KLMT vs. SFGV

Last updated Apr 4, 2026

Compare and contrast key facts about Invesco MSCI Global Climate 500 ETF (KLMT) and Sequoia Global Value ETF (SFGV).

KLMT and SFGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KLMT is a passively managed fund by Invesco that tracks the performance of the MSCI ACWI Select Climate 500 Index. It was launched on Jun 26, 2024. SFGV is an actively managed fund by Sequoia. It was launched on Jan 17, 2024.

Performance

KLMT vs. SFGV - Performance Comparison

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

KLMT vs. SFGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KLMT Invesco MSCI Global Climate 500 ETF	-1.54%	21.31%	4.94%
SFGV Sequoia Global Value ETF	4.67%	18.84%	2.70%

Returns By Period

In the year-to-date period, KLMT achieves a -1.54% return, which is significantly lower than SFGV's 4.67% return.

KLMT

• 1D: -0.19%
• 1M: -3.77%
• YTD: -1.54%
• 6M: 0.14%
• 1Y: 24.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SFGV

• 1D: -0.26%
• 1M: -4.00%
• YTD: 4.67%
• 6M: 6.38%
• 1Y: 25.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KLMT vs. SFGV - Expense Ratio Comparison

KLMT has a 0.10% expense ratio, which is lower than SFGV's 0.33% expense ratio.

SFGV

Sequoia Global Value ETF

KLMT

Invesco MSCI Global Climate 500 ETF

Return for Risk

KLMT vs. SFGV — Risk / Return Rank

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

KLMT

KLMT Risk / Return Rank: 59
KLMT Sharpe Ratio Rank: 59
KLMT Sortino Ratio Rank: 62
KLMT Omega Ratio Rank: 63
KLMT Calmar Ratio Rank: 50
KLMT Martin Ratio Rank: 60

SFGV

SFGV Risk / Return Rank: 67
SFGV Sharpe Ratio Rank: 72
SFGV Sortino Ratio Rank: 73
SFGV Omega Ratio Rank: 71
SFGV Calmar Ratio Rank: 55
SFGV Martin Ratio Rank: 63

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. SFGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Global Climate 500 ETF (KLMT) and Sequoia Global Value ETF (SFGV). 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	SFGV	Difference
Sharpe ratio Return per unit of total volatility	1.10	1.34	-0.24
Sortino ratio Return per unit of downside risk	1.66	1.93	-0.27
Omega ratio Gain probability vs. loss probability	1.25	1.28	-0.03
Calmar ratio Return relative to maximum drawdown	1.66	1.76	-0.11
Martin ratio Return relative to average drawdown	7.52	8.01	-0.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KLMT vs. SFGV - Sharpe Ratio Comparison

The current KLMT Sharpe Ratio is 1.10, which is comparable to the SFGV Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of KLMT and SFGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KLMT	SFGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	1.34	-0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	1.18	-0.32

Correlation

The correlation between KLMT and SFGV is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

KLMT vs. SFGV - Dividend Comparison

KLMT's dividend yield for the trailing twelve months is around 1.99%, less than SFGV's 2.40% yield.

	TTM	2025	2024
KLMT Invesco MSCI Global Climate 500 ETF	1.99%	1.95%	0.85%
SFGV Sequoia Global Value ETF	2.40%	2.52%	2.23%

Drawdowns

KLMT vs. SFGV - Drawdown Comparison

The maximum KLMT drawdown since its inception was -16.87%, which is greater than SFGV's maximum drawdown of -14.51%. Use the drawdown chart below to compare losses from any high point for KLMT and SFGV.

Drawdown Indicators

	KLMT	SFGV	Difference
Max Drawdown Largest peak-to-trough decline	-16.87%	-14.51%	-2.36%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-8.36%	-1.18%
Current Drawdown Current decline from peak	-6.01%	-5.79%	-0.22%
Average Drawdown Average peak-to-trough decline	-2.01%	-1.89%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	2.66%	0.00%

Volatility

KLMT vs. SFGV - Volatility Comparison

Invesco MSCI Global Climate 500 ETF (KLMT) has a higher volatility of 6.06% compared to Sequoia Global Value ETF (SFGV) at 4.68%. This indicates that KLMT's price experiences larger fluctuations and is considered to be riskier than SFGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KLMT	SFGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.06%	4.68%	+1.38%
Volatility (6M) Calculated over the trailing 6-month period	9.93%	8.70%	+1.23%
Volatility (1Y) Calculated over the trailing 1-year period	17.54%	15.53%	+2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.01%	13.35%	+2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.01%	13.35%	+2.66%