KLMT vs RCGE: Grades, Fees and Holdings Compared

Invesco MSCI Global Climate 500 ETF

KLMTANYSE Arca

RockCreek Global Equality ETF

RCGEDNasdaq

Overlap

11.8%by weight

Expense ratio

KLMT −0.85pt a year

KLMT0.10%RCGE0.95%

Avg volume · 30D

KLMT 5.9×the volume

KLMT1.72KRCGE290

KLMT vs RCGE Performance

Nov 7, 2025 – Nov 9, 2026

+14.7%KLMT+15.5%RCGE

Expense ratio: KLMT 0.10%, better; RCGE 0.95%
Fund size: KLMT $1.52B; RCGE $101M
1Y total return: KLMT +14.7%; RCGE +15.5%, better
Yield (12M): KLMT 1.82%; RCGE No data
Holdings: KLMT 504; RCGE 202
Avg volume (30D): KLMT 1.72K sh, better; RCGE 290 sh
NAV per share: KLMT $33.31; RCGE $31.23
52W range

ETF.net Grade

Pillar letters and Scores for KLMT, RCGE, with each pillar’s weight
Pillar	KLMT	RCGE
Cost30% weight	A93Higher	F7
Mission25% weight	Not scored	Not scored
Risk15% weight	A70	A79Higher
Tradability15% weight	D35	D35
Holdings10% weight	A70	A80Higher
Durability5% weight	A70Higher	D35

Rank among Climate & Sustainability funds

How we build Categories ›

Same Category. KLMT and RCGE are both graded against the same 8 Climate & Sustainability funds, so their Grades compare head to head.

Climate & Sustainability⁠

Category · 8 funds

See all 8 ›

KLMT ranks 1st and RCGE 7th of 8 funds in the Climate & Sustainability Category.

Rank 1AKLMTInvesco MSCI Global Climate 500 ETFScore 72
Rank 2BIQSZInvesco Global Equity Net Zero ETFScore 68
Rank 6CETECiShares Breakthrough Environmental Solutions ETFScore 40
Rank 7DRCGERockCreek Global Equality ETFScore 38
Rank 8DPCLNPictet Cleaner Planet ETFScore 35

Our read on each fund

ETF.net Research

KLMTAInvesco MSCI Global Climate 500 ETF

RCGEDRockCreek Global Equality ETF

In short

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.

RCGE Gender-lens investing, taken global and active: RockCreek scores developed and emerging market companies on Equileap's gender-equality data, adds ethical screens, and holds the names that clear the bar.

Stated mandate

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.

RCGE The Fund seeks long-term capital appreciation through an actively managed portfolio of companies selected for demonstrated gender-balance practices and strong gender-equality scores, subject to additional ethical, gender-related, and financial screens.

Why people hold it

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.

RCGE The theme is measured, not asserted: companies are ranked on Equileap's Gender Equality Scorecard, covering gender balance, pay gap and related policies.rockcreeketfs.com
Wide net, diversified result: roughly 3,000 developed and 1,000 emerging market stocks get screened down to a 150-250 name portfolio spread across regions.rockcreeketfs.com
Actively managed, so the portfolio can respond to fresh gender data and financial screens instead of waiting on an index reconstitution calendar.rockcreeketfs.com

Worth knowing

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

RCGE Fee is 0.95% a year against a 0.56% median for global thematic peers. That gap buys active management and licensed gender data, and it compounds.
Launched in 2025, so the live record is short and the stock picking has not yet been tested across a full market cycle.
Thinly traded next to the index heavyweights in its category, so spreads can widen. Limit orders are the standard tool with funds like this.

Full KLMT profile⁠

Full RCGE profile⁠

KLMT vs RCGE Holdings

How KLMT and RCGE differ

Overlap by weight

11.8%

Shared holdings make up 33.9% of RCGE and 15.2% of KLMT.

