KLMN vs VOO
KLMN vs VOO
Invesco MSCI North America Climate ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. KLMN delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | KLMN | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $2.3B | $979.0B | |
| Dividend Yield | 1.20% | 1.09% | |
| Holdings | 281 | 509 | |
| YTD Return | +10.30% | +9.95% | |
| 1Y Return | +20.25% | +19.58% | |
| 3Y Return (annualized) | - | +19.43% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 13.3% | 14.2% | |
| Max Drawdown | -19.2% | -34.3% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 11, 2024 | Sep 7, 2010 |
KLMN vs VOO Performance
Invesco MSCI North America Climate ETF (KLMN) is a ETF from Invesco (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year KLMN returned +20.25% while VOO returned +19.58%. Year to date, KLMN is up 10.30% versus a gain of 9.95% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% 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 -19.2% for KLMN and -34.3% for VOO. 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
KLMN charges 0.09% per year while VOO charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, KLMN currently yields 1.20% against 1.09% for VOO.
Holdings Overlap
KLMN and VOO share 234 holdings out of 541 unique holdings combined, representing a 82.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in KLMN | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 6.69% | 7.51% | 0.82% |
| AAPL | 6.15% | 6.59% | 0.44% |
| MSFT | 3.88% | 4.30% | 0.42% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings KLMN shares with VOO 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, KLMN or VOO?
KLMN has an expense ratio of 0.09% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, KLMN or VOO?
Over the past year KLMN returned +20.25% vs +19.58% for VOO, so KLMN leads on 1-year performance. Over the longest common window we track (2 years), KLMN annualized +15.05% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, KLMN or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 13.3% for KLMN. Worst drawdown: KLMN -19.2% vs VOO -34.3%.
Should I hold both KLMN and VOO?
KLMN and VOO 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 KLMN and VOO?
KLMN and VOO share 234 common holdings with a 82.6% weight overlap. Combined, they hold 541 unique securities.
Which pays a higher dividend, KLMN or VOO?
KLMN yields 1.20% while VOO yields 1.09%, so KLMN currently pays the higher dividend yield.
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