Clockwise Core Equity & Innovation ETF (TIME) Performance
TIME total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.1% since Dec 31, 2025
- 1 year
- +11.5% total return
- 3 years
- +25.0% a year
- Since first price
- +11.2% a year since 2022
TIME trailing returns vs SPY, QQQ, AGG
| Period | TIME total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.4% | −1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +4.2% | +4.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.8% | +8.8% | +7.8% | +8.4% | −1.5% |
| YTD | +10.1% | +10.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.5% | +10.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +95.4%+25.0%/yr | +26.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionJan 28, 2022 | +65.0%+11.2%/yr | +7.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TIME vs SPY
From Jan 28, 2022: TIME grew to $16,502, SPY to $18,321.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TIME returns by calendar year
3 of 3 full years positive. Best 2023 (+58.1%), worst 2025 (+10.2%). 2026 is year to date.
TIME annual returns table
| Year | TIME | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.1% | −13.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.2% | −24.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +36.4% | −13.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +58.1% | −12.4% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TIME largest drawdowns
Now 3.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 9, 2022 | −42.2% | Nov 9, 2022 | Feb 2, 2024 | 9 months | 2.0 years |
| Feb 14, 2025 | −24.3% | Apr 8, 2025 | Oct 29, 2025 | 53 days | 8 months |
| Jul 16, 2024 | −13.3% | Aug 5, 2024 | Oct 11, 2024 | 20 days | 3 months |
| Jan 28, 2026 | −13.1% | Mar 30, 2026 | May 1, 2026 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
TIME risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +24.6% | +10.6% |
| Volatility (annualized) | 18.8% | 22.9% |
| Sharpe ratio | 1.04 | 0.39 |
| Sortino ratio | 2.04 | 0.60 |
| Best month | +13.0% | +13.7% |
| Worst month | −10.6% | −16.4% |
| Best 12 months | +54.7% | +62.4% |
| Worst 12 months | +1.7% | −32.3% |
| Positive months | 61% | 55% |
| Beta vs S&P 500 | 1.37 | — |
| Correlation with S&P 500 | 0.91 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TIME rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 46 | −32.3% | +17.3% | +62.4% | 91% |
| 3-year (a year) | 22 | +6.8% | +24.1% | +33.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
TIME performance overview
Clockwise Core Equity & Innovation ETF (TIME) returned +11.5% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +11.2% a year, turning $10,000 into about $16,502. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −42.2%, from Feb 9, 2022 to Nov 9, 2022, and it took 1.2 years to get back to the old high. TIME finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+58.1%) and the worst 2025 (+10.2%). Volatility has been 22.9% a year.
Related: TIME chart, TIME holdings, TIME dividends, TIME valuation. See the TIME overview for the latest quote and fund facts.
TIME performance FAQ
What is the TIME return over the past year?
TIME returned +11.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.6%.
How much would $10,000 invested in TIME be worth?
$10,000 invested in TIME at its first recorded close on January 28, 2022 would be worth about $16,502 on October 23, 2026 with distributions reinvested.
What was the worst year for TIME?
The worst calendar year was 2025, with a total return of +10.2%. The best was 2023 at +58.1%.
What is the biggest drawdown of TIME?
The largest peak-to-trough decline was −42.2% between February 9, 2022 and November 9, 2022. It recovered to the old high on February 2, 2024, 1.2 years after the bottom.
How volatile is TIME?
Over the past 3 years TIME had an annualized volatility of 18.8% and a Sharpe ratio of 1.04 (excess return over 1–3 month T-bills per unit of risk).