Level by level

Holdings68 in both11.8%
Countryby domicile59.0%
Sector11 Sectors70.6%
Asset classStocks100%

Sector

Sector weights in KLMT and RCGE, widest gap first
Sector	Gap	KLMT	RCGE
Technology	KLMT +24.6 points	32.2%	7.6%
Financials	RCGE +9.8 points	16.9%	26.6%
Consumer Staples	RCGE +7.3 points	5.2%	12.5%
Utilities	RCGE +4.5 points	1.6%	6.1%
Energy	KLMT +4.0 points	4.0%	0.0%
Real Estate	RCGE +3.8 points	2.6%	6.4%
Materials	RCGE +1.9 points	2.6%	4.5%
Health Care	RCGE +1.4 points	9.4%	10.8%
Consumer Discretionary	RCGE +0.8 points	8.4%	9.2%
Industrials	KLMT +0.4 points	9.5%	9.1%
Communication	KLMT +0.4 points	7.7%	7.3%

Country, concentration and asset class

Country by domicile

Country weights in KLMT and RCGE, widest gap first
Country	Gap	KLMT	RCGE
United States	KLMT +29.0 points	65.5%	36.5%
Australia	RCGE +9.0 points	1.6%	10.6%
France	RCGE +6.4 points	1.8%	8.2%
Japan	KLMT +3.9 points	4.9%	1.0%
Sweden	RCGE +3.9 points	0.6%	4.5%
United Kingdom	RCGE +3.8 points	3.7%	7.5%
Norway	RCGE +2.5 points	0.4%	2.9%
Spain	RCGE +2.5 points	0.8%	3.3%
Other countries (24)	RCGE +4.7 points	20.8%	25.5%

Outside the US: KLMT 74% developed, 26% emerging. RCGE 91% developed, 9% emerging.

Concentration

Weight in the 10 largest Holdings

KLMT24.6%
RCGE6.4%

Securities held

KLMT499
RCGE200

Asset class

KLMT: Stocks
RCGE: Stocks

Holdings

Only in KLMT431
In both68
Only in RCGE132

Only in KLMT

431 securities, 84.6% of KLMT by weight

Apple Inc5.16%
NVIDIA Corp4.42%
Amazon.com Inc2.57%
Alphabet Inc1.89%
Taiwan Semiconductor Manufacturing Co Ltd1.71%
Meta Platforms Inc1.39%
Broadcom Inc1.36%
Alphabet Inc1.16%
Eli Lilly & Co1.12%
Tesla Inc1.04%
JPMorgan Chase & Co0.94%
Micron Technology Inc0.81%
Visa Inc0.79%
Advanced Micro Devices Inc0.77%
Samsung Electronics Co Ltd0.77%
Johnson & Johnson0.75%
ExxonMobil Holdings Corp0.74%
ASML Holding NV0.63%
Walmart Inc0.59%
SK hynix Inc0.51%
Costco Wholesale Corp0.49%
Tencent Holdings Ltd0.44%
Chevron Corp0.43%
Cisco Systems Inc0.42%
Home Depot Inc/The0.40%
Roche Holding AG0.40%
UnitedHealth Group Inc0.38%
General Electric Co0.37%
Palantir Technologies Inc0.37%
Philip Morris International Inc0.35%
Royal Bank of Canada0.34%
AstraZeneca PLC0.33%
Applied Materials Inc0.32%
Nestle SA0.31%
Thermo Fisher Scientific Inc0.31%
Amgen Inc0.31%
Sap SE0.30%
BHP Group Ltd0.30%
Palo Alto Networks Inc0.30%
Lam Research Corp0.29%
Caterpillar Inc0.29%
Netflix Inc0.29%
RTX Corp0.29%
Wells Fargo & Co0.28%
Texas Instruments Inc0.28%
Toyota Motor Corp0.28%
Mitsubishi UFJ Financial Group Inc0.27%
Alibaba Group Holding Ltd0.27%
Siemens AG0.27%
Intel Corp0.26%

