KROP vs. TIME

Last updated Jun 4, 2026

KROP (Global X AgTech & Food Innovation ETF) and TIME (Clockwise Core Equity & Innovation ETF) are both Technology Equities funds. KROP is passively managed, while TIME is actively managed. Over the past year, KROP returned 13.67% vs 23.44% for TIME. At a 0.30 correlation, their price movements are largely independent. KROP charges 0.50%/yr vs 1.00%/yr for TIME.

Performance

KROP vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X AgTech & Food Innovation ETF (KROP) and Clockwise Core Equity & Innovation ETF (TIME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KROP achieves a 16.34% return, which is significantly higher than TIME's 9.82% return.

KROP

• 1D: 0.21%
• 1M: -0.06%
• YTD: 16.34%
• 6M: 14.63%
• 1Y: 13.67%
• 3Y*: 0.81%
• 5Y*: —
• 10Y*: —

TIME

• 1D: -0.73%
• 1M: 5.38%
• YTD: 9.82%
• 6M: 10.85%
• 1Y: 23.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KROP vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KROP Global X AgTech & Food Innovation ETF	16.34%	7.95%	-3.53%
TIME Clockwise Core Equity & Innovation ETF	9.82%	10.17%	6.75%

Correlation

The correlation between KROP and TIME is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jun 25, 2024	0.30

KROP vs. TIME - Sectors Allocation Comparison

Sectors	KROP	TIME
Industrials	39.7%	1.0%
Basic Materials	32.1%	3.0%
Consumer Defensive	26.3%	10.1%
Healthcare	0.3%	0.5%
Consumer Cyclical	0.3%	13.8%
Communication Services	-	17.4%
Energy	-	8.4%
Financial Services	-	3.2%
Real Estate	-	-
Technology	-	38.5%
Utilities	-	5.1%

Return for Risk

KROP vs. TIME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KROP

KROP Risk / Return Rank: 24
KROP Sharpe Ratio Rank: 24
KROP Sortino Ratio Rank: 24
KROP Omega Ratio Rank: 23
KROP Calmar Ratio Rank: 26
KROP Martin Ratio Rank: 22

TIME

TIME Risk / Return Rank: 45
TIME Sharpe Ratio Rank: 51
TIME Sortino Ratio Rank: 48
TIME Omega Ratio Rank: 49
TIME Calmar Ratio Rank: 36
TIME Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KROP vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X AgTech & Food Innovation ETF (KROP) 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.

	KROP	TIME	Difference
Sharpe ratio: Return per unit of total volatility	0.86	1.78	-0.92
Sortino ratio: Return per unit of downside risk	1.31	2.40	-1.09
Omega ratio: Gain probability vs. loss probability	1.16	1.31	-0.15
Calmar ratio: Return relative to maximum drawdown	1.22	1.80	-0.58
Martin ratio: Return relative to average drawdown	2.75	6.63	-3.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KROP vs. TIME - Sharpe Ratio Comparison

The current KROP Sharpe Ratio is 0.86, which is lower than the TIME Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of KROP 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.

Sharpe Ratios by Period

	KROP	TIME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	1.78	-0.92
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	0.80	-1.37

Drawdowns

KROP vs. TIME - Drawdown Comparison

The maximum KROP drawdown since its inception was -61.96%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for KROP and TIME.

Drawdown Indicators

	KROP	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-61.96%	-24.26%	-37.70%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-13.09%	+1.80%
Max Drawdown (3Y) Largest decline over 3 years	-28.70%	—	—
Current Drawdown Current decline from peak	-49.05%	-0.74%	-48.31%
Average Drawdown Average peak-to-trough decline	-44.50%	-5.60%	-38.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.99%	3.55%	+1.44%

Volatility

KROP vs. TIME - Volatility Comparison

Global X AgTech & Food Innovation ETF (KROP) has a higher volatility of 4.77% compared to Clockwise Core Equity & Innovation ETF (TIME) at 3.48%. This indicates that KROP'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

	KROP	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.77%	3.48%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	12.01%	10.14%	+1.87%
Volatility (1Y) Calculated over the trailing 1-year period	16.04%	13.27%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.28%	17.62%	+4.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.28%	17.62%	+4.66%

KROP vs. TIME - Expense Ratio Comparison

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

Dividends

KROP vs. TIME - Dividend Comparison

KROP's dividend yield for the trailing twelve months is around 2.35%, less than TIME's 9.12% yield.

Position	TTM	2025	2024	2023	2022	2021
KROP Global X AgTech & Food Innovation ETF	2.35%	2.73%	1.89%	1.36%	0.71%	0.69%
TIME Clockwise Core Equity & Innovation ETF	9.12%	10.02%	15.84%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KROP and TIME in my portfolio?

KROP and TIME have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KROP or TIME?

KROP has higher volatility (4.77%) compared to TIME (3.48%). In terms of maximum drawdown, KROP dropped -61.96% vs TIME's -24.26%.

Which ETF is better, KROP or TIME?

On 1-year performance, TIME leads with 23.44% vs 13.67% for KROP. On fees, KROP is cheaper at 0.50% per year. On volatility, TIME has been the lower-risk option at 3.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KROP or TIME?

Over the 1-year period, TIME has performed better with a 23.44% return vs 13.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KROP or TIME?

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

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

TIME has the higher dividend yield at 9.12%, compared with 2.35% for KROP.

What is the main difference between KROP and TIME?

They also come from different issuers: Global X and Clockwise Capital. Their fees differ too: 0.50% for KROP and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.78 vs 0.86), 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.