PXI
Invesco DWA Energy Momentum ETF

Price: $48.44
Change: $0.03 (-0.0%)
Category: Energy Equities
Last Updated:

Vitals

Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.60%
ETF Home Page Home page
Inception Oct 12, 2006

Analyst Report

This ETF offers exposure to the domestic energy market, including many of the Big Oil companies that are responsible for significant portions of global energy supply. PXI is likely too targeted for those with a long time horizon, but this fund can potentially be useful for those implementing a sector rotation strategy or looking to overweight this corner of the market. PXI is part of the suite of Intellidex products from PowerShares, meaning that this ETF is linked to an index designed to outperform traditional cap-weighted benchmarks. Those who believe this methodology has the potential to generate excess returns may find PXI to be the ideal way to access the U.S. energy market; those not convinced about the methodology may prefer cheaper ETF options such as XLE or FEG. It should be noted that the methodology of the underlying index has one potential advantage that is unique in the energy sector; PXI does not exhibit nearly the degree of concentration as do ETFs linked to cap-weighted indexes, offering a more balanced way to play the U.S. energy sector (the equal-weighted RYE is another option).

ETF Database Themes

Category Energy Equities
Asset Class Equity
Asset Class Size Multi-Cap
Asset Class Style Blend
Sector (General) Energy
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Equity: U.S. Energy
Category Sector
Focus Energy
Niche Broad-based
Strategy Momentum
Weighting Scheme Momentum

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $27.44
  • 52 Week Hi $52.22
  • AUM $244.0 M
  • Shares 5.0 M

Historical Trading Data

  • 1 Month Avg. Volume 26,826
  • 3 Month Avg. Volume 40,737

Alternative ETFs in the ETF Database Energy Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FENY 0.08% $1.8 B 1 M 71.00%
Largest (AUM) XLE 0.10% $43.8 B 27 M 70.82%
Most Liquid (Volume) XLE 0.10% $43.8 B 27 M 70.82%
Top YTD Performer PXE 0.63% $354.7 M 164,511 78.69%

Alternative ETFs in the FactSet Equity: U.S. Energy Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FENY 0.08% $1.8 B 1 M 71.00%
Largest (AUM) XLE 0.10% $43.8 B 27 M 70.82%
Most Liquid (Volume) XLE 0.10% $43.8 B 27 M 70.82%
Top YTD Performer FENY 0.08% $1.8 B 1 M 71.00%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

PXI ETF Database Category Average FactSet Segment Average
Number of Holdings 33 48 51
% of Assets in Top 10 38.77% 56.36% 59.83%
% of Assets in Top 15 54.61% 69.99% 73.50%
% of Assets in Top 50 100.02% 95.18% 99.11%

Size Comparison

PXI ETF Database Category Average FactSet Segment Average
Large (>12.9B) 39.31% 59.83% 73.13%
Mid (>2.7B) 38.32% 23.62% 18.28%
Small (>600M) 20.41% 9.09% 7.85%
Micro (<600M) 1.97% 0.37% 0.51%

PXI Valuation

This section compares the P/E ratio of this ETF to its peers.

PXI
P/E Ratio
44.44
ETF Database Category Average
P/E Ratio
19.90
FactSet Segment Average
P/E Ratio
23.38

PXI Dividend

This section compares the dividend yield of this ETF to its peers.

PXI ETF Database Category Average FactSet Segment Average
Dividend $ 0.06 $ 0.35 $ 0.22
Dividend Date 2021-09-20 N/A N/A
Annual Dividend Rate $ 0.12 $ 0.84 $ 0.78
Annual Dividend Yield 0.36% 2.21% 1.95%

PXI Price and Volume Charts

View charts featuring PXI price and volume data.

PXI Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 2.36 M 3 Month Net Flows: 4.47 M 6 Month Net Flows: -26.86 M 1 Year Net Flows: 64.69 M 3 Year Net Flows: 125.6 M 5 Year Net Flows: 85.98 M 10 Year Net Flows: 127.6 M

PXI Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.