XLEI vs. PXE
XLEI (State Street Energy Select Sector SPDR Premium Income ETF) and PXE (Invesco Dynamic Energy Exploration & Production ETF) are both Energy Equities funds - XLEI tracks the S&P Energy Select Sector while PXE tracks the Dynamic Energy Exploration & Production Intellidex Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. XLEI charges 0.35%/yr vs 0.63%/yr for PXE.
Performance
XLEI vs. PXE - Performance Comparison
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Returns By Period
In the year-to-date period, XLEI achieves a 20.04% return, which is significantly lower than PXE's 30.86% return.
XLEI
- 1D
- 0.96%
- 1M
- 4.13%
- 6M
- 17.19%
- YTD
- 20.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PXE
- 1D
- 1.03%
- 1M
- 5.91%
- 6M
- 28.60%
- YTD
- 30.86%
- 1Y
- 31.96%
- 3Y*
- 12.05%
- 5Y*
- 21.23%
- 10Y*
- 8.82%
XLEI vs. PXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XLEI State Street Energy Select Sector SPDR Premium Income ETF | 20.04% | 6.17% |
PXE Invesco Dynamic Energy Exploration & Production ETF | 30.86% | -3.84% |
Correlation
The correlation between XLEI and PXE is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025 | 0.85 |
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Return for Risk
XLEI vs. PXE — Risk / Return Rank
XLEI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PXE
XLEI vs. PXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Energy Select Sector SPDR Premium Income ETF (XLEI) and Invesco Dynamic Energy Exploration & Production ETF (PXE). 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.
| XLEI | PXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.92 | — |
| Martin ratioReturn relative to average drawdown | — | 4.56 | — |
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Drawdowns
XLEI vs. PXE - Drawdown Comparison
The maximum XLEI drawdown since its inception was -8.19%, smaller than the maximum PXE drawdown of -83.99%. Use the drawdown chart below to compare losses from any high point for XLEI and PXE.
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Drawdown Indicators
| XLEI | PXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.19% | -83.99% | +75.80% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.70% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -37.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.17% | — |
Current DrawdownCurrent decline from peak | -1.28% | -9.49% | +8.21% |
Average DrawdownAverage peak-to-trough decline | -1.90% | -27.90% | +26.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.03% | — |
Volatility
XLEI vs. PXE - Volatility Comparison
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Volatility by Period
| XLEI | PXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.53% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.21% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.11% | 27.63% | -13.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 33.41% | -19.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.11% | 36.94% | -22.83% |
XLEI vs. PXE - Expense Ratio Comparison
XLEI has a 0.35% expense ratio, which is lower than PXE's 0.63% expense ratio.
Dividends
XLEI vs. PXE - Dividend Comparison
XLEI's dividend yield for the trailing twelve months is around 19.06%, more than PXE's 1.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXE Invesco Dynamic Energy Exploration & Production ETF | 1.83% | 2.98% | 2.54% | 2.78% | 3.03% | 1.86% | 4.10% | 1.70% | 1.29% | 1.54% | 6.62% | 2.58% |
XLEI State Street Energy Select Sector SPDR Premium Income ETF | 19.06% | 10.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XLEI and PXE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XLEI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XLEI is cheaper with a 0.35% expense ratio, compared with 0.63% for PXE.
XLEI has the higher dividend yield at 19.06%, compared with 1.83% for PXE.
XLEI tracks S&P Energy Select Sector, while PXE tracks Dynamic Energy Exploration & Production Intellidex Index. They also come from different issuers: State Street and Invesco. Their fees differ too: 0.35% for XLEI and 0.63% for PXE.
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