DIVS vs. KLMT

Last updated Jun 24, 2026

DIVS (SmartETFs Dividend Builder ETF) and KLMT (Invesco MSCI Global Climate 500 ETF) are both Global Equities funds. DIVS is actively managed, while KLMT is passively managed. Over the past year, DIVS returned 10.66% vs 25.28% for KLMT. A 0.77 correlation means they provide meaningful diversification when combined. DIVS charges 0.65%/yr vs 0.10%/yr for KLMT.

Performance

DIVS vs. KLMT - Performance Comparison

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

Returns By Period

In the year-to-date period, DIVS achieves a 6.02% return, which is significantly lower than KLMT's 10.46% return.

DIVS

• 1D: -0.68%
• 1M: -0.53%
• YTD: 6.02%
• 6M: 5.56%
• 1Y: 10.66%
• 3Y*: 12.30%
• 5Y*: 9.00%
• 10Y*: —

KLMT

• 1D: -1.92%
• 1M: 0.34%
• YTD: 10.46%
• 6M: 9.86%
• 1Y: 25.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DIVS vs. KLMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DIVS SmartETFs Dividend Builder ETF	6.02%	11.66%	3.41%
KLMT Invesco MSCI Global Climate 500 ETF	10.46%	21.31%	4.94%

Correlation

The correlation between DIVS and KLMT is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	0.77

The correlation between DIVS and KLMT has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.

DIVS vs. KLMT - Sectors Allocation Comparison

Sectors	DIVS	KLMT
Industrials	24.8%	9.9%
Technology	22.5%	33.8%
Consumer Defensive	20.6%	4.7%
Financial Services	13.6%	16.2%
Healthcare	12.7%	7.5%
Communication Services	3.2%	8.6%
Consumer Cyclical	2.6%	8.0%
Basic Materials	-	2.7%
Energy	-	3.2%
Real Estate	-	2.6%
Utilities	-	1.8%

Return for Risk

DIVS vs. KLMT — Risk / Return Rank

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

DIVS

DIVS Risk / Return Rank: 27
DIVS Sharpe Ratio Rank: 29
DIVS Sortino Ratio Rank: 29
DIVS Omega Ratio Rank: 27
DIVS Calmar Ratio Rank: 22
DIVS Martin Ratio Rank: 27

KLMT

KLMT Risk / Return Rank: 63
KLMT Sharpe Ratio Rank: 63
KLMT Sortino Ratio Rank: 62
KLMT Omega Ratio Rank: 62
KLMT Calmar Ratio Rank: 59
KLMT Martin Ratio Rank: 68

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.

DIVS vs. KLMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Dividend Builder ETF (DIVS) 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.

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.

	DIVS	KLMT	Difference
Sharpe ratio: Return per unit of total volatility	1.01	1.90	-0.89
Sortino ratio: Return per unit of downside risk	1.50	2.63	-1.13
Omega ratio: Gain probability vs. loss probability	1.18	1.34	-0.17
Calmar ratio: Return relative to maximum drawdown	1.01	2.66	-1.65
Martin ratio: Return relative to average drawdown	3.60	11.28	-7.69

DIVS vs. KLMT - Sharpe Ratio Comparison

The current DIVS Sharpe Ratio is 1.01, which is lower than the KLMT Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of DIVS and KLMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIVS vs. KLMT - Drawdown Comparison

The maximum DIVS drawdown since its inception was -29.55%, which is greater than KLMT's maximum drawdown of -16.87%. Use the drawdown chart below to compare losses from any high point for DIVS and KLMT.

Drawdown Indicators

	DIVS	KLMT	Difference
Max Drawdown Largest peak-to-trough decline	-29.55%	-16.87%	-12.68%
Max Drawdown (1Y) Largest decline over 1 year	-10.62%	-9.54%	-1.08%
Max Drawdown (3Y) Largest decline over 3 years	-12.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.71%	—	—
Current Drawdown Current decline from peak	-2.01%	-2.18%	+0.17%
Average Drawdown Average peak-to-trough decline	-3.70%	-1.91%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	2.25%	+0.72%

Volatility

DIVS vs. KLMT - Volatility Comparison

The current volatility for SmartETFs Dividend Builder ETF (DIVS) is 2.91%, while Invesco MSCI Global Climate 500 ETF (KLMT) has a volatility of 5.40%. This indicates that DIVS experiences smaller price fluctuations and is considered to be less risky than KLMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVS	KLMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	5.40%	-2.49%
Volatility (6M) Calculated over the trailing 6-month period	8.42%	11.08%	-2.66%
Volatility (1Y) Calculated over the trailing 1-year period	10.60%	13.40%	-2.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.07%	16.03%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.10%	16.03%	+10.07%

DIVS vs. KLMT - Expense Ratio Comparison

DIVS has a 0.65% expense ratio, which is higher than KLMT's 0.10% expense ratio.

Dividends

DIVS vs. KLMT - Dividend Comparison

DIVS's dividend yield for the trailing twelve months is around 3.17%, more than KLMT's 1.78% yield.

Position	TTM	2025	2024	2023	2022	2021
DIVS SmartETFs Dividend Builder ETF	3.17%	2.61%	2.66%	3.14%	5.93%	3.76%
KLMT Invesco MSCI Global Climate 500 ETF	1.78%	1.95%	0.85%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVS and KLMT in my portfolio?

DIVS and KLMT have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVS or KLMT?

KLMT has higher volatility (5.40%) compared to DIVS (2.91%). In terms of maximum drawdown, DIVS dropped -29.55% vs KLMT's -16.87%.

Which ETF is better, DIVS or KLMT?

On 1-year performance, KLMT leads with 25.28% vs 10.66% for DIVS. On fees, KLMT is cheaper at 0.10% per year. On volatility, DIVS has been the lower-risk option at 2.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVS or KLMT?

Over the 1-year period, KLMT has performed better with a 25.28% return vs 10.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVS or KLMT?

KLMT is cheaper with a 0.10% expense ratio, compared with 0.65% for DIVS.

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

DIVS has the higher dividend yield at 3.17%, compared with 1.78% for KLMT.

What is the main difference between DIVS and KLMT?

They also come from different issuers: Guinness Atkinson Asset Management and Invesco. Their fees differ too: 0.65% for DIVS and 0.10% for KLMT.

Which has better risk-adjusted returns?

KLMT currently has the higher Sharpe Ratio (1.90 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.