PXJ
Invesco Oil & Gas Services ETF
📎 Investment Objective
The Invesco Oil & Gas Services ETF (PXJ) seeks to track the investment results of an index that is designed to provide exposure to companies in the oil and gas services industry.
Overview
ETF tracking Invesco Oil & Gas Services ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Oil & Gas Services ETF (PXJ) seeks to track the investment results of an index that is designed to provide exposure to companies in the oil and gas services industry.
🎯 Investment Strategy
The ETF employs a passive management approach, attempting to track the performance of the SPDR S&P Oil & Gas Equipment & Services ETF. It invests at least 90% of its total assets in the securities that make up the underlying index.
✨ Key Features
- Provides exposure to companies that provide equipment and services to the oil and gas industry
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
- Relatively small fund with $0 in assets under management
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Volatility risk as the oil and gas services industry can be highly cyclical
- Liquidity risk due to the small size of the fund
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to the oil and gas services industry as part of a diversified portfolio. However, due to the small size and high concentration of the fund, it may be more appropriate for experienced investors with a higher risk tolerance.
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