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IYE vs PXE
Which ETF would AI Choose? iShares U.S. Energy ETF (IYE) vs. Invesco Dynamic Energy Exploration & Production ETF (PXE)
Key Takeaways
- Different breadth and strategy: IYE is a broad, market-cap-weighted U.S. energy fund, while PXE uses a quantitative, multi-factor selection model concentrated in exploration, production, and refining.
- Cost advantage: IYE carries a lower expense ratio of roughly 0.38%, compared with about 0.63% for PXE, giving IYE a structural cost edge over time.
- Concentration risk differs: IYE is heavily weighted toward integrated oil giants, whereas PXE spreads weight more evenly across mid-sized producers and refiners.
- Liquidity and scale: IYE is substantially larger and more heavily traded, while PXE is a smaller fund that may exhibit wider bid-ask spreads.
- Performance drivers vary: IYE is anchored by mega-cap majors, while PXE has historically carried higher sensitivity to crude oil and refined-product price swings.
Introduction
Energy exchange-traded funds (ETFs) remain a focal point for investors weighing commodity cycles, capital discipline, and dividend income. The iShares U.S. Energy ETF (IYE) and the Invesco Dynamic Energy Exploration & Production ETF (PXE) both offer U.S. energy exposure, yet they are not direct substitutes. IYE provides diversified, large-cap coverage of the entire energy sector, while PXE targets the upstream and refining segments through a rules-based, multi-factor methodology. This ETF comparison examines the structural differences, sector exposure, fund performance, and relative positioning that shape how each vehicle fits into a portfolio.
iShares U.S. Energy ETF (IYE) Overview
IYE is a passive, market-cap-weighted index fund that seeks to track the Russell 1000 Energy RIC 22.5/45 Capped Index, a benchmark composed of large-cap U.S. energy equities. The fund holds roughly 44 securities and is dominated by integrated majors: ExxonMobil (XOM) represents about 23% of assets, with Chevron (CVX) near 16% and ConocoPhillips (COP) above 6%. Other top positions include Marathon Petroleum (MPC), Valero (VLO), Phillips 66 (PSX), Williams (WMB), EOG Resources (EOG), SLB (SLB), and Kinder Morgan (KMI). Sector allocation is almost entirely energy, spanning integrated oil and gas, refining and marketing, and oilfield services. With a net expense ratio of about 0.38%, IYE is among the lower-cost energy funds and carries a large-cap, non-diversified profile.
Invesco Dynamic Energy Exploration & Production ETF (PXE) Overview
PXE is an index fund that tracks the Dynamic Energy Exploration & Production Intellidex Index, a quantitatively constructed benchmark that evaluates companies on price momentum, earnings momentum, quality, management action, and valuation. The fund holds approximately 31 stocks and is reconstituted and rebalanced quarterly (in February, May, August, and November). Its industry mix is concentrated in oil and gas exploration and production (E&P), at roughly 60% of assets, with refining and marketing near 33% and integrated oil and gas under 5%. Top holdings include MPC, VLO, PSX, COP, Occidental Petroleum (OXY), EOG, Diamondback Energy (FANG), EQT (EQT), CVR Energy (CVI), and HF Sinclair (DINO). Its net expense ratio is approximately 0.63%, and the fund is non-diversified with a smaller asset base and lighter trading volume than IYE.
Industry and Thematic Backdrop
Both funds operate within a U.S. energy sector shaped by OPEC+ supply policy, global demand trends, and upstream capital discipline. Producers and refiners have benefited from disciplined output, shareholder-return priorities, and, at times, firm crude and refined-product margins. Rising electricity demand from data centers and electrification has also lifted interest in natural gas, supporting E&P and midstream names. Key risks include commodity-price volatility, an economic slowdown that could pressure fuel demand, regulatory and environmental policy shifts, and the sector's structural sensitivity to interest-rate and geopolitical developments. These macro drivers influence both IYE and PXE, though the funds absorb them through very different holdings.
Performance and Positioning Comparison
Over recent market cycles, PXE has generally exhibited higher sensitivity to crude oil and refining-margin swings because of its E&P and refiner-heavy lineup, while IYE's integrated-major tilt has provided more balanced, lower-volatility exposure. When refining cracks and upstream earnings strengthen, PXE's mid-cap, momentum-oriented weighting has tended to amplify gains; conversely, IYE's ExxonMobil- and Chevron-anchored structure can lag in sharp upstream rallies but historically holds up better in commodity pullbacks. Cost and scale also favor IYE, while PXE's factor-driven rebalancing allows it to rotate toward names with improving fundamentals. From a relative positioning standpoint, PXE leans more aggressive and cyclical, whereas IYE functions as a broader, core-style energy allocation.
