TIME vs. XNTK ETF Comparison
Comparison of Clockwise Capital Innovation ETF (TIME) to SPDR NYSE Technology ETF (XNTK)
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
$30.67
Average Daily Volume
13,771
32
XNTK
SPDR NYSE Technology ETF
XNTK Description
SPDR Morgan Stanley Technology ETF (the Fund) seeks to closely match the returns and characteristics of the Morgan Stanley Technology Index. The Morgan Stanley Technology Index is composed purely of electronics-based technology companies. The Technology Index comprises companies drawn from the following technology sub-sectors: computer services; design software; server software, personal computer (PC) software and new media; networking and telecom equipment; server hardware, PC hardware and peripherals; specialized systems, and semiconductors. The Fund's investment advisor is SSgA Funds Management, Inc.Grade (RS Rating)
Last Trade
$204.96
Average Daily Volume
7,143
35
Performance
| Period | TIME | XNTK |
|---|---|---|
| 30 Days | 9.43% | 3.85% |
| 60 Days | 11.89% | 6.26% |
| 90 Days | 14.07% | 7.25% |
| 12 Months | 56.34% | 34.63% |
10 Overlapping Holdings
TIME Overweight 22 Positions Relative to XNTK
TIME Underweight 25 Positions Relative to XNTK
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSM | B | -4.07% | |
| ORCL | B | -3.56% | |
| BKNG | A | -3.28% | |
| SHOP | B | -3.26% | |
| CRM | B | -2.87% | |
| PANW | C | -2.86% | |
| TXN | C | -2.84% | |
| IBM | C | -2.8% | |
| TSLA | B | -2.77% | |
| BABA | D | -2.75% | |
| AMAT | F | -2.73% | |
| QCOM | F | -2.67% | |
| INTU | C | -2.65% | |
| CSCO | B | -2.6% | |
| MELI | D | -2.58% | |
| AAPL | C | -2.53% | |
| ADI | D | -2.48% | |
| AMD | F | -2.33% | |
| LRCX | F | -2.31% | |
| ASML | F | -2.16% | |
| ABNB | C | -2.07% | |
| ADBE | C | -1.88% | |
| PDD | F | -1.75% | |
| SNOW | C | -1.47% | |
| INTC | D | -1.27% |
TIME: Top Represented Industries & Keywords
XNTK: Top Represented Industries & Keywords
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