SPHB vs. TIME ETF Comparison

Comparison of PowerShares S&P 500 High Beta Portfolio (SPHB) to Clockwise Capital Innovation ETF (TIME)

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$84.07

Average Daily Volume

376,244

Number of Holdings ^*

* 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

$27.16

Average Daily Volume

8,518

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPHB	TIME
30 Days	0.91%	3.20%
60 Days	2.51%	8.84%
90 Days	-1.94%	5.82%
12 Months	10.72%	44.71%

10 Overlapping Holdings

Symbol	Grade	Weight in SPHB	Weight in TIME	Overlap
AMZN	A	0.96%	4.16%	0.96%
AVGO	B	1.51%	3.43%	1.51%
META	B	1.14%	4.08%	1.14%
MU	B	1.12%	3.28%	1.12%
NOW	B	1.03%	3.1%	1.03%
NVDA	B	2.01%	5.3%	2.01%
RCL	B	0.93%	1.91%	0.93%
SMCI	C	2.18%	3.37%	2.18%
SNPS	B	1.06%	1.05%	1.05%
UBER	B	1.03%	3.52%	1.03%

SPHB Overweight 88 Positions Relative to TIME

Symbol	Grade	Weight
MPWR	B	1.62%
AMD	C	1.54%
TER	B	1.54%
CCL	B	1.47%
CZR	C	1.45%
ANET	A	1.37%
ENPH	F	1.35%
FSLR	C	1.31%
TSLA	B	1.3%
KLAC	B	1.29%
LRCX	B	1.28%
AMAT	B	1.24%
URI	C	1.16%
ADBE	B	1.15%
NCLH	B	1.14%
GNRC	D	1.13%
ON	D	1.13%
BX	B	1.11%
MCHP	C	1.1%
QRVO	B	1.1%
SWKS	B	1.1%
NXPI	B	1.1%
CDNS	B	1.08%
BLDR	F	1.07%
ALGN	F	1.06%
QCOM	B	1.06%
BXP	B	1.05%
ADSK	B	1.04%
ABNB	C	1.03%
MGM	B	1.03%
ORCL	A	1.02%
ZBRA	C	1.02%
EXPE	C	1.02%
CFG	C	1.0%
ADI	B	0.99%
WBD	F	0.98%
TROW	B	0.98%
WDC	B	0.97%
KEY	C	0.97%
TFC	C	0.97%
FCX	D	0.96%
ALB	F	0.96%
PYPL	F	0.96%
JBL	F	0.95%
EFX	B	0.95%
INTU	B	0.94%
KMX	C	0.94%
PWR	C	0.93%
IVZ	D	0.92%
ISRG	B	0.92%
ETSY	F	0.91%
IDXX	D	0.91%
GOOG	A	0.89%
USB	C	0.89%
MHK	D	0.88%
PANW	B	0.88%
PHM	D	0.87%
ROK	D	0.86%
DLR	A	0.86%
TXN	B	0.86%
LEN	D	0.85%
F	C	0.85%
ARE	C	0.85%
BEN	F	0.85%
RF	B	0.85%
CARR	C	0.84%
DAY	F	0.84%
INTC	F	0.84%
ANSS	D	0.84%
FTNT	D	0.84%
SWK	F	0.82%
AES	D	0.82%
CAT	C	0.81%
APTV	F	0.81%
DHI	D	0.81%
FITB	C	0.8%
IQV	D	0.79%
CRL	F	0.79%
EL	F	0.78%
PARA	D	0.78%
LULU	F	0.76%
HBAN	C	0.76%
PH	D	0.75%
PAYC	F	0.73%
CRM	D	0.73%
CE	F	0.72%
AAL	F	0.69%
EPAM	D	0.68%

SPHB Underweight 22 Positions Relative to TIME

Symbol	Grade	Weight
BIL	A	-6.57%
SPOT	B	-5.11%
HOOD	B	-4.8%
NFLX	B	-4.21%
GOOGL	A	-4.03%
VZ	A	-4.02%
MSFT	A	-3.99%
PG	C	-3.96%
ECL	B	-3.07%
DELL	B	-2.97%
NEM	B	-2.95%
RKT	C	-2.93%
UPST	F	-2.51%
QID	F	-2.51%
GEV	B	-2.07%
NU	B	-1.97%
PLTR	B	-1.97%
NVT	D	-1.97%
SDS	F	-1.96%
AMT	B	-1.53%
JPM	A	-1.03%
HUBS	C	-0.5%