PXJ vs CXE

Comparison between INVESCO OIL & GAS SERVICES ETF (PXJ, ETF) and MFS High Income Municipal Trust (CXE, ETF).

5-Year PerformancePXJ has outperformed CXE, delivering a return of +18.7% compared to -2.6%

PXJ vs CXE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PXJ(ETF)	CXE(ETF)
Net Assets	$129M	$129M
Expense Ratio	0.63%	N/A
Max Drawdown	95.35%	63.84%
Sharpe Ratio	2.17	0.77
5Y Beta	1.07	0.13
P/E Ratio	34.11	N/A
Forward P/E	9.67	N/A
5Y Dividends CAGR	1.26%	-0.28%
Debt to Equity	53.74%	N/A
P/S Ratio	1.53	N/A
P/B Ratio	1.71	N/A

Net Assets

PXJ

$129M

CXE

$129M

Expense Ratio

PXJ

0.63%

CXE

N/A

Max Drawdown

PXJ

95.35%

Winner

CXE

63.84%

Sharpe Ratio

Winner

PXJ

2.17

CXE

0.77

5Y Beta

PXJ

1.07

Winner

CXE

0.13

P/E Ratio

PXJ

34.11

CXE

N/A

Forward P/E

PXJ

9.67

CXE

N/A

5Y Dividends CAGR

Winner

PXJ

1.26%

CXE

-0.28%

Debt to Equity

PXJ

53.74%

CXE

N/A

P/S Ratio

PXJ

1.53

CXE

N/A

P/B Ratio

PXJ

1.71

CXE

N/A

PXJ vs CXE - Historical Returns

Returns include dividend reinvestment.

Period	PXJ	CXE
1 month	-2.57%	-0.51%
3 months	+14.40%	-1.68%
6 months	+46.08%	+1.60%
1 year	+77.82%	+11.23%
5 years(CAGR)	+18.72%	-2.59%
10 years(CAGR)	-0.90%	+1.34%
Max(CAGR)	-1.59%	+4.19%

PXJ

-2.57%

Winner

CXE

-0.51%

Winner

PXJ

+14.40%

CXE

-1.68%

Winner

PXJ

+46.08%

CXE

+1.60%

Winner

PXJ

+77.82%

CXE

+11.23%

5Y(CAGR)

Winner

PXJ

+18.72%

CXE

-2.59%

10Y(CAGR)

PXJ

-0.90%

Winner

CXE

+1.34%

Max(CAGR)

PXJ

-1.59%

Winner

CXE

+4.19%

PXJ vs CXE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PXJ	CXE
2026	+47.96%	+1.94%
2025	+6.02%	+6.29%
2024	+0.48%	+6.49%
2023	+20.30%	+5.19%
2022	+52.63%	-27.57%
2021	+9.45%	+7.05%
2020	-43.99%	-1.56%
2019	-3.84%	+17.75%
2018	-41.00%	-7.61%
2017	-25.52%	+12.89%
2016	+8.57%	+4.82%
2015	-31.08%	+8.46%
2014	-30.47%	+14.53%
2013	+24.19%	-14.04%
2012	-2.27%	+11.07%
2011	-7.89%	+21.82%
2010	+24.34%	+4.70%
2009	+43.34%	+75.31%
2008	-60.39%	-43.87%
2007	+45.64%	-16.27%
2006	+3.92%	+9.01%
2005	+10.10%	+11.02%
2004	N/A	+5.77%
2003	N/A	+9.75%
2002	N/A	+7.15%
2001	N/A	+3.46%
2000	N/A	-0.89%
1999	N/A	+0.00%

PXJ vs CXE Drawdown Comparison

The maximum drawdown for PXJ was -94.82%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for CXE was -56.75%, occurring on Dec 16, 2008. Recovery took 1103 trading sessions.

The current PXJ drawdown is -65.49%. The current CXE drawdown is -14.38%.

Rank	PXJ	CXE
#1	-94.82% Jun 23, 2008 - Mar 18, 2020	-56.75% Mar 23, 2006 - Aug 10, 2010
#2	-24.43% May 9, 2006 - Apr 26, 2007	-39.20% Aug 27, 2021 - Oct 19, 2023
#3	-19.12% Jan 3, 2008 - Apr 16, 2008	-34.08% Feb 25, 2020 - May 4, 2021
#4	-18.88% Jan 30, 2006 - May 2, 2006	-24.27% Sep 28, 2012 - Nov 30, 2015
#5	-14.91% Jul 23, 2007 - Sep 21, 2007	-14.93% Sep 2, 2010 - Sep 29, 2011
#6	-12.20% Oct 15, 2007 - Jan 3, 2008	-14.57% Mar 9, 2004 - Oct 12, 2004
#7	-7.50% Apr 21, 2008 - May 8, 2008	-14.03% Sep 8, 2000 - Jan 5, 2001
#8	-7.08% Nov 3, 2005 - Nov 21, 2005	-13.94% Jul 8, 2016 - Jul 3, 2017
#9	-5.56% Dec 12, 2005 - Jan 3, 2006	-11.93% Nov 5, 1999 - Sep 8, 2000
#10	-4.46% Jun 4, 2007 - Jun 14, 2007	-11.51% Nov 28, 2017 - Mar 29, 2019
#11	-4.23% Nov 22, 2005 - Dec 1, 2005	-10.76% Aug 1, 2019 - Feb 24, 2020
#12	-3.78% May 20, 2008 - Jun 5, 2008	-9.79% Sep 17, 2002 - Apr 23, 2003
#13	-3.74% Jun 22, 2007 - Jul 2, 2007	-8.57% Aug 29, 2001 - Feb 22, 2002
#14	-3.69% Jan 23, 2006 - Jan 30, 2006	-7.96% Feb 14, 2005 - Sep 28, 2005
#15	-3.47% May 21, 2007 - Jun 1, 2007	-7.85% Jan 16, 2001 - Aug 16, 2001

Correlation

Correlation between PXJ and CXE is -0.74 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.74

-101

Dividend Comparison (2000 - 2026)

PXJ vs CXE dividend yield comparison.

Year	PXJ	CXE
2026	0.47%	3.36%
2025	2.91%	5.59%
2024	3.34%	4.97%
2023	1.99%	4.39%
2022	0.65%	5.70%
2021	2.40%	4.74%
2020	4.72%	4.86%
2019	1.87%	4.73%
2018	0.99%	6.17%
2017	2.75%	5.72%
2016	1.19%	6.04%
2015	2.36%	6.27%
2014	1.12%	6.39%
2013	0.34%	7.25%
2012	0.13%	6.67%
2011	0.01%	7.23%
2010	0.36%	8.26%
2009	0.46%	7.56%
2008	0.40%	11.99%
2007	0.00%	6.42%
2006	0.00%	6.32%
2005	0.00%	6.70%
2004	0.00%	7.87%
2003	0.00%	7.59%
2002	0.00%	8.03%
2001	0.00%	7.00%
2000	0.00%	3.17%