TIME vs. MSTY
Compare and contrast key facts about Clockwise Core Equity & Innovation ETF (TIME) and YieldMax™ MSTR Option Income Strategy ETF (MSTY).
TIME and MSTY 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. MSTY is an actively managed fund by YieldMax. It was launched on Feb 21, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TIME or MSTY.
Key characteristics
| TIME | MSTY | |
|---|---|---|
| Daily Std Dev | 17.68% | 74.55% |
| Max Drawdown | -42.24% | -33.16% |
| Current Drawdown | -5.29% | -8.82% |
Correlation
The correlation between TIME and MSTY is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TIME vs. MSTY - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TIME vs. MSTY - Expense Ratio Comparison
TIME has a 1.00% expense ratio, which is higher than MSTY's 0.99% expense ratio.
Risk-Adjusted Performance
TIME vs. MSTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clockwise Core Equity & Innovation ETF (TIME) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). 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.
Not enough dataDividends
TIME vs. MSTY - Dividend Comparison
TIME's dividend yield for the trailing twelve months is around 16.17%, less than MSTY's 73.83% yield.
| TTM | 2023 | |
|---|---|---|
TIME Clockwise Core Equity & Innovation ETF | 16.17% | 21.04% |
MSTY YieldMax™ MSTR Option Income Strategy ETF | 73.83% | 0.00% |
Drawdowns
TIME vs. MSTY - Drawdown Comparison
The maximum TIME drawdown since its inception was -42.24%, which is greater than MSTY's maximum drawdown of -33.16%. Use the drawdown chart below to compare losses from any high point for TIME and MSTY. For additional features, visit the drawdowns tool.
Volatility
TIME vs. MSTY - Volatility Comparison
The current volatility for Clockwise Core Equity & Innovation ETF (TIME) is 5.25%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 18.32%. This indicates that TIME experiences smaller price fluctuations and is considered to be less risky than MSTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.