KLMN vs. COMT
KLMN (Invesco MSCI North America Climate ETF) and COMT (iShares Commodities Select Strategy ETF) are both exchange-traded funds - KLMN is a Large Cap Blend Equities fund tracking the MSCI Global Climate 500 North America Selection Index, while COMT is a Commodities fund actively managed by iShares. KLMN is passively managed, while COMT is actively managed. Over the past year, KLMN returned 27.74% vs 47.51% for COMT. At a correlation of -0.05, they often move in opposite directions. KLMN charges 0.09%/yr vs 0.48%/yr for COMT.
Performance
KLMN vs. COMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KLMN achieves a 10.80% return, which is significantly lower than COMT's 39.67% return.
KLMN
- 1D
- -0.74%
- 1M
- 5.01%
- YTD
- 10.80%
- 6M
- 10.80%
- 1Y
- 27.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
COMT
- 1D
- 0.78%
- 1M
- -4.35%
- YTD
- 39.67%
- 6M
- 39.06%
- 1Y
- 47.51%
- 3Y*
- 16.86%
- 5Y*
- 13.50%
- 10Y*
- 9.09%
KLMN vs. COMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KLMN Invesco MSCI North America Climate ETF | 10.80% | 18.24% | -3.62% |
COMT iShares Commodities Select Strategy ETF | 39.67% | 6.07% | 0.58% |
Correlation
The correlation between KLMN and COMT is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024 | -0.05 |
The correlation between KLMN and COMT shifts across timeframes, from -0.22 (1 year) to -0.05 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KLMN vs. COMT — Risk / Return Rank
KLMN
COMT
KLMN vs. COMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI North America Climate ETF (KLMN) and iShares Commodities Select Strategy ETF (COMT). 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.
| KLMN | COMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.40 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 5.95 | -2.84 |
| Martin ratioReturn relative to average drawdown | 14.14 | 14.11 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| KLMN | COMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.28 | 2.24 | +0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.99 | 0.20 | +0.78 |
Drawdowns
KLMN vs. COMT - Drawdown Comparison
The maximum KLMN drawdown since its inception was -19.16%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for KLMN and COMT.
Loading charts...
Drawdown Indicators
| KLMN | COMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.16% | -51.89% | +32.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.96% | -8.02% | -0.94% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.00% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.22% | — |
Current DrawdownCurrent decline from peak | -0.74% | -4.82% | +4.08% |
Average DrawdownAverage peak-to-trough decline | -2.54% | -24.07% | +21.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 3.38% | -1.41% |
Volatility
KLMN vs. COMT - Volatility Comparison
The current volatility for Invesco MSCI North America Climate ETF (KLMN) is 2.95%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 7.37%. This indicates that KLMN experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KLMN | COMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 7.37% | -4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 18.80% | -9.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.22% | 21.29% | -9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.61% | 21.06% | -3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 18.89% | -1.28% |
KLMN vs. COMT - Expense Ratio Comparison
KLMN has a 0.09% expense ratio, which is lower than COMT's 0.48% expense ratio.
Dividends
KLMN vs. COMT - Dividend Comparison
KLMN's dividend yield for the trailing twelve months is around 1.28%, less than COMT's 5.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 5.54% | 7.74% | 4.90% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% |
KLMN Invesco MSCI North America Climate ETF | 1.28% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
KLMN and COMT have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COMT has higher volatility (7.37%) compared to KLMN (2.95%). In terms of maximum drawdown, KLMN dropped -19.16% vs COMT's -51.89%.
On 1-year performance, COMT leads with 47.51% vs 27.74% for KLMN. On fees, KLMN is cheaper at 0.09% per year. On volatility, KLMN has been the lower-risk option at 2.95%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, COMT has performed better with a 47.51% return vs 27.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KLMN is cheaper with a 0.09% expense ratio, compared with 0.48% for COMT.
COMT has the higher dividend yield at 5.54%, compared with 1.28% for KLMN.
KLMN is categorized as Large Cap Blend Equities, while COMT is Commodities. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.09% for KLMN and 0.48% for COMT.
KLMN currently has the higher Sharpe Ratio (2.28 vs 2.24), 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.
Find the right allocation for KLMN and COMT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer