TIME

Clockwise Core Equity & Innovation ETF

$24.47
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Clockwise Core Equity & Innovation ETF (TIME) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Clockwise Innovation Index, which is designed to provide exposure to companies at the forefront of technological innovation across various sectors.

Overview

ETF tracking Clockwise Core Equity & Innovation ETF

Category Innovation
Issuer Other
Inception Date 2024-06-24
Market Cap $19.6M
Average Volume N/A
Dividend Yield 25.46%
52-Week Range $20.94 - $30.92
VWAP $24.40

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Clockwise Core Equity & Innovation ETF (TIME) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Clockwise Innovation Index, which is designed to provide exposure to companies at the forefront of technological innovation across various sectors.

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities of companies that are involved in innovative and disruptive technologies, such as artificial intelligence, robotics, cloud computing, e-commerce, and renewable energy. The fund's holdings are selected and weighted based on factors like revenue growth, market share, and research and development spending.

✨ Key Features

  • Provides exposure to a diversified portfolio of innovative companies across multiple sectors
  • Utilizes a rules-based index methodology to identify and weight companies with strong growth potential
  • Low expense ratio of 0.00% makes it a cost-effective way to gain exposure to the innovation theme
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific theme of innovation
  • Volatility risk as innovative and disruptive companies may experience significant price swings
  • Lack of long-term performance history to evaluate the fund's ability to meet its investment objective
  • Liquidity risk due to the fund's small asset size and potentially limited trading volume

👤 Best For

The Clockwise Core Equity & Innovation ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to companies at the forefront of technological innovation. This fund may be appropriate as a satellite holding within a diversified portfolio, rather than as a core investment.