GTEK vs. TIME

Last updated Aug 2, 2026

GTEK (Goldman Sachs Future Tech Leaders Equity ETF) and TIME (Clockwise U.S. Core Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past year, GTEK returned 54.17% vs 16.12% for TIME. Their 0.78 correlation means they have sometimes moved together and sometimes differently. GTEK charges 0.75%/yr vs 1.00%/yr for TIME.

Performance

GTEK vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Future Tech Leaders Equity ETF (GTEK) 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, GTEK achieves a 34.87% return, which is significantly higher than TIME's 6.68% return.

GTEK

• 1D: 2.20%
• 1M: -9.56%
• 6M: 29.82%
• YTD: 34.87%
• 1Y: 54.17%
• 3Y*: 26.54%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.22%

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)
GTEK Goldman Sachs Future Tech Leaders Equity ETF	$2.28M	$1.64M	$1.45M
TIME Clockwise U.S. Core Equity ETF	$50.21K	$44.64K	$109.23K

GTEK vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GTEK Goldman Sachs Future Tech Leaders Equity ETF	34.87%	23.68%	9.79%
TIME Clockwise U.S. Core Equity ETF	6.68%	10.17%	5.94%

Correlation

The correlation between GTEK and TIME is 0.78, 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.	0.78
Correlation (All Time) Calculated using the full available price history since Jun 24, 2024	0.78

The correlation between GTEK and TIME has been stable across timeframes, ranging from 0.78 to 0.78 - a consistent structural relationship.

GTEK vs. TIME - Sectors Allocation Comparison

Sectors	GTEK	TIME
Technology	70.8%	45.5%
Industrials	8.9%	5.3%
Consumer Cyclical	6.3%	6.1%
Communication Services	4.8%	15.6%
Basic Materials	3.5%	3.3%
Real Estate	3.4%	-
Financial Services	1.2%	3.6%
Healthcare	1.1%	6.8%
Consumer Defensive	-	5.5%
Energy	-	6.8%
Utilities	-	1.6%

Return for Risk

GTEK vs. TIME — Risk / Return Rank

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

GTEK

GTEK Risk / Return Rank: 72
GTEK Sharpe Ratio Rank: 72
GTEK Sortino Ratio Rank: 66
GTEK Omega Ratio Rank: 65
GTEK Calmar Ratio Rank: 74
GTEK Martin Ratio Rank: 80

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.

GTEK vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) 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.

	GTEK	TIME	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.10	+0.54
Sortino ratio: Return per unit of downside risk	2.18	1.55	+0.64
Omega ratio: Gain probability vs. loss probability	1.27	1.20	+0.08
Calmar ratio: Return relative to maximum drawdown	2.60	1.20	+1.41
Martin ratio: Return relative to average drawdown	10.41	4.09	+6.32

GTEK vs. TIME - Sharpe Ratio Comparison

The current GTEK Sharpe Ratio is 1.64, which is higher than the TIME Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of GTEK 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

GTEK vs. TIME - Drawdown Comparison

The maximum GTEK drawdown since its inception was -53.77%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for GTEK and TIME.

Drawdown Indicators

	GTEK	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-24.26%	-29.51%
Max Drawdown (1Y) Largest decline over 1 year	-19.64%	-13.09%	-6.55%
Max Drawdown (3Y) Largest decline over 3 years	-27.49%	—	—
Current Drawdown Current decline from peak	-14.28%	-3.57%	-10.71%
Average Drawdown Average peak-to-trough decline	-26.84%	-5.44%	-21.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	3.83%	+1.08%

Volatility

GTEK vs. TIME - Volatility Comparison

Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a higher volatility of 12.14% compared to Clockwise U.S. Core Equity ETF (TIME) at 3.90%. This indicates that GTEK'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

	GTEK	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.14%	3.90%	+8.24%
Volatility (6M) Calculated over the trailing 6-month period	27.35%	11.44%	+15.91%
Volatility (1Y) Calculated over the trailing 1-year period	31.18%	14.19%	+16.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.98%	17.55%	+11.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.98%	17.55%	+11.43%

GTEK vs. TIME - Expense Ratio Comparison

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

Dividends

GTEK vs. TIME - Dividend Comparison

GTEK has not paid dividends to shareholders, while TIME's dividend yield for the trailing twelve months is around 9.39%.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
TIME Clockwise U.S. Core Equity ETF	9.39%	10.02%	15.84%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTEK and TIME in my portfolio?

GTEK and TIME have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTEK or TIME?

GTEK has higher volatility (12.14%) compared to TIME (3.90%). In terms of maximum drawdown, GTEK dropped -53.77% vs TIME's -24.26%.

Which ETF is better, GTEK or TIME?

On 1-year performance, GTEK leads with 54.17% vs 16.12% for TIME. On fees, GTEK 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, GTEK or TIME?

Over the 1-year period, GTEK has performed better with a 54.17% return vs 16.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GTEK or TIME?

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

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

TIME has the higher dividend yield at 9.39%, compared with 0.00% for GTEK.

What is the main difference between GTEK and TIME?

They also come from different issuers: Goldman Sachs and Clockwise. Their fees differ too: 0.75% for GTEK and 1.00% for TIME.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (1.64 vs 1.10), 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.