PXJ Fees and Costs — Invesco Oil & Gas Services ETF
Data updated: 2026-09-28
The net expense ratio is 0.63%: a 0.50% management fee plus 0.27% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $29K in broker commissions, 0.0597% of average net assets, and portfolio turnover was 64%.
PXJ Fees and Expenses
Annual operating expenses and sales charges of PXJ. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.27% |
| Gross expense ratio | 0.77% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.63% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PXJ Costs Over Time
On $10,000 invested in PXJ, assuming 5% a year before costs, total costs come to $434 over 5 years, cutting the return by 0.72% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.63%) | $66 | $207 | $360 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $238 | $434 |
| Value after costs | $10,428 | $11,338 | $12,329 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
PXJ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0597%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $96.4M
- Portfolio turnover (prospectus): 64%
- Securities on loan, average value: $8.3M
- Net income from securities lending: $28K (0.059% of average net assets)
PXJ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $20K | 69.07% |
| MACQUARIE CAPITAL (USA) INC. | $7K | 23.96% |
| JEFFERIES LLC | $2K | 5.78% |
| CITIGROUP GLOBAL MARKETS INC. | $93 | 0.32% |
| MIZUHO SECURITIES USA LLC | $88 | 0.30% |
| TD Securities (USA) LLC | $82 | 0.29% |
| WELLS FARGO SECURITIES, LLC | $25 | 0.09% |
| MORGAN STANLEY & CO. LLC | $23 | 0.08% |
| GOLDMAN, SACHS & CO. | $18 | 0.06% |
| UBS SECURITIES LLC | $16 | 0.06% |
PXJ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JANE STREET CAPITAL, LLC | $42.8M | 44.38% |
| CITADEL SECURITIES LLC | $18.8M | 19.53% |
| VIRTU AMERICAS LLC | $11.3M | 11.68% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $11.0M | 11.37% |
| ABN AMRO Clearing USA LLC | $6.3M | 6.59% |
| BNY MELLON CAPITAL MARKETS, LLC | $3.9M | 4.06% |
| GOLDMAN, SACHS & CO. | $1.2M | 1.23% |
| BNP PARIBAS SECURITIES CORP. | $1.1M | 1.17% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.