PXE

Invesco Energy Exploration & Production ETF

$29.75

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Invesco Energy Exploration & Production ETF (PXE) seeks to track the investment results of an index that is designed to provide exposure to companies engaged in the exploration and production of oil and gas.

Overview

ETF tracking Invesco Energy Exploration & Production ETF

Category Energy

Issuer Invesco

Inception Date 2008-11-03

Market Cap $73.2M

Average Volume N/A

Dividend Yield 2.88%

52-Week Range $22.69 - $32.70

VWAP $29.39

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to track the investment results of the SPDR S&P Oil & Gas Exploration & Production ETF. It invests at least 90% of its total assets in the securities that comprise the underlying index.

✨ Key Features

Provides exposure to companies involved in the exploration and production of oil and gas
Passively tracks an index focused on the energy exploration and production sector
Low expense ratio of 0.00%
Limited performance history due to recent launch

⚠️ Primary Risks

Concentration risk as the fund is focused on a single sector
Volatility risk due to the cyclical nature of the energy industry
Regulatory and environmental risks that can impact exploration and production companies
Lack of diversification compared to broader market funds

👤 Best For

This ETF may be suitable for investors seeking targeted exposure to the energy exploration and production sector as part of a diversified portfolio. It may be of interest to investors with a higher risk tolerance who are comfortable with the volatility of the energy industry.