Invesco Energy Exploration & Production ETF

Frequently Asked Questions About PXE

What does PXE invest in?

The Invesco Energy Exploration & Production ETF (PXE) seeks to track the performance of the Dynamic Energy Exploration & Production Intellidex Index. The Fund typically allocates a significant portion—at least 90%—of its total assets to the securities within this index. The Index employs a sophisticated methodology to select companies, evaluating them on various investment merits. These criteria include an assessment of price and earnings momentum, overall company quality, strategic management actions, and intrinsic value. It comprises securities from 30 U.S. firms primarily engaged in the discovery and extraction of natural resources for energy generation. These companies are fundamentally involved in locating, drilling for, and producing crude oil and natural gas, both onshore and offshore. The scope extends to petroleum refineries that convert crude oil into refined products like gasoline and automotive lubricants, as well as businesses that gather, process, and manufacture natural gas liquids (NGLs). Both the Fund and its underlying Index undergo quarterly rebalancing and reconstitution in February, May, August, and November.

What is the expense ratio of PXE?

Invesco Energy Exploration & Production ETF (PXE) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PXE?

Invesco Energy Exploration & Production ETF (PXE) manages $175.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PXE actively managed or an index fund?

PXE is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PXE's is 0.67%) because there's no security selection cost.

When was PXE launched?

Invesco Energy Exploration & Production ETF (PXE) launched in October 2005 and is managed by Invesco.

How has PXE performed?

PXE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.