Only in RCGE

132 securities, 65.9% of RCGE by weight

VF Corp0.69%
Gen Digital Inc0.66%
Etsy Inc0.65%
Ucb SA0.63%
Wendy's Co/The0.62%
Wolters Kluwer NV0.61%
H&R Block Inc0.60%
Zalando SE0.59%
Campbell's Company/The0.58%
Koninklijke Philips NV0.58%
Lyft Inc0.57%
Xero Ltd0.57%
MONY Group PLC0.56%
Kinnevik AB0.56%
HUB24 Ltd0.56%
Puma SE0.56%
Pernod Ricard SA0.56%
Deckers Outdoor Corp0.56%
Vail Resorts Inc0.56%
Challenger Ltd0.56%
Temenos AG0.56%
CAR Group Ltd0.56%
Vivendi SE0.54%
First Solar Inc0.54%
Dow Inc0.54%
ASX Ltd0.54%
Edison International0.54%
Arch Capital Group Ltd0.54%
QBE Insurance Group Ltd0.54%
J M Smucker Co/The0.53%
Wal-Mart de Mexico SAB de CV0.53%
AstraZeneca PLC0.53%
Stockland0.53%
Baxter International Inc0.53%
Science Applications International Corp0.53%
Essity AB0.53%
Woolworths Holdings Ltd/South Africa0.53%
Castellum AB0.52%
Super Retail Group Ltd0.52%
Swire Properties Ltd0.52%
Holcim AG0.52%
Mirvac Group0.52%
BT Group PLC0.52%
Bureau Veritas SA0.52%
MTN Group Ltd0.52%
Biogen Inc0.52%
Land Securities Group PLC0.52%
Telia Co Ab0.51%
Merck KGaA0.51%
Henkel AG & Co KGaA0.51%

Weight gaps

All 68 Holdings in both funds, largest gap first.

Holding weights in KLMT and RCGE, widest gap first
Holding	Gap	KLMT	RCGE
Microsoft CorpMSFT	KLMT +3.37 points	3.86%	0.49%
Kimberly-Clark CorpKMB	RCGE +0.53 points	0.00%	0.53%
Autodesk IncADSK	RCGE +0.50 points	0.10%	0.60%
Accenture PLCACN	RCGE +0.49 points	0.21%	0.70%
Yum! Brands IncYUM	RCGE +0.48 points	0.09%	0.57%
Experian PLCEXPN.L	RCGE +0.48 points	0.09%	0.57%
Hershey Co/TheHSY	RCGE +0.48 points	0.05%	0.53%
Orkla ASA	RCGE +0.46 points	0.07%	0.53%
Diageo PLCDGE.L	RCGE +0.45 points	0.10%	0.55%
Marriott International Inc/MDMAR	RCGE +0.45 points	0.11%	0.56%
General Mills IncGIS	RCGE +0.44 points	0.08%	0.52%
Danone SA	RCGE +0.44 points	0.09%	0.53%
Exelon CorpEXC	RCGE +0.43 points	0.11%	0.54%
Bayer AG	RCGE +0.43 points	0.09%	0.52%
PayPal Holdings IncPYPL	RCGE +0.42 points	0.09%	0.51%
Severn Trent PLCSVT.L	RCGE +0.42 points	0.10%	0.52%
SempraSRE	RCGE +0.41 points	0.07%	0.48%
Orange SA	RCGE +0.41 points	0.09%	0.50%
Ford Motor CoF	RCGE +0.40 points	0.09%	0.49%
Transurban Group	RCGE +0.40 points	0.12%	0.52%
Haleon PLCHLN.L	RCGE +0.40 points	0.09%	0.49%
Enel SpA	RCGE +0.40 points	0.11%	0.51%
Willis Towers Watson PLCWTW	RCGE +0.39 points	0.10%	0.49%
Mondelez International IncMDLZ	RCGE +0.39 points	0.13%	0.52%
Sanofi SA	RCGE +0.38 points	0.16%	0.54%
Target CorpTGT	RCGE +0.38 points	0.11%	0.49%
L'Oreal SA	RCGE +0.38 points	0.17%	0.55%
Xylem Inc/NYXYL	RCGE +0.38 points	0.08%	0.46%
Adobe IncADBE	RCGE +0.38 points	0.13%	0.51%
Axa SA	RCGE +0.37 points	0.11%	0.48%
National Australia Bank Ltd	RCGE +0.37 points	0.12%	0.49%
National Grid PLCNG.L	RCGE +0.37 points	0.16%	0.53%
Edp SA	RCGE +0.36 points	0.12%	0.48%
Boston Scientific CorpBSX	RCGE +0.36 points	0.10%	0.46%
Westpac Banking Corp	RCGE +0.36 points	0.13%	0.49%
Takeda Pharmaceutical Co Ltd	RCGE +0.36 points	0.16%	0.52%
ANZ Group Holdings Ltd	RCGE +0.36 points	0.14%	0.50%
Ecolab IncECL	RCGE +0.35 points	0.17%	0.52%
S&P Global IncSPGI	RCGE +0.35 points	0.20%	0.55%
Gsk PLCGSK.L	RCGE +0.35 points	0.14%	0.49%
Novo Nordisk A/S	RCGE +0.35 points	0.15%	0.50%
Vertex Pharmaceuticals IncVRTX	RCGE +0.34 points	0.17%	0.51%
First Financial Holding Co Ltd	RCGE +0.34 points	0.14%	0.48%
NatWest Group PLCNWG.L	RCGE +0.33 points	0.08%	0.41%
Bristol-Myers Squibb CoBMY	RCGE +0.32 points	0.17%	0.49%
Lloyds Banking Group PLCLLOY.L	RCGE +0.32 points	0.10%	0.42%
Cummins IncCMI	RCGE +0.30 points	0.11%	0.41%
BNP Paribas SA	RCGE +0.30 points	0.13%	0.43%
Commonwealth Bank of Australia	RCGE +0.30 points	0.22%	0.52%
UniCredit SpA	RCGE +0.29 points	0.14%	0.43%
Allianz SE	RCGE +0.28 points	0.23%	0.51%
Trane Technologies PLCTT	RCGE +0.28 points	0.14%	0.42%
Iberdrola SA	RCGE +0.28 points	0.24%	0.52%
Keysight Technologies IncKEYS	RCGE +0.27 points	0.09%	0.36%
Siemens Energy AG	RCGE +0.25 points	0.13%	0.38%
Verizon Communications IncVZ	RCGE +0.23 points	0.24%	0.47%
Gilead Sciences IncGILD	RCGE +0.23 points	0.25%	0.48%
Citigroup IncC	RCGE +0.19 points	0.24%	0.43%
Schneider Electric SE	RCGE +0.19 points	0.19%	0.38%
Novartis AG	RCGE +0.18 points	0.36%	0.54%
Goldman Sachs Group Inc/TheGS	RCGE +0.14 points	0.30%	0.44%
HSBC Holdings PLCHSBA.L	RCGE +0.10 points	0.33%	0.43%
Procter & Gamble Co/ThePG	RCGE +0.10 points	0.45%	0.55%
Coca-Cola Co/TheKO	RCGE +0.09 points	0.45%	0.54%
Merck & Co IncMRK	RCGE +0.06 points	0.41%	0.47%
Mastercard IncMA	KLMT +0.06 points	0.61%	0.55%
Bank of America CorpBAC	RCGE +0.04 points	0.37%	0.41%
AbbVie IncABBV	KLMT +0.03 points	0.56%	0.53%

