DYNF vs TIME: Grades, Fees and Holdings Compared

iShares U.S. Equity Factor Rotation Active ETF

DYNFANYSE Arca

Clockwise U.S. Core Equity ETF

TIMEDNYSE Arca

Overlap

48.8%by weight

Expense ratio

DYNF −0.70pt a year

DYNF0.26%TIME0.96%

Avg volume · 30D

DYNF 1112.3×the volume

DYNF2.25MTIME2.03K

3Y return · a year

DYNF +2.4pt

DYNF+26.7%TIME+24.3%

DYNF vs TIME Performance

Oct 31, 2025 – Oct 30, 2026

+11.6%DYNF+7.6%TIME

Expense ratio: DYNF 0.26%, better; TIME 0.96%
Fund size: DYNF $41.8B; TIME $15M
1Y total return: DYNF +11.6%, better; TIME +7.6%
Yield (12M): DYNF 0.84%, better; TIME 0.70%
Holdings: DYNF 264; TIME 64
Avg volume (30D): DYNF 2.25M sh, better; TIME 2.03K sh
NAV per share: DYNF $67.32; TIME $26.73
52W range

ETF.net Grade

Pillar letters and Scores for DYNF, TIME, with each pillar’s weight
Pillar	DYNF	TIME
Cost30% weight	A86Higher	F18
Mission25% weight	Not scored	Not scored
Risk15% weight	A71Higher	D36
Tradability15% weight	A99Higher	C40
Holdings10% weight	B65Higher	C52
Durability5% weight	A97Higher	C42

Rank among US Active Equity funds

How we build Categories ›

Same Category. DYNF and TIME are both graded against the same 121 US Active Equity funds, so their Grades compare head to head.

US Active Equity⁠

Category · 121 funds

See all 121 ›

DYNF ranks 4th and TIME 104th of 121 funds in the US Active Equity Category.

Rank 1AAVLCAvantis U.S. Large Cap Equity ETFScore 87
Rank 2ADFAUDimensional US Core Equity Market ETFScore 86
Rank 3ADFACDimensional US Core Equity 2 ETFScore 85
Rank 4ADYNFiShares U.S. Equity Factor Rotation Active ETFScore 83
Rank 4AFELCFidelity Enhanced Large Cap Core ETFScore 83
Rank 104DSPITF/m Emerald Special Situations ETFScore 31
Rank 104DTIMEClockwise U.S. Core Equity ETFScore 31
Rank 108DKOOLNorth Shore Equity Rotation ETFScore 30

Our read on each fund

ETF.net Research

DYNFAiShares U.S. Equity Factor Rotation Active ETF

TIMEDClockwise U.S. Core Equity ETF

In short

DYNF Most factor funds make you pick a lane: value, momentum, quality. DYNF rotates across five styles instead, letting a factor model decide which one leads, and charges an index-fund-ish 0.26% to do it.

TIME A 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

DYNF The Fund seeks to outperform the U.S. equity market through diversified, tactical exposure to style factors using a factor rotation model.

TIME The Fund seeks long-term growth of capital.

Why people hold it

DYNF Five style factors in one ticket (value, quality, momentum, growth, low volatility), reweighted by a rotation model rather than locked to a single tilt.
0.26% is well under half the median fee in its active US equity peer group, which is unusual pricing for a strategy with a human-supervised model behind it.
A multi-billion-dollar fund and one of the more actively traded names in its category, so getting in and out rarely becomes the hard part. Pays quarterly.
Running since 2019 under one of the biggest ETF shops, and it stands among the strongest overall implementations in the active US equity group we track.

TIME 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

DYNF The yardstick isn't the S&P 500: it's a custom blend of 80% MSCI USA and 20% MSCI USA Minimum Volatility, so a low-vol tilt is baked into the benchmark itself.
Active by design. The factor mix shifts, the book runs to a couple hundred stocks, and a rotation call can leave it out of step with a plain US market index fund.
Cheap for active, not the cheapest shelf: systematic peers DFAU (0.12%), AVLC (0.15%), DFAC (0.17%) and FELC (0.18%) all undercut it on fee.

