GENZ vs. TIME

Last updated Aug 2, 2026

GENZ (VanEck Digital Native Economy ETF) and TIME (Clockwise U.S. Core Equity ETF) are both Technology Equities funds. GENZ is passively managed, while TIME is actively managed. Over the past year, GENZ returned -13.86% vs 16.12% for TIME. Their 0.39 correlation means their historical movements had little consistent relationship. GENZ charges 0.50%/yr vs 1.00%/yr for TIME.

Performance

GENZ vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Native Economy ETF (GENZ) 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, GENZ achieves a -8.92% return, which is significantly lower than TIME's 6.68% return.

GENZ

• 1D: -3.10%
• 1M: -2.17%
• 6M: 0.24%
• YTD: -8.92%
• 1Y: -13.86%
• 3Y*: -4.53%
• 5Y*: -3.36%
• 10Y*: 3.13%
• ALL TIME*: 1.85%

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)
GENZ VanEck Digital Native Economy ETF	$64.71K	$66.66K	$80.30K
TIME Clockwise U.S. Core Equity ETF	$50.21K	$44.64K	$109.23K

GENZ vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GENZ VanEck Digital Native Economy ETF	-8.92%	4.15%	2.89%
TIME Clockwise U.S. Core Equity ETF	6.68%	10.17%	5.94%

Correlation

The correlation between GENZ and TIME is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.28
Correlation (All Time) Calculated using the full available price history since Jun 24, 2024	0.39

The correlation between GENZ and TIME shifts across timeframes, from 0.28 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

GENZ vs. TIME - Sectors Allocation Comparison

Sectors	GENZ	TIME
Communication Services	30.9%	15.6%
Financial Services	28.0%	3.6%
Technology	20.7%	45.5%
Consumer Cyclical	19.7%	6.1%
Industrials	0.8%	5.3%
Basic Materials	-	3.3%
Consumer Defensive	-	5.5%
Energy	-	6.8%
Healthcare	-	6.8%
Real Estate	-	-
Utilities	-	1.6%

Return for Risk

GENZ vs. TIME — Risk / Return Rank

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

GENZ

GENZ Risk / Return Rank: 4
GENZ Sharpe Ratio Rank: 4
GENZ Sortino Ratio Rank: 4
GENZ Omega Ratio Rank: 4
GENZ Calmar Ratio Rank: 5
GENZ Martin Ratio Rank: 5

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.

GENZ vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Native Economy ETF (GENZ) 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.

	GENZ	TIME	Difference
Sharpe ratio: Return per unit of total volatility	-0.69	1.10	-1.80
Sortino ratio: Return per unit of downside risk	-0.90	1.55	-2.45
Omega ratio: Gain probability vs. loss probability	0.90	1.20	-0.30
Calmar ratio: Return relative to maximum drawdown	-0.54	1.20	-1.74
Martin ratio: Return relative to average drawdown	-0.89	4.09	-4.97

GENZ vs. TIME - Sharpe Ratio Comparison

The current GENZ Sharpe Ratio is -0.69, which is lower than the TIME Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of GENZ 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

GENZ vs. TIME - Drawdown Comparison

The maximum GENZ drawdown since its inception was -71.12%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for GENZ and TIME.

Drawdown Indicators

	GENZ	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-71.12%	-24.26%	-46.86%
Max Drawdown (1Y) Largest decline over 1 year	-26.40%	-13.09%	-13.31%
Max Drawdown (3Y) Largest decline over 3 years	-26.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.93%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-56.43%	—	—
Current Drawdown Current decline from peak	-28.49%	-3.57%	-24.92%
Average Drawdown Average peak-to-trough decline	-24.57%	-5.44%	-19.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.08%	3.83%	+12.25%

Volatility

GENZ vs. TIME - Volatility Comparison

VanEck Digital Native Economy ETF (GENZ) has a higher volatility of 7.97% compared to Clockwise U.S. Core Equity ETF (TIME) at 3.90%. This indicates that GENZ'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

	GENZ	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.97%	3.90%	+4.07%
Volatility (6M) Calculated over the trailing 6-month period	17.84%	11.44%	+6.40%
Volatility (1Y) Calculated over the trailing 1-year period	20.62%	14.19%	+6.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.71%	17.55%	+7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.15%	17.55%	+7.60%

GENZ vs. TIME - Expense Ratio Comparison

GENZ has a 0.50% expense ratio, which is lower than TIME's 1.00% expense ratio.

Dividends

GENZ vs. TIME - Dividend Comparison

GENZ's dividend yield for the trailing twelve months is around 3.66%, less than TIME's 9.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GENZ VanEck Digital Native Economy ETF	3.66%	3.34%	2.88%	1.68%	0.44%	0.79%	0.47%	2.95%	3.43%	2.31%	3.15%	4.09%
TIME Clockwise U.S. Core Equity ETF	9.39%	10.02%	15.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GENZ and TIME in my portfolio?

GENZ and TIME have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GENZ or TIME?

GENZ has higher volatility (7.97%) compared to TIME (3.90%). In terms of maximum drawdown, GENZ dropped -71.12% vs TIME's -24.26%.

Which ETF is better, GENZ or TIME?

On 1-year performance, TIME leads with 16.12% vs -13.86% for GENZ. On fees, GENZ is cheaper at 0.50% 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, GENZ or TIME?

Over the 1-year period, TIME has performed better with a 16.12% return vs -13.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GENZ or TIME?

GENZ is cheaper with a 0.50% expense ratio, compared with 1.00% for TIME.

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

TIME has the higher dividend yield at 9.39%, compared with 3.66% for GENZ.

What is the main difference between GENZ and TIME?

They also come from different issuers: VanEck and Clockwise. Their fees differ too: 0.50% for GENZ and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.10 vs -0.69), 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.