10 Best Performing ETFs of the Last 5 Years

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

5-Year Share Price Performance as of February 18: 136.87%

The Invesco Energy Exploration & Production ETF (NYSE:PXE), which debuted in October 2011, is made up of securities from 30 U.S. corporations involved in the discovery and development of natural resources used to generate energy. These companies are primarily involved in the exploration, extraction, and production of crude oil and natural gas from land-based or offshore wells.

Coterra Energy Inc. (NYSE:CTRA) is the top holding in the Invesco Energy Exploration & Production ETF (NYSE:PXE). Coterra is a Delaware-based diversified energy firm focused on hydrocarbon exploration, with activities in the Permian Basin, Marcellus Shale, and Anadarko Basin.

On February 3, Jefferies raised its price target for Coterra Energy Inc. (NYSE:CTRA) from $26 to $28, while maintaining a Hold rating on the company. The change comes after a period of restrictions after Coterra’s acquisition of assets from Franklin Mountain and Avant. Coterra Energy’s New Mexico asset duration is shorter than its Delaware average, but the new acquisition is seen as a step toward addressing concerns about balancing expansion with inventory levels.