PXI
Invesco Dorsey Wright Energy Momentum ETF
The Invesco DWA Energy Momentum Portfolio tracks an index of U.S. energy firms selected and weighted by price momentum.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 87.0 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Oct 12, 2006 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| TARGA RESOURCES CORP | 7.4 % |
| MARATHON PETROLEUM | 6.0 % |
| PERMIAN RESOURCES CORPORATION CLASS A | 4.0 % |
| LIBERTY OILFIELD SERVICES INC. CLASS A | 3.8 % |
| VIPER ENERGY INC ORDINARY SHARES - CLASS | 3.7 % |
| WILLIAMS COS INC | 3.7 % |
| VALERO ENERGY CORP | 3.4 % |
| CHEVRON CORP | 3.4 % |
| BAKER HUGHES COMPANY CLASS A | 3.4 % |
| DEVON ENERGY CORPORATION | 3.3 % |
Constituent Breakdown
| Number of holdings | 44 |
| Herfindahl-Hirschman Index | 321 |
| Wgt avg mkt cap (mns) | $37,970 |
| Large cap (>$10bn) | 46.8% |
| Mid cap ($2-10bn) | 36.7% |
| Small cap (<$2bn) | 6.5% |
| Developed mkts. | 90.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 84.7 % |
 |
SWITZERLAND | 3.2 % |
 |
BERMUDA | 1.3 % |
 |
NETHERLANDS | 0.8 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 35.3% | 30.6% | 19.1% | 9.8% | 14.6% | 4.0% | -- | 4.4% |
| Dividend Yield | 1.1% | 1.8% | 1.9% | 1.7% | 2.2% | 1.8% | -- | 1.3% |
| Total Returns | 36.4% | 32.3% | 21.0% | 11.5% | 16.9% | 5.7% | -- | 5.7% | Ann. Volatility | 24.4% | 23.6% | 26.5% | 25.4% | 31.8% | 36.8% | -- | 35.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.07 | 0% |
| MSCI EAFE | -0.06 | 0% |
| MSCI Emg Mkts | 0.04 | 0% |
Liquidity Measures
| Avg. volume (000) | 19 |
| ADV traded (mns) | $1 |
| Turnover | 1.4% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $59.00 |
| Relative strength (RSI) | 60 |
| MACD/Signal | 1.11/0.66 |
| Bollinger Bands (Upper/Lower) | $62.88/$55.87 |
| Short interest (% of AUM) | 0.3% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PXI |
Expenses vs. PXI |
ALTAR Score™ vs. PXI |
|---|---|---|---|---|
| FTXN | First Trust Nasdaq Oil & Gas ETF | 33.9% | 0 bp | +3.7% |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 31.5% | -25 bp | +6.9% |
| FENY | Fidelity MSCI Energy Index ETF | 30.5% | -52 bp | +2.3% |
| VDE | Vanguard Energy ETF | 30.0% | -51 bp | +2.2% |
| XLE | Energy Select Sector SPDR | 29.0% | -52 bp | +2.2% |
| IYE | iShares U.S. Energy ETF | 29.0% | -20 bp | +2.0% |
| PXE | Invesco Energy Exploration & Production ETF | 28.0% | 0 bp | +7.4% |
| GXPE | Global X PureCap MSCI Energy ETF | 27.1% | -35 bp | +1.9% |
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 26.6% | -25 bp | -3.3% |
| FXN | First Trust Energy AlphaDEX Fund | 26.3% | +2 bp | +5.1% |
Risk and Returns: PXI vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 10/10/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.3%
ALTAR SCORE™
64th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 1,392 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.2%. PXI's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places PXI in the 64th percentile
among funds in the category.
Sell-Side Consensus
$73.19
PRICE TARGET
+12.5%
UPSIDE