TIME 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

Full DYNF profile⁠

Full TIME profile⁠

DYNF vs TIME Holdings

How DYNF and TIME differ

Overlap by weight

48.8%

Shared holdings make up 84.6% of TIME and 58.8% of DYNF.

Level by level

Holdings50 in both48.8%
Sector11 Sectors87.4%
Countryby domicile98.1%
Asset classEquity100%

Sector

Sector weights in DYNF and TIME, widest gap first
Sector	More in DYNFMore in TIME	DYNF	TIME
Financials	DYNF +7.5 points	15.4%	7.9%
Technology	TIME +3.0 points	39.9%	42.9%
Consumer Discretionary	TIME +2.8 points	7.0%	9.8%
Health Care	TIME +2.1 points	7.7%	9.8%
Communication	DYNF +2.0 points	9.6%	7.6%
Consumer Staples	TIME +2.0 points	2.2%	4.2%
Utilities	TIME +1.6 points	1.8%	3.4%
Real Estate	DYNF +1.4 points	2.0%	0.6%
Energy	DYNF +1.2 points	5.3%	4.1%
Materials	TIME +1.2 points	0.9%	2.1%
Industrials	DYNF +0.3 points	8.0%	7.7%

Country, concentration and asset class

Country by domicile

Country weights in DYNF and TIME, widest gap first
Country	More in DYNFMore in TIME	DYNF	TIME
United States	DYNF +1.9 points	100.0%	98.1%
Canada	TIME +1.0 points	0.0%	1.0%
Netherlands	TIME +0.9 points	0.0%	0.9%

Concentration

Weight in the 10 largest Holdings

DYNF40.4%
TIME47.3%

Securities held

DYNF262
TIME64

Asset class

DYNF: Equity
TIME: Equity

Holdings

Only in DYNF212
In both50
Only in TIME14

Only in DYNF

212 securities, 40.9% of DYNF by weight

Bank of America2.13%
Alphabet Class C1.71%
Travelers Companies1.60%
Cisco Systems Inc1.54%
Citigroup1.35%
Caterpillar Inc1.31%
Parker-Hannifin1.28%
Lam Research1.26%
Walmart1.14%
Allstate Corp1.14%
Rtx1.12%
Duke Energy Corp1.07%
Goldman Sachs Group1.05%
Welltower0.92%
Verizon Communications Inc0.75%
Realty Income Reit0.73%
Palantir Technologies Class A0.73%
Netflix0.71%
Cme Group Class A0.71%
Amphenol Corp Class A0.70%
AT&T0.64%
American International Group0.62%
Newmont0.62%
Hartford Insurance Group0.57%
Deere0.55%
Gilead Sciences0.54%
Trane Technologies PLC0.51%
Nextera Energy0.51%
Ge Aerospace0.48%
Valero Energy Corp0.47%
Eaton PLC0.43%
Western Digital Corp0.40%
Servicenow0.35%
Corning0.33%
Medtronic PLC0.33%
Progressive0.32%
Pfizer0.30%
General Motors0.28%
Oracle0.27%
Intuit0.27%
Prologis Reit0.26%
Adobe Inc0.25%
Phillips 660.23%
Regeneron Pharmaceuticals0.22%
International Business Machines Co0.22%
Costco Wholesale Corp0.22%
Seagate Technology Holdings PLC0.21%
Exelon Corp0.21%
Procter & Gamble0.21%
Mcdonalds Corp0.21%

Only in TIME

14 securities, 16.8% of TIME by weight

First American Government Obligations Fund 12/01/20312.88%
Southern Co/The2.25%
ProShares UltraPro Short QQQ2.14%
ConocoPhillips1.81%
Icon PLC1.30%
American Tower Corp1.01%
Barrick Mining Corp0.98%
TransDigm Group Inc0.94%
ASML Holding NV0.85%
Blackrock Inc0.56%
Axon Enterprise Inc0.56%
Toll Brothers Inc0.55%
Ecolab Inc0.52%
General Dynamics Corp0.47%

Weight gaps

All 50 Holdings in both funds, largest gap first.

