Invesco Dynamic Oil & Gas Services ETF (PXJ) Performance
PXJ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +58.7% since Dec 31, 2025
- 1 year
- +60.9% total return
- 5 years
- +21.4% a year
- 10 years
- −0.0% a year
- Since first price
- −1.4% a year since 2005
PXJ trailing returns vs SPY, QQQ, AGG
| Period | PXJ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.8% | +1.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.9% | +7.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.3% | +5.4% | +7.8% | +8.4% | −1.5% |
| YTD | +58.7% | +55.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +60.9% | +55.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +64.2%+18.0%/yr | +49.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +164.1%+21.4%/yr | +135.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | −0.1%−0.0%/yr | −22.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −37.2%−3.1%/yr | −52.7% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | −34.8%−2.1%/yr | −51.5% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionOct 26, 2005 | −25.5%−1.4%/yr | −44.6% | — | — | — |
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: PXJ vs SPY
From Oct 26, 2005: PXJ grew to $7,447, SPY to $93,442.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PXJ returns by calendar year
12 of 20 full years positive. Best 2022 (+62.3%), worst 2008 (−59.6%). 2026 is year to date.
PXJ annual returns table
| Year | PXJ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +58.7% | −18.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.7% | −34.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +0.2% | −20.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.5% | −26.5% | +26.2% | +54.9% | +5.7% |
| 2022 | +62.3% | −33.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +9.6% | −30.7% | +28.7% | +27.4% | −1.8% |
| 2020 | −44.3% | −72.3% | +18.3% | +48.6% | +7.5% |
| 2019 | −0.3% | −42.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −39.8% | −48.6% | −4.6% | −0.1% | +0.1% |
| 2017 | −23.1% | −41.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +9.3% | −23.2% | +12.0% | +7.1% | +2.4% |
| 2015 | −31.2% | −38.6% | +1.2% | +9.4% | +0.5% |
| 2014 | −31.6% | −45.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +27.5% | −14.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +1.0% | −28.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −7.6% | −43.1% | +1.9% | +3.4% | +7.7% |
| 2010 | +29.2% | −26.8% | +15.1% | +19.9% | +6.4% |
| 2009 | +52.9% | −30.1% | +26.4% | +54.7% | +3.0% |
| 2008 | −59.6% | −72.2% | −36.8% | −41.7% | +7.9% |
| 2007 | +39.3% | −14.9% | +5.1% | +19.0% | +6.6% |
| 2006 | +9.8% | −24.4% | +15.8% | +7.1% | +3.9% |
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.
PXJ largest drawdowns
Now 64.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 23, 2008 | −94.8% | Mar 18, 2020 | not yet | 11.7 years | 18.3 years so far |
| May 10, 2006 | −24.4% | Oct 3, 2006 | Apr 26, 2007 | 5 months | 12 months |
| Jan 3, 2008 | −19.1% | Feb 6, 2008 | Apr 16, 2008 | 34 days | 3 months |
| Jan 30, 2006 | −18.9% | Mar 9, 2006 | May 2, 2006 | 38 days | 3 months |
| Jul 23, 2007 | −14.9% | Aug 16, 2007 | Sep 21, 2007 | 24 days | 2 months |
| Oct 15, 2007 | −12.2% | Nov 27, 2007 | Jan 3, 2008 | 43 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PXJ risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | +15.6% | +22.7% | −0.3% | −1.7% |
| Volatility (annualized) | 27.5% | 33.9% | 41.1% | 36.9% |
| Sharpe ratio | 0.50 | 0.66 | 0.15 | — |
| Sortino ratio | 0.89 | 1.20 | 0.22 | — |
| Best month | +21.0% | +35.2% | +40.2% | +40.2% |
| Worst month | −14.8% | −19.2% | −48.5% | −48.5% |
| Best 12 months | +115.9% | +115.9% | +115.9% | +115.9% |
| Worst 12 months | −28.1% | −28.1% | −72.8% | −72.8% |
| Positive months | 56% | 60% | 52% | 55% |
| Beta vs S&P 500 | 0.65 | 0.85 | 1.52 | — |
| Correlation with S&P 500 | 0.29 | 0.39 | 0.57 | — |
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.
PXJ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 241 | −72.8% | +5.1% | +115.9% | 56% |
| 3-year (a year) | 217 | −44.3% | −7.2% | +48.2% | 40% |
| 5-year (a year) | 193 | −33.7% | −6.4% | +28.3% | 36% |
| 10-year (a year) | 133 | −19.1% | −10.2% | +1.0% | 2% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
PXJ performance overview
Invesco Dynamic Oil & Gas Services ETF (PXJ) returned +60.9% over the past year and −0.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned −1.4% a year, turning $10,000 into about $7,447. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −94.8%, from Jun 23, 2008 to Mar 18, 2020; the fund has not yet regained that high. PXJ finished 12 of its 20 full calendar years with a gain; the best year was 2022 (+62.3%) and the worst 2008 (−59.6%). Volatility has been 36.9% a year.
Related: PXJ chart, PXJ holdings, PXJ dividends, PXJ valuation. See the PXJ overview for the latest quote and fund facts.
PXJ performance FAQ
What is the PXJ return over the past year?
PXJ returned +60.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 55.9%.
What is the average annual return of PXJ?
PXJ has returned +21.4% a year over 5 years, −0.0% a year over 10 years, −1.4% a year since October 26, 2005 (total return, distributions reinvested).
How much would $10,000 invested in PXJ be worth?
$10,000 invested in PXJ at its first recorded close on October 26, 2005 would be worth about $7,447 on October 23, 2026 with distributions reinvested.
What was the worst year for PXJ?
The worst calendar year was 2008, with a total return of −59.6%. The best was 2022 at +62.3%.
What is the biggest drawdown of PXJ?
The largest peak-to-trough decline was −94.8% between June 23, 2008 and March 18, 2020. It has not yet recovered to that high; it is 64.2% below its peak.
How volatile is PXJ?
Over the past 3 years PXJ had an annualized volatility of 27.5% and a Sharpe ratio of 0.50 (excess return over 1–3 month T-bills per unit of risk).