Which returned more over the last year, KLMT or RAAX?

In the year to Nov 4, 2026, with distributions reinvested, KLMT returned +15.5% and RAAX +16.5%.

Which is cheaper, KLMT or RAAX?

KLMT is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do KLMT and RAAX overlap with the S&P 500?

By their latest filed holdings, 63% of KLMT and 21% of RAAX by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

KLMT vs RAAX: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Nov 4, 2026, KLMT returned +15.5% to RAAX's +16.5%; 11% of their weight is in the same names.

askIQ about this page

askIQ about KLMT and RAAX

Net assets on Nov 3, 2026: $1.5bn for Invesco MSCI Global Climate 500 ETF and $1.4bn for VanEck Real Assets ETF.

KLMT on its own →RAAX on its own →

At a glance

+15.5%

KLMT total return, 1 year

+16.5%

RAAX total return, 1 year

0.10%

KLMT expense ratio

0.55%

RAAX expense ratio

Pair scorecard

KLMT costs 0.45 points a year less; their one-year returns differ by 1.0 point; KLMT is 1.1 times larger.

KLMT vs RAAX: Differences, Returns & Fees
Measure	KLMT	RAAX
Return
Measure	KLMT	RAAX
Total return, 1 year	+15.5%	+16.5%
Drawdown
Measure	KLMT	RAAX
Below its high		9.2%, high on May 11, 2026
Benchmark
Measure	KLMT	RAAX
What it tracks	MSCI ACWI Select Climate 500 Index	No index, actively managed
Cost and size
Measure	KLMT	RAAX
Expense ratio	0.10%	0.55%
Net assets, as of Nov 3, 2026	$1.5bn	$1.4bn
Holdings
Measure	KLMT	RAAX
Holdings in common	11%
Top ten holdings, share of the fund	24.5%	52.4%

Method

What they share

11%

By the books each fund has filed, KLMT and RAAX hold 11% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

11% in common

Positions both hold · largest shared weight first KLMT RAAX

ExxonMobil Holdings Corp 0.77% 2.13%

Chevron Corp 0.45% 1.82%

Caterpillar Inc 0.32% 0.27%

Linde PLC 0.25% 0.54%

ConocoPhillips 0.23% 0.55%

Iberdrola SA 0.23% 0.31%

Siemens AG 0.27% 0.23%

Welltower Inc 0.23% 0.59%

BHP Group Ltd 0.28% 0.22%

Union Pacific Corp 0.21% 0.63%

Deere & Co 0.21% 0.75%

Eaton Corp PLC 0.21% 0.81%

Only in one fund ↓

Only in KLMT

Apple Inc 4.89%

Microsoft Corp 3.70%

Amazon.com Inc 2.43%

Alphabet Inc 1.81%

Taiwan Semiconductor Manufacturing Co Ltd 1.78%

Broadcom Inc 1.50%

Meta Platforms Inc 1.38%

Eli Lilly & Co 1.14%

Only in RAAX

VanEck Commodity Strategy ETF 25.04%

VanEck Merk Gold Shares 17.78%

Kinder Morgan Inc 0.89%

Tc Energy Corp 0.79%

Targa Resources Corp 0.75%

Crh Plc 0.67%

Nucor Corp 0.62%

Altagas Ltd 0.56%

Check overlap with more funds →

Side by side

KLMT Invesco MSCI Global Climate 500 ETF RAAX VanEck Real Assets ETF

Where it sits Stock ETF Stock ETF

Issuer Invesco VanEck

What it is Tracks an index Actively managed

Total return, 1 year +15.5% +16.5%

Its benchmark over the same days +15.0% (ACWI) not measured

Gap to its benchmark +0.5 pts vs ACWI not measured

Expense ratio 0.10% 0.55%

Already in the S&P 500 63.2% 21.0%

Holdings 502 199

Net assets, as of Nov 3, 2026 $1.5bn $1.4bn

KLMT and RAAX on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Client brief:

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

KLMT

KLMT tracks an index. Over the year to Nov 4, 2026 it returned +15.5% with distributions reinvested, against +15.0% for its benchmark, the MSCI ACWI Index. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer for Nov 3, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 502 positions, with the top ten at 24.5%.

RAAX

RAAX is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.55% a year. By its holdings published by its issuer for Nov 3, 2026, 21% of the fund by weight is stocks the S&P 500 also holds, across 199 positions, with the top ten at 52.4%. It sat 9.2% below its high of May 11, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, KLMT or RAAX?: In the year to Nov 4, 2026, with distributions reinvested, KLMT returned +15.5% and RAAX +16.5%.
Which is cheaper, KLMT or RAAX?: KLMT is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do KLMT and RAAX overlap with the S&P 500?: By their latest filed holdings, 63% of KLMT and 21% of RAAX by weight is stocks the S&P 500 already holds.

Other comparisons

DFAW vs KLMT AVGE vs KLMT CRBN vs KLMT KLMT vs SPGM CRBN vs RAAX DFAW vs RAAX RAAX vs SPGM AVGE vs RAAX

Where to next

KLMT on its own →RAAX on its own →Hold both: look the portfolio through →Rankings →KLMT dividend history →KLMT holdings →RAAX dividend history →RAAX holdings →Standards and sources →

Sources and dates

KLMT filings on SEC EDGAR ↗

KLMT prospectus with the expense ratio (SEC) ↗

Invesco page for KLMT ↗

RAAX filings on SEC EDGAR ↗

RAAX prospectus with the expense ratio (SEC) ↗

VanEck website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, KLMT against RAAX, data as of Nov 4, 2026. https://etfiq.com/compare/any/klmt-vs-raax

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.