Invesco Exchange-Traded Fund Trust II Invesco MSCI North America Climate ETF
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Key stats
About Invesco Exchange-Traded Fund Trust II Invesco MSCI North America Climate ETF
Home page
Inception date
Dec 11, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
KLMN seeks to track an index focusing on mid- and large-cap companies based in the US and Canada. It primarily invests in companies demonstrating strong environmental practices, applying rigorous screens to exclude those involved in tobacco, controversial weapons, thermal coal, and fossil fuel power generation based on revenue thresholds. Companies are also evaluated on ESG controversies, where only those without severe issues are selected. The index is constructed to minimize climate-related risks, requiring at least a 10% annual reduction in greenhouse gas emissions relative to sales, considering direct emissions and indirect emissions from energy use, as well as a 7% reduction relative to enterprise value. Firms with approved emissions reduction targets by the Science Based Targets initiative (“SBTi”) gain higher weightings, and the index aims for a 20% increase in such firms’ aggregate weight. KLMN focuses on sustainable growth in alignment with global climate initiatives.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
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Summary
Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
KLMN trades at 24.35 USD today, its price has risen 0.18% in the past 24 hours. Track more dynamics on KLMN price chart.
KLMN net asset value is 24.30 today — it's risen 6.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
KLMN assets under management is 2.46 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
KLMN price has risen by 6.74% over the last month, and its yearly performance shows a −1.92% decrease. See more dynamics on KLMN price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.31% decrease in three-month performance and has increased by 1.38% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.31% decrease in three-month performance and has increased by 1.38% in a year.
KLMN fund flows account for 2.61 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
KLMN invests in stocks. See more details in our Analysis section.
KLMN expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, KLMN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, KLMN pays dividends to its holders with the dividend yield of 1.34%.
KLMN trades at a premium (0.24%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
KLMN shares are issued by Invesco Ltd.
KLMN follows the MSCI Global Climate 500 North America Selection Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 11, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.