TIME vs. KROP

Last updated Apr 1, 2026

Compare and contrast key facts about Clockwise Core Equity & Innovation ETF (TIME) and Global X AgTech & Food Innovation ETF (KROP).

TIME and KROP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TIME is an actively managed fund by Clockwise Capital. It was launched on Jan 27, 2022. KROP is a passively managed fund by Global X that tracks the performance of the Solactive AgTech & Food Innovation Index. It was launched on Jul 12, 2021.

Performance

TIME vs. KROP - Performance Comparison

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

TIME vs. KROP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TIME Clockwise Core Equity & Innovation ETF	-7.92%	10.17%	6.75%
KROP Global X AgTech & Food Innovation ETF	14.02%	7.95%	-3.53%

Returns By Period

In the year-to-date period, TIME achieves a -7.92% return, which is significantly lower than KROP's 14.02% return.

TIME

• 1D: 2.20%
• 1M: -5.68%
• YTD: -7.92%
• 6M: -6.35%
• 1Y: 11.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KROP

• 1D: 1.09%
• 1M: -5.99%
• YTD: 14.02%
• 6M: 11.97%
• 1Y: 19.02%
• 3Y*: -5.52%
• 5Y*: —
• 10Y*: —

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

TIME vs. KROP - Expense Ratio Comparison

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

TIME

Clockwise Core Equity & Innovation ETF

KROP

Global X AgTech & Food Innovation ETF

Return for Risk

TIME vs. KROP — Risk / Return Rank

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

TIME

TIME Risk / Return Rank: 40
TIME Sharpe Ratio Rank: 43
TIME Sortino Ratio Rank: 42
TIME Omega Ratio Rank: 39
TIME Calmar Ratio Rank: 37
TIME Martin Ratio Rank: 39

KROP

KROP Risk / Return Rank: 55
KROP Sharpe Ratio Rank: 57
KROP Sortino Ratio Rank: 57
KROP Omega Ratio Rank: 54
KROP Calmar Ratio Rank: 65
KROP 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.

TIME vs. KROP - Risk-Adjusted Trends Comparison

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

	TIME	KROP	Difference
Sharpe ratio Return per unit of total volatility	0.76	0.99	-0.23
Sortino ratio Return per unit of downside risk	1.13	1.45	-0.33
Omega ratio Gain probability vs. loss probability	1.15	1.20	-0.05
Calmar ratio Return relative to maximum drawdown	0.90	1.63	-0.73
Martin ratio Return relative to average drawdown	3.48	3.86	-0.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TIME vs. KROP - Sharpe Ratio Comparison

The current TIME Sharpe Ratio is 0.76, which is comparable to the KROP Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of TIME and KROP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TIME	KROP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	0.99	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	-0.60	+0.86

Correlation

The correlation between TIME and KROP is 0.32, 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.

Dividends

TIME vs. KROP - Dividend Comparison

TIME's dividend yield for the trailing twelve months is around 10.88%, more than KROP's 2.40% yield.

	TTM	2025	2024	2023	2022	2021
TIME Clockwise Core Equity & Innovation ETF	10.88%	10.02%	15.84%	0.00%	0.00%	0.00%
KROP Global X AgTech & Food Innovation ETF	2.40%	2.73%	1.89%	1.36%	0.71%	0.69%

Drawdowns

TIME vs. KROP - Drawdown Comparison

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

Drawdown Indicators

	TIME	KROP	Difference
Max Drawdown Largest peak-to-trough decline	-24.26%	-61.96%	+37.70%
Max Drawdown (1Y) Largest decline over 1 year	-13.09%	-11.29%	-1.80%
Current Drawdown Current decline from peak	-11.18%	-50.06%	+38.88%
Average Drawdown Average peak-to-trough decline	-5.94%	-44.32%	+38.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	4.77%	-1.38%

Volatility

TIME vs. KROP - Volatility Comparison

Clockwise Core Equity & Innovation ETF (TIME) and Global X AgTech & Food Innovation ETF (KROP) have volatilities of 5.31% and 5.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIME	KROP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	5.45%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	10.67%	12.32%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	15.02%	19.32%	-4.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.99%	22.44%	-4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.99%	22.44%	-4.45%