IWL vs. TIME ETF Comparison

Comparison of iShares Russell Top 200 ETF (IWL) to Clockwise Capital Innovation ETF (TIME)

IWL

iShares Russell Top 200 ETF

IWL Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200Â® Index (the "underlying index"), which is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$140.37

Average Daily Volume

60,395

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

TIME

Clockwise Capital Innovation ETF

TIME Description

TIME actively invests in US companies that the adviser believes are best positioned to benefit from opportunities relating to 5G and cloud-based industries. The fund hold stocks from various industries, such as AI, cryptocurrency and digital payments, smart vehicles, preventative health, and remote surgery amongst others. Top-down analysis and a bottom-up approach are combined to determine stock selection. Companies meeting minimum financial thresholds based on fundamental factors are taken into consideration. From these, the adviser selects 10 - 20 stocks that they believe have a minimum 100% return target threshold over a 5-year investment period. The selected stocks are weighted using a 5% 20% conviction driven weighting. The fund may also employ a covered call strategy with respect to securities held in the portfolio. Prior to April 1, 2022, the fund traded under the ticker CWC. Before August 16, 2023, the fund traded under the name Clockwise Capital Innovation ETF.

Grade (RS Rating)

Last Trade

$27.57

Average Daily Volume

7,368

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IWL	TIME
30 Days	4.60%	6.35%
60 Days	11.48%	13.60%
90 Days	2.53%	-0.54%
12 Months	38.05%	52.43%

20 Overlapping Holdings

Symbol	Grade	Weight in IWL	Weight in TIME	Overlap
AMT	D	0.27%	1.53%	0.27%
AMZN	C	4.22%	4.16%	4.16%
AVGO	B	1.87%	3.43%	1.87%
DELL	C	0.08%	2.97%	0.08%
ECL	C	0.16%	3.07%	0.16%
GEV	A	0.17%	2.07%	0.17%
GOOGL	B	2.41%	4.03%	2.41%
JPM	C	1.46%	1.03%	1.03%
META	A	3.1%	4.08%	3.1%
MSFT	D	7.68%	3.99%	3.99%
MU	D	0.27%	3.28%	0.27%
NEM	C	0.15%	2.95%	0.15%
NFLX	A	0.74%	4.21%	0.74%
NOW	B	0.44%	3.1%	0.44%
NVDA	B	6.72%	5.3%	5.3%
PG	D	1.0%	3.96%	1.0%
SNPS	F	0.19%	1.05%	0.19%
SPOT	C	0.14%	5.11%	0.14%
UBER	C	0.37%	3.52%	0.37%
VZ	C	0.47%	4.02%	0.47%

