GGME vs. TIME
Compare and contrast key facts about Invesco Next Gen Media and Gaming ETF (GGME) and Clockwise Core Equity & Innovation ETF (TIME).
GGME and TIME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GGME is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Media Index - Benchmark TR Gross. It was launched on Jun 23, 2005. TIME is an actively managed fund by Clockwise Capital. It was launched on Jan 27, 2022.
Performance
GGME vs. TIME - Performance Comparison
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GGME vs. TIME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GGME Invesco Next Gen Media and Gaming ETF | -14.34% | 16.39% | 9.14% |
TIME Clockwise Core Equity & Innovation ETF | -7.92% | 10.17% | 6.75% |
Returns By Period
In the year-to-date period, GGME achieves a -14.34% return, which is significantly lower than TIME's -7.92% return.
GGME
- 1D
- 3.52%
- 1M
- -3.76%
- YTD
- -14.34%
- 6M
- -20.71%
- 1Y
- 2.52%
- 3Y*
- 14.28%
- 5Y*
- 0.58%
- 10Y*
- 8.28%
TIME
- 1D
- 2.20%
- 1M
- -5.68%
- YTD
- -7.92%
- 6M
- -6.35%
- 1Y
- 11.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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GGME vs. TIME - Expense Ratio Comparison
GGME has a 0.60% expense ratio, which is lower than TIME's 1.00% expense ratio.
Return for Risk
GGME vs. TIME — Risk / Return Rank
GGME
TIME
GGME vs. TIME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Media and Gaming ETF (GGME) 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.
| GGME | TIME | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.10 | 0.76 | -0.66 |
Sortino ratioReturn per unit of downside risk | 0.33 | 1.13 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.15 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.07 | 0.90 | -0.83 |
Martin ratioReturn relative to average drawdown | 0.18 | 3.48 | -3.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGME | TIME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 0.76 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.26 | +0.04 |
Correlation
The correlation between GGME and TIME is 0.74, 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.
Dividends
GGME vs. TIME - Dividend Comparison
GGME's dividend yield for the trailing twelve months is around 0.15%, less than TIME's 10.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGME Invesco Next Gen Media and Gaming ETF | 0.15% | 0.17% | 0.08% | 2.31% | 0.76% | 0.39% | 0.38% | 0.50% | 0.93% | 0.33% | 0.16% | 1.11% |
TIME Clockwise Core Equity & Innovation ETF | 10.88% | 10.02% | 15.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GGME vs. TIME - Drawdown Comparison
The maximum GGME drawdown since its inception was -69.13%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for GGME and TIME.
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Drawdown Indicators
| GGME | TIME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.13% | -24.26% | -44.87% |
Max Drawdown (1Y)Largest decline over 1 year | -25.23% | -13.09% | -12.14% |
Max Drawdown (5Y)Largest decline over 5 years | -44.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.35% | — | — |
Current DrawdownCurrent decline from peak | -22.59% | -11.18% | -11.41% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -5.94% | -8.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.80% | 3.39% | +6.41% |
Volatility
GGME vs. TIME - Volatility Comparison
Invesco Next Gen Media and Gaming ETF (GGME) has a higher volatility of 6.79% compared to Clockwise Core Equity & Innovation ETF (TIME) at 5.31%. This indicates that GGME'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.
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Volatility by Period
| GGME | TIME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.79% | 5.31% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.41% | 10.67% | +3.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.27% | 15.02% | +9.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.11% | 17.99% | +6.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.05% | 17.99% | +5.06% |