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PXI - AI Analysis
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Invesco DWA Energy Momentum ETF (PXI)
Rating:67Neutral
Price Target:
$51.00
Positive Factors
Strong Sector Focus
The ETF is heavily weighted in the energy sector, which has shown steady performance and growth potential.
Healthy Recent Performance
The fund has delivered positive returns over the past month, three months, and year-to-date, indicating solid momentum.
Reasonable Expense Ratio
The ETF’s expense ratio is competitive for a niche sector fund, making it relatively cost-effective for investors.
Negative Factors
Over-Concentration in Energy
With over 92% exposure to the energy sector, the fund is highly sensitive to fluctuations in energy markets.
Limited Geographic Diversification
The ETF is almost entirely focused on U.S. companies, offering little exposure to international markets.
Mixed Performance Among Top Holdings
Some top holdings, like Targa Resources, have underperformed year-to-date, which could drag on overall returns.
PXI vs. SPDR S&P 500 ETF (SPY)
AUM43.43M
RegionNorth America
Expense Ratio0.60%
Beta0.88
IssuerInvesco
Inception DateOct 12, 2006
Dividend Yield1.66%
Asset ClassEquity
Index TrackedDorsey Wright Energy Tech Leaders TR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,099
30 Day Avg. Volume5,329
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
52.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering46
PXI Summary
The Invesco DWA Energy Momentum ETF (PXI) is an investment fund that focuses on energy companies showing strong growth trends. It tracks the Dorsey Wright Energy Technical Leaders Index, which uses a momentum strategy to invest in energy firms with solid performance. PXI includes well-known companies like Exxon Mobil and Marathon Petroleum, along with other energy leaders. This ETF is a good option for investors looking to diversify their portfolio with exposure to the energy sector and potentially benefit from its growth. However, new investors should be aware that the energy market can be volatile, meaning the value of the ETF may rise and fall significantly.
How much will it cost me?The Invesco DWA Energy Momentum ETF (PXI) has an expense ratio of 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on energy companies with strong momentum, which requires more research and strategy compared to passively managed funds. While the cost is higher, it reflects the specialized approach of the fund in targeting high-performing energy stocks.
What would affect this ETF?The Invesco DWA Energy Momentum ETF (PXI) could benefit from rising energy demand, advancements in energy infrastructure, and strong performance from its top holdings like Exxon Mobil and Marathon Petroleum. However, it may face challenges from fluctuating oil and gas prices, regulatory changes in the energy sector, or economic slowdowns that reduce energy consumption. Its focus on U.S.-based energy companies makes it sensitive to domestic policies and market conditions.
PXI Top 10 Holdings
The Invesco DWA Energy Momentum ETF (PXI) is heavily concentrated in the energy sector, with names like Centrus Energy and Ramaco Resources leading the charge thanks to their strong momentum and positive corporate developments. However, Targa Resources has been a drag on performance, struggling with declining free cash flow and bearish trends. Marathon Petroleum and Valero Energy have shown mixed results, balancing operational efficiency with challenges in renewable energy segments. With its focus on U.S.-based energy companies, PXI is riding the waves of a sector known for volatility and opportunity.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Centrus Energy | 8.39% | $3.69M | $6.98B | 269.24% | 64 Neutral | |
| Marathon Petroleum | 5.80% | $2.55M | $59.48B | 34.48% | 65 Neutral | |
| Targa Resources | 5.37% | $2.36M | $32.61B | -9.25% | 66 Neutral | |
| Williams Co | 3.93% | $1.73M | $70.36B | 10.02% | 66 Neutral | |
| Valero Energy | 3.40% | $1.50M | $51.88B | 31.09% | 75 Outperform | |
| Kinder Morgan | 3.22% | $1.42M | $58.02B | 6.40% | 68 Neutral | |
| Exxon Mobil | 3.00% | $1.32M | $488.95B | -1.79% | 79 Outperform | |
| Weatherford International | 2.95% | $1.30M | $5.20B | -8.16% | 75 Outperform | |
| Cheniere Energy | 2.91% | $1.28M | $46.49B | 10.52% | 67 Neutral | |
| Delek US Holdings | 2.82% | $1.24M | $2.31B | 145.56% | 50 Neutral |
PXI Technical Analysis
Positive
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Price Trends
45.84
Positive
44.31
Positive
43.14
Positive
Market Momentum
0.16
Positive
51.91
Neutral
62.08
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PXI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 46.96, equal to the 50-day MA of 45.84, and equal to the 200-day MA of 43.14, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 51.91 is Neutral, neither overbought nor oversold. The STOCH value of 62.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PXI.
PXI Peer Comparison
Comparison Results
Performance Comparison
PXI
Invesco DWA Energy Momentum ETF
46.79
3.92
9.14%
USAI
Pacer American Energy Independence ETF
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PSCE
Invesco S&P SmallCap Energy ETF
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BESF
Bastion Energy ETF
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FPWR
First Trust Eip Power Solutions Etf
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GXPE
Global X PureCap MSCI Energy ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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