pixy vs fairy

pixy and fairy both are nouns.

Word	Noun	Adjective	Verb	Adverb
pixy	Yes	No	No	No
fairy	Yes	No	No	No

As nouns, fairy is a hypernym of pixy; that is, fairy is a word with a broader meaning than pixy:

Other hypernyms of pixy include faerie, faery, fay, sprite.

pixy (noun)	fairy (noun)
(folklore) fairies that are somewhat mischievous	a small being, human in form, playful and having magical powers
creeping evergreen shrub having narrow overlapping leaves and early white star-shaped flowers; of the pine barrens of New Jersey and the Carolinas	offensive term for a homosexual man