All 500 KLMT holdings⁠All RCGE holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

KLMT vs RCGE Cost

Overpaying RCGE vs KLMT

$15,763

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

KLMT 0.10%
$2,106
RCGE 0.95%
$17,869

Amount$10,000

Years30 years

Cost over time

KLMT 0.10%
RCGE 0.95%
Overpaying

Year by year

Year	KLMT	RCGE	Overpaying
10	$183	$1,678	$1,495
20	$717	$6,322	$5,605
30	$2,106	$17,869	$15,763

Expense ratio

0.10%KLMT, cheaper
0.95%RCGE

KLMT0.10%RCGE0.95%

0.10%0.95%

Middle half of Climate & Sustainability funds
Median 0.48%

KLMT cheapest of 8 funds

RCGE 8th cheapest of 8 funds

KLMT vs RCGE Dividends

Last 12 months to Nov 9, 2026

Yield (12M): KLMT 1.82%; RCGE No data
Payout (12M): KLMT $0.62; RCGE No data
Last payment: KLMT $0.14; RCGE $0.51
Ex-dividend: KLMT Sep 21, 2026; RCGE Dec 23, 2025
Paid on: KLMT Sep 25, 2026; RCGE Dec 26, 2025
Frequency: KLMT Quarterly; RCGE Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

KLMTQuarterly · 9 paymentsAll KLMT payments⁠

RCGEIrregular · 1 paymentAll RCGE payments⁠

KLMT vs RCGE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: KLMT 10.8%since Jul 2024RCGE 11.3%since Mar 2025
Return per unit of riskSharpe ratio, 3 years: KLMT 1.08since Jul 2024RCGE 0.94since Mar 2025
Worst fallMax drawdown, 5 years: KLMT −16.9%since Jun 2024RCGE −12.4%since Feb 2025
Market sensitivityBeta, 5 years: KLMT 0.90RCGE 0.38; Market = 1

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