CRPT vs. TIME

Last updated Jun 26, 2026

CRPT (First Trust SkyBridge Crypto Industry & Digital Economy ETF) and TIME (Clockwise Core Equity & Innovation ETF) are both Technology Equities funds. Both are actively managed. Over the past year, CRPT returned -48.39% vs 16.22% for TIME. A 0.70 correlation means they provide meaningful diversification when combined. CRPT charges 0.85%/yr vs 1.00%/yr for TIME.

Performance

CRPT vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) and Clockwise Core Equity & Innovation ETF (TIME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRPT achieves a -23.98% return, which is significantly lower than TIME's 5.10% return.

CRPT

• 1D: -4.12%
• 1M: -21.36%
• YTD: -23.98%
• 6M: -28.82%
• 1Y: -48.39%
• 3Y*: 29.08%
• 5Y*: —
• 10Y*: —

TIME

• 1D: -0.43%
• 1M: -4.57%
• YTD: 5.10%
• 6M: 4.63%
• 1Y: 16.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRPT vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	-23.98%	-9.54%	26.88%
TIME Clockwise Core Equity & Innovation ETF	5.10%	10.17%	5.94%

Correlation

The correlation between CRPT and TIME is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jun 24, 2024	0.70

The correlation between CRPT and TIME has been stable across timeframes, ranging from 0.65 to 0.70 - a consistent structural relationship.

CRPT vs. TIME - Sectors Allocation Comparison

Sectors	CRPT	TIME
Financial Services	70.1%	8.9%
Technology	15.6%	41.1%
Consumer Cyclical	14.3%	8.7%
Communication Services	4.3%	15.4%
Basic Materials	-	5.3%
Consumer Defensive	-	3.0%
Energy	-	8.3%
Healthcare	-	0.5%
Industrials	-	5.3%
Real Estate	-	-
Utilities	-	4.1%

Return for Risk

CRPT vs. TIME — Risk / Return Rank

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

CRPT

CRPT Risk / Return Rank: 3
CRPT Sharpe Ratio Rank: 3
CRPT Sortino Ratio Rank: 3
CRPT Omega Ratio Rank: 3
CRPT Calmar Ratio Rank: 2
CRPT Martin Ratio Rank: 2

TIME

TIME Risk / Return Rank: 33
TIME Sharpe Ratio Rank: 36
TIME Sortino Ratio Rank: 33
TIME Omega Ratio Rank: 34
TIME Calmar Ratio Rank: 28
TIME Martin Ratio Rank: 33

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.

CRPT vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CRPT	TIME	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	1.17	-1.99
Sortino ratio: Return per unit of downside risk	-1.16	1.62	-2.79
Omega ratio: Gain probability vs. loss probability	0.87	1.21	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.86	1.24	-2.10
Martin ratio: Return relative to average drawdown	-1.42	4.45	-5.87

CRPT vs. TIME - Sharpe Ratio Comparison

The current CRPT Sharpe Ratio is -0.83, which is lower than the TIME Sharpe Ratio of 1.17. The chart below compares the historical Sharpe Ratios of CRPT and TIME, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CRPT vs. TIME - Drawdown Comparison

The maximum CRPT drawdown since its inception was -88.34%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for CRPT and TIME.

Drawdown Indicators

	CRPT	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-88.34%	-24.26%	-64.08%
Max Drawdown (1Y) Largest decline over 1 year	-56.46%	-13.09%	-43.37%
Max Drawdown (3Y) Largest decline over 3 years	-56.46%	—	—
Current Drawdown Current decline from peak	-55.88%	-5.00%	-50.88%
Average Drawdown Average peak-to-trough decline	-52.56%	-5.53%	-47.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.19%	3.65%	+30.54%

Volatility

CRPT vs. TIME - Volatility Comparison

First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has a higher volatility of 19.31% compared to Clockwise Core Equity & Innovation ETF (TIME) at 5.06%. This indicates that CRPT'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

	CRPT	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.31%	5.06%	+14.25%
Volatility (6M) Calculated over the trailing 6-month period	47.13%	11.08%	+36.05%
Volatility (1Y) Calculated over the trailing 1-year period	58.61%	13.97%	+44.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.71%	17.71%	+55.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.71%	17.71%	+55.00%

CRPT vs. TIME - Expense Ratio Comparison

CRPT has a 0.85% expense ratio, which is lower than TIME's 1.00% expense ratio.

Dividends

CRPT vs. TIME - Dividend Comparison

CRPT's dividend yield for the trailing twelve months is around 0.99%, less than TIME's 9.53% yield.

Position	TTM	2025	2024	2023	2022	2021
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	0.99%	0.75%	1.84%	0.00%	0.03%	1.16%
TIME Clockwise Core Equity & Innovation ETF	9.53%	10.02%	15.84%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRPT and TIME in my portfolio?

CRPT and TIME have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRPT or TIME?

CRPT has higher volatility (19.31%) compared to TIME (5.06%). In terms of maximum drawdown, CRPT dropped -88.34% vs TIME's -24.26%.

Which ETF is better, CRPT or TIME?

On 1-year performance, TIME leads with 16.22% vs -48.39% for CRPT. On fees, CRPT is cheaper at 0.85% per year. On volatility, TIME has been the lower-risk option at 5.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CRPT or TIME?

Over the 1-year period, TIME has performed better with a 16.22% return vs -48.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CRPT or TIME?

CRPT is cheaper with a 0.85% expense ratio, compared with 1.00% for TIME.

Which ETF pays a higher dividend yield, CRPT or TIME?

TIME has the higher dividend yield at 9.53%, compared with 0.99% for CRPT.

What is the main difference between CRPT and TIME?

They also come from different issuers: First Trust and Clockwise Capital. Their fees differ too: 0.85% for CRPT and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.17 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.