AI Screener
Tickeron's AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore the AI Screener to refine your own energy-sector research.
Tickeron AI Verdict
Based on observable factors, Tickeron's AI would likely favor IYE for its structural strengths: a materially lower expense ratio, broader diversification across the energy value chain, larger scale, tighter liquidity, and a mega-cap anchor that reduces single-stock and subsector concentration risk. PXE's factor-based construction and upstream-heavy tilt can deliver stronger cyclical upside when commodity prices rise, but it introduces higher volatility, greater refining and E&P concentration, and a higher cost burden. In a probabilistic assessment, the AI would lean toward IYE as the more efficient, resilient core energy holding, while recognizing PXE as a tactical, higher-beta alternative for investors seeking aggressive upstream exposure.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is IYE is a Hold and PXE is a Hold.
IYE in +2.37% Uptrend, advancing for three consecutive days on October 30, 2026
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where IYE advanced for three days, in 338 of 372 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
IYE moved above its 50-day moving average on October 01, 2026 date and that indicates a change from a downward trend to an upward trend.
The Aroon Indicator entered an Uptrend today. In 296 of 333 cases where IYE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.
Bearish Trend Analysis
The 10-day RSI Indicator for IYE moved out of overbought territory on November 02, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 similar instances where the indicator moved out of overbought territory. In 40 of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at 90%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 61 of 71 cases where IYE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 86%.
The Momentum Indicator moved below the 0 level on November 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on IYE as a result. In 78 of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 89%.
The Moving Average Convergence Divergence Histogram (MACD) for IYE turned negative on November 02, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In 44 of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at 86%.
IYE broke above its upper Bollinger Band on October 30, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
PXE's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Indicator for PXE moved out of overbought territory on October 27, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 instances where the indicator moved out of the overbought zone. In 30 of the 33 cases the stock moved lower in the days that followed. This puts the odds of a move down at 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 48 of 60 cases where PXE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 80%.
The Momentum Indicator moved below the 0 level on November 02, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on PXE as a result. In 73 of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.
The Moving Average Convergence Divergence Histogram (MACD) for PXE turned negative on October 29, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In 45 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PXE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 83%.
Bullish Trend Analysis
PXE moved above its 50-day moving average on October 01, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +3.85% 3-day Advance, the price is estimated to grow further. Considering data from situations where PXE advanced for three days, in 338 of 375 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
PXE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 286 of 321 cases where PXE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 89%.
| IYE | PXE | |
|---|---|---|
| RSI ODDS (%) | 2 days ago 90% | 2 days ago 90% |
| Stochastic ODDS (%) | 2 days ago 86% | 2 days ago 80% |
| Momentum ODDS (%) | 2 days ago 89% | 2 days ago 80% |
| MACD ODDS (%) | 2 days ago 86% | 2 days ago 90% |
| TrendWeek ODDS (%) | 2 days ago 81% | 2 days ago 83% |
| TrendMonth ODDS (%) | 2 days ago 88% | 2 days ago 87% |
| Advances ODDS (%) | 5 days ago 90% | 9 days ago 90% |
| Declines ODDS (%) | N/A | 13 days ago 83% |
| BollingerBands ODDS (%) | 2 days ago 82% | 2 days ago 90% |
| Aroon ODDS (%) | 2 days ago 89% | 2 days ago 89% |
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PXE and
Correlation & Price change
A.I.dvisor indicates that over the last year, PXE has been closely correlated with OVV. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if PXE jumps, then OVV could also see price increases.
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| IYG | 95.96 | 1.70 | +1.80% |
| iShares US Financial Services ETF (IYG) | |||
| NOWL | 3.69 | 0.06 | +1.65% |
| GraniteShares 2x Long NOW Daily ETF (NOWL) | |||
| EVMT | 16.59 | 0.19 | +1.15% |
| Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) | |||
| MDIV | 16.18 | -0.02 | -0.12% |
| Multi-Asset Diversified Income Index Fund (MDIV) | |||
| IWFG | 51.29 | -0.62 | -1.19% |
| NYLIM Winslow Focused Large Cap Growth ETF (IWFG) | |||