PXJ
Invesco Oil & Gas Services ETF
The Invesco Dynamic Oil & Gas Services Sector Portfolio ETF tracks a tiered index of companies in the oil and gas services sector. The index uses a multifactor methodology to select holdings.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 129.9 M
ASSETS UNDER MGMT
63 bp
EXPENSES
Fund Basics
| Inception date | Oct 26, 2005 |
| 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 +
| FRONTLINE PLC | 6.2 % |
| TECHNIPFMC PLC | 5.1 % |
| WEATHERFORD INTERNATIONAL PL | 5.0 % |
| NATIONAL OILWELL VARCO INC | 4.9 % |
| BAKER HUGHES COMPANY CLASS A | 4.9 % |
| HALLIBURTON CO | 4.7 % |
| NOBLE CORP PLC CLASS A | 4.6 % |
| TRANSOCEAN LTD | 4.6 % |
| INTERNATIONAL SEAWAYS, INC. | 3.1 % |
| SCORPIO TANKERS INC | 3.0 % |
Constituent Breakdown
| Number of holdings | 32 |
| Herfindahl-Hirschman Index | 366 |
| Wgt avg mkt cap (mns) | $8,570 |
| Large cap (>$10bn) | 14.7% |
| Mid cap ($2-10bn) | 39.6% |
| Small cap (<$2bn) | 23.9% |
| Developed mkts. | 80.8% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
| UNITED STATES | 47.5 % | |
| SWITZERLAND | 9.6 % | |
| BRITAIN | 7.9 % | |
| BERMUDA | 5.1 % | |
| MONACO | 3.0 % | |
| NORWAY | 2.9 % | |
| NETHERLANDS | 2.6 % | |
| GREECE | 2.1 % |
Historical Performance
Standardized Performance (as of 06/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 31.3% | 62.0% | 9.8% | 15.8% | 14.7% | -4.5% | -4.8% | -3.6% |
| Dividend Yield | 1.8% | 5.0% | 3.4% | 3.5% | 2.5% | 2.3% | 1.4% | 1.3% |
| Total Returns | 33.1% | 67.0% | 13.3% | 19.2% | 17.2% | -2.2% | -3.5% | -2.3% | Ann. Volatility | 27.2% | 26.8% | 31.3% | 28.8% | 34.5% | 39.3% | 38.8% | 38.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.68 | 10% |
| MSCI EAFE | 0.56 | 11% |
| MSCI Emg Mkts | 0.34 | 9% |
Liquidity Measures
| Avg. volume (000) | 101 |
| ADV traded (mns) | $4 |
| Turnover | 3.2% |
| Avg. Bid/Ask (% of price) | 0.18% |
Technical Indicators
| 30d moving avg. (EMA) | $40.82 |
| Relative strength (RSI) | 48 |
| MACD/Signal | -0.76/-0.97 |
| Bollinger Bands (Upper/Lower) | $43.41/$37.19 |
| Short interest (% of AUM) | 1.3% |
Distributions
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. PXJ |
Expenses vs. PXJ |
ALTAR Score™ vs. PXJ |
|---|---|---|---|---|
| XES | State Street SPDR S&P Oil & Gas Equipment & Services ETF | 49.0% | -28 bp | -1.5% |
| IEZ | iShares U.S. Oil Equipment & Services ETF | 41.4% | -23 bp | -0.4% |
| OIH | VanEck Oil Services ETF | 39.6% | -28 bp | -0.5% |
| PSCE | Invesco S&P SmallCap Energy ETF | 24.6% | -34 bp | +3.9% |
| PXI | Invesco Dorsey Wright Energy Momentum ETF | 18.0% | -3 bp | +1.6% |
Risk and Returns: PXJ 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 7/16/2026
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
4.8%
ALTAR SCORE™
40th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,399 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. PXJ's ALTAR Score™ is approximately -0.3 standard
deviations above the category average. This places PXJ in the 40th percentile
among funds in the category.
Sell-Side Consensus
$39.71
PRICE TARGET
-3.5%
UPSIDE