BPAY vs. TIME
Compare and contrast key facts about BlackRock Future Financial and Technology ETF (BPAY) and Clockwise Core Equity & Innovation ETF (TIME).
BPAY and TIME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BPAY is an actively managed fund by BlackRock. It was launched on Aug 16, 2022. TIME is an actively managed fund by Clockwise Capital. It was launched on Jan 27, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BPAY or TIME.
Key characteristics
| BPAY | TIME | |
|---|---|---|
| YTD Return | 8.33% | 27.69% |
| 1Y Return | 17.09% | 39.99% |
| Sharpe Ratio | 1.02 | 2.27 |
| Daily Std Dev | 17.62% | 17.98% |
| Max Drawdown | -26.17% | -42.24% |
| Current Drawdown | -3.14% | -4.22% |
Correlation
The correlation between BPAY and TIME is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BPAY vs. TIME - Performance Comparison
In the year-to-date period, BPAY achieves a 8.33% return, which is significantly lower than TIME's 27.69% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BPAY vs. TIME - Expense Ratio Comparison
BPAY has a 0.70% expense ratio, which is lower than TIME's 1.00% expense ratio.
Risk-Adjusted Performance
BPAY vs. TIME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Future Financial and Technology ETF (BPAY) 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.
Dividends
BPAY vs. TIME - Dividend Comparison
BPAY's dividend yield for the trailing twelve months is around 1.02%, less than TIME's 16.48% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
BPAY BlackRock Future Financial and Technology ETF | 1.02% | 1.18% | 0.18% |
TIME Clockwise Core Equity & Innovation ETF | 16.48% | 21.04% | 0.00% |
Drawdowns
BPAY vs. TIME - Drawdown Comparison
The maximum BPAY drawdown since its inception was -26.17%, smaller than the maximum TIME drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for BPAY and TIME. For additional features, visit the drawdowns tool.
Volatility
BPAY vs. TIME - Volatility Comparison
BlackRock Future Financial and Technology ETF (BPAY) and Clockwise Core Equity & Innovation ETF (TIME) have volatilities of 5.05% and 5.24%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.