IWL Overweight 178 Positions Relative to TIME

Symbol	Grade	Weight
AAPL	C	8.08%
BRK.A	B	2.06%
GOOG	B	2.04%
TSLA	C	1.76%
LLY	D	1.74%
UNH	B	1.32%
XOM	A	1.32%
V	B	1.07%
MA	A	1.01%
HD	A	1.0%
COST	C	0.96%
JNJ	D	0.96%
WMT	A	0.87%
ABBV	C	0.86%
MRK	F	0.71%
KO	C	0.68%
BAC	B	0.65%
ORCL	A	0.64%
AMD	C	0.63%
CVX	B	0.63%
CRM	B	0.62%
PEP	F	0.58%
TMO	D	0.57%
LIN	C	0.56%
ADBE	F	0.55%
MCD	A	0.54%
ACN	B	0.54%
CSCO	A	0.53%
GE	B	0.5%
IBM	A	0.49%
WFC	B	0.48%
ABT	C	0.48%
CAT	A	0.47%
PM	D	0.46%
TXN	C	0.45%
QCOM	D	0.45%
DHR	D	0.44%
NEE	C	0.43%
ISRG	C	0.42%
AMGN	D	0.42%
DIS	D	0.42%
RTX	A	0.41%
INTU	F	0.41%
PFE	D	0.4%
AMAT	C	0.4%
T	B	0.39%
CMCSA	B	0.39%
SPGI	C	0.39%
GS	B	0.38%
LOW	C	0.38%
UNP	F	0.37%
AXP	A	0.37%
PGR	B	0.36%
BLK	A	0.34%
BKNG	B	0.34%
HON	C	0.33%
SYK	C	0.32%
LMT	A	0.32%
ETN	B	0.32%
TJX	D	0.32%
COP	D	0.31%
MS	A	0.3%
VRTX	D	0.3%
BSX	A	0.3%
CB	A	0.29%
C	B	0.29%
ELV	F	0.29%
PLD	D	0.28%
ADP	A	0.28%
MDT	C	0.28%
REGN	D	0.27%
MMC	D	0.27%
SBUX	B	0.27%
ADI	B	0.27%
LRCX	D	0.26%
GILD	A	0.26%
DE	C	0.26%
BX	C	0.26%
NKE	D	0.26%
BMY	A	0.26%
PANW	B	0.25%
KLAC	B	0.25%
FI	A	0.25%
INTC	D	0.24%
UPS	D	0.24%
CI	D	0.24%
MDLZ	D	0.24%
ANET	A	0.24%
TMUS	A	0.24%
SO	A	0.24%
ICE	A	0.23%
SCHW	D	0.23%
ZTS	C	0.22%
SHW	C	0.22%
BA	F	0.22%
DUK	C	0.22%
CEG	A	0.21%
EQIX	C	0.21%
KKR	A	0.21%
TT	A	0.21%
MO	D	0.21%
PYPL	A	0.2%
PH	A	0.2%
CME	A	0.2%
GD	C	0.2%
WM	B	0.2%
CL	D	0.2%
APH	D	0.19%
MMM	C	0.19%
HCA	C	0.19%
WELL	C	0.19%
ITW	C	0.19%
CVS	D	0.19%
TDG	A	0.19%
CMG	C	0.19%
CDNS	D	0.18%
PNC	C	0.18%
FCX	B	0.18%
EOG	B	0.18%
MSI	A	0.18%
MCO	D	0.18%
NOC	B	0.18%
CSX	D	0.17%
ORLY	A	0.17%
AON	A	0.17%
APO	A	0.17%
USB	C	0.17%
BDX	C	0.17%
TGT	C	0.17%
CTAS	C	0.17%
APD	C	0.16%
MCK	F	0.16%
CARR	A	0.16%
MRVL	C	0.15%
FDX	F	0.15%
SLB	D	0.15%
EMR	B	0.15%
CRWD	D	0.15%
CRH	C	0.15%
COF	A	0.14%
TFC	D	0.14%
PSX	D	0.14%
NSC	C	0.14%
MAR	A	0.14%
PSA	C	0.14%
ADSK	B	0.14%
MPC	D	0.14%
ROP	D	0.14%
JCI	C	0.13%
SRE	C	0.13%
TRV	B	0.13%
AEP	C	0.13%
AZO	D	0.13%
ABNB	D	0.13%
AIG	C	0.12%
KMB	D	0.12%
MET	A	0.12%
FTNT	A	0.12%
D	A	0.12%
DASH	A	0.12%
PCAR	D	0.12%
GM	D	0.12%
WDAY	D	0.12%
VLO	F	0.11%
CPRT	B	0.11%
EW	F	0.1%
KDP	C	0.1%
STZ	D	0.1%
RSG	D	0.1%
F	D	0.1%
SNOW	F	0.09%
OXY	D	0.09%
MNST	D	0.09%
KHC	F	0.08%
LULU	D	0.08%
TEAM	D	0.06%
MRNA	F	0.05%
EL	D	0.05%

IWL Underweight 12 Positions Relative to TIME

Symbol	Grade	Weight
BIL	B	-6.57%
HOOD	B	-4.8%
SMCI	F	-3.37%
RKT	D	-2.93%
UPST	C	-2.51%
QID	F	-2.51%
NU	D	-1.97%
PLTR	A	-1.97%
NVT	C	-1.97%
SDS	F	-1.96%
RCL	B	-1.91%
HUBS	D	-0.5%