IVV vs KLMN
IVV vs KLMN
iShares Core S&P 500 ETF vs Invesco MSCI North America Climate ETF
Quick Verdict
IVV has a lower expense ratio. KLMN delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | KLMN | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.09% | |
| AUM | $865.2B | $2.3B | |
| Dividend Yield | 1.09% | 1.20% | |
| Holdings | 508 | 281 | |
| YTD Return | +9.93% | +10.30% | |
| 1Y Return | +19.59% | +20.25% | |
| 3Y Return (annualized) | +19.41% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.1% | 13.3% | |
| Max Drawdown | -56.5% | -19.2% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 11, 2024 |
IVV vs KLMN Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Invesco MSCI North America Climate ETF (KLMN) is a ETF from Invesco (US). Over the past year IVV returned +19.59% while KLMN returned +20.25%. Year to date, IVV is up 9.93% versus a gain of 10.30% for KLMN.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.3% for KLMN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -19.2% for KLMN. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while KLMN charges 0.09%. On a $10,000 position that is $3 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 1.20% for KLMN.
Holdings Overlap
IVV and KLMN share 231 holdings out of 544 unique holdings combined, representing a 80.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in IVV | Weight in KLMN | Difference |
|---|---|---|---|
| NVDA | 7.76% | 6.69% | 1.07% |
| AAPL | 7.44% | 6.15% | 1.29% |
| MSFT | 4.57% | 3.88% | 0.69% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings IVV shares with KLMN Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or KLMN?
IVV has an expense ratio of 0.03% while KLMN charges 0.09%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, IVV or KLMN?
Over the past year IVV returned +19.59% vs +20.25% for KLMN, so KLMN leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +6.91% vs +15.05% for KLMN. Past performance does not guarantee future results.
Which is riskier, IVV or KLMN?
IVV has been the more volatile fund at 15.1% annualized versus 13.3% for KLMN. Worst drawdown: IVV -56.5% vs KLMN -19.2%.
Should I hold both IVV and KLMN?
IVV and KLMN have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and KLMN?
IVV and KLMN share 231 common holdings with a 80.1% weight overlap. Combined, they hold 544 unique securities.
Which pays a higher dividend, IVV or KLMN?
IVV yields 1.09% while KLMN yields 1.20%, so KLMN currently pays the higher dividend yield.
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