TIME vs. XLKI

Last updated Aug 4, 2026

TIME (Clockwise U.S. Core Equity ETF) and XLKI (State Street Technology Select Sector SPDR Premium Income ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TIME returned 17.48% vs 26.30% for XLKI. Their 0.77 correlation means they have sometimes moved together and sometimes differently. TIME charges 1.00%/yr vs 0.35%/yr for XLKI.

Performance

TIME vs. XLKI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clockwise U.S. Core Equity ETF (TIME) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TIME achieves a 7.94% return, which is significantly lower than XLKI's 12.19% return.

TIME

• 1D: 1.18%
• 1M: 1.28%
• 6M: 7.90%
• YTD: 7.94%
• 1Y: 17.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.58%

XLKI

• 1D: 1.38%
• 1M: 0.31%
• 6M: 9.72%
• YTD: 12.19%
• 1Y: 26.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.17%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TIME Clockwise U.S. Core Equity ETF	$51.24K	$43.99K	$100.40K
XLKI State Street Technology Select Sector SPDR Premium Income ETF	$526.89K	$421.64K	$346.32K

TIME vs. XLKI - Yearly Performance Comparison

	2026 (YTD)	2025
TIME Clockwise U.S. Core Equity ETF	7.94%	8.39%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	12.19%	10.02%

Correlation

The correlation between TIME and XLKI is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.77

The correlation between TIME and XLKI has been stable across timeframes, ranging from 0.77 to 0.77 - a consistent structural relationship.

TIME vs. XLKI - Sectors Allocation Comparison

Sectors	TIME	XLKI
Technology	45.5%	99.2%
Communication Services	15.6%	0.8%
Healthcare	6.8%	-
Energy	6.8%	-
Consumer Cyclical	6.1%	-
Consumer Defensive	5.5%	-
Industrials	5.3%	-
Financial Services	3.6%	99.9%
Basic Materials	3.3%	-
Utilities	1.6%	-
Real Estate	-	-

Return for Risk

TIME vs. XLKI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TIME

TIME Risk / Return Rank: 44
TIME Sharpe Ratio Rank: 48
TIME Sortino Ratio Rank: 46
TIME Omega Ratio Rank: 45
TIME Calmar Ratio Rank: 37
TIME Martin Ratio Rank: 41

XLKI

XLKI Risk / Return Rank: 57
XLKI Sharpe Ratio Rank: 52
XLKI Sortino Ratio Rank: 50
XLKI Omega Ratio Rank: 53
XLKI Calmar Ratio Rank: 65
XLKI Martin Ratio Rank: 66

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TIME vs. XLKI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clockwise U.S. Core Equity ETF (TIME) and State Street Technology Select Sector SPDR Premium Income ETF (XLKI). 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.

	TIME	XLKI	Difference
Sharpe ratio: Return per unit of total volatility	1.23	1.33	-0.09
Sortino ratio: Return per unit of downside risk	1.71	1.84	-0.13
Omega ratio: Gain probability vs. loss probability	1.22	1.25	-0.03
Calmar ratio: Return relative to maximum drawdown	1.34	2.36	-1.02
Martin ratio: Return relative to average drawdown	4.58	8.25	-3.67

TIME vs. XLKI - Sharpe Ratio Comparison

The current TIME Sharpe Ratio is 1.23, which is comparable to the XLKI Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of TIME and XLKI, 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

TIME vs. XLKI - Drawdown Comparison

The maximum TIME drawdown since its inception was -24.26%, which is greater than XLKI's maximum drawdown of -11.21%. Use the drawdown chart below to compare losses from any high point for TIME and XLKI.

Drawdown Indicators

	TIME	XLKI	Difference
Max Drawdown Largest peak-to-trough decline	-24.26%	-11.21%	-13.05%
Max Drawdown (1Y) Largest decline over 1 year	-13.09%	-11.21%	-1.88%
Current Drawdown Current decline from peak	-2.43%	-5.44%	+3.01%
Average Drawdown Average peak-to-trough decline	-5.44%	-2.17%	-3.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	3.20%	+0.63%

Volatility

TIME vs. XLKI - Volatility Comparison

The current volatility for Clockwise U.S. Core Equity ETF (TIME) is 4.07%, while State Street Technology Select Sector SPDR Premium Income ETF (XLKI) has a volatility of 8.46%. This indicates that TIME experiences smaller price fluctuations and is considered to be less risky than XLKI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIME	XLKI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.07%	8.46%	-4.39%
Volatility (6M) Calculated over the trailing 6-month period	11.18%	17.52%	-6.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.25%	19.95%	-5.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	19.92%	-2.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.55%	19.92%	-2.37%

TIME vs. XLKI - Expense Ratio Comparison

TIME has a 1.00% expense ratio, which is higher than XLKI's 0.35% expense ratio.

Dividends

TIME vs. XLKI - Dividend Comparison

TIME's dividend yield for the trailing twelve months is around 9.28%, less than XLKI's 19.68% yield.

Position	TTM	2025	2024
TIME Clockwise U.S. Core Equity ETF	9.28%	10.02%	15.84%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	19.68%	8.52%	0.00%

Frequently Asked Questions

Can I hold both TIME and XLKI in my portfolio?

TIME and XLKI have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIME or XLKI?

XLKI has higher volatility (8.46%) compared to TIME (4.07%). In terms of maximum drawdown, TIME dropped -24.26% vs XLKI's -11.21%.

Which ETF is better, TIME or XLKI?

On 1-year performance, XLKI leads with 26.30% vs 17.48% for TIME. On fees, XLKI is cheaper at 0.35% per year. On volatility, TIME has been the lower-risk option at 4.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TIME or XLKI?

Over the 1-year period, XLKI has performed better with a 26.30% return vs 17.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TIME or XLKI?

XLKI is cheaper with a 0.35% expense ratio, compared with 1.00% for TIME.

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

XLKI has the higher dividend yield at 19.68%, compared with 9.28% for TIME.

What is the main difference between TIME and XLKI?

They also come from different issuers: Clockwise and State Street. Their fees differ too: 1.00% for TIME and 0.35% for XLKI.

Which has better risk-adjusted returns?

XLKI currently has the higher Sharpe Ratio (1.33 vs 1.23), 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.