AIVC.V vs. TIME

Last updated Apr 2, 2026

Compare and contrast key facts about AI Artificial Intelligence Ventures Inc (AIVC.V) and Clockwise Core Equity & Innovation ETF (TIME).

TIME is an actively managed fund by Clockwise Capital. It was launched on Jan 27, 2022.

Performance

AIVC.V vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in AI Artificial Intelligence Ventures Inc (AIVC.V) and Clockwise Core Equity & Innovation ETF (TIME). The values are adjusted to include any dividend payments, if applicable.

AIVC.V vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIVC.V AI Artificial Intelligence Ventures Inc	-9.62%	-33.33%	77.27%
TIME Clockwise Core Equity & Innovation ETF	-5.52%	5.12%	12.46%

Different Trading Currencies

AIVC.V is traded in CAD, while TIME is traded in USD. To make them comparable, the TIME values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, AIVC.V achieves a -9.62% return, which is significantly lower than TIME's -5.52% return.

AIVC.V

• 1D: 2.17%
• 1M: -4.08%
• YTD: -9.62%
• 6M: -42.68%
• 1Y: -22.95%
• 3Y*: 16.14%
• 5Y*: -0.83%
• 10Y*: —

TIME

• 1D: 1.17%
• 1M: -3.39%
• YTD: -5.52%
• 6M: -6.07%
• 1Y: 9.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AIVC.V vs. TIME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIVC.V

AIVC.V Risk / Return Rank: 32
AIVC.V Sharpe Ratio Rank: 30
AIVC.V Sortino Ratio Rank: 40
AIVC.V Omega Ratio Rank: 39
AIVC.V Calmar Ratio Rank: 26
AIVC.V Martin Ratio Rank: 24

TIME

TIME Risk / Return Rank: 39
TIME Sharpe Ratio Rank: 43
TIME Sortino Ratio Rank: 41
TIME Omega Ratio Rank: 39
TIME Calmar Ratio Rank: 36
TIME Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIVC.V vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AI Artificial Intelligence Ventures Inc (AIVC.V) and Clockwise Core Equity & Innovation ETF (TIME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AIVC.V	TIME	Difference
Sharpe ratio Return per unit of total volatility	-0.21	0.65	-0.86
Sortino ratio Return per unit of downside risk	0.46	0.95	-0.50
Omega ratio Gain probability vs. loss probability	1.06	1.13	-0.07
Calmar ratio Return relative to maximum drawdown	-0.45	0.77	-1.21
Martin ratio Return relative to average drawdown	-0.90	2.46	-3.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIVC.V vs. TIME - Sharpe Ratio Comparison

The current AIVC.V Sharpe Ratio is -0.21, which is lower than the TIME Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of AIVC.V and TIME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AIVC.V	TIME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	0.65	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.20	0.37	-0.57

Correlation

The correlation between AIVC.V and TIME is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

AIVC.V vs. TIME - Dividend Comparison

AIVC.V has not paid dividends to shareholders, while TIME's dividend yield for the trailing twelve months is around 10.74%.

	TTM	2025	2024
AIVC.V AI Artificial Intelligence Ventures Inc	0.00%	0.00%	0.00%
TIME Clockwise Core Equity & Innovation ETF	10.74%	10.02%	15.84%

Drawdowns

AIVC.V vs. TIME - Drawdown Comparison

The maximum AIVC.V drawdown since its inception was -99.86%, which is greater than TIME's maximum drawdown of -23.81%. Use the drawdown chart below to compare losses from any high point for AIVC.V and TIME.

Drawdown Indicators

	AIVC.V	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-99.86%	-24.26%	-75.60%
Max Drawdown (1Y) Largest decline over 1 year	-56.52%	-13.09%	-43.43%
Max Drawdown (5Y) Largest decline over 5 years	-92.59%	—	—
Current Drawdown Current decline from peak	-98.32%	-10.01%	-88.31%
Average Drawdown Average peak-to-trough decline	-93.50%	-5.95%	-87.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.26%	3.45%	+24.81%

Volatility

AIVC.V vs. TIME - Volatility Comparison

AI Artificial Intelligence Ventures Inc (AIVC.V) has a higher volatility of 23.02% compared to Clockwise Core Equity & Innovation ETF (TIME) at 5.24%. This indicates that AIVC.V's price experiences larger fluctuations and is considered to be riskier than TIME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIVC.V	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.02%	5.24%	+17.78%
Volatility (6M) Calculated over the trailing 6-month period	88.90%	10.43%	+78.47%
Volatility (1Y) Calculated over the trailing 1-year period	109.19%	14.58%	+94.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	167.58%	17.46%	+150.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	196.09%	17.46%	+178.63%