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TIME

GradeDNew York Stock Exchange Arca

Clockwise U.S. Core Equity ETF

Active Equity · Clockwise · Inception 2022-01-27

$27.67−0.28 (−1.00%)

As of Sep 23, 2026, 2:19 PM EDT

History starts Jan 28, 2022.
Intraday session: down, 59 prints from 27.95 to 27.67. Range 27.62 to 27.85. Use the arrow keys to read each point.$27.60$27.70$27.8010 AM12 PM2 PM4 PM
Expense ratio
1.02%
Fund size
$16M
1Y return
+14.3%
Yield · Last 12 months
0.67%
Holdings
34
Volume · 30D
0M sh
NAV per share
$27.37
52W range
low $22.31high $27.95

The ETF.net TIME Grade

D

28/ 100

Rank 112 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for TIME. Scores out of 100: Cost 15, Risk 35, Mission not scored, Tradability 25, Holdings 53, Durability 44. Strongest: Holdings (53). Weakest: Cost (15). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 28 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 15
    Category rank108/127 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank97/126 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 25
    Category rank105/127 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 53
    Category rank73/124 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 44
    Category rank86/127 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on TIME

ETF.net Research

DClockwise runs a concentrated active bet on innovation: roughly 30 US names tied to AI, robotics, cloud, digital payments, EVs and data security. No index to hug, just a boutique manager's picks.

Stated mandate

The Fund seeks long-term growth of capital.

Why people hold it

  1. 01About 30 holdings, so each pick carries real weight instead of being diluted across a thousand-name index.
  2. 02One mandate spans AI, robotics, cloud, digital payments, EVs, preventative health and data security rather than a single narrow theme.
  3. 03Actively managed domestic equity, so the manager can rotate as themes age instead of waiting on an index reconstitution calendar.
  4. 04Plain-vanilla plumbing: a standard 1940 Act ETF holding US stocks, launched in 2022.

Worth knowing

  1. 01The 0.95% fee runs above the typical active US equity ETF and many times what core rivals like DFAU (0.12%) and DFAC (0.17%) charge.
  2. 02A small, thinly traded fund: spreads can be wide, so limit orders matter more here than with a mega-fund.
  3. 03Concentration cuts both ways at about 30 names, and payouts come at most a couple of times a year, so this is a growth mandate, not an income one.

TIME Holdings

As of Sep 20, 2026, 10:07 AM
Asset class
Stocks
Holdings
34
Top-10 weight
47%
Largest holding
AAPL10.0%

Sectors

  • Technology48.3%
  • Communication11.1%
  • Consumer Discr.8.4%
  • Financials6.5%
  • Health Care6.5%
  • Industrials6.2%
  • Cons. Staples5.0%
  • Energy5.0%
  • Utilities2.1%
  • Materials1.1%

Geography

  • United States96.00%
  • Netherlands2.96%
  • South Korea1.04%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AAPLApple Inc9.96%4,668$2M707
002NVDANVIDIA Corp7.94%5,630$1M828
003MSFTMicrosoft Corp6.11%1,948$962K792
004GOOGLAlphabet Inc4.98%2,245$785K704
005AMZNAmazon.com Inc3.79%2,355$597K720
006INTCIntel Corp3.25%4,722$513K492
007AMDAdvanced Micro Devices Inc2.89%812$455K618
008QIDProShares UltraShort QQQ2.84%31,701$447K1
009SQQQProShares UltraPro Short QQQ2.74%11,400$432K1
010AVGOBroadcom Inc2.68%1,182$422K732
011SPCXSpace Exploration Technologies Corp2.62%2,700$412K268
012PMPhilip Morris International Inc2.51%2,100$396K412
013COPConocoPhillips2.26%2,700$356K425
014MRVLMARVELL TECHNOLOGY INC2.25%1,450$354K458
015TSLATesla Inc2.09%902$329K509

Showing 1–15 of 57 holdings

TIME Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

TIME$11,431
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. TIME $11,431. SPY $11,723. Use the arrow keys to read each point.$8,931$10,451$11,971Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TIME. Periods over one year show the average yearly return.
PeriodTIME
Year to date+12.7%
1 month+4.0%
3 months+4.5%
1 year+14.3%
3 years+25.0%per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TIME
YearReturn barTIME
2026 YTD+12.7%
2025+10.1%
2024+36.4%
2023+58.0%
2022−36.9%

History from Jan 28, 2022

TIME in the news

ETF.net Research hasn’t filed on TIME yet — coverage lands here as it’s written.

TIME Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.67%Last 12 months
Payout per share
$0.19Last 12 months
Last payment
$0.19 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 4 payments from 2023 to 2026 YTD. Dec 27, 2023 $4.42; Dec 23, 2024 $3.94; Aug 28, 2025 $2.29; Dec 22, 2025 $0.19. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 23, 2025$0.19
Aug 28, 2025Aug 29, 2025$2.29
Dec 23, 2024Dec 26, 2024$3.94
Dec 27, 2023Jan 2, 2024$4.42

TIME Risk

How much the fund’s monthly returns vary, scaled to a year.
19.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.88
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−42.3%
55 months · trough Nov 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.21
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TIME Cost

Expense ratio1.02%
  • The middle half of US Active Equity funds
  • Median 0.70%

103 of the 124 US Active Equity funds charge less.

TIME costs $102.00 a year on $10,000. The median US Active Equity fund costs $70.00.