CCSO vs KLMT

CCSOBCarbon Collective Climate Solutions U.S. Equity ETF

KLMTAInvesco MSCI Global Climate 500 ETF

In short

CCSO The name is the mandate: US-listed companies working on climate-change solutions, in a plain 1940 Act wrapper priced well under the typical US thematic fund.

KLMT A climate fund that behaves like a core global index fund: roughly 500 developed and emerging market stocks, full replication, and a 0.10% fee that undercuts most of the thematic aisle.

Stated mandate

CCSO The Fund seeks long-term capital appreciation through investments primarily in U.S.-listed equity securities of companies focused on climate-change solutions.

KLMT The Fund seeks to track the investment results of the MSCI ACWI Select Climate 500 Index before fees and expenses, using full replication of the index.

Why people hold it

• CCSO Costs 0.35% a year, versus a 0.57% median across its US thematic peer group. Cheap is rare in theme funds.
• The prospectus keeps it tight: long-term capital appreciation from US-listed equities of companies focused on climate-change solutions. No commodity sleeves, no offshore detours.
• Ordinary open-end fund structure under the 1940 Act. No leverage, no derivatives contract to decode, no K-1 at tax time.
• Lands in the upper half of its US thematic cohort on our review, which is a crowded field of pricier, narrower ideas.

• KLMT Costs 0.10% a year, a fraction of the typical global thematic fund and cheaper than the other top-rated climate names in its group, including LCTD and IQSZ.
• Holds about 500 names across developed and emerging markets, so it reads like a broad global equity sleeve with a climate screen rather than a narrow theme bet.invesco.com
• Buys the MSCI ACWI Select Climate 500 Index outright instead of sampling it, and has stayed tight to that index. One of the cleaner implementations in its peer group.invesco.com
• Pays out quarterly, the standard rhythm for a broad global stock index fund.

Worth knowing

• CCSO Small asset base and thin trading. Spreads can widen and large orders move the price, so execution matters more here than in a household-name fund.
• One theme, one country. A climate-solutions basket can drift a long way from the broad US market in either direction.
• Cheaper thematic options exist: LRND runs at 0.14% and TECB at 0.30%, though they chase different ideas entirely.

• KLMT Thinly traded for its size. Limit orders and a glance at the spread matter more here than with a mega-cap index fund.
• Launched in 2024, so the live track record is short and there is not yet a full-cycle history to judge it on.
• The climate screens reshape the global benchmark, so weights and sector mix will drift from a plain vanilla all-country index.invesco.com

Full CCSO profile⁠

Full KLMT profile⁠