PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TIME vs. MSTY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TIME vs. MSTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clockwise Core Equity & Innovation ETF (TIME) and YieldMax™ MSTR Option Income Strategy ETF (MSTY). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
14.03%
88.06%
TIME
MSTY

Returns By Period


TIME

YTD

44.29%

1M

6.48%

6M

15.87%

1Y

54.44%

5Y (annualized)

N/A

10Y (annualized)

N/A

MSTY

YTD

N/A

1M

50.40%

6M

88.06%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


TIMEMSTY
Daily Std Dev18.18%79.75%
Max Drawdown-42.24%-33.16%
Current Drawdown-0.08%-10.33%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TIME vs. MSTY - Expense Ratio Comparison

TIME has a 1.00% expense ratio, which is higher than MSTY's 0.99% expense ratio.


TIME
Clockwise Core Equity & Innovation ETF
Expense ratio chart for TIME: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%
Expense ratio chart for MSTY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Correlation

-0.50.00.51.00.5

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.

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.


Sharpe ratio
The chart of Sharpe ratio for TIME, currently valued at 3.03, compared to the broader market0.002.004.003.03
The chart of Sortino ratio for TIME, currently valued at 3.82, compared to the broader market-2.000.002.004.006.008.0010.0012.003.82
The chart of Omega ratio for TIME, currently valued at 1.52, compared to the broader market0.501.001.502.002.503.001.52
The chart of Calmar ratio for TIME, currently valued at 4.14, compared to the broader market0.005.0010.0015.004.14
The chart of Martin ratio for TIME, currently valued at 16.66, compared to the broader market0.0020.0040.0060.0080.00100.0016.66
TIME
MSTY

Chart placeholderNot enough data

Dividends

TIME vs. MSTY - Dividend Comparison

TIME's dividend yield for the trailing twelve months is around 14.58%, less than MSTY's 68.14% yield.


TTM2023
TIME
Clockwise Core Equity & Innovation ETF
14.58%21.04%
MSTY
YieldMax™ MSTR Option Income Strategy ETF
68.14%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.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.08%
-10.33%
TIME
MSTY

Volatility

TIME vs. MSTY - Volatility Comparison

The current volatility for Clockwise Core Equity & Innovation ETF (TIME) is 6.43%, while YieldMax™ MSTR Option Income Strategy ETF (MSTY) has a volatility of 31.96%. 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.


5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
6.43%
31.96%
TIME
MSTY