Invesco MSCI North America Climate ETF (KLMN) Performance
KLMN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.2% since Dec 31, 2025
- 1 year
- +14.5% total return
- Since first price
- +27.9% since 2024
KLMN trailing returns vs SPY, QQQ, AGG
| Period | KLMN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.2% | −1.2% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.1% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.5% | +7.0% | +7.8% | +8.4% | −1.5% |
| YTD | +12.2% | +11.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.5% | +13.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 11, 2024 | +27.9% | +25.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: KLMN vs SPY
From Dec 11, 2024: KLMN grew to $12,787, SPY to $12,799.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
KLMN returns by calendar year
1 of 1 full years positive. Best 2025 (+15.1%), worst 2025 (+15.1%). 2026 is year to date.
KLMN annual returns table
| Year | KLMN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.2% | −9.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.1% | −18.5% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
KLMN largest drawdowns
Now 2.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 31, 2025 | −18.5% | Apr 8, 2025 | Jun 24, 2025 | 2 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
KLMN risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +16.2% |
| Volatility (annualized) | 12.7% |
| Sharpe ratio | 0.95 |
| Sortino ratio | 1.96 |
| Best month | +10.7% |
| Worst month | −5.0% |
| Best 12 months | +31.5% |
| Worst 12 months | +15.0% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
KLMN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +12.3% | +16.3% | +31.5% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
KLMN performance overview
Invesco MSCI North America Climate ETF (KLMN) returned +14.5% over the past year, with distributions reinvested. Since its first recorded price on Dec 11, 2024 it has returned +27.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.5%, from Jan 31, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 12.7% a year.
Related: KLMN chart, KLMN holdings, KLMN dividends, KLMN valuation. See the KLMN overview for the latest quote and fund facts.
KLMN performance FAQ
What is the KLMN return over the past year?
KLMN returned +14.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.0%.
How much would $10,000 invested in KLMN be worth?
$10,000 invested in KLMN at its first recorded close on December 11, 2024 would be worth about $12,787 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of KLMN?
The largest peak-to-trough decline was −18.5% between January 31, 2025 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is KLMN?
Over the past history KLMN had an annualized volatility of 12.7% and a Sharpe ratio of 0.95 (excess return over 1–3 month T-bills per unit of risk).