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ETFs

Clockwise Core Equity & Innovation ETF

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)
$1,284,447
AUM
$16,470,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
9.94%
AMZN
Amazon.com Inc.
8.34%
NVDA
NVIDIA Corp
7.13%
UBER
Uber Technologies Inc
7.10%
META
Meta Platforms Inc - Ordinary Shares - Class A
5.11%
TSLA
Tesla Inc
4.32%
CAT
Caterpillar Inc.
4.02%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.99%
ABNB
Airbnb Inc - Ordinary Shares - Class A
3.82%
V
Visa Inc - Ordinary Shares - Class A
3.43%
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 GAUG, FDN, WEBL

TIME
Capitol Series Trust - Clockwise Core Equity & Innovation ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
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
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth 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 -0.0075%. This is the percent change in the value of TIME over the most recent 1-month period. The 3-month return on TIME is -0.0063%. 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 0.2132%. 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 XLI, XLY, and XLV.

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

ETFs that are inversely correlated to TIME include WEBS, SQQQ, and QID.

Disclaimers

*

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.