:
0.20
VDE:
0.89
PXI:
0.61
VDE:
1.97
PXI:
8.79%
VDE:
6.35%
PXI:
23.42%
VDE:
18.10%
PXI:
-85.08%
VDE:
-74.16%
PXI:
-17.70%
VDE:
-6.59%
Returns By Period
In the year-to-date period, PXI achieves a 3.25% return, which is significantly lower than VDE's 4.48% return. Over the past 10 years, PXI has underperformed VDE with an annualized return of 1.59%, while VDE has yielded a comparatively higher 4.81% annualized return.
PXI
3.25%
0.07%
5.38%
8.97%
16.05%
1.59%
VDE
4.48%
2.36%
6.27%
13.16%
16.31%
4.81%
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PXI vs. VDE - Expense Ratio Comparison
PXI has a 0.60% expense ratio, which is higher than VDE's 0.10% expense ratio.
Risk-Adjusted Performance
PXI vs. VDE — Risk-Adjusted Performance Rank
PXI
VDE
PXI vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Energy Momentum ETF (PXI) and Vanguard Energy ETF (VDE). 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.
Dividends
PXI vs. VDE - Dividend Comparison
PXI's dividend yield for the trailing twelve months is around 1.47%, less than VDE's 3.09% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXI Invesco DWA Energy Momentum ETF | 1.47% | 1.52% | 1.82% | 3.14% | 0.57% | 1.73% | 2.80% | 0.93% | 0.80% | 0.73% | 2.06% | 1.15% |
VDE Vanguard Energy ETF | 3.09% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% |
Drawdowns
PXI vs. VDE - Drawdown Comparison
The maximum PXI drawdown since its inception was -85.08%, which is greater than VDE's maximum drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for PXI and VDE. For additional features, visit the drawdowns tool.
Volatility
PXI vs. VDE - Volatility Comparison
Invesco DWA Energy Momentum ETF (PXI) has a higher volatility of 6.60% compared to Vanguard Energy ETF (VDE) at 5.49%. This indicates that PXI's price experiences larger fluctuations and is considered to be riskier than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.