KLMT vs. PJBF

Last updated Jul 17, 2026

KLMT (Invesco MSCI Global Climate 500 ETF) and PJBF (PGIM Jennison Better Future ETF) are both Global Equities funds. KLMT is passively managed, while PJBF is actively managed. KLMT charges 0.10%/yr vs 0.59%/yr for PJBF.

Performance

KLMT vs. PJBF - Performance Comparison

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

Returns By Period

KLMT

• 1D: -0.76%
• 1M: -0.17%
• 6M: 9.69%
• YTD: 11.81%
• 1Y: 22.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PJBF

• 1D: 0.00%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KLMT vs. PJBF - Yearly Performance Comparison

	2026 (YTD)
KLMT Invesco MSCI Global Climate 500 ETF	0.17%
PJBF PGIM Jennison Better Future ETF	0.00%

KLMT vs. PJBF - Sectors Allocation Comparison

Sectors	KLMT	PJBF
Technology	25.2%	40.0%
Financial Services	8.6%	2.5%
Communication Services	6.6%	11.5%
Healthcare	6.3%	11.5%
Consumer Cyclical	6.3%	13.8%
Industrials	5.6%	16.5%
Consumer Defensive	3.4%	2.3%
Energy	2.3%	-
Basic Materials	1.9%	-
Real Estate	1.5%	-
Utilities	0.9%	2.0%

Return for Risk

KLMT vs. PJBF — Risk / Return Rank

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

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: 69

PJBF

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

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.

KLMT vs. PJBF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Global Climate 500 ETF (KLMT) and PGIM Jennison Better Future ETF (PJBF). 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.

	KLMT	PJBF	Difference
Sharpe ratio: Return per unit of total volatility	1.67	—	—
Sortino ratio: Return per unit of downside risk	2.34	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.37	—	—
Martin ratio: Return relative to average drawdown	9.94	—	—

Drawdowns

KLMT vs. PJBF - Drawdown Comparison

The maximum KLMT drawdown since its inception was -16.87%, which is greater than PJBF's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for KLMT and PJBF.

Drawdown Indicators

	KLMT	PJBF	Difference
Max Drawdown Largest peak-to-trough decline	-16.87%	0.00%	-16.87%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	—	—
Current Drawdown Current decline from peak	-0.98%	0.00%	-0.98%
Average Drawdown Average peak-to-trough decline	-1.88%	0.00%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.27%	—	—

Volatility

Volatility by Period

	KLMT	PJBF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.49%	0.00%	+13.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.90%	0.00%	+15.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.90%	0.00%	+15.90%

KLMT vs. PJBF - Expense Ratio Comparison

KLMT has a 0.10% expense ratio, which is lower than PJBF's 0.59% expense ratio.

Dividends

KLMT vs. PJBF - Dividend Comparison

KLMT's dividend yield for the trailing twelve months is around 1.76%, while PJBF has not paid dividends to shareholders.

Position	TTM	2025	2024
KLMT Invesco MSCI Global Climate 500 ETF	1.76%	1.95%	0.85%
PJBF PGIM Jennison Better Future ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, KLMT or PJBF?

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, KLMT or PJBF?

KLMT is cheaper with a 0.10% expense ratio, compared with 0.59% for PJBF.

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

KLMT has the higher dividend yield at 1.76%, compared with 0.00% for PJBF.

What is the main difference between KLMT and PJBF?

They also come from different issuers: Invesco and PGIM. Their fees differ too: 0.10% for KLMT and 0.59% for PJBF.