Holding weights in DYNF and TIME, widest gap first
Holding	More in DYNFMore in TIME	DYNF	TIME
Alphabet Class AGOOGL	TIME +2.89 points	2.07%	4.96%
MicrosoftMSFT	TIME +2.63 points	4.78%	7.41%
NVIDIANVDA	TIME +2.47 points	7.83%	10.30%
Lumentum HoldingsLITE	TIME +1.88 points	0.14%	2.02%
JPMorgan Chase & CoJPM	DYNF +1.86 points	3.39%	1.53%
Space Exploration Technologies CorSPCX	TIME +1.80 points	0.58%	2.38%
UnitedHealth GroupUNH	TIME +1.62 points	0.47%	2.09%
Johnson & JohnsonJNJ	DYNF +1.60 points	2.04%	0.44%
Marvell TechnologyMRVL	TIME +1.60 points	0.21%	1.81%
Dollar General CorpDG	TIME +1.46 points	0.11%	1.57%
Datadog Inc Class ADDOG	TIME +1.44 points	0.08%	1.52%
Exxonmobil Holdings CorpXOM	DYNF +1.43 points	3.18%	1.75%
Broadcom IncAVGO	DYNF +1.34 points	2.40%	1.06%
Airbnb Class AABNB	TIME +1.32 points	0.06%	1.38%
ChevronCVX	DYNF +1.19 points	1.71%	0.52%
Visa Class AV	TIME +1.15 points	0.42%	1.57%
Amgen IncAMGN	TIME +1.12 points	0.05%	1.17%
Ge VernovaGEV	TIME +1.04 points	0.51%	1.55%
Strategy Inc Class AMSTR	TIME +0.92 points	0.03%	0.95%
American Electric Power IncAEP	TIME +0.88 points	0.11%	0.99%
Old Dominion Freight LineODFL	TIME +0.87 points	<0.01%	0.88%
SnowflakeSNOW	TIME +0.84 points	0.11%	0.95%
Crowdstrike Holdings Class ACRWD	TIME +0.81 points	0.19%	1.00%
KrogerKR	TIME +0.80 points	0.00%	0.80%
Us BancorpUSB	TIME +0.79 points	0.21%	1.00%
SalesforceCRM	DYNF +0.76 points	1.57%	0.81%
Philip Morris InternationalPM	TIME +0.76 points	0.30%	1.06%
Mastercard Class AMA	TIME +0.74 points	0.07%	0.81%
Amazon.com IncAMZN	TIME +0.74 points	4.00%	4.74%
Lennar A Class ALEN	TIME +0.51 points	0.03%	0.54%
Advanced Micro DevicesAMD	DYNF +0.51 points	1.54%	1.03%
Tenet Healthcare CorpTHC	TIME +0.51 points	0.01%	0.52%
Intel CorporationINTC	TIME +0.49 points	0.46%	0.95%
Booking HoldingsBKNG	TIME +0.48 points	0.38%	0.86%
DanaherDHR	TIME +0.47 points	0.06%	0.53%
Coca-ColaKO	TIME +0.46 points	0.07%	0.53%
Universal Health Services Class BUHS	TIME +0.45 points	0.00%	0.45%
Robinhood Markets Class AHOOD	TIME +0.44 points	0.06%	0.50%
Tesla IncTSLA	DYNF +0.43 points	1.72%	1.29%
Lockheed MartinLMT	TIME +0.38 points	0.23%	0.61%
Intuitive SurgicalISRG	TIME +0.35 points	0.22%	0.57%
Micron TechnologyMU	TIME +0.26 points	1.70%	1.96%
Applied Material IncAMAT	DYNF +0.25 points	1.05%	0.80%
AppleAAPL	DYNF +0.24 points	8.27%	8.03%
Palo Alto NetworksPANW	TIME +0.23 points	0.25%	0.48%
Eli LillyLLY	TIME +0.23 points	1.52%	1.75%
Meta Platforms Class AMETA	DYNF +0.21 points	2.37%	2.16%
Thermo Fisher ScientificTMO	DYNF +0.10 points	0.66%	0.56%
Berkshire Hathaway Inc Class BBRK.B	DYNF +0.03 points	1.06%	1.03%
AbbVieABBV	DYNF +0.03 points	0.49%	0.46%

