XDAT vs. TIME
Compare and contrast key facts about Franklin Exponential Data ETF (XDAT) and Clockwise Core Equity & Innovation ETF (TIME).
XDAT and TIME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XDAT is an actively managed fund by Franklin Templeton. It was launched on Jan 12, 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: XDAT or TIME.
Key characteristics
| XDAT | TIME | |
|---|---|---|
| YTD Return | 18.62% | 42.88% |
| 1Y Return | 35.33% | 57.84% |
| Sharpe Ratio | 1.89 | 3.23 |
| Sortino Ratio | 2.47 | 4.02 |
| Omega Ratio | 1.33 | 1.55 |
| Calmar Ratio | 0.94 | 3.86 |
| Martin Ratio | 4.82 | 17.73 |
| Ulcer Index | 7.47% | 3.30% |
| Daily Std Dev | 19.08% | 18.14% |
| Max Drawdown | -54.87% | -42.24% |
| Current Drawdown | -16.41% | -0.61% |
Correlation
The correlation between XDAT and TIME is 0.87, 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
XDAT vs. TIME - Performance Comparison
In the year-to-date period, XDAT achieves a 18.62% return, which is significantly lower than TIME's 42.88% return. 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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XDAT vs. TIME - Expense Ratio Comparison
XDAT has a 0.50% expense ratio, which is lower than TIME's 1.00% expense ratio.
Risk-Adjusted Performance
XDAT vs. TIME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Exponential Data ETF (XDAT) 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
XDAT vs. TIME - Dividend Comparison
XDAT has not paid dividends to shareholders, while TIME's dividend yield for the trailing twelve months is around 14.72%.
| TTM | 2023 | |
|---|---|---|
XDAT Franklin Exponential Data ETF | 0.00% | 0.00% |
TIME Clockwise Core Equity & Innovation ETF | 14.72% | 21.04% |
Drawdowns
XDAT vs. TIME - Drawdown Comparison
The maximum XDAT drawdown since its inception was -54.87%, which is greater than TIME's maximum drawdown of -42.24%. Use the drawdown chart below to compare losses from any high point for XDAT and TIME. For additional features, visit the drawdowns tool.
Volatility
XDAT vs. TIME - Volatility Comparison
The current volatility for Franklin Exponential Data ETF (XDAT) is 4.82%, while Clockwise Core Equity & Innovation ETF (TIME) has a volatility of 6.63%. This indicates that XDAT experiences smaller price fluctuations and is considered to be less risky than TIME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.