PJBF vs. KLMT

Last updated Jul 17, 2026

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

Performance

PJBF vs. KLMT - Performance Comparison

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

Returns By Period

PJBF

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

KLMT

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

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

PJBF vs. KLMT - Yearly Performance Comparison

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

PJBF vs. KLMT - Sectors Allocation Comparison

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

Return for Risk

PJBF vs. KLMT — Risk / Return Rank

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

PJBF

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

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

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.

PJBF vs. KLMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Better Future ETF (PJBF) 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.

	PJBF	KLMT	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

PJBF vs. KLMT - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

	PJBF	KLMT	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	0.00%	13.49%	-13.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	15.90%	-15.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	15.90%	-15.90%

PJBF vs. KLMT - Expense Ratio Comparison

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

Dividends

PJBF vs. KLMT - Dividend Comparison

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

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, PJBF or KLMT?

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, PJBF or KLMT?

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

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

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

What is the main difference between PJBF and KLMT?

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