All 262 DYNF holdings⁠All 34 TIME holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DYNF vs TIME Cost

Overpaying TIME vs DYNF

$12,676

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

DYNF 0.26%
$5,358
TIME 0.96%
$18,034

Amount$10,000

Years30 years

Cost over time

DYNF 0.26%
TIME 0.96%
Overpaying

Year by year

Year	DYNF	TIME	Overpaying
10	$473	$1,695	$1,222
20	$1,838	$6,383	$4,545
30	$5,358	$18,034	$12,676

Expense ratio

0.26%DYNF, cheaper
0.96%TIME

DYNF0.26%TIME0.96%

0.00%2.89%

Middle half of US Active Equity funds
Median 0.68%

DYNF 18th cheapest of 121 funds

TIME 99th cheapest of 121 funds

DYNF vs TIME Dividends

Last 12 months to Oct 30, 2026

Yield (12M): DYNF 0.84%, better; TIME 0.70%
Payout (12M): DYNF $0.56; TIME $0.19
Last payment: DYNF $0.14; TIME $0.19
Ex-dividend: DYNF Sep 15, 2026; TIME Dec 22, 2025
Paid on: DYNF Sep 18, 2026; TIME Dec 23, 2025
Frequency: DYNF Quarterly; TIME Annual

Distribution history

Per share, 2019 to 2026, same scale for both

DYNFQuarterly · 30 paymentsAll DYNF payments⁠

TIMEAnnual · 4 paymentsAll TIME payments⁠

DYNF vs TIME Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: DYNF 13.1%, betterTIME 18.8%
Return per unit of riskSharpe ratio, 3 years: DYNF 1.55, betterTIME 1.02
Worst fallMax drawdown, 5 years: DYNF −26.9%TIME −42.3%since Jan 2022
Market sensitivityBeta, 5 years: DYNF 1.02TIME 1.20; Market = 1

DYNF and TIME in the news

All news⁠

ETF Filings
BlackRock files two Form 497Ks for iShares DYNF
Sep 7, 2026DYNF

Popular comparisons

DYNFAvsAVLCA
iShares U.S. Equity Factor Rotation Active ETF · Avantis U.S. Large Cap Equity ETF
Expense ratio
0.26% · 0.15%
Category
TIMEDvsAVLCA
Clockwise U.S. Core Equity ETF · Avantis U.S. Large Cap Equity ETF
Expense ratio
0.96% · 0.15%
Category
DYNFAvsDFAUA
iShares U.S. Equity Factor Rotation Active ETF · Dimensional US Core Equity Market ETF
Expense ratio
0.26% · 0.12%
Category
TIMEDvsDFAUA
Clockwise U.S. Core Equity ETF · Dimensional US Core Equity Market ETF
Expense ratio
0.96% · 0.12%
Category
DYNFAvsDFACA
iShares U.S. Equity Factor Rotation Active ETF · Dimensional US Core Equity 2 ETF
Expense ratio
0.26% · 0.17%
Category
TIMEDvsDFACA
Clockwise U.S. Core Equity ETF · Dimensional US Core Equity 2 ETF
Expense ratio
0.96% · 0.17%
Category

DYNF vs TIME

In short

Stated mandate

Why people hold it

Worth knowing

How DYNF and TIME differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DYNF

Only in TIME

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

BlackRock files two Form 497Ks for iShares DYNF

How DYNF and TIME differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DYNF

Only in TIME

Weight gaps