PXJ vs. SILJ
Compare and contrast key facts about Invesco Dynamic Oil & Gas Services ETF (PXJ) and ETFMG Prime Junior Silver Miners ETF (SILJ).
PXJ and SILJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PXJ is a passively managed fund by Invesco that tracks the performance of the Dynamic Oil & Gas Services Intellidex Index. It was launched on Oct 26, 2005. SILJ is a passively managed fund by ETFMG that tracks the performance of the Prime Junior Silver Miners & Explorers Index. It was launched on Nov 28, 2012. Both PXJ and SILJ 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: PXJ or SILJ.
Key characteristics
PXJ | SILJ | |
---|---|---|
YTD Return | 5.84% | 22.40% |
1Y Return | 4.61% | 53.59% |
3Y Return (Ann) | 20.98% | -5.40% |
5Y Return (Ann) | 7.94% | 3.92% |
10Y Return (Ann) | -10.25% | 4.30% |
Sharpe Ratio | 0.21 | 1.31 |
Sortino Ratio | 0.47 | 1.93 |
Omega Ratio | 1.06 | 1.23 |
Calmar Ratio | 0.07 | 0.88 |
Martin Ratio | 0.69 | 5.11 |
Ulcer Index | 7.82% | 10.30% |
Daily Std Dev | 25.49% | 40.06% |
Max Drawdown | -94.88% | -79.04% |
Current Drawdown | -78.08% | -36.92% |
Correlation
The correlation between PXJ and SILJ is 0.26, 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.
Performance
PXJ vs. SILJ - Performance Comparison
In the year-to-date period, PXJ achieves a 5.84% return, which is significantly lower than SILJ's 22.40% return. Over the past 10 years, PXJ has underperformed SILJ with an annualized return of -10.25%, while SILJ has yielded a comparatively higher 4.30% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
PXJ vs. SILJ - Dividend Comparison
PXJ's dividend yield for the trailing twelve months is around 2.91%, more than SILJ's 0.01% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco Dynamic Oil & Gas Services ETF | 2.91% | 2.00% | 0.66% | 2.38% | 4.73% | 0.39% | 1.02% | 2.76% | 1.19% | 2.36% | 1.12% | 0.34% |
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.
Volatility
PXJ vs. SILJ - Volatility Comparison
The current volatility for Invesco Dynamic Oil & Gas Services ETF (PXJ) is 10.66%, while ETFMG Prime Junior Silver Miners ETF (SILJ) has a volatility of 13.16%. 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.