KLMT vs. SDG
KLMT (Invesco MSCI Global Climate 500 ETF) and SDG (iShares MSCI Global Sustainable Development Goals ETF) are both Global Equities funds - KLMT tracks the MSCI ACWI Select Climate 500 Index while SDG tracks the MSCI ACWI Sustainable Development Index. Both are passively managed. Over the past year, KLMT returned 27.86% vs 25.55% for SDG. A 0.69 correlation means they provide meaningful diversification when combined. KLMT charges 0.10%/yr vs 0.50%/yr for SDG.
Performance
KLMT vs. SDG - Performance Comparison
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Returns By Period
In the year-to-date period, KLMT achieves a 12.04% return, which is significantly higher than SDG's 9.89% return.
KLMT
- 1D
- -0.78%
- 1M
- 5.23%
- YTD
- 12.04%
- 6M
- 12.88%
- 1Y
- 27.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SDG
- 1D
- -0.33%
- 1M
- 4.20%
- YTD
- 9.89%
- 6M
- 9.62%
- 1Y
- 25.55%
- 3Y*
- 7.55%
- 5Y*
- 0.66%
- 10Y*
- 8.63%
KLMT vs. SDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
KLMT Invesco MSCI Global Climate 500 ETF | 12.04% | 21.31% | 4.94% |
SDG iShares MSCI Global Sustainable Development Goals ETF | 9.89% | 20.19% | -4.52% |
Correlation
The correlation between KLMT and SDG is 0.74, 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 | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024 | 0.69 |
The correlation between KLMT and SDG has been stable across timeframes, ranging from 0.69 to 0.74 - a consistent structural relationship.
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Return for Risk
KLMT vs. SDG — Risk / Return Rank
KLMT
SDG
KLMT vs. SDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Global Climate 500 ETF (KLMT) and iShares MSCI Global Sustainable Development Goals ETF (SDG). 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.
| KLMT | SDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.32 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | 2.96 | -0.02 |
| Martin ratioReturn relative to average drawdown | 12.75 | 10.84 | +1.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KLMT | SDG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.22 | 1.78 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.04 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.28 | 0.51 | +0.77 |
Drawdowns
KLMT vs. SDG - Drawdown Comparison
The maximum KLMT drawdown since its inception was -16.87%, smaller than the maximum SDG drawdown of -30.35%. Use the drawdown chart below to compare losses from any high point for KLMT and SDG.
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Drawdown Indicators
| KLMT | SDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.87% | -30.35% | +13.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.54% | -8.68% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.92% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.35% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.35% | — |
Current DrawdownCurrent decline from peak | -0.78% | -0.33% | -0.45% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -9.66% | +7.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.19% | 2.36% | -0.17% |
Volatility
KLMT vs. SDG - Volatility Comparison
The current volatility for Invesco MSCI Global Climate 500 ETF (KLMT) is 3.76%, while iShares MSCI Global Sustainable Development Goals ETF (SDG) has a volatility of 5.28%. This indicates that KLMT experiences smaller price fluctuations and is considered to be less risky than SDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLMT | SDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 5.28% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 10.07% | 11.07% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.61% | 14.41% | -1.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 15.63% | +0.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.85% | 16.68% | -0.83% |
KLMT vs. SDG - Expense Ratio Comparison
KLMT has a 0.10% expense ratio, which is lower than SDG's 0.50% expense ratio.
Dividends
KLMT vs. SDG - Dividend Comparison
KLMT's dividend yield for the trailing twelve months is around 1.75%, less than SDG's 1.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
KLMT Invesco MSCI Global Climate 500 ETF | 1.75% | 1.95% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SDG iShares MSCI Global Sustainable Development Goals ETF | 1.82% | 2.00% | 1.95% | 1.77% | 1.82% | 1.66% | 0.97% | 1.39% | 2.47% | 2.54% | 1.34% |
Frequently Asked Questions
KLMT and SDG have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SDG has higher volatility (5.28%) compared to KLMT (3.76%). In terms of maximum drawdown, KLMT dropped -16.87% vs SDG's -30.35%.
On 1-year performance, KLMT leads with 27.86% vs 25.55% for SDG. On fees, KLMT is cheaper at 0.10% per year. On volatility, KLMT has been the lower-risk option at 3.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, KLMT has performed better with a 27.86% return vs 25.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
KLMT is cheaper with a 0.10% expense ratio, compared with 0.50% for SDG.
SDG has the higher dividend yield at 1.82%, compared with 1.75% for KLMT.
KLMT tracks MSCI ACWI Select Climate 500 Index, while SDG tracks MSCI ACWI Sustainable Development Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.10% for KLMT and 0.50% for SDG.
KLMT currently has the higher Sharpe Ratio (2.22 vs 1.78), 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.
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