PXE Profile
The Invesco Dynamic Energy Exploration & Production ETF is designed to provide investors with targeted exposure to companies involved in the exploration and production of energy resources. Under normal market conditions, the fund invests at least 90% of its total assets in securities that constitute the underlying Intellidex, a specialized index composed of U.S. companies engaged in energy exploration and production. The ETF focuses on firms primarily involved in the extraction and production of crude oil and natural gas, whether from land-based or offshore wells.
The Intellidex tracks a selection of common stocks from companies that operate in the energy sector, specifically within the exploration and production sub-sectors. This includes firms that are engaged in the full spectrum of activities related to energy resource development, such as drilling, extraction, and initial processing. The index aims to capture the performance of companies that are critical to the supply chain of crude oil and natural gas, reflecting their contributions to the energy markets.
As a non-diversified fund, the Invesco Dynamic Energy Exploration & Production ETF concentrates its investments within the energy sector, focusing exclusively on a narrow segment of the market. This approach allows the fund to provide a deep and concentrated exposure to companies that are central to energy exploration and production activities. By concentrating on this specific sector, the fund seeks to benefit from the potential growth and volatility associated with energy resource development.
The fund's investment strategy is managed by Invesco, leveraging its expertise in sector-specific investing to construct a portfolio that mirrors the dynamics of the Intellidex. This specialized focus offers investors the opportunity to capitalize on the performance of energy exploration and production companies, which can be influenced by factors such as changes in commodity prices, technological advancements, and geopolitical events. The Invesco Dynamic Energy Exploration & Production ETF is suitable for investors looking for concentrated exposure to the energy sector's exploration and production segment, with the potential for significant growth aligned with the performance of this specialized index.
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