SURI vs. TIME
Compare and contrast key facts about Simplify Propel Opportunities ETF (SURI) and Clockwise Core Equity & Innovation ETF (TIME).
SURI and TIME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SURI is an actively managed fund by Simplify. It was launched on Feb 7, 2023. TIME is an actively managed fund by Clockwise Capital. It was launched on Jan 27, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SURI or TIME.
Performance
SURI vs. TIME - Performance Comparison
Returns By Period
In the year-to-date period, SURI achieves a 20.73% return, which is significantly lower than TIME's 42.26% return.
SURI
20.73%
-6.88%
5.81%
34.68%
N/A
N/A
TIME
42.26%
4.94%
13.27%
54.55%
N/A
N/A
Key characteristics
| SURI | TIME | |
|---|---|---|
| Sharpe Ratio | 1.36 | 3.03 |
| Sortino Ratio | 2.02 | 3.81 |
| Omega Ratio | 1.24 | 1.51 |
| Calmar Ratio | 2.33 | 4.00 |
| Martin Ratio | 5.36 | 16.62 |
| Ulcer Index | 7.31% | 3.31% |
| Daily Std Dev | 28.78% | 18.21% |
| Max Drawdown | -19.43% | -42.24% |
| Current Drawdown | -15.54% | -1.04% |
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SURI vs. TIME - Expense Ratio Comparison
SURI has a 2.51% expense ratio, which is higher than TIME's 1.00% expense ratio.
Correlation
The correlation between SURI and TIME is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
SURI vs. TIME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Propel Opportunities ETF (SURI) 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.
Dividends
SURI vs. TIME - Dividend Comparison
SURI's dividend yield for the trailing twelve months is around 14.73%, which matches TIME's 14.79% yield.
| TTM | 2023 | |
|---|---|---|
SURI Simplify Propel Opportunities ETF | 14.73% | 14.71% |
TIME Clockwise Core Equity & Innovation ETF | 14.79% | 21.04% |
Drawdowns
SURI vs. TIME - Drawdown Comparison
The maximum SURI drawdown since its inception was -19.43%, smaller than the maximum TIME drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for SURI and TIME. For additional features, visit the drawdowns tool.
Volatility
SURI vs. TIME - Volatility Comparison
Simplify Propel Opportunities ETF (SURI) has a higher volatility of 10.95% compared to Clockwise Core Equity & Innovation ETF (TIME) at 6.62%. This indicates that SURI'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.