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PXJ vs. SILJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PXJ and SILJ is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

PXJ vs. SILJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Dynamic Oil & Gas Services ETF (PXJ) and ETFMG Prime Junior Silver Miners ETF (SILJ). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
-13.05%
-8.20%
PXJ
SILJ

Key characteristics

Sharpe Ratio

PXJ:

-0.27

SILJ:

0.27

Sortino Ratio

PXJ:

-0.22

SILJ:

0.66

Omega Ratio

PXJ:

0.97

SILJ:

1.08

Calmar Ratio

PXJ:

-0.09

SILJ:

0.18

Martin Ratio

PXJ:

-0.79

SILJ:

0.88

Ulcer Index

PXJ:

8.77%

SILJ:

12.22%

Daily Std Dev

PXJ:

25.30%

SILJ:

39.89%

Max Drawdown

PXJ:

-94.88%

SILJ:

-79.04%

Current Drawdown

PXJ:

-80.35%

SILJ:

-43.93%

Returns By Period

In the year-to-date period, PXJ achieves a -5.13% return, which is significantly lower than SILJ's 8.80% return. Over the past 10 years, PXJ has underperformed SILJ with an annualized return of -9.54%, while SILJ has yielded a comparatively higher 3.69% annualized return.


PXJ

YTD

-5.13%

1M

-8.92%

6M

-13.04%

1Y

-5.86%

5Y*

2.61%

10Y*

-9.54%

SILJ

YTD

8.80%

1M

-10.60%

6M

-5.47%

1Y

6.16%

5Y*

0.31%

10Y*

3.69%

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PXJ vs. SILJ - Expense Ratio Comparison

PXJ has a 0.63% expense ratio, which is lower than SILJ's 0.69% expense ratio.


SILJ
ETFMG Prime Junior Silver Miners ETF
Expense ratio chart for SILJ: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
Expense ratio chart for PXJ: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

Risk-Adjusted Performance

PXJ vs. SILJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Oil & Gas Services ETF (PXJ) and ETFMG Prime Junior Silver Miners ETF (SILJ). 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.


Sharpe ratio
The chart of Sharpe ratio for PXJ, currently valued at -0.27, compared to the broader market0.002.004.00-0.270.16
The chart of Sortino ratio for PXJ, currently valued at -0.22, compared to the broader market-2.000.002.004.006.008.0010.00-0.220.50
The chart of Omega ratio for PXJ, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.000.971.06
The chart of Calmar ratio for PXJ, currently valued at -0.09, compared to the broader market0.005.0010.0015.00-0.090.10
The chart of Martin ratio for PXJ, currently valued at -0.79, compared to the broader market0.0020.0040.0060.0080.00100.00-0.790.50
PXJ
SILJ

The current PXJ Sharpe Ratio is -0.27, which is lower than the SILJ Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of PXJ and SILJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.27
0.16
PXJ
SILJ

Dividends

PXJ vs. SILJ - Dividend Comparison

PXJ's dividend yield for the trailing twelve months is around 2.70%, more than SILJ's 0.01% yield.


TTM20232022202120202019201820172016201520142013
PXJ
Invesco Dynamic Oil & Gas Services ETF
2.70%2.00%0.66%2.38%4.73%0.39%1.02%2.76%1.19%2.36%1.12%0.34%
SILJ
ETFMG Prime Junior Silver Miners ETF
0.01%0.01%0.06%0.36%1.23%1.45%1.65%0.00%0.52%2.45%0.00%0.10%

Drawdowns

PXJ vs. SILJ - Drawdown Comparison

The maximum PXJ drawdown since its inception was -94.88%, which is greater than SILJ's maximum drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for PXJ and SILJ. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%JulyAugustSeptemberOctoberNovemberDecember
-77.99%
-43.93%
PXJ
SILJ

Volatility

PXJ vs. SILJ - Volatility Comparison

The current volatility for Invesco Dynamic Oil & Gas Services ETF (PXJ) is 7.13%, while ETFMG Prime Junior Silver Miners ETF (SILJ) has a volatility of 11.64%. This indicates that PXJ experiences smaller price fluctuations and is considered to be less risky than SILJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
7.13%
11.64%
PXJ
SILJ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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