CLIM vs. KBWY

Last updated Jul 8, 2026

CLIM (Climate Global - Climate-Resilient REIT Index ETF) and KBWY (Invesco KBW Premium Yield Equity REIT ETF) are both REIT funds - CLIM tracks the Climate Global Climate-Resilient REIT Index (CLIMX) while KBWY tracks the KBW Nasdaq Premium Yield Equity REIT Index. Both are passively managed. Their correlation of 0.83 suggests significant overlap in exposure. CLIM charges 0.90%/yr vs 0.35%/yr for KBWY.

Performance

CLIM vs. KBWY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Climate Global - Climate-Resilient REIT Index ETF (CLIM) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLIM

• 1D: 0.97%
• 1M: 4.19%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KBWY

• 1D: -0.19%
• 1M: 5.07%
• 6M: 23.51%
• YTD: 26.33%
• 1Y: 29.01%
• 3Y*: 9.53%
• 5Y*: 3.90%
• 10Y*: 1.25%

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

CLIM vs. KBWY - Yearly Performance Comparison

	2026 (YTD)
CLIM Climate Global - Climate-Resilient REIT Index ETF	11.62%
KBWY Invesco KBW Premium Yield Equity REIT ETF	21.21%

Correlation

The correlation between CLIM and KBWY is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.83

Return for Risk

CLIM vs. KBWY — Risk / Return Rank

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

CLIM

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

KBWY

KBWY Risk / Return Rank: 62
KBWY Sharpe Ratio Rank: 64
KBWY Sortino Ratio Rank: 65
KBWY Omega Ratio Rank: 57
KBWY Calmar Ratio Rank: 74
KBWY Martin Ratio Rank: 52

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.

CLIM vs. KBWY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Climate Global - Climate-Resilient REIT Index ETF (CLIM) and Invesco KBW Premium Yield Equity REIT ETF (KBWY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CLIM	KBWY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.75	—
Sortino ratio: Return per unit of downside risk	—	2.51	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.15	—
Martin ratio: Return relative to average drawdown	—	7.50	—

Drawdowns

CLIM vs. KBWY - Drawdown Comparison

The maximum CLIM drawdown since its inception was -6.41%, smaller than the maximum KBWY drawdown of -57.68%. Use the drawdown chart below to compare losses from any high point for CLIM and KBWY.

Drawdown Indicators

	CLIM	KBWY	Difference
Max Drawdown Largest peak-to-trough decline	-6.41%	-57.68%	+51.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-57.68%	—
Current Drawdown Current decline from peak	0.00%	-3.76%	+3.76%
Average Drawdown Average peak-to-trough decline	-1.45%	-14.13%	+12.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.88%	—

Volatility

Volatility by Period

	CLIM	KBWY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.95%	16.73%	-0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	21.64%	-5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	27.07%	-11.12%

CLIM vs. KBWY - Expense Ratio Comparison

CLIM has a 0.90% expense ratio, which is higher than KBWY's 0.35% expense ratio.

Dividends

CLIM vs. KBWY - Dividend Comparison

CLIM's dividend yield for the trailing twelve months is around 1.14%, less than KBWY's 8.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLIM Climate Global - Climate-Resilient REIT Index ETF	1.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KBWY Invesco KBW Premium Yield Equity REIT ETF	8.03%	9.79%	8.74%	7.90%	7.41%	5.05%	10.35%	6.19%	8.64%	7.25%	6.55%	5.72%

Frequently Asked Questions

Can I hold both CLIM and KBWY in my portfolio?

CLIM and KBWY have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLIM or KBWY?

On fees, KBWY is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLIM or KBWY?

KBWY is cheaper with a 0.35% expense ratio, compared with 0.90% for CLIM.

Which ETF pays a higher dividend yield, CLIM or KBWY?

KBWY has the higher dividend yield at 8.03%, compared with 1.14% for CLIM.

What is the main difference between CLIM and KBWY?

CLIM tracks Climate Global Climate-Resilient REIT Index (CLIMX), while KBWY tracks KBW Nasdaq Premium Yield Equity REIT Index. They also come from different issuers: Climate Global and Invesco. Their fees differ too: 0.90% for CLIM and 0.35% for KBWY.