TIME vs. RND ETF Comparison
Comparison of Clockwise Capital Innovation ETF (TIME) to First Trust Bloomberg R&D Leaders ETF (RND)
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
$29.45
Average Daily Volume
11,899
32
RND
First Trust Bloomberg R&D Leaders ETF
RND Description
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider, the index is designed to track the performance of companies that seek to return implicit value to shareholders by reinvesting in their own growth. The fund is non-diversified.Grade (RS Rating)
Last Trade
$23.84
Average Daily Volume
1,031
49
Performance
| Period | TIME | RND |
|---|---|---|
| 30 Days | 3.33% | 1.81% |
| 60 Days | 9.93% | 5.23% |
| 90 Days | 11.42% | 6.53% |
| 12 Months | 52.77% |
11 Overlapping Holdings
| Symbol | Grade | Weight in TIME | Weight in RND | Overlap | |
|---|---|---|---|---|---|
| AMZN | B | 4.16% | 8.5% | 4.16% | |
| AVGO | C | 3.43% | 4.02% | 3.43% | |
| GOOGL | B | 4.03% | 8.22% | 4.03% | |
| META | C | 4.08% | 3.9% | 3.9% | |
| MSFT | D | 3.99% | 7.46% | 3.99% | |
| MU | D | 3.28% | 0.52% | 0.52% | |
| NFLX | A | 4.21% | 4.25% | 4.21% | |
| NOW | B | 3.1% | 0.87% | 0.87% | |
| NVDA | B | 5.3% | 9.25% | 5.3% | |
| SNPS | C | 1.05% | 0.37% | 0.37% | |
| UBER | C | 3.52% | 2.12% | 2.12% |
TIME Overweight 21 Positions Relative to RND
TIME Underweight 38 Positions Relative to RND
| Symbol | Grade | Weight | |
|---|---|---|---|
| AAPL | C | -7.36% | |
| TSLA | B | -4.28% | |
| LLY | F | -3.41% | |
| CAT | B | -2.87% | |
| ISRG | A | -2.69% | |
| BKNG | A | -2.4% | |
| ETN | A | -2.08% | |
| VRTX | C | -1.86% | |
| BSX | B | -1.84% | |
| GILD | B | -1.76% | |
| DE | D | -1.52% | |
| BA | F | -1.35% | |
| REGN | F | -1.28% | |
| ORCL | A | -1.24% | |
| ZTS | D | -1.06% | |
| AMD | F | -1.01% | |
| ADBE | F | -0.92% | |
| CARR | D | -0.91% | |
| CSCO | B | -0.89% | |
| TTD | B | -0.85% | |
| TXN | C | -0.82% | |
| DASH | B | -0.8% | |
| INTU | A | -0.77% | |
| CMI | A | -0.69% | |
| AMAT | F | -0.67% | |
| KVUE | A | -0.64% | |
| MSCI | A | -0.63% | |
| PANW | B | -0.52% | |
| ANET | C | -0.44% | |
| LRCX | F | -0.43% | |
| MRVL | B | -0.34% | |
| CDNS | B | -0.34% | |
| MSI | A | -0.33% | |
| CRWD | B | -0.31% | |
| ADSK | B | -0.27% | |
| NXPI | F | -0.25% | |
| WDAY | B | -0.22% | |
| FTNT | A | -0.22% |
TIME: Top Represented Industries & Keywords
RND: Top Represented Industries & Keywords
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