Invesco S&P SmallCap Energy ETF (PSCE) Performance
PSCE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +39.8% since Dec 31, 2025
- 1 year
- +39.6% total return
- 5 years
- +9.5% a year
- 10 years
- −3.2% a year
- Since first price
- −3.6% a year since 2010
PSCE trailing returns vs SPY, QQQ, AGG
| Period | PSCE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.2% | +0.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.7% | −3.0% | +7.8% | +8.4% | −1.5% |
| YTD | +39.8% | +37.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +39.6% | +35.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +13.0%+4.2%/yr | +5.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +57.5%+9.5%/yr | +41.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −27.9%−3.2%/yr | −36.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −57.2%−5.5%/yr | −63.1% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 7, 2010 | −45.8%−3.6%/yr | −53.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PSCE vs SPY
From Apr 7, 2010: PSCE grew to $5,425, SPY to $85,896.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PSCE returns by calendar year
6 of 15 full years positive. Best 2021 (+59.9%), worst 2015 (−47.9%). 2026 is year to date.
PSCE annual returns table
| Year | PSCE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +39.8% | −16.2% | +12.3% | +15.1% | −1.0% |
| 2025 | −9.0% | −39.6% | +17.7% | +20.8% | +7.2% |
| 2024 | −5.5% | −20.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.1% | −23.3% | +26.2% | +54.9% | +5.7% |
| 2022 | +48.4% | −36.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +59.9% | −31.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −40.3% | −73.8% | +18.3% | +48.6% | +7.5% |
| 2019 | −14.9% | −48.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −43.0% | −56.0% | −4.6% | −0.1% | +0.1% |
| 2017 | −26.7% | −47.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +37.2% | −29.4% | +12.0% | +7.1% | +2.4% |
| 2015 | −47.9% | −54.9% | +1.2% | +9.4% | +0.5% |
| 2014 | −35.8% | −53.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +37.8% | −10.1% | +32.3% | +36.6% | −2.0% |
| 2012 | −1.2% | −29.7% | +16.0% | +18.1% | +3.8% |
| 2011 | +2.3% | −40.7% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PSCE largest drawdowns
Now 75.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 30, 2014 | −96.2% | Apr 1, 2020 | not yet | 5.8 years | 12.3 years so far |
| Jul 22, 2011 | −40.7% | Oct 3, 2011 | Jul 18, 2013 | 2 months | 2.0 years |
| Apr 23, 2010 | −22.8% | Aug 25, 2010 | Nov 4, 2010 | 4 months | 6 months |
| Apr 5, 2011 | −17.4% | Jun 13, 2011 | Jul 22, 2011 | 2 months | 4 months |
| Oct 18, 2013 | −13.4% | Feb 5, 2014 | Mar 4, 2014 | 4 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PSCE risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +2.6% | +11.0% | −3.3% | −3.9% |
| Volatility (annualized) | 24.9% | 32.3% | 44.7% | 40.8% |
| Sharpe ratio | 0.05 | 0.37 | 0.11 | 0.08 |
| Sortino ratio | 0.07 | 0.60 | 0.16 | 0.12 |
| Best month | +17.3% | +28.1% | +52.5% | +52.5% |
| Worst month | −17.5% | −22.9% | −52.9% | −52.9% |
| Best 12 months | +87.9% | +87.9% | +190.2% | +190.2% |
| Worst 12 months | −34.5% | −34.5% | −79.5% | −79.5% |
| Positive months | 53% | 52% | 50% | 51% |
| Beta vs S&P 500 | 0.46 | 0.86 | 1.63 | — |
| Correlation with S&P 500 | 0.23 | 0.42 | 0.56 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PSCE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 187 | −79.5% | −2.5% | +190.2% | 48% |
| 3-year (a year) | 163 | −50.4% | −5.7% | +63.8% | 39% |
| 5-year (a year) | 139 | −39.6% | −12.5% | +32.9% | 27% |
| 10-year (a year) | 79 | −19.1% | −12.6% | +0.3% | 1% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
PSCE performance overview
Invesco S&P SmallCap Energy ETF (PSCE) returned +39.6% over the past year and −3.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned −3.6% a year, turning $10,000 into about $5,425. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −96.2%, from Jun 30, 2014 to Apr 1, 2020; the fund has not yet regained that high. PSCE finished 6 of its 15 full calendar years with a gain; the best year was 2021 (+59.9%) and the worst 2015 (−47.9%). Volatility has been 40.8% a year.
Related: PSCE chart, PSCE holdings, PSCE dividends, PSCE valuation. See the PSCE overview for the latest quote and fund facts.
PSCE performance FAQ
What is the PSCE return over the past year?
PSCE returned +39.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 35.9%.
What is the average annual return of PSCE?
PSCE has returned +9.5% a year over 5 years, −3.2% a year over 10 years, −3.6% a year since April 7, 2010 (total return, distributions reinvested).
How much would $10,000 invested in PSCE be worth?
$10,000 invested in PSCE at its first recorded close on April 7, 2010 would be worth about $5,425 on October 23, 2026 with distributions reinvested.
What was the worst year for PSCE?
The worst calendar year was 2015, with a total return of −47.9%. The best was 2021 at +59.9%.
What is the biggest drawdown of PSCE?
The largest peak-to-trough decline was −96.2% between June 30, 2014 and April 1, 2020. It has not yet recovered to that high; it is 75.2% below its peak.
How volatile is PSCE?
Over the past 3 years PSCE had an annualized volatility of 24.9% and a Sharpe ratio of 0.05 (excess return over 1–3 month T-bills per unit of risk).