IXP vs. TIME ETF Comparison

Comparison of iShares Global Telecom ETF (IXP) to Clockwise Capital Innovation ETF (TIME)
IXP

iShares Global Telecom ETF

IXP Description

The investment seeks to track the investment results of an index composed of global equities in the telecommunications sector. 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 S&P Global 1200 Telecommunications Sector IndexTM, which measures the performance of companies that S&P Dow Jones Indices LLC ("S&P"), deems to be part of the telecommunications sector of the economy and that S&P believes are important to global markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$95.72

Average Daily Volume

13,507

Number of Holdings *

24

* 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

$30.73

Average Daily Volume

13,742

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period IXP TIME
30 Days 2.64% 8.99%
60 Days 2.14% 10.98%
90 Days 6.66% 15.01%
12 Months 31.58% 56.74%
4 Overlapping Holdings
Symbol Grade Weight in IXP Weight in TIME Overlap
GOOGL C 12.94% 4.03% 4.03%
META D 22.4% 4.08% 4.08%
NFLX B 5.0% 4.21% 4.21%
VZ B 3.94% 4.02% 3.94%
IXP Overweight 20 Positions Relative to TIME
Symbol Grade Weight
GOOG C 10.69%
DIS B 4.88%
CMCSA C 3.88%
T A 3.8%
TMUS A 2.7%
EA C 0.91%
CHTR C 0.88%
TTWO B 0.68%
BIDU F 0.56%
WBD C 0.48%
LYV A 0.47%
OMC C 0.44%
CHT C 0.34%
NWSA B 0.25%
IPG C 0.24%
FOXA C 0.24%
MTCH F 0.19%
PARA C 0.15%
FOX B 0.13%
NWS B 0.08%
IXP Underweight 28 Positions Relative to TIME
Symbol Grade Weight
BIL A -6.57%
NVDA C -5.3%
SPOT B -5.11%
HOOD B -4.8%
AMZN C -4.16%
MSFT D -3.99%
PG A -3.96%
UBER D -3.52%
AVGO D -3.43%
SMCI D -3.37%
MU D -3.28%
NOW B -3.1%
ECL D -3.07%
DELL C -2.97%
NEM F -2.95%
RKT F -2.93%
UPST B -2.51%
QID F -2.51%
GEV C -2.07%
NU D -1.97%
PLTR B -1.97%
NVT B -1.97%
SDS F -1.96%
RCL B -1.91%
AMT D -1.53%
SNPS B -1.05%
JPM B -1.03%
HUBS B -0.5%
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