AVTM vs. KLMT

Last updated Jun 4, 2026

AVTM (Avantis Total Equity Markets ETF) and KLMT (Invesco MSCI Global Climate 500 ETF) are both Global Equities funds. AVTM is actively managed, while KLMT is passively managed. With a 0.96 correlation, they move nearly in lockstep. AVTM charges 0.22%/yr vs 0.10%/yr for KLMT.

Performance

AVTM vs. KLMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Total Equity Markets ETF (AVTM) and Invesco MSCI Global Climate 500 ETF (KLMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVTM

• 1D: -0.65%
• 1M: 5.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLMT

• 1D: -0.78%
• 1M: 5.23%
• YTD: 12.04%
• 6M: 12.88%
• 1Y: 27.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVTM vs. KLMT - Yearly Performance Comparison

	2026 (YTD)
AVTM Avantis Total Equity Markets ETF	9.06%
KLMT Invesco MSCI Global Climate 500 ETF	8.63%

Correlation

The correlation between AVTM and KLMT is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.96

AVTM vs. KLMT - Sectors Allocation Comparison

Sectors	AVTM	KLMT
Technology	31.0%	30.0%
Financial Services	16.6%	16.9%
Industrials	11.9%	10.2%
Consumer Cyclical	11.0%	9.2%
Communication Services	10.2%	9.6%
Healthcare	6.4%	8.0%
Energy	4.2%	4.1%
Consumer Defensive	4.2%	4.6%
Basic Materials	2.7%	2.8%
Utilities	1.8%	2.0%
Real Estate	0.2%	2.7%

Return for Risk

AVTM vs. KLMT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KLMT

KLMT Risk / Return Rank: 67
KLMT Sharpe Ratio Rank: 68
KLMT Sortino Ratio Rank: 68
KLMT Omega Ratio Rank: 67
KLMT Calmar Ratio Rank: 60
KLMT Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVTM vs. KLMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Total Equity Markets ETF (AVTM) and Invesco MSCI Global Climate 500 ETF (KLMT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AVTM	KLMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	1.28	+0.60

Drawdowns

AVTM vs. KLMT - Drawdown Comparison

The maximum AVTM drawdown since its inception was -9.21%, smaller than the maximum KLMT drawdown of -16.87%. Use the drawdown chart below to compare losses from any high point for AVTM and KLMT.

Drawdown Indicators

	AVTM	KLMT	Difference
Max Drawdown Largest peak-to-trough decline	-9.21%	-16.87%	+7.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.54%	—
Current Drawdown Current decline from peak	-0.65%	-0.78%	+0.13%
Average Drawdown Average peak-to-trough decline	-2.08%	-1.91%	-0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.19%	—

Volatility

Volatility by Period

	AVTM	KLMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.88%	12.61%	+3.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	15.85%	+0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	15.85%	+0.03%

AVTM vs. KLMT - Expense Ratio Comparison

AVTM has a 0.22% expense ratio, which is higher than KLMT's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVTM vs. KLMT - Dividend Comparison

AVTM's dividend yield for the trailing twelve months is around 0.08%, less than KLMT's 1.75% yield.

Position	TTM	2025	2024
AVTM Avantis Total Equity Markets ETF	0.08%	0.00%	0.00%
KLMT Invesco MSCI Global Climate 500 ETF	1.75%	1.95%	0.85%

Frequently Asked Questions

Can I hold both AVTM and KLMT in my portfolio?

With a correlation of 0.96, AVTM and KLMT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, AVTM or KLMT?

On fees, KLMT is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVTM or KLMT?

KLMT is cheaper with a 0.10% expense ratio, compared with 0.22% for AVTM.

Which ETF pays a higher dividend yield, AVTM or KLMT?

KLMT has the higher dividend yield at 1.75%, compared with 0.08% for AVTM.

What is the main difference between AVTM and KLMT?

They also come from different issuers: Avantis and Invesco. Their fees differ too: 0.22% for AVTM and 0.10% for KLMT.