5 Best Performing Energy ETFs in 2022

In this article, we discuss the 5 best performing energy ETFs in 2022. If you want to see more ETFs in this selection, check out 10 Best Performing Energy ETFs in 2022. 

5. Invesco Dynamic Energy Exploration & Production ETF (NYSE:PXE)

YTD Share Price Gain as of December 7: 47.37%

Invesco Dynamic Energy Exploration & Production ETF (NYSE:PXE) is based on the Dynamic Energy Exploration & Production Intellidex Index. The benchmark index evaluates companies based on a set investment merit criteria, including price momentum, earnings momentum, quality, management action, and value. The Index comprises 30 U.S. equities involved in the exploration and production of natural resources used to produce energy. As of December 6, Invesco Dynamic Energy Exploration & Production ETF (NYSE:PXE) offers a 30-day SEC yield of 2.38% and a total expense ratio of 0.63%. 

Pioneer Natural Resources Company (NYSE:PXD) is one of the largest holdings of Invesco Dynamic Energy Exploration & Production ETF (NYSE:PXE). The company is engaged in independent oil and gas exploration and production in the United States. It has operations in the Midland Basin in West Texas and provides oil, natural gas liquids, and gas. On October 27, Pioneer Natural Resources Company (NYSE:PXD) declared a $5.71 per share quarterly dividend. The dividend is distributable on December 15, to shareholders of the company as of November 30. The dividend yield on December 7 came in at 11.43%. 

According to Insider Monkey’s Q3 data, Pioneer Natural Resources Company (NYSE:PXD) was part of 49 hedge fund portfolios, compared to 56 in the prior quarter. Donald Yacktman’s Yacktman Asset Management is a prominent stakeholder of the company, with 686,869 shares worth $148.7 million. 

Here is what Carillon Scout Mid Cap Fund has to say about Pioneer Natural Resources Company (NYSE:PXD) in its Q1 2022 investor letter:

“Pioneer Natural Resources (NYSE:PXD) performed well in a strong energy sector. Pioneer stood out recently with a pledge to return a large majority of free cash flow to shareowners through dividends and stock buybacks, and ended hedging to give shareowners more earnings and dividend potential should oil and gas prices continue to rise.”