METW vs. TIME

Last updated Jun 24, 2026

METW (Roundhill Meta Weeklypay ETF) and TIME (Clockwise Core Equity & Innovation ETF) are both Technology Equities funds. METW is passively managed, while TIME is actively managed. Over the past year, METW returned -26.35% vs 18.44% for TIME. At a 0.45 correlation, their price movements are largely independent. METW charges 0.59%/yr vs 1.00%/yr for TIME.

Performance

METW vs. TIME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Meta Weeklypay ETF (METW) 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, METW achieves a -19.43% return, which is significantly lower than TIME's 6.28% return.

METW

• 1D: -0.28%
• 1M: -9.52%
• YTD: -19.43%
• 6M: -20.16%
• 1Y: -26.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TIME

• 1D: -1.44%
• 1M: -2.34%
• YTD: 6.28%
• 6M: 5.78%
• 1Y: 18.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METW vs. TIME - Yearly Performance Comparison

	2026 (YTD)	2025
METW Roundhill Meta Weeklypay ETF	-19.43%	-9.14%
TIME Clockwise Core Equity & Innovation ETF	6.28%	11.60%

Correlation

The correlation between METW and TIME is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.45

METW vs. TIME - Sectors Allocation Comparison

Sectors	METW	TIME
Communication Services	26.8%	15.4%
Basic Materials	-	5.3%
Consumer Cyclical	-	8.7%
Consumer Defensive	-	3.0%
Energy	-	8.3%
Financial Services	-	8.9%
Healthcare	-	0.5%
Industrials	-	5.3%
Real Estate	-	-
Technology	-	41.1%
Utilities	-	4.1%

Return for Risk

METW vs. TIME — Risk / Return Rank

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

METW

METW Risk / Return Rank: 4
METW Sharpe Ratio Rank: 4
METW Sortino Ratio Rank: 4
METW Omega Ratio Rank: 4
METW Calmar Ratio Rank: 4
METW Martin Ratio Rank: 3

TIME

TIME Risk / Return Rank: 35
TIME Sharpe Ratio Rank: 40
TIME Sortino Ratio Rank: 36
TIME Omega Ratio Rank: 37
TIME Calmar Ratio Rank: 29
TIME Martin Ratio Rank: 35

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.

METW vs. TIME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Meta Weeklypay ETF (METW) 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.

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.

	METW	TIME	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	1.33	-1.94
Sortino ratio: Return per unit of downside risk	-0.69	1.82	-2.52
Omega ratio: Gain probability vs. loss probability	0.91	1.23	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.65	1.41	-2.07
Martin ratio: Return relative to average drawdown	-1.25	5.10	-6.35

METW vs. TIME - Sharpe Ratio Comparison

The current METW Sharpe Ratio is -0.61, which is lower than the TIME Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of METW 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

METW vs. TIME - Drawdown Comparison

The maximum METW drawdown since its inception was -40.52%, which is greater than TIME's maximum drawdown of -24.26%. Use the drawdown chart below to compare losses from any high point for METW and TIME.

Drawdown Indicators

	METW	TIME	Difference
Max Drawdown Largest peak-to-trough decline	-40.52%	-24.26%	-16.26%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	-13.09%	-27.43%
Current Drawdown Current decline from peak	-36.08%	-3.94%	-32.14%
Average Drawdown Average peak-to-trough decline	-18.08%	-5.53%	-12.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.11%	3.63%	+17.48%

Volatility

METW vs. TIME - Volatility Comparison

Roundhill Meta Weeklypay ETF (METW) has a higher volatility of 15.67% compared to Clockwise Core Equity & Innovation ETF (TIME) at 5.23%. This indicates that METW'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

	METW	TIME	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.67%	5.23%	+10.44%
Volatility (6M) Calculated over the trailing 6-month period	33.51%	11.10%	+22.41%
Volatility (1Y) Calculated over the trailing 1-year period	43.19%	13.98%	+29.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.09%	17.73%	+25.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.09%	17.73%	+25.36%

METW vs. TIME - Expense Ratio Comparison

METW has a 0.59% expense ratio, which is lower than TIME's 1.00% expense ratio.

Dividends

METW vs. TIME - Dividend Comparison

METW's dividend yield for the trailing twelve months is around 66.02%, more than TIME's 9.43% yield.

Position	TTM	2025	2024
METW Roundhill Meta Weeklypay ETF	66.02%	30.89%	0.00%
TIME Clockwise Core Equity & Innovation ETF	9.43%	10.02%	15.84%

Frequently Asked Questions

Can I hold both METW and TIME in my portfolio?

METW and TIME have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, METW or TIME?

METW has higher volatility (15.67%) compared to TIME (5.23%). In terms of maximum drawdown, METW dropped -40.52% vs TIME's -24.26%.

Which ETF is better, METW or TIME?

On 1-year performance, TIME leads with 18.44% vs -26.35% for METW. On fees, METW is cheaper at 0.59% per year. On volatility, TIME has been the lower-risk option at 5.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, METW or TIME?

Over the 1-year period, TIME has performed better with a 18.44% return vs -26.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, METW or TIME?

METW is cheaper with a 0.59% expense ratio, compared with 1.00% for TIME.

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

METW has the higher dividend yield at 66.02%, compared with 9.43% for TIME.

What is the main difference between METW and TIME?

They also come from different issuers: Roundhill and Clockwise Capital. Their fees differ too: 0.59% for METW and 1.00% for TIME.

Which has better risk-adjusted returns?

TIME currently has the higher Sharpe Ratio (1.33 vs -0.61), 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.