CVLC vs KLMN

CVLCBCalvert US Large-Cap Core Responsible Index ETF

KLMNAInvesco MSCI North America Climate ETF

In short

CVLC A plain US large-cap core index fund wearing a Calvert conscience. It tracks the Calvert US Large-Cap Core Responsible Index, so the big-company exposure is familiar and the screening happens inside the index rather than as a bolt-on.

KLMN —No data

Stated mandate

CVLC The Fund seeks to track the performance of the Calvert US Large-Cap Core Responsible Index.

KLMN —No data

Why people hold it

• CVLC Values screening without leaving the core: it tracks the Calvert US Large-Cap Core Responsible Index, so responsible criteria are built into the benchmark rather than layered on by a manager.
• 0.15% a year, in the same neighborhood as the typical US large-cap fund. Screened index products often ask for more.
• Does exactly what the prospectus says: a US equity, index-tracking fund in a standard 1940 Act wrapper, with no factor tilt advertised on the side.
• Rates in the upper half of its US large-cap peer group, mostly on how faithfully it delivers its stated mandate.

KLMN —No data

Worth knowing

• CVLC The unscreened giants are cheaper. SCHX and VV charge 0.03%, and BKLC lists a 0% fee. The responsible index is what you are paying the difference for.
• Thinly traded and mid-sized by ETF standards, so bid-ask spreads can be wider than the household-name large-cap funds.
• Launched in 2023, so the track record is short. A screened index also holds a different roster than the full market, and results can drift from it in either direction.

KLMN —No data

Full CVLC profile⁠

Full KLMN profile⁠