KLMN - ETF AI Analysis

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Invesco MSCI North America Climate ETF (KLMN)

Rating:74Outperform

Price Target:―

The ETF KLMN benefits from strong contributions by top holdings like Microsoft and Alphabet, which are supported by robust financial performance, strategic investments in AI and cloud services, and positive earnings outlooks. However, weaker holdings such as Tesla and JPMorgan Chase, which face challenges like high valuations and credit cost risks, may have slightly tempered the fund's overall rating. A key risk for this ETF is its concentration in a few large-cap tech companies, which could increase volatility if the sector faces downturns.

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)

AUM2.72B

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. Volume68

30 Day Avg. Volume129,712

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

33.11

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering277

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 into technology, with Nvidia, Apple, and Microsoft leading the charge. Nvidia’s long-term growth in AI and data centers is promising, but recent mixed performance has cooled its momentum. Apple remains steady, buoyed by its services expansion, while Microsoft’s cloud and AI growth offer optimism despite short-term volatility. Alphabet’s strong gains, driven by AI and cloud investments, are a bright spot, while Tesla’s rising stock adds energy to the fund. Overall, the ETF’s tech-heavy focus positions it for innovation-driven growth, though sector concentration could amplify risks.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	7.28%	$197.72M	$4.63T	39.06%	76 Outperform
AAPL	Apple	6.38%	$173.20M	$4.04T	6.97%	79 Outperform
MSFT	Microsoft	5.43%	$147.51M	$3.62T	13.28%	79 Outperform
AMZN	Amazon	3.51%	$95.40M	$2.49T	3.92%	71 Outperform
GOOGL	Alphabet Class A	3.10%	$84.25M	$3.79T	62.64%	85 Outperform
AVGO	Broadcom	2.49%	$67.70M	$1.67T	45.66%	76 Outperform
META	Meta Platforms	2.29%	$62.24M	$1.67T	10.58%	76 Outperform
GOOG	Alphabet Class C	2.20%	$59.79M	$3.79T	62.32%	82 Outperform
TSLA	Tesla	2.12%	$57.53M	$1.58T	10.08%	73 Outperform
JPM	JPMorgan Chase	1.45%	$39.33M	$892.66B	35.97%	72 Outperform

KLMN Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

27.77

Positive

100DMA

27.24

Positive

200DMA

25.55

Positive

Market Momentum

MACD

0.15

Negative

RSI

61.60

Neutral

STOCH

94.99

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 28.05, equal to the 50-day MA of 27.77, and equal to the 200-day MA of 25.55, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 61.60 is Neutral, neither overbought nor oversold. The STOCH value of 94.99 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
KLMN	―	―	$2.72B	0.09%	―
CGCV	―	―	$1.29B	0.33%	―
FTWO	―	―	$56.34M	0.49%	―
CCFE	―	―	$36.84M	0.95%	―
NRSH	―	―	$20.18M	0.76%	―
IVRA	―	―	$13.51M	0.59%	―

Performance Comparison

KLMN

Invesco MSCI North America Climate ETF

28.40

4.52

18.93%

CGCV

Capital Group Conservative Equity ETF

―

FTWO

Strive FAANG 2.0 ETF

―

CCFE

Concourse Capital Focused Equity ETF

―

NRSH

Aztlan North America Nearshoring Stock Selection ETF

―

IVRA

Invesco Real Assets ESG ETF

―

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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