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Launched · SEC filings

Clockwise U.S. Core Equity ETF

TIMENYSE ArcaD

$26.45−0.27 (−0.99%)

As of Nov 2, 2026, 3:59 PM ET

D31/ 100

Rank 108 of 126 in US Active Equity

D31/100Rank 108 of 126inUS Active Equity
Intraday session: down, 79 prints from 26.72 to 26.45. Range 26.45 to 26.89. Use the arrow keys to read each point.26.5026.6026.8026.9010 AM12 PM2 PM4 PM
Expense ratio
0.96%*
Fund size
$15M
1Y total return
+7.6%
Yield · Last 12 months
0.70%
Holdings
64
Avg volume · 30D
2.03K sh
52W range
low $22.31high $28.27
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Dec 29, 2026. Without it: 1.02%.

The ETF.net TIME Grade

Based on 5 of 6 pillars

D

Score 31 out of 100

Category
US Active Equity⁠
Rank
108 of 126
Six-pillar profile for TIME. Scores out of 100: Cost 18, Risk 36, Mission not scored, Tradability 40, Holdings 52, Durability 42. Strongest: Holdings (52). Weakest: Cost (18). Based on 5 of 6 pillars.

Score 31 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F18 out of 100
    Rank 103 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 97 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C40 out of 100
    Rank 79 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C52 out of 100
    Rank 72 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C42 out of 100
    Rank 87 of 126

Our read on TIME

ETF.net Research

In short

DA hand-run book of about 30 US stocks that can duck into cash, short-term Treasurys, inverse ETFs or covered calls when the manager wants less volatility. Active pricing: 0.96% net of a waiver through December 29, 2026.

Stated mandate

The Fund seeks long-term growth of capital.

Why people hold it

  • Concentrated on purpose: about 30 US names, so each pick carries real weight instead of being diluted across hundreds of positions.
  • Defensive levers stay on the table. Cash, short-term Treasurys, inverse ETFs and covered calls are part of the toolkit, which plain core equity funds rarely touch.tradingview.com
  • Live since January 2022, so there is a multi-year record of real money under one adviser, not a backtest.
  • The adviser is absorbing part of the cost: 0.96% net versus 1.02% gross, with that waiver running through December 29, 2026.

Worth knowing

  • Cost is the trade-off. 0.96% net of a waiver through December 29, 2026 (1.02% gross) is above the category median, next to systematic peers DFAU at 0.12% and AVLC at 0.15%.
  • A small fund that trades thinly: spreads can run wide and a sizable order can move the price on its own.
  • The mandate has moved. It launched in 2022 around 5G and innovation themes and was renamed to U.S. Core Equity at the end of 2025, so its history spans different strategies.tradingview.com

TIME Performance

Launched Jan 27, 2022

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

Not enough history yet.Not enough history yet.
TIME$10,760
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TIME $10,760. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+7.9%
1 month−3.5%
3 months+1.1%
1 year+7.6%
3 yearsper year+24.3%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+7.9%
2025+10.1%
2024+36.4%
2023+58.0%
2022−36.9%

History from Jan 28, 2022

TIME in the news

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 Oct 30, 2026.
0.70%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

$10,000 in TIME 3 years ago paid $4,878 in dividends.

TIME Risk

Risk pillarD36 out of 100Rank 97 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
18.8%
Annualised · 36 months to Oct 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.
1.02
vs 3-month T-bills · to Oct 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%
57 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.
1.20
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.

FMP measures it over up to five years of monthly returns.

TIME Cost

Compare TIME and TACU

Overpaying vs TACU, cheapest in US Active Equity

$18,034

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TIME 0.96%

    $18,034

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • TIME 0.96%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TIME $18,034TACU $0

Year by year

YearTIMETACUOverpaying
10$1,695$0$1,695
20$6,383$0$6,383
30$18,034$0$18,034
How the 0.96% is worked out

Full fee 1.02%− waiver 0.06%= you pay 0.96%

The waiver ends Dec 29, 2026. After that the fee is 1.02% unless Clockwise renews it. Source: prospectus, Dec 2025.

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