KLMN - ETF AI Analysis
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Invesco MSCI North America Climate ETF (KLMN)
KLMN, the Invesco MSCI North America Climate ETF, earns a solid overall rating largely because it is heavily invested in high-quality tech leaders like Microsoft and Alphabet, which show strong financial performance and promising growth in cloud and AI. Other major holdings such as Apple and Nvidia also support the rating with robust profitability and strategic focus on AI and services, though many of these stocks trade at premium valuations, which is a key risk. The fund is notably concentrated in a small group of large U.S. tech and growth names, so investors should be aware that sector and valuation risks could increase volatility.
KLMN vs. SPDR S&P 500 ETF (SPY)
- AUM
- 2.47B
- Region
- North America
- Expense Ratio
- 0.09%
- Beta
- 0.99
- Issuer
- Invesco
- Inception Date
- Dec 11, 2024
- Dividend Yield
- 1.17%
- Asset Class
- Equity
- Index Tracked
- MSCI Global Climate 500 North America Selection Index
KLMN Summary
The Invesco MSCI North America Climate ETF (KLMN) follows the MSCI Global Climate 500 North America Selection Index, focusing on U.S. and Canadian companies that are working to address climate change. It holds many well-known names like Apple and Microsoft, along with other large tech and growth-focused businesses, giving investors broad exposure to the North American stock market with a climate-friendly tilt. Someone might invest in KLMN to seek long-term growth while supporting companies with stronger environmental practices. A key risk is that it is heavily tilted toward technology and stock markets, so its value can rise and fall sharply with market swings.
How much will it cost me?
This ETF has an expense ratio of 0.09%, which means you’ll pay about $0.90 per year for every $1,000 invested. That’s lower than the average ETF cost because it’s a passively managed fund that tracks an index rather than paying managers to pick individual stocks.
What would affect this ETF?
KLMN could benefit if North American technology and other innovative companies continue to grow and if climate-focused regulations and consumer demand support businesses with strong environmental practices, which aligns with its heavy exposure to large tech names like Nvidia, Apple, and Microsoft. On the other hand, the ETF could be hurt by rising interest rates or economic slowdowns that weigh on growth and cyclical sectors, as well as any policy changes or setbacks that reduce support for climate initiatives or increase regulatory costs for its holdings.
KLMN Top 10 Holdings
KLMN is riding a powerful North American tech wave, with Nvidia, Apple, and Microsoft doing most of the heavy lifting. Nvidia and Apple have been steadily rising, while Microsoft’s strong recent run in cloud and AI has added extra fuel. Meta and chip names like AMD and Micron are surging, giving the fund even more of a semiconductor and Big Tech flavor. On the flip side, Amazon and Broadcom have been more mixed lately, occasionally dragging on returns. Overall, this is a climate-focused fund whose story is dominated by U.S. tech strength.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 AAPL | Apple | 7.41% | $179.17M | $5.03T | 26.98% | 79Outperform |
 NVDA | Nvidia | 6.91% | $167.18M | $4.93T | 0.86% | 76Outperform |
 MSFT | Microsoft | 5.41% | $130.95M | $3.88T | -0.73% | 79Outperform |
 AMZN | Amazon | 3.40% | $82.24M | $2.59T | 7.85% | 71Outperform |
 GOOGL | Alphabet Class A | 2.64% | $63.94M | $3.41T | -0.58% | 85Outperform |
 AVGO | Broadcom | 2.15% | $51.97M | $1.56T | -13.38% | 76Outperform |
 META | Meta Platforms | 2.00% | $48.31M | $1.57T | -7.72% | 76Outperform |
 LLY | Eli Lilly & Co | 1.67% | $40.51M | $1.33T | 67.86% | 72Outperform |
 TSLA | Tesla | 1.66% | $40.04M | $1.58T | -9.15% | 73Outperform |
 GOOG | Alphabet Class C | 1.62% | $39.20M | $3.41T | -1.31% | 82Outperform |
KLMN Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KLMN, the sentiment is Negative. The current price of 31.02 is below the 20-day moving average (MA) of 31.62, below the 50-day MA of 31.53, and above the 200-day MA of 29.82, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 39.95 is Neutral, neither overbought nor oversold. The STOCH value of 53.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KLMN.
KLMN Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| KLMN | $31.02 | $35.00(12.84% Upside) | $2.47B | 0.09% | 74Outperform |
 BBUS | $136.12 | $168.44(23.74% Upside) | $9.75B | 0.02% | 73Outperform |
 FINA | $25.27 | $31.14(23.22% Upside) | $2.30B | 0.09% | 74Outperform |
 CGCV | $33.54 | $38.92(16.04% Upside) | $2.24B | 0.33% | 70Outperform |
 CCFE | $24.88 | $32.89(32.22% Upside) | $33.03M | 0.96% | 58Neutral |
 NRSH | $29.32 | $41.34(40.98% Upside) | $31.31M | 0.76% | 68Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| KLMN | Invesco MSCI North America Climate ETF | 31.02 | 3.27 | 11.81% | |
| BBUS | JP Morgan Betabuilders U.S. Equity ETF | 136.12 | 13.64 | 11.14% | |
| FINA | Fidelity MSCI North American Subset Index ETF | 25.27 | 0.21 | 0.84% | |
| CGCV | Capital Group Conservative Equity ETF | 33.54 | 4.11 | 13.97% | |
| CCFE | Concourse Capital Focused Equity ETF | 24.88 | -1.28 | -4.90% | |
| NRSH | Aztlan North America Nearshoring Stock Selection ETF | 29.32 | 4.74 | 19.28% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.