DFNV vs. TIME
Compare and contrast key facts about TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) and Clockwise Core Equity & Innovation ETF (TIME).
DFNV and TIME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFNV is a passively managed fund by TrimTabs that tracks the performance of the TrimTabs Donoghue Forlines Risk Managed Free Cash Flow Innovation Index. It was launched on Dec 8, 2020. 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: DFNV or TIME.
Correlation
The correlation between DFNV and TIME is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DFNV vs. TIME - Performance Comparison
Key characteristics
DFNV:
1.85
TIME:
1.64
DFNV:
2.48
TIME:
2.17
DFNV:
1.33
TIME:
1.29
DFNV:
3.06
TIME:
2.40
DFNV:
11.36
TIME:
8.85
DFNV:
2.62%
TIME:
3.61%
DFNV:
16.11%
TIME:
19.40%
DFNV:
-32.78%
TIME:
-42.24%
DFNV:
-0.64%
TIME:
-1.68%
Returns By Period
In the year-to-date period, DFNV achieves a 6.85% return, which is significantly lower than TIME's 9.42% return.
DFNV
6.85%
4.55%
21.97%
34.45%
N/A
N/A
TIME
9.42%
2.92%
18.18%
35.63%
N/A
N/A
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DFNV vs. TIME - Expense Ratio Comparison
DFNV has a 0.69% expense ratio, which is lower than TIME's 1.00% expense ratio.
Risk-Adjusted Performance
DFNV vs. TIME — Risk-Adjusted Performance Rank
DFNV
TIME
DFNV vs. TIME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) 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
DFNV vs. TIME - Dividend Comparison
DFNV's dividend yield for the trailing twelve months is around 1.20%, less than TIME's 14.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
DFNV TrimTabs Donoghue Forlines Risk Managed Innovation ETF | 1.20% | 1.28% | 0.77% | 0.45% | 0.19% | 0.02% |
TIME Clockwise Core Equity & Innovation ETF | 14.48% | 15.84% | 21.04% | 0.00% | 0.00% | 0.00% |
Drawdowns
DFNV vs. TIME - Drawdown Comparison
The maximum DFNV drawdown since its inception was -32.78%, smaller than the maximum TIME drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for DFNV and TIME. For additional features, visit the drawdowns tool.
Volatility
DFNV vs. TIME - Volatility Comparison
The current volatility for TrimTabs Donoghue Forlines Risk Managed Innovation ETF (DFNV) is 3.00%, while Clockwise Core Equity & Innovation ETF (TIME) has a volatility of 6.54%. This indicates that DFNV experiences smaller price fluctuations and is considered to be less risky than TIME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.