MTUM vs. TIME ETF Comparison

Comparison of iShares MSCI USA Momentum Factor ETF (MTUM) to Clockwise Capital Innovation ETF (TIME)

MTUM

iShares MSCI USA Momentum Factor ETF

MTUM Description

The investment seeks to track the performance of an index that measures the performance of U.S. large- and mid-capitalization stocks exhibiting relatively higher momentum characteristics, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Momentum Index (the "underlying index") consists of stocks exhibiting relatively higher momentum characteristics than the traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks.

Grade (RS Rating)

Last Trade

$214.17

Average Daily Volume

840,198

Number of Holdings ^*

124

* 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

$30.84

Average Daily Volume

13,771

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MTUM	TIME
30 Days	3.53%	9.43%
60 Days	6.25%	11.89%
90 Days	8.85%	14.07%
12 Months	43.02%	56.34%

7 Overlapping Holdings

Symbol	Grade	Weight in MTUM	Weight in TIME	Overlap
AVGO	D	4.72%	3.43%	3.43%
DELL	C	0.49%	2.97%	0.49%
HOOD	B	0.15%	4.8%	0.15%
JPM	A	5.48%	1.03%	1.03%
NEM	D	0.79%	2.95%	0.79%
NVDA	C	5.34%	5.3%	5.3%
PLTR	B	1.02%	1.97%	1.02%

MTUM Overweight 117 Positions Relative to TIME

Symbol	Grade	Weight
WMT	A	4.93%
LLY	F	3.82%
COST	B	3.63%
GE	D	2.96%
PM	B	2.93%
KO	D	2.71%
NEE	D	2.24%
RTX	C	2.19%
GS	A	2.0%
PGR	A	1.88%
TXN	C	1.86%
ISRG	A	1.54%
AXP	A	1.53%
LMT	D	1.37%
KKR	A	1.3%
BSX	B	1.25%
MMM	D	1.21%
MO	A	1.19%
ANET	C	1.17%
SO	D	1.15%
TT	A	1.13%
CEG	D	1.12%
TJX	A	1.09%
C	A	1.08%
MSI	B	1.0%
APH	A	0.97%
VRTX	F	0.95%
CTAS	B	0.91%
FI	A	0.9%
CB	C	0.9%
MSTR	C	0.89%
DUK	C	0.88%
WELL	A	0.84%
VST	B	0.82%
KLAC	D	0.8%
CL	D	0.79%
AFL	B	0.78%
APP	B	0.74%
HWM	A	0.73%
ICE	C	0.72%
TDG	D	0.7%
MCO	B	0.7%
VRT	B	0.63%
WMB	A	0.63%
TRGP	B	0.61%
FICO	B	0.6%
AJG	B	0.59%
PEG	A	0.5%
BK	A	0.48%
IRM	D	0.48%
HIG	B	0.46%
PWR	A	0.43%
GRMN	B	0.42%
ALL	A	0.41%
AEP	D	0.4%
EME	C	0.38%
DFS	B	0.38%
DHI	D	0.37%
RSG	A	0.36%
ACGL	D	0.35%
CBRE	B	0.34%
GDDY	A	0.34%
TPL	A	0.33%
WAB	B	0.33%
AXON	A	0.32%
VTR	C	0.31%
NTAP	C	0.31%
VLTO	D	0.31%
PHM	D	0.31%
ALNY	D	0.3%
KDP	D	0.3%
AVB	B	0.29%
RMD	C	0.29%
K	A	0.29%
NDAQ	A	0.28%
LEN	D	0.28%
NRG	B	0.27%
BRO	B	0.27%
EIX	B	0.26%
EBAY	D	0.25%
FITB	A	0.25%
LDOS	C	0.24%
MPWR	F	0.24%
LII	A	0.24%
TYL	B	0.23%
CSL	C	0.23%
NVR	D	0.23%
SW	A	0.22%
SYF	B	0.22%
DOV	A	0.22%
EQR	B	0.17%
PKG	A	0.16%
IFF	D	0.16%
HEI	B	0.16%
ESS	B	0.15%
IP	B	0.15%
UTHR	C	0.15%
ERIE	D	0.13%
HEI	B	0.12%
MAA	B	0.12%
UHS	D	0.11%
CFG	B	0.11%
DKS	C	0.1%
DGX	A	0.09%
NI	A	0.09%
FNF	B	0.08%
AMCR	D	0.08%
DOC	D	0.08%
FOXA	B	0.07%
CPT	B	0.07%
FOX	A	0.07%
DVA	B	0.07%
CHRW	C	0.06%
ALLY	C	0.06%
UDR	B	0.05%
LNT	A	0.05%
EQH	B	0.03%

MTUM Underweight 25 Positions Relative to TIME

Symbol	Grade	Weight
BIL	A	-6.57%
SPOT	B	-5.11%
NFLX	A	-4.21%
AMZN	C	-4.16%
META	D	-4.08%
GOOGL	C	-4.03%
VZ	C	-4.02%
MSFT	F	-3.99%
PG	A	-3.96%
UBER	D	-3.52%
SMCI	F	-3.37%
MU	D	-3.28%
NOW	A	-3.1%
ECL	D	-3.07%
RKT	F	-2.93%
UPST	B	-2.51%
QID	F	-2.51%
GEV	B	-2.07%
NU	C	-1.97%
NVT	B	-1.97%
SDS	F	-1.96%
RCL	A	-1.91%
AMT	D	-1.53%
SNPS	B	-1.05%
HUBS	A	-0.5%