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ETFs

Clockwise Capital Innovation ET

TIME
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 27 2022
Expense Ratio
0.96%
Type
US Equities
Fund Owner
Clockwise Capital
Volume (1m avg. daily)
$410,751
AUM
$53,694,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AMZN
Amazon.com Inc.
9.77%
META
Meta Platforms Inc - Ordinary Shares - Class A
9.45%
UBER
Uber Technologies Inc
6.09%
SPOT
Spotify Technology S.A.
5.40%
SHV
BlackRock Institutional Trust Company N.A. - iShares Short Treasury Bond ETF
4.73%
BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
4.58%
CSCO
Cisco Systems, Inc.
3.98%
CRWD
Crowdstrike Holdings Inc - Ordinary Shares - Class A
3.97%
V
Visa Inc - Ordinary Shares - Class A
3.70%
FLO
Flowers Foods, Inc.
3.60%
Invest with TIME

What is TIME?

Clockwise Capital Innovation ETF's (the "Fund") investment objective is long-term growth of capital. TIME invests opportunistically in companies with distinct secular advantages enabled by the proliferation of 5G internet, powering companies to grow their importance within their respective network over 5-year investment cycles. TIME balances portfolios between next-gen companies and legacy enterprises that are adapting to the new paradigm at rates fundamentally undervalued by the market. We believe this approach moderates duration risk in a rising inflation and interest rate sensitive environment. TIME employs a strict valuation discipline and a proprietary scoring methodology to rank and weight positions. We believe this investment strategy can yield outsized risk-adjusted returns, while smoothing out relative volatility over time.

ETFs related toTIME

ETFs correlated to TIME include FDN, WEBL, FGRO

TIME
Capitol Series Trust - Clockwise Capital Innovation ETF
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
WEBL
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares
FGRO
Fidelity Covington Trust - Fidelity Growth Opportunities ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
TCHP
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Blue Chip Growth ETF
SKYY
First Trust Exchange-Traded Fund III - First Trust Cloud Computing ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
XSW
SPDR Series Trust - SPDR S&P Software & Services ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

TIME is a US Equities ETF. Clockwise Capital Innovation ETF's (the "Fund") investment objective is long-term growth of capital. TIME invests opportunistically in companies with distinct secular advantages enabled by the proliferation of 5G internet, powering companies to grow their importance within their respective network over 5-year investment cycles. TIME balances portfolios between next-gen companies and legacy enterprises that are adapting to the new paradigm at rates fundamentally undervalued by the market. We believe this approach moderates duration risk in a rising inflation and interest rate sensitive environment. TIME employs a strict valuation discipline and a proprietary scoring methodology to rank and weight positions. We believe this investment strategy can yield outsized risk-adjusted returns, while smoothing out relative volatility over time.

Yes, TIME is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, TIME is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TIME is -0.0137%. This is the percent change in the value of TIME over the most recent 1-month period. The 3-month return on TIME is 0.0837%. This is the percent change in the value of TIME over the most recent 3-month period.

The standard deviation of TIME for the past year is 0.3436%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TIME include XLY, XLI, and XLE.

ETFs correlated to TIME include FDN, WEBL, and FGRO.

ETFs that are inversely correlated to TIME include WEBS, HIBS, and BERZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.