KOMP vs. TIME

Last updated Aug 4, 2026

KOMP (State Street SPDR S&P Kensho New Economies Composite ETF) and TIME (Clockwise U.S. Core Equity ETF) are both Technology Equities funds. KOMP is passively managed, while TIME is actively managed. Over the past year, KOMP returned 21.97% vs 17.48% for TIME. Their 0.79 correlation means they have sometimes moved together and sometimes differently. KOMP charges 0.20%/yr vs 1.00%/yr for TIME.

Performance

KOMP vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) 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, KOMP achieves a 10.19% return, which is significantly higher than TIME's 7.94% return.

KOMP

• 1D: -0.09%
• 1M: -5.47%
• 6M: 4.36%
• YTD: 10.19%
• 1Y: 21.97%
• 3Y*: 13.12%
• 5Y*: 2.00%
• 10Y*: —
• ALL TIME*: 12.11%

TIME

• 1D: 1.18%
• 1M: 1.28%
• 6M: 7.90%
• YTD: 7.94%
• 1Y: 17.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.58%

*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)
KOMP State Street SPDR S&P Kensho New Economies Composite ETF	$3.68M	$4.72M	$6.88M
TIME Clockwise U.S. Core Equity ETF	$51.24K	$43.99K	$100.40K

KOMP vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KOMP State Street SPDR S&P Kensho New Economies Composite ETF	10.19%	19.74%	11.06%
TIME Clockwise U.S. Core Equity ETF	7.94%	10.17%	5.94%

Correlation

The correlation between KOMP 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	0.79

The correlation between KOMP and TIME has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.

KOMP vs. TIME - Sectors Allocation Comparison

Sectors	KOMP	TIME
Technology	38.9%	45.5%
Industrials	25.7%	5.3%
Healthcare	12.9%	6.8%
Consumer Cyclical	6.0%	6.1%
Communication Services	4.2%	15.6%
Financial Services	4.0%	3.6%
Utilities	3.6%	1.6%
Basic Materials	3.0%	3.3%
Energy	1.3%	6.8%
Consumer Defensive	0.5%	5.5%
Real Estate	-	-

Return for Risk

KOMP vs. TIME — Risk / Return Rank

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

KOMP

KOMP Risk / Return Rank: 33
KOMP Sharpe Ratio Rank: 31
KOMP Sortino Ratio Rank: 31
KOMP Omega Ratio Rank: 30
KOMP Calmar Ratio Rank: 36
KOMP Martin Ratio Rank: 34

TIME

TIME Risk / Return Rank: 44
TIME Sharpe Ratio Rank: 48
TIME Sortino Ratio Rank: 46
TIME Omega Ratio Rank: 45
TIME Calmar Ratio Rank: 37
TIME Martin Ratio Rank: 41

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.

KOMP vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) 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.

	KOMP	TIME	Difference
Sharpe ratio: Return per unit of total volatility	0.76	1.23	-0.47
Sortino ratio: Return per unit of downside risk	1.18	1.71	-0.53
Omega ratio: Gain probability vs. loss probability	1.14	1.22	-0.08
Calmar ratio: Return relative to maximum drawdown	1.27	1.34	-0.07
Martin ratio: Return relative to average drawdown	3.28	4.58	-1.30

KOMP vs. TIME - Sharpe Ratio Comparison

The current KOMP Sharpe Ratio is 0.76, which is lower than the TIME Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of KOMP 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

KOMP vs. TIME - Drawdown Comparison

The maximum KOMP drawdown since its inception was -50.06%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for KOMP and TIME.

Drawdown Indicators

	KOMP	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-50.06%	-24.26%	-25.80%
Max Drawdown (1Y) Largest decline over 1 year	-15.57%	-13.09%	-2.48%
Max Drawdown (3Y) Largest decline over 3 years	-24.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.38%	—	—
Current Drawdown Current decline from peak	-12.68%	-2.43%	-10.25%
Average Drawdown Average peak-to-trough decline	-21.42%	-5.44%	-15.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.01%	3.83%	+2.18%

Volatility

KOMP vs. TIME - Volatility Comparison

State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) has a higher volatility of 7.89% compared to Clockwise U.S. Core Equity ETF (TIME) at 4.07%. This indicates that KOMP'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

	KOMP	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.89%	4.07%	+3.82%
Volatility (6M) Calculated over the trailing 6-month period	20.56%	11.18%	+9.38%
Volatility (1Y) Calculated over the trailing 1-year period	25.79%	14.25%	+11.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.22%	17.55%	+7.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.12%	17.55%	+9.57%

KOMP vs. TIME - Expense Ratio Comparison

KOMP has a 0.20% expense ratio, which is lower than TIME's 1.00% expense ratio.

Dividends

KOMP vs. TIME - Dividend Comparison

KOMP's dividend yield for the trailing twelve months is around 1.58%, less than TIME's 9.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
KOMP State Street SPDR S&P Kensho New Economies Composite ETF	1.58%	1.84%	1.04%	1.27%	1.47%	1.44%	0.69%	0.81%	0.13%
TIME Clockwise U.S. Core Equity ETF	9.28%	10.02%	15.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KOMP and TIME in my portfolio?

KOMP 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, KOMP or TIME?

KOMP has higher volatility (7.89%) compared to TIME (4.07%). In terms of maximum drawdown, KOMP dropped -50.06% vs TIME's -24.26%.

Which ETF is better, KOMP or TIME?

On 1-year performance, KOMP leads with 21.97% vs 17.48% for TIME. On fees, KOMP is cheaper at 0.20% per year. On volatility, TIME has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KOMP or TIME?

Over the 1-year period, KOMP has performed better with a 21.97% return vs 17.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KOMP or TIME?

KOMP is cheaper with a 0.20% expense ratio, compared with 1.00% for TIME.

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

TIME has the higher dividend yield at 9.28%, compared with 1.58% for KOMP.

What is the main difference between KOMP and TIME?

They also come from different issuers: State Street and Clockwise. Their fees differ too: 0.20% for KOMP and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.23 vs 0.76), 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.