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KLMN - ETF AI Analysis
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Invesco MSCI North America Climate ETF (KLMN)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Nvidia, Alphabet, and Broadcom, have delivered strong year-to-date performance, boosting the ETF's overall returns.
Low Expense Ratio
The ETF has a very low expense ratio, making it cost-effective compared to many other funds.
Sector Diversification
The ETF is spread across multiple sectors, including technology, financials, and healthcare, reducing the risk of overexposure to any one industry.
Negative Factors
High Geographic Concentration
The ETF is heavily concentrated in U.S. companies, with minimal exposure to international markets, limiting global diversification.
Overweight in Technology
Technology accounts for over one-third of the portfolio, making the fund vulnerable to downturns in this sector.
Mixed Performance in Holdings
While some top holdings have performed well, others like Amazon and Apple have shown weaker year-to-date returns, which could impact overall performance.
KLMN vs. SPDR S&P 500 ETF (SPY)
AUM2.70B
RegionNorth America
Expense Ratio0.09%
Beta1.00
IssuerInvesco
Inception DateDec 11, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedMSCI Global Climate 500 North America Selection Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7
30 Day Avg. Volume483,298
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
32.80Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering278
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KLMN Summary
The Invesco MSCI North America Climate ETF (Ticker: KLMN) is an investment fund that focuses on North American companies actively working to address climate change. It follows the MSCI North America Climate Index, which includes businesses with strong climate initiatives and sustainable practices. Some well-known companies in this ETF are Nvidia and Apple. Investors might consider KLMN for its potential growth and the opportunity to support environmentally conscious businesses. However, since it is heavily weighted toward technology companies, its performance could be impacted by fluctuations in the tech sector.
How much will it cost me?The Invesco MSCI North America Climate ETF (Ticker: KLMN) has an expense ratio of 0.09%, which means you’ll pay $0.90 per year for every $1,000 invested. This is lower than average because it’s a passively managed fund that tracks an index, keeping costs down.
What would affect this ETF?The KLMN ETF could benefit from increasing demand for sustainable investments and the growth of technology companies, which make up a significant portion of its holdings. However, it may face challenges from rising interest rates that could impact the financial sector and broader economic slowdowns that affect consumer spending and cyclical industries. Regulatory changes related to climate initiatives could also influence the ETF positively or negatively depending on their scope and enforcement.
KLMN Top 10 Holdings
The Invesco MSCI North America Climate ETF leans heavily on the tech sector, with names like Nvidia and Apple driving its performance. Nvidia’s focus on AI and data centers has kept long-term growth prospects strong despite recent mixed momentum, while Apple’s steady climb reflects its resilience and strategic expansion in services. Alphabet is a standout, rising on AI and cloud investments, while Microsoft’s recent lagging performance has weighed on the fund. With a clear tilt toward North American tech giants, this ETF is riding the wave of innovation but faces challenges from valuation concerns and sector concentration.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.03% | $189.84M | $4.43T | 28.06% | 76 Outperform | |
| Apple | 6.56% | $177.15M | $4.12T | 14.80% | 79 Outperform | |
| Microsoft | 5.43% | $146.60M | $3.59T | 8.92% | 80 Outperform | |
| Amazon | 3.50% | $94.50M | $2.45T | 1.10% | 71 Outperform | |
| Alphabet Class A | 3.21% | $86.65M | $3.88T | 83.89% | 81 Outperform | |
| Broadcom | 2.79% | $75.35M | $1.84T | 117.37% | 76 Outperform | |
| Meta Platforms | 2.35% | $63.47M | $1.70T | 7.96% | 80 Outperform | |
| Alphabet Class C | 2.28% | $61.44M | $3.88T | 82.50% | 82 Outperform | |
| Tesla | 2.05% | $55.34M | $1.51T | 16.90% | 73 Outperform | |
| JPMorgan Chase | 1.41% | $38.01M | $857.62B | 27.36% | 72 Outperform |
KLMN Technical Analysis
Positive
―
Price Trends
27.64
Positive
27.02
Positive
25.32
Positive
Market Momentum
0.15
Negative
60.35
Neutral
99.86
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For KLMN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.73, equal to the 50-day MA of 27.64, and equal to the 200-day MA of 25.32, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 60.35 is Neutral, neither overbought nor oversold. The STOCH value of 99.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KLMN.
KLMN Peer Comparison
Comparison Results
Performance Comparison
KLMN
Invesco MSCI North America Climate ETF
28.22
3.65
14.86%
CGCV
Capital Group Conservative Equity ETF
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FTWO
Strive FAANG 2.0 ETF
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CCFE
Concourse Capital Focused Equity ETF
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NRSH
Aztlan North America Nearshoring Stock Selection ETF
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IVRA
Invesco Real Assets ESG ETF
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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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