SFGV vs. KLMT

Last updated Jun 23, 2026

SFGV (Sequoia Global Value ETF) and KLMT (Invesco MSCI Global Climate 500 ETF) are both Global Equities funds. SFGV is actively managed, while KLMT is passively managed. Over the past year, SFGV returned 25.55% vs 28.90% for KLMT. Their correlation of 0.80 suggests significant overlap in exposure. SFGV charges 0.33%/yr vs 0.10%/yr for KLMT.

Performance

SFGV vs. KLMT - Performance Comparison

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

Returns By Period

In the year-to-date period, SFGV achieves a 11.69% return, which is significantly lower than KLMT's 12.62% return.

SFGV

• 1D: -0.32%
• 1M: 0.86%
• YTD: 11.69%
• 6M: 11.41%
• 1Y: 25.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KLMT

• 1D: 0.21%
• 1M: 2.30%
• YTD: 12.62%
• 6M: 12.61%
• 1Y: 28.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SFGV vs. KLMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SFGV Sequoia Global Value ETF	11.69%	18.84%	2.32%
KLMT Invesco MSCI Global Climate 500 ETF	12.62%	21.31%	4.94%

Correlation

The correlation between SFGV and KLMT is 0.77, 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	0.77
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	0.80

The correlation between SFGV and KLMT has been stable across timeframes, ranging from 0.77 to 0.80 - a consistent structural relationship.

SFGV vs. KLMT - Sectors Allocation Comparison

Sectors	SFGV	KLMT
Consumer Cyclical	15.3%	8.0%
Industrials	13.7%	9.9%
Healthcare	12.7%	7.5%
Energy	11.4%	3.2%
Technology	11.4%	33.8%
Financial Services	10.5%	16.2%
Consumer Defensive	8.8%	4.7%
Basic Materials	6.0%	2.7%
Real Estate	5.9%	2.6%
Communication Services	3.4%	8.6%
Utilities	1.0%	1.8%

Return for Risk

SFGV vs. KLMT — Risk / Return Rank

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

SFGV

SFGV Risk / Return Rank: 68
SFGV Sharpe Ratio Rank: 70
SFGV Sortino Ratio Rank: 73
SFGV Omega Ratio Rank: 68
SFGV Calmar Ratio Rank: 64
SFGV Martin Ratio Rank: 65

KLMT

KLMT Risk / Return Rank: 69
KLMT Sharpe Ratio Rank: 70
KLMT Sortino Ratio Rank: 69
KLMT Omega Ratio Rank: 69
KLMT Calmar Ratio Rank: 63
KLMT Martin Ratio Rank: 71

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.

SFGV vs. KLMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sequoia Global Value ETF (SFGV) 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.

	SFGV	KLMT	Difference
Sharpe ratio: Return per unit of total volatility	2.18	2.19	-0.01
Sortino ratio: Return per unit of downside risk	3.13	3.01	+0.12
Omega ratio: Gain probability vs. loss probability	1.39	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	3.07	3.04	+0.03
Martin ratio: Return relative to average drawdown	11.46	12.92	-1.46

SFGV vs. KLMT - Sharpe Ratio Comparison

The current SFGV Sharpe Ratio is 2.18, which is comparable to the KLMT Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of SFGV and KLMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SFGV vs. KLMT - Drawdown Comparison

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

Drawdown Indicators

	SFGV	KLMT	Difference
Max Drawdown Largest peak-to-trough decline	-14.51%	-16.87%	+2.36%
Max Drawdown (1Y) Largest decline over 1 year	-8.36%	-9.54%	+1.18%
Current Drawdown Current decline from peak	-1.20%	-0.26%	-0.94%
Average Drawdown Average peak-to-trough decline	-1.87%	-1.90%	+0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.24%	-0.01%

Volatility

SFGV vs. KLMT - Volatility Comparison

The current volatility for Sequoia Global Value ETF (SFGV) is 3.33%, while Invesco MSCI Global Climate 500 ETF (KLMT) has a volatility of 4.99%. This indicates that SFGV experiences smaller price fluctuations and is considered to be less risky than KLMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SFGV	KLMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	4.99%	-1.66%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	10.91%	-2.04%
Volatility (1Y) Calculated over the trailing 1-year period	11.81%	13.27%	-1.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	15.98%	-2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.26%	15.98%	-2.72%

SFGV vs. KLMT - Expense Ratio Comparison

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

Dividends

SFGV vs. KLMT - Dividend Comparison

SFGV's dividend yield for the trailing twelve months is around 2.25%, more than KLMT's 2.19% yield.

Position	TTM	2025	2024
KLMT Invesco MSCI Global Climate 500 ETF	2.19%	1.95%	0.85%
SFGV Sequoia Global Value ETF	2.25%	2.52%	2.23%

Frequently Asked Questions

Can I hold both SFGV and KLMT in my portfolio?

SFGV and KLMT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SFGV or KLMT?

KLMT has higher volatility (4.99%) compared to SFGV (3.33%). In terms of maximum drawdown, SFGV dropped -14.51% vs KLMT's -16.87%.

Which ETF is better, SFGV or KLMT?

On 1-year performance, KLMT leads with 28.90% vs 25.55% for SFGV. On fees, KLMT is cheaper at 0.10% per year. On volatility, SFGV has been the lower-risk option at 3.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SFGV or KLMT?

Over the 1-year period, KLMT has performed better with a 28.90% return vs 25.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SFGV or KLMT?

KLMT is cheaper with a 0.10% expense ratio, compared with 0.33% for SFGV.

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

SFGV has the higher dividend yield at 2.25%, compared with 2.19% for KLMT.

What is the main difference between SFGV and KLMT?

They also come from different issuers: Sequoia and Invesco. Their fees differ too: 0.33% for SFGV and 0.10% for KLMT.

Which has better risk-adjusted returns?

KLMT currently has the higher Sharpe Ratio (2.19 vs 2.18), 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.