TINY vs. TIME
Compare and contrast key facts about ProShares Nanotechnology ETF (TINY) and Clockwise Core Equity & Innovation ETF (TIME).
TINY and TIME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TINY is a passively managed fund by ProShares that tracks the performance of the Solactive Nanotechnology Index. It was launched on Oct 26, 2021. 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: TINY or TIME.
Correlation
The correlation between TINY and TIME is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TINY vs. TIME - Performance Comparison
Key characteristics
TINY:
-0.01
TIME:
1.66
TINY:
0.19
TIME:
2.19
TINY:
1.02
TIME:
1.29
TINY:
-0.01
TIME:
2.43
TINY:
-0.03
TIME:
8.93
TINY:
12.88%
TIME:
3.62%
TINY:
30.49%
TIME:
19.42%
TINY:
-43.78%
TIME:
-42.24%
TINY:
-16.34%
TIME:
-0.35%
Returns By Period
In the year-to-date period, TINY achieves a 4.95% return, which is significantly lower than TIME's 10.90% return.
TINY
4.95%
-1.99%
-6.59%
1.55%
N/A
N/A
TIME
10.90%
6.03%
18.21%
35.96%
N/A
N/A
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TINY vs. TIME - Expense Ratio Comparison
TINY has a 0.58% expense ratio, which is lower than TIME's 1.00% expense ratio.
Risk-Adjusted Performance
TINY vs. TIME — Risk-Adjusted Performance Rank
TINY
TIME
TINY vs. TIME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Nanotechnology ETF (TINY) 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
TINY vs. TIME - Dividend Comparison
TINY's dividend yield for the trailing twelve months is around 0.01%, less than TIME's 14.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
TINY ProShares Nanotechnology ETF | 0.01% | 0.01% | 0.35% | 0.42% | 0.07% |
TIME Clockwise Core Equity & Innovation ETF | 14.28% | 15.84% | 21.04% | 0.00% | 0.00% |
Drawdowns
TINY vs. TIME - Drawdown Comparison
The maximum TINY drawdown since its inception was -43.78%, roughly equal to the maximum TIME drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for TINY and TIME. For additional features, visit the drawdowns tool.
Volatility
TINY vs. TIME - Volatility Comparison
ProShares Nanotechnology ETF (TINY) has a higher volatility of 10.01% compared to Clockwise Core Equity & Innovation ETF (TIME) at 6.50%. This indicates that TINY'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.