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KLMT - ETF AI Analysis
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Invesco MSCI Global Climate 500 ETF (KLMT)
Rating:71Outperform
Price Target:
$34.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, including Nvidia and Broadcom, have delivered strong year-to-date performance, supporting overall fund growth.
Low Expense Ratio
The ETF charges a very low expense ratio compared to industry averages, making it cost-effective for investors.
Sector Diversification
The fund is spread across multiple sectors, including Technology, Financials, and Consumer Cyclical, reducing reliance on any single industry.
Negative Factors
High Geographic Concentration
Nearly 70% of the fund's exposure is in U.S. companies, limiting diversification across global markets.
Underperforming Holdings
Some top holdings, such as Amazon and Apple, have shown weaker year-to-date performance, which could drag on returns.
Overweight in Technology
With over 26% of the portfolio allocated to Technology, the fund is heavily exposed to potential volatility in this sector.
KLMT vs. SPDR S&P 500 ETF (SPY)
AUM1.40B
RegionGlobal
Expense Ratio0.10%
Beta0.92
IssuerInvesco
Inception DateJun 26, 2024
Dividend Yield1.74%
Asset ClassEquity
Index TrackedMSCI ACWI Select Climate 500 Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,909
30 Day Avg. Volume7,618
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
34.61Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering502
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KLMT Summary
The Invesco MSCI Global Climate 500 ETF (KLMT) is an investment fund that focuses on companies committed to reducing their carbon footprint and promoting sustainable practices. It follows the MSCI Global Climate 500 Index, which includes well-known companies like Nvidia and Apple, along with others across industries such as technology, finance, and healthcare. This ETF is ideal for investors who want to support environmentally responsible businesses while diversifying their portfolio globally. However, since it includes many large tech companies, its performance can be heavily influenced by the ups and downs of the tech sector and broader market trends.
How much will it cost me?The Invesco MSCI Global Climate 500 ETF (KLMT) has an expense ratio of 0.10%, which means you’ll pay $1 per year for every $1,000 invested. This is lower than average because it’s passively managed, tracking an index rather than relying on active stock-picking strategies.
What would affect this ETF?KLMT’s focus on climate-conscious companies positions it well to benefit from growing global interest in sustainability and potential government incentives for green initiatives. However, its heavy exposure to technology and consumer sectors could face challenges if economic conditions weaken or if regulatory changes impact major holdings like Nvidia, Apple, or Tesla. Additionally, global market fluctuations may influence performance due to its broad geographic exposure.
KLMT Top 10 Holdings
The KLMT ETF is leaning heavily on tech giants like Nvidia and Microsoft, which are riding the wave of AI innovation and cloud growth, driving steady performance for the fund. Alphabet is also a bright spot, showing bullish momentum thanks to its advancements in AI and cloud services. However, Amazon and Meta are holding the fund back, with mixed results and challenges in margins and regulatory hurdles. With a clear tilt toward technology, KLMT’s global exposure offers a sustainable focus, but its reliance on Big Tech means performance could hinge on the sector’s resilience.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 5.43% | $75.28M | $4.83T | 42.01% | 85 Outperform | |
| Apple | 4.55% | $63.17M | $3.99T | 20.85% | 80 Outperform | |
| Microsoft | 4.09% | $56.78M | $3.82T | 25.00% | 82 Outperform | |
| Amazon | 2.67% | $37.06M | $2.67T | 24.97% | 76 Outperform | |
| Alphabet Class A | 2.05% | $28.44M | $3.35T | 63.51% | 80 Outperform | |
| Broadcom | 1.78% | $24.63M | $1.66T | 102.38% | 76 Outperform | |
| Meta Platforms | 1.56% | $21.70M | $1.58T | 9.59% | 71 Outperform | |
| Tesla | 1.45% | $20.12M | $1.48T | 76.69% | 73 Outperform | |
| Alphabet Class C | 1.32% | $18.31M | $3.35T | 65.75% | 86 Outperform | |
| JPMorgan Chase | 0.99% | $13.69M | $850.36B | 39.62% | 70 Outperform |
KLMT Technical Analysis
Neutral
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Price Trends
30.23
Positive
29.40
Positive
27.78
Positive
Market Momentum
0.23
Positive
50.80
Neutral
32.95
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KLMT, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 30.66, equal to the 50-day MA of 30.23, and equal to the 200-day MA of 27.78, indicating a neutral trend. The MACD of 0.23 indicates Positive momentum. The RSI at 50.80 is Neutral, neither overbought nor oversold. The STOCH value of 32.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KLMT.
KLMT Peer Comparison
Comparison Results
Performance Comparison
KLMT
Invesco MSCI Global Climate 500 ETF
30.65
4.51
17.25%
JGLO
JPMorgan Global Select Equity ETF
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CGDG
Capital Group Dividend Growers ETF
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ACWV
iShares MSCI Global Min Vol Factor ETF
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BDYN
iShares Dynamic Equity Active ETF
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BDVL
iShares Disciplined Volatility Equity Active ETF Trust Unit
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
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.Date of analysis: ―
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