TMFG vs. KLMT

Last updated Aug 4, 2026

TMFG (Motley Fool Global Opportunities ETF) and KLMT (Invesco MSCI Global Climate 500 ETF) are both Global Equities funds. TMFG is actively managed, while KLMT is passively managed. Over the past year, TMFG returned 8.13% vs 25.10% for KLMT. Their correlation of 0.81 means they have usually moved in the same direction. TMFG charges 0.85%/yr vs 0.10%/yr for KLMT.

Performance

TMFG vs. KLMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Motley Fool Global Opportunities ETF (TMFG) 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, TMFG achieves a 5.76% return, which is significantly lower than KLMT's 13.27% return.

TMFG

• 1D: 1.85%
• 1M: 2.53%
• 6M: 5.07%
• YTD: 5.76%
• 1Y: 8.13%
• 3Y*: 12.52%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.47%

KLMT

• 1D: 0.97%
• 1M: 1.61%
• 6M: 9.82%
• YTD: 13.27%
• 1Y: 25.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.02%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KLMT Invesco MSCI Global Climate 500 ETF	$56.38K	$65.07K	$75.83K
TMFG Motley Fool Global Opportunities ETF	$305.59K	$359.54K	$429.54K

TMFG vs. KLMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TMFG Motley Fool Global Opportunities ETF	5.76%	6.75%	9.17%
KLMT Invesco MSCI Global Climate 500 ETF	13.27%	21.31%	4.94%

Correlation

The correlation between TMFG and KLMT is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.75
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	0.81

The correlation between TMFG and KLMT has been stable across timeframes, ranging from 0.75 to 0.81 - a consistent structural relationship.

TMFG vs. KLMT - Sectors Allocation Comparison

Sectors	TMFG	KLMT
Industrials	23.9%	10.5%
Financial Services	17.9%	16.0%
Communication Services	13.0%	8.5%
Technology	12.4%	33.5%
Consumer Cyclical	10.7%	8.6%
Real Estate	8.1%	2.6%
Healthcare	6.6%	8.2%
Consumer Defensive	5.4%	4.8%
Basic Materials	2.1%	2.7%
Energy	-	3.1%
Utilities	-	1.6%

Return for Risk

TMFG vs. KLMT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TMFG

TMFG Risk / Return Rank: 25
TMFG Sharpe Ratio Rank: 26
TMFG Sortino Ratio Rank: 25
TMFG Omega Ratio Rank: 23
TMFG Calmar Ratio Rank: 23
TMFG Martin Ratio Rank: 28

KLMT

KLMT Risk / Return Rank: 74
KLMT Sharpe Ratio Rank: 74
KLMT Sortino Ratio Rank: 73
KLMT Omega Ratio Rank: 73
KLMT Calmar Ratio Rank: 70
KLMT Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TMFG vs. KLMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Motley Fool Global Opportunities ETF (TMFG) 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.

	TMFG	KLMT	Difference
Sharpe ratio: Return per unit of total volatility	0.60	1.84	-1.24
Sortino ratio: Return per unit of downside risk	0.94	2.55	-1.61
Omega ratio: Gain probability vs. loss probability	1.11	1.33	-0.22
Calmar ratio: Return relative to maximum drawdown	0.69	2.64	-1.95
Martin ratio: Return relative to average drawdown	2.33	11.02	-8.69

TMFG vs. KLMT - Sharpe Ratio Comparison

The current TMFG Sharpe Ratio is 0.60, which is lower than the KLMT Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of TMFG 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

TMFG vs. KLMT - Drawdown Comparison

The maximum TMFG drawdown since its inception was -33.66%, which is greater than KLMT's maximum drawdown of -16.87%. Use the drawdown chart below to compare losses from any high point for TMFG and KLMT.

Drawdown Indicators

	TMFG	KLMT	Difference
Max Drawdown Largest peak-to-trough decline	-33.66%	-16.87%	-16.79%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-9.54%	-2.27%
Max Drawdown (3Y) Largest decline over 3 years	-16.60%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.16%	-1.87%	-8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	2.28%	+1.22%

Volatility

TMFG vs. KLMT - Volatility Comparison

Motley Fool Global Opportunities ETF (TMFG) and Invesco MSCI Global Climate 500 ETF (KLMT) have volatilities of 3.92% and 3.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TMFG	KLMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	3.99%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	10.52%	11.42%	-0.90%
Volatility (1Y) Calculated over the trailing 1-year period	13.59%	13.70%	-0.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.45%	15.87%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	15.87%	+2.58%

TMFG vs. KLMT - Expense Ratio Comparison

TMFG has a 0.85% expense ratio, which is higher than KLMT's 0.10% expense ratio.

Dividends

TMFG vs. KLMT - Dividend Comparison

TMFG's dividend yield for the trailing twelve months is around 0.26%, less than KLMT's 1.74% yield.

Position	TTM	2025	2024	2023	2022
KLMT Invesco MSCI Global Climate 500 ETF	1.74%	1.95%	0.85%	0.00%	0.00%
TMFG Motley Fool Global Opportunities ETF	0.26%	0.27%	13.94%	5.42%	0.70%

Frequently Asked Questions

Can I hold both TMFG and KLMT in my portfolio?

TMFG and KLMT have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TMFG or KLMT?

KLMT has higher volatility (3.99%) compared to TMFG (3.92%). In terms of maximum drawdown, TMFG dropped -33.66% vs KLMT's -16.87%.

Which ETF is better, TMFG or KLMT?

On 1-year performance, KLMT leads with 25.10% vs 8.13% for TMFG. On fees, KLMT is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TMFG or KLMT?

Over the 1-year period, KLMT has performed better with a 25.10% return vs 8.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TMFG or KLMT?

KLMT is cheaper with a 0.10% expense ratio, compared with 0.85% for TMFG.

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

KLMT has the higher dividend yield at 1.74%, compared with 0.26% for TMFG.

What is the main difference between TMFG and KLMT?

They also come from different issuers: Motley Fool and Invesco. Their fees differ too: 0.85% for TMFG and 0.10% for KLMT.

Which has better risk-adjusted returns?

KLMT currently has the higher Sharpe Ratio (1.84 vs 0.60), 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.