Invesco Dorsey Wright Energy Momentum ETF

Frequently Asked Questions About PXI

What does PXI invest in?

The Invesco Dorsey Wright Energy Momentum ETF (PXI) is structured to track the performance of the Dorsey Wright Energy Technical Leaders Index. The Fund generally commits at least 90% of its total capital to the constituent securities of this underlying Index. The Index's primary objective is to pinpoint and include companies demonstrating robust relative strength, commonly known as momentum. It is constructed from a selection of no fewer than 30 equities originating from the NASDAQ US Benchmark Index. Relative strength is defined as the measure of a security's historical performance within a given market against that of its peer group over a specified timeframe. Both the ETF and its associated Index are subject to quarterly rebalancing and reconstitution.

What is the expense ratio of PXI?

Invesco Dorsey Wright Energy Momentum ETF (PXI) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PXI?

Invesco Dorsey Wright Energy Momentum ETF (PXI) manages $81.0M 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 PXI actively managed or an index fund?

PXI's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PXI launched?

Invesco Dorsey Wright Energy Momentum ETF (PXI) launched in October 2006 and is managed by Invesco.

How has PXI performed?

PXI'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.