FDND vs. TIME

Last updated Aug 1, 2026

FDND (FT Vest Dow Jones Internet & Target Income ETF) and TIME (Clockwise U.S. Core Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past year, FDND returned 1.61% vs 16.12% for TIME. Their 0.67 correlation means they have sometimes moved together and sometimes differently. FDND charges 0.75%/yr vs 1.00%/yr for TIME.

Performance

FDND vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Dow Jones Internet & Target Income ETF (FDND) and Clockwise U.S. Core Equity ETF (TIME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDND achieves a 0.56% return, which is significantly lower than TIME's 6.68% return.

FDND

• 1D: 2.22%
• 1M: 2.80%
• 6M: 3.79%
• YTD: 0.56%
• 1Y: 1.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.95%

TIME

• 1D: 0.63%
• 1M: 0.10%
• 6M: 6.87%
• YTD: 6.68%
• 1Y: 16.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDND FT Vest Dow Jones Internet & Target Income ETF	$52.86K	$42.66K	$64.39K
TIME Clockwise U.S. Core Equity ETF	$50.21K	$44.64K	$109.23K

FDND vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FDND FT Vest Dow Jones Internet & Target Income ETF	0.56%	9.69%	19.80%
TIME Clockwise U.S. Core Equity ETF	6.68%	10.17%	5.94%

Correlation

The correlation between FDND and TIME is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (All Time) Calculated using the full available price history since Jun 24, 2024	0.67

The correlation between FDND and TIME shifts across timeframes, from 0.55 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FDND vs. TIME — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDND

FDND Risk / Return Rank: 9
FDND Sharpe Ratio Rank: 10
FDND Sortino Ratio Rank: 9
FDND Omega Ratio Rank: 9
FDND Calmar Ratio Rank: 10
FDND Martin Ratio Rank: 10

TIME

TIME Risk / Return Rank: 40
TIME Sharpe Ratio Rank: 44
TIME Sortino Ratio Rank: 42
TIME Omega Ratio Rank: 42
TIME Calmar Ratio Rank: 35
TIME Martin Ratio Rank: 39

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDND vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Dow Jones Internet & Target Income ETF (FDND) and Clockwise U.S. Core Equity 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.

	FDND	TIME	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	1.10	-1.19
Sortino ratio: Return per unit of downside risk	0.02	1.55	-1.53
Omega ratio: Gain probability vs. loss probability	1.00	1.20	-0.19
Calmar ratio: Return relative to maximum drawdown	-0.08	1.20	-1.28
Martin ratio: Return relative to average drawdown	-0.18	4.09	-4.26

FDND vs. TIME - Sharpe Ratio Comparison

The current FDND Sharpe Ratio is -0.08, which is lower than the TIME Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of FDND 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

FDND vs. TIME - Drawdown Comparison

The maximum FDND drawdown since its inception was -24.12%, roughly equal to the maximum TIME drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for FDND and TIME.

Drawdown Indicators

	FDND	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-24.12%	-24.26%	+0.14%
Max Drawdown (1Y) Largest decline over 1 year	-20.49%	-13.09%	-7.40%
Current Drawdown Current decline from peak	-5.97%	-3.57%	-2.40%
Average Drawdown Average peak-to-trough decline	-5.84%	-5.44%	-0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.05%	3.83%	+5.22%

Volatility

FDND vs. TIME - Volatility Comparison

FT Vest Dow Jones Internet & Target Income ETF (FDND) has a higher volatility of 5.55% compared to Clockwise U.S. Core Equity ETF (TIME) at 3.90%. This indicates that FDND'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

	FDND	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	3.90%	+1.65%
Volatility (6M) Calculated over the trailing 6-month period	15.62%	11.44%	+4.18%
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	14.19%	+5.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.40%	17.55%	+3.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.40%	17.55%	+3.85%

FDND vs. TIME - Expense Ratio Comparison

FDND has a 0.75% expense ratio, which is lower than TIME's 1.00% expense ratio.

Dividends

FDND vs. TIME - Dividend Comparison

FDND's dividend yield for the trailing twelve months is around 8.09%, less than TIME's 9.39% yield.

Position	TTM	2025	2024
FDND FT Vest Dow Jones Internet & Target Income ETF	8.09%	8.11%	5.51%
TIME Clockwise U.S. Core Equity ETF	9.39%	10.02%	15.84%

Frequently Asked Questions

Can I hold both FDND and TIME in my portfolio?

FDND and TIME have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDND or TIME?

FDND has higher volatility (5.55%) compared to TIME (3.90%). In terms of maximum drawdown, FDND dropped -24.12% vs TIME's -24.26%.

Which ETF is better, FDND or TIME?

On 1-year performance, TIME leads with 16.12% vs 1.61% for FDND. On fees, FDND is cheaper at 0.75% per year. On volatility, TIME has been the lower-risk option at 3.90%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDND or TIME?

Over the 1-year period, TIME has performed better with a 16.12% return vs 1.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDND or TIME?

FDND is cheaper with a 0.75% expense ratio, compared with 1.00% for TIME.

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

TIME has the higher dividend yield at 9.39%, compared with 8.09% for FDND.

What is the main difference between FDND and TIME?

They also come from different issuers: FT Vest and Clockwise. Their fees differ too: 0.75% for FDND and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.10 vs -0.08), 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.