KLMN - ETF AI Analysis
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Invesco MSCI North America Climate ETF (KLMN)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown positive returns over the past month and year-to-date, indicating solid recent momentum.
Leading Technology and Growth Holdings
Several major positions in well-known technology and growth companies have delivered strong gains, helping drive the fund’s overall results.
Low Expense Ratio
The fund charges a relatively low fee, which helps investors keep more of their returns over time.
Negative Factors
Heavy U.S. Concentration
With the vast majority of assets in U.S. stocks, the ETF offers limited geographic diversification and is highly tied to the U.S. market.
Top-Heavy Technology Exposure
A large portion of the portfolio is in technology and a few big tech names, which can increase risk if that sector or those companies struggle.
Mixed Performance Among Top Holdings
Some of the largest positions have shown weak or negative performance recently, which could weigh on future returns if the trend continues.
KLMN vs. SPDR S&P 500 ETF (SPY)
AUM2.49B
RegionNorth America
Expense Ratio0.09%
Beta0.99
IssuerInvesco
Inception DateDec 11, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedMSCI Global Select 500 - North America Subset Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume950,769
30 Day Avg. Volume1,230,772
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
36.25Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering274
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
KLMN Summary
The Invesco MSCI North America Climate ETF (KLMN) tracks the MSCI Global Climate 500 North America Selection Index, focusing on U.S. and Canadian companies that are working to address climate change. It holds many large, familiar names like Apple and Nvidia, along with hundreds of other firms across technology, finance, healthcare, and more. Someone might invest in this ETF to get broad stock market exposure while supporting climate-focused businesses and potential long-term growth. A key risk is that it is heavily tilted toward technology and U.S. stocks, so its price can rise and fall sharply with that part of the market.
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
KLMN is riding a powerful North American tech wave, with Nvidia, Apple, and Microsoft sitting in the driver’s seat. Nvidia and Apple have been rising steadily, giving the fund a strong tailwind, while Microsoft’s more mixed performance has taken a bit of shine off. Alphabet and Amazon are also pulling their weight, keeping the Big Tech engine humming. With heavy exposure to technology and communication services and a clear North American focus, this ETF lives and dies by the fortunes of a handful of climate-conscious tech giants.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.08% | $176.48M | $4.97T | 46.83% | 76 Outperform | |
| Apple | 6.50% | $162.07M | $4.28T | 49.39% | 79 Outperform | |
| Microsoft | 4.14% | $103.29M | $2.90T | -16.57% | 79 Outperform | |
| Amazon | 3.50% | $87.15M | $2.57T | 13.84% | 71 Outperform | |
| Alphabet Class A | 3.46% | $86.20M | $4.35T | 108.94% | 85 Outperform | |
| Broadcom | 2.60% | $64.81M | $1.82T | 56.26% | 76 Outperform | |
| Alphabet Class C | 2.13% | $52.98M | $4.35T | 103.64% | 82 Outperform | |
| Meta Platforms | 1.89% | $47.12M | $1.44T | -15.47% | 76 Outperform | |
| Micron | 1.71% | $42.69M | $1.11T | 807.87% | 79 Outperform | |
| Tesla | 1.69% | $42.15M | $1.53T | 24.92% | 73 Outperform |
KLMN Technical Analysis
Positive
―
Price Trends
29.75
Positive
28.71
Positive
28.08
Positive
Market Momentum
0.19
Positive
60.16
Neutral
55.61
Neutral
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 30.59, equal to the 50-day MA of 29.75, and equal to the 200-day MA of 28.08, indicating a bullish trend. The MACD of 0.19 indicates Positive momentum. The RSI at 60.16 is Neutral, neither overbought nor oversold. The STOCH value of 55.61 is Neutral, 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
30.94
6.61
27.17%
BBUS
JP Morgan Betabuilders U.S. Equity ETF
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EWC
iShares MSCI Canada ETF
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CGCV
Capital Group Conservative Equity 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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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.
DisclaimerThis 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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