They are considered to be a type of fae or fairy and are believed to be protectors of nature, working to maintain balance and harmony within the environment. Some stories describe pixies as helpful creatures, assisting those they favor, while others highlight their more trickster-like tendencies.
In some folklore, pixies are said to bring good fortune to those who show them kindness, though angering a pixie can lead to mischief or bad luck. They are often associated with magical energy, similar to other nature spirits, and are seen as symbols of light-heartedness and enchantment.