SXC vs. PXI

Last updated Jun 24, 2026

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

Performance

SXC vs. PXI - Performance Comparison

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

Returns By Period

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

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%

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%

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

SXC vs. PXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SXC SunCoke Energy, Inc.	19.84%	-28.61%	3.95%	29.77%	35.86%	56.87%	-25.81%	-26.25%	-28.69%	5.73%
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%

Correlation

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

Return for Risk

SXC vs. PXI — Risk / Return Rank

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

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

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

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.

SXC vs. PXI - Risk-Adjusted Trends Comparison

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

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

SXC vs. PXI - Sharpe Ratio Comparison

The current SXC Sharpe Ratio is 0.24, which is lower than the PXI Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of SXC and PXI, 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

SXC vs. PXI - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

SXC vs. PXI - Volatility Comparison

SunCoke Energy, Inc. (SXC) has a higher volatility of 13.26% compared to Invesco DWA Energy Momentum ETF (PXI) at 7.78%. This indicates that SXC's price experiences larger fluctuations and is considered to be riskier than PXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Dividends

SXC vs. PXI - Dividend Comparison

SXC's dividend yield for the trailing twelve months is around 5.73%, more than PXI's 1.34% 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 SXC and PXI in my portfolio?

SXC and PXI 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, SXC or PXI?

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

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.