KLMT vs VOO
Invesco MSCI Global Climate 500 ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. KLMT delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | KLMT | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.03% | |
| AUM | $1.5B | $979.0B | |
| Dividend Yield | 1.76% | 1.09% | |
| Holdings | 518 | 509 | |
| YTD Return | +15.05% | +13.80% | |
| 1Y Return | +25.21% | +23.71% | |
| 3Y Return (annualized) | - | +21.50% | |
| 5Y Return (annualized) | - | +13.44% | |
| Volatility (annualized) | 11.1% | 14.1% | |
| Max Drawdown | -16.9% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Jun 26, 2024 | Sep 7, 2010 |
KLMT vs VOO Performance
Invesco MSCI Global Climate 500 ETF (KLMT) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year KLMT returned +25.21% while VOO returned +23.71%. Year to date, KLMT is up 15.05% versus a gain of 13.80% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 11.1% for KLMT. 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 -16.9% for KLMT and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
KLMT charges 0.10% per year while VOO charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, KLMT currently yields 1.76% against 1.09% for VOO.
Holdings Overlap
KLMT and VOO share 239 holdings out of 763 unique holdings combined, representing a 60.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, KLMT or VOO?
KLMT has an expense ratio of 0.10% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, KLMT or VOO?
Over the past year KLMT returned +25.21% vs +23.71% for VOO, so KLMT leads on 1-year performance. Over the longest common window we track (2 years), KLMT annualized +19.75% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, KLMT or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 11.1% for KLMT. Worst drawdown: KLMT -16.9% vs VOO -34.3%.
Should I hold both KLMT and VOO?
KLMT and VOO have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between KLMT and VOO?
KLMT and VOO share 239 common holdings with a 60.3% weight overlap. Combined, they hold 763 unique securities.
Which pays a higher dividend, KLMT or VOO?
KLMT yields 1.76% while VOO yields 1.09%, so KLMT currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.