KLMN vs VYM
Invesco MSCI North America Climate ETF vs Vanguard High Dividend Yield ETF
Which is better, KLMN or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | KLMN | VYM |
|---|---|---|
| Expense Ratio | 0.09% | 0.04%Best |
| AUM | $2.4B | $81.6B |
| Dividend Yield | 1.17% | 2.22% |
| Holdings | 277 | 613 |
| YTD Return | +12.35% | +13.08%Best |
| 1Y Return | +17.06% | +17.46%Best |
| 3Y Return (annualized) | - | +17.73% |
| 5Y Return (annualized) | - | +12.22% |
| Volatility (annualized) | 12.8% | 9.7%Best |
| Max Drawdown | -19.2% | -14.5%Best |
| $10,000 over 1.8 years | $12,887 | $12,986Best |
| Top 10 Weight | 35.1% | 26.1%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 11, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 11, 2024 to Sep 14, 2026 (1.8 years).
KLMN vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
KLMN vs VYM Performance
Invesco MSCI North America Climate ETF (KLMN) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year KLMN returned +17.06% while VYM returned +17.46%. Year to date, KLMN is up 12.35% versus a gain of 13.08% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KLMN has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 9.7% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.2% for KLMN and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KLMN charges 0.09% per year while VYM charges 0.04%. On a $10,000 position that is $9 vs $4 annually, a gap of $5 per year that compounds over a long holding period. On income, KLMN currently yields 1.17% against 2.22% for VYM.
Holdings Overlap
33.1% of KLMN's money is in holdings VYM also owns. 74.1% of VYM's money is in holdings KLMN also owns.
Most of VYM is already inside KLMN. Owning both mostly buys the same companies twice.
117 positions in common, counted across the 272 positions we hold weights for in KLMN and 557 in VYM, against full books of 277 and 613.
What only one of them owns
Our book lists 411 positions for VYM that do not appear in our book for KLMN (23.0% of the fund), and 130 for KLMN that do not appear in VYM (62.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in KLMN | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.39% | 7.35% | 4.96% |
| JPMJpmorgan Chase | 1.40% | 3.82% | 2.42% |
| XOMExxon Mobil Corp. | 1.00% | 2.63% | 1.63% |
| JNJJohnson & Johnson - Common | 1.01% | 2.51% | 1.50% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.69% | 1.86% | 1.17% |
| ABBVAbbvie Inc. | 0.69% | 1.80% | 1.11% |
| BACBank of America Corp.: Financials | 0.64% | 1.66% | 1.02% |
| CATCaterpillar, Inc. | 0.58% | 1.50% | 0.92% |
| CVXChevron Corp | 0.59% | 1.48% | 0.89% |
| UNHUnitedhealth Group, Inc. | 0.53% | 1.52% | 0.99% |
74.1% of VYM is already inside KLMN.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, KLMN or VYM?
KLMN has an expense ratio of 0.09% while VYM charges 0.04%. VYM is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, KLMN or VYM?
Over the past year KLMN returned +17.06% vs +17.46% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), KLMN annualized +15.13% vs +15.62% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KLMN or VYM?
KLMN has been the more volatile fund at 12.8% annualized versus 9.7% for VYM. Worst drawdown: KLMN -19.2% vs VYM -14.5%.
Should I hold both KLMN and VYM?
KLMN and VYM have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between KLMN and VYM?
74.1% of VYM's money is in holdings KLMN also owns. 74.1% of VYM's is in holdings KLMN also owns. They hold 117 positions in common, counted across the 272 positions we hold weights for in KLMN and 557 in VYM.
Which pays a higher dividend, KLMN or VYM?
KLMN yields 1.17% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than KLMN?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.