PXI

Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Energy Momentum ETF

$47.31

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco Dorsey Wright Energy Momentum ETF (PXI) seeks to track the investment results of an index that is designed to provide exposure to U.S. energy companies exhibiting positive momentum.

Overview

ETF tracking Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Energy Momentum ETF

Category Energy

Issuer Invesco

Inception Date 2016-12-07

Market Cap $45.4M

Average Volume N/A

Dividend Yield 1.64%

52-Week Range $35.52 - $51.69

VWAP $47.29

Performance

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Investment Summary

📎 Investment Objective

The Invesco Dorsey Wright Energy Momentum ETF (PXI) seeks to track the investment results of an index that is designed to provide exposure to U.S. energy companies exhibiting positive momentum.

🎯 Investment Strategy

The ETF uses a rules-based approach to invest in energy sector stocks that demonstrate strong relative strength and positive momentum characteristics. The portfolio is rebalanced and reconstituted on a quarterly basis.

✨ Key Features

Focuses on U.S. energy companies with positive price momentum
Utilizes a quantitative, rules-based investment strategy
Rebalanced and reconstituted quarterly to maintain momentum exposure
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused solely on the energy sector
Potential for higher volatility compared to broader market indexes
Momentum-based strategy may underperform during periods of market rotation
Lack of long-term performance history to evaluate

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. energy sector with a focus on companies exhibiting positive price momentum. It may be most appropriate as a satellite holding within a diversified portfolio, rather than as a core investment. Investors should be comfortable with the higher volatility and sector-specific risks associated with this type of momentum-driven strategy.