KLMT vs VYM
Invesco MSCI Global Climate 500 ETF vs Vanguard High Dividend Yield ETF
Which is better, KLMT or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. KLMT led over 1Y and the full window. KLMT is less concentrated, with 24.9% of the fund in its ten largest positions against 25.9%.
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 | KLMT | VYM |
|---|---|---|
| Expense Ratio | 0.10% | 0.04%Best |
| AUM | $1.6B | $81.6B |
| Dividend Yield | 1.77% | 2.24% |
| Holdings | 517 | 613 |
| YTD Return | +15.09%Best | +14.82% |
| 1Y Return | +22.50%Best | +20.84% |
| 3Y Return (annualized) | - | +18.64% |
| 5Y Return (annualized) | - | +12.28% |
| Volatility (annualized) | 10.8% | 10.0%Best |
| Max Drawdown | -16.9% | -14.5%Best |
| $10,000 over 2.2 years | $14,668Best | $14,649 |
| Top 10 Weight | 24.9%Best | 25.9% |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 26, 2024 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 26, 2024 to Sep 4, 2026 (2.2 years).
KLMT 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 2.2 years both funds cover.
KLMT vs VYM Performance
Invesco MSCI Global Climate 500 ETF (KLMT) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year KLMT returned +22.50% while VYM returned +20.84%. Year to date, KLMT is up 15.09% versus a gain of 14.82% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KLMT has been the more volatile fund, with annualized monthly volatility of 10.8% compared with 10.0% 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 -16.9% for KLMT 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KLMT charges 0.10% per year while VYM charges 0.04%. On a $10,000 position that is $10 vs $4 annually, a gap of $6 per year that compounds over a long holding period. On income, KLMT currently yields 1.77% against 2.24% for VYM.
Holdings Overlap
22.2% of KLMT's money is in holdings VYM also owns. 72.8% of VYM's money is in holdings KLMT also owns.
Most of VYM is already inside KLMT. Owning both mostly buys the same companies twice.
115 positions in common, counted across the 499 positions we hold weights for in KLMT and 602 in VYM, against full books of 517 and 613.
What only one of them owns
Our book lists 454 positions for VYM that do not appear in our book for KLMT (24.4% of the fund), and 142 for KLMT that do not appear in VYM (43.9%).
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 KLMT | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.83% | 7.29% | 5.46% |
| JPMJpmorgan Chase & Co. | 0.95% | 3.38% | 2.43% |
| JNJJohnson & Johnson - Common | 0.65% | 2.54% | 1.89% |
| XOMExxon Mobil Corp | 0.65% | 2.36% | 1.71% |
| CSCOCisco Systems Inc | 0.51% | 1.93% | 1.42% |
| CATCaterpillar, Inc. | 0.43% | 2.01% | 1.58% |
| ABBVAbbvie Inc. | 0.45% | 1.85% | 1.40% |
| BACBank Of America Corp Preferred Stock 6.5 | 0.44% | 1.56% | 1.12% |
| UNHUnitedhealth Group | 0.37% | 1.56% | 1.19% |
| HDHome Depot Inc/The | 0.38% | 1.46% | 1.08% |
72.8% of VYM is already inside KLMT.
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, KLMT or VYM?
KLMT has an expense ratio of 0.10% while VYM charges 0.04%. VYM is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, KLMT or VYM?
Over the past year KLMT returned +22.50% vs +20.84% for VYM, so KLMT leads on 1-year performance. Over the longest common window we track (2 years), KLMT annualized +19.02% vs +18.95% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KLMT or VYM?
KLMT has been the more volatile fund at 10.8% annualized versus 10.0% for VYM. Worst drawdown: KLMT -16.9% vs VYM -14.5%.
Should I hold both KLMT and VYM?
KLMT and VYM have a monthly-return correlation of 0.75, 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 KLMT and VYM?
72.8% of VYM's money is in holdings KLMT also owns. 72.8% of VYM's is in holdings KLMT also owns. They hold 115 positions in common, counted across the 499 positions we hold weights for in KLMT and 602 in VYM.
Which pays a higher dividend, KLMT or VYM?
KLMT yields 1.77% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
Is VYM better than KLMT?
VYM has a lower expense ratio. KLMT led over 1Y and the full window. KLMT is less concentrated, with 24.9% of the fund in its ten largest positions against 25.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.