Invesco Oil & Gas Services ETF

Frequently Asked Questions About PXJ

What does PXJ invest in?

The Invesco Oil & Gas Services ETF (PXJ) is an investment fund designed to mirror the performance of the Dynamic Oil Services Intellidex Index (the Index). Ordinarily, the ETF allocates a minimum of 90% of its total assets to the common equity securities that constitute this underlying index. The Index employs a rigorous methodology to select its constituents, evaluating companies based on a diverse set of investment merits, such as price momentum, earnings momentum, quality, management effectiveness, and valuation. Comprising 30 U.S.-based firms, the Index focuses on companies central to the oil and gas value chain – from exploration and extraction to processing and distribution. This encompasses businesses involved in drilling operations, manufacturing specialized oil and gas field equipment, or providing essential services to the sector. Such services may range from well analysis, platform and pipeline engineering and construction, logistics and transportation, to emergency management for wells and geophysical data acquisition and processing. Both the ETF and its benchmark Index undergo quarterly rebalancing and reconstitution. These adjustments occur in February, May, August, and November each year.

What is the expense ratio of PXJ?

Invesco Oil & Gas Services ETF (PXJ) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PXJ?

Invesco Oil & Gas Services ETF (PXJ) manages $132.2M 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 PXJ actively managed or an index fund?

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

When was PXJ launched?

Invesco Oil & Gas Services ETF (PXJ) launched in October 2005 and is managed by Invesco.

How has PXJ performed?

PXJ'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.