Clockwise Core Competition

TIME Etf

USD 23.76 -0.17 -0.71%

Clockwise Core Equity is often compared with Formidable ETF, Listed Funds, Innovator ETFs, EA Series, and AIM ETF and additional peers. The list provides context for competitive positioning. Relative analysis here helps size exposure to Clockwise Core with less guesswork.

Correlation: Clockwise Core vs Innovator ETFs Details

Very good diversification

The correlation between TIME and JULH is -0.27, which Macroaxis classifies as Very good diversification for the selected horizon. Used correctly, the chart helps investors judge whether adding the second position genuinely diversifies the first.

Moving together with Clockwise Etf

0.84	VUG	Vanguard Growth Index	Pair Corr
0.82	IWF	iShares Russell 1000	Pair Corr
0.9	IVW	iShares SAMPP 500	Pair Corr
0.9	SPYG	SPDR Portfolio SAMPP	Pair Corr
0.9	IUSG	iShares Core SAMPP	Pair Corr

Moving against Clockwise Etf

0.68	BWET	ETF Managers Group	Pair Corr
0.46	KORU	Direxion Daily South	Pair Corr

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While mean reversion in Clockwise Core is a statistically observable tendency, it operates on uncertain timelines. Positions sized too aggressively against the trend can suffer sustained losses before reversion occurs.

Hype

Prediction

Low	Estimated	High
22.90	23.76	24.62

Details

Intrinsic

Valuation

Low	Real	High
23.14	24.00	24.86

Details

Naive

Forecast

Low	Next	High
22.71	23.58	24.44

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
23.69	24.09	24.50

Details

To derive maximum value from Clockwise Core analysis, compare Clockwise Core's metrics against peers. This cross-sectional approach separates idiosyncratic performance from sector-level trends.

Clockwise Core Competition Correlation Matrix

Correlation analysis between Clockwise Core Equity and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	FORH	NOVZ	XTJA	STXM	MAYT	GDOC	TGLR	STXI	KONG	JULH
FORH		0.42	0.38	0.66	0.59	-0.18	0.58	0.63	0.33	0.56	FORH
NOVZ	0.42		0.6	0.34	0.3	0.4	0.34	0.31	0.39	0.23	NOVZ
XTJA	0.38	0.6		0.61	0.6	0.36	0.6	0.59	0.64	0.52	XTJA
STXM	0.66	0.34	0.61		0.88	-0.28	0.96	0.94	0.34	0.85	STXM
MAYT	0.59	0.3	0.6	0.88		-0.37	0.86	0.89	0.46	0.99	MAYT
GDOC	-0.18	0.4	0.36	-0.28	-0.37		-0.35	-0.34	0.36	-0.45	GDOC
TGLR	0.58	0.34	0.6	0.96	0.86	-0.35		0.93	0.25	0.83	TGLR
STXI	0.63	0.31	0.59	0.94	0.89	-0.34	0.93		0.22	0.87	STXI
KONG	0.33	0.39	0.64	0.34	0.46	0.36	0.25	0.22		0.4	KONG
JULH	0.56	0.23	0.52	0.85	0.99	-0.45	0.83	0.87	0.4		JULH
	FORH	NOVZ	XTJA	STXM	MAYT	GDOC	TGLR	STXI	KONG	JULH

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High positive correlations

JULH	+ 0.99	MAYT
TGLR	+ 0.96	STXM
STXI	+ 0.94	STXM
STXI	+ 0.93	TGLR
STXI	+ 0.89	MAYT
MAYT	+ 0.88	STXM

High negative correlations

JULH	- 0.45	GDOC
GDOC	- 0.37	MAYT
TGLR	- 0.35	GDOC
STXI	- 0.34	GDOC
GDOC	- 0.28	STXM
GDOC	- 0.18	FORH

Clockwise Core Constituents Risk-Adjusted Indicators

There is a big difference between Clockwise Etf performing well and Clockwise Core ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Clockwise Core's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FORH	0.72	0.01	0.07	-0.08	0.89	-0.80	1.36	-1.67	5.00
NOVZ	0.46	-0.03	0.00	0.15	0.00	0.00	0.66	-1.00	3.33
XTJA	0.36	-0.01	0.00	-0.06	0.00	0.00	0.73	-1.20	2.84
STXM	0.76	0.07	0.06	0.02	1.01	-0.77	1.51	-1.90	5.51
MAYT	0.17	0.02	0.20	0.02	0.19	-0.19	0.35	-0.38	1.24
GDOC	0.74	-0.13	0.00	-0.29	0.00	0.00	1.52	-1.63	5.24
TGLR	0.62	0.04	0.06	0.00	0.83	-0.61	1.05	-1.33	3.93
STXI	0.70	0.08	0.08	0.05	1.06	-0.66	1.28	-1.85	5.37
KONG	0.54	0.01	0.00	-0.03	0.00	0.00	1.08	-1.48	3.47
JULH	0.09	0.01	0.35	0.02	0.04	-0.11	0.16	-0.20	0.68

Clockwise Core Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	TIME	FORH	NOVZ	XTJA	STXM	MAYT	GDOC	TGLR	STXI	KONG
	0.71 23.76 Clockwise	1.62 25.16 Formidable	0.18 43.54 Listed	1.34 31.00 Innovator	2.04 29.23 STXM	0.43 37.02 AIM	2.54 32.59 Goldman	1.72 36.66 LAFFERTENGLER	1.93 31.52 STXI	1.50 30.30 Formidable
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Soft	Weak	Weak	Soft	Mild	Weak	Soft	Mild	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Small	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Sell	Sell	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Strong Hold	Buy	Strong Hold
Price To Sales	0.64	N/A	0.73	N/A	N/A	N/A	N/A	N/A	N/A	2.28
Equity Positions Weight	85.41	100.0	-14.77	230.5	N/A	N/A	100.0	N/A	N/A	100.0
Three Year Return	27.1	3.0	16.1	15.7	N/A	N/A	4.2	N/A	N/A	9.3
Net Asset	4.28 M	26.65 M	10.49 M	5.05 M	N/A	N/A	96.61 M	N/A	N/A	22.98 M
Price To Book	1.34	N/A	15.5	N/A	N/A	N/A	N/A	N/A	N/A	1.18
Five Year Return	N/A	N/A	10.7	N/A	N/A	N/A	N/A	N/A	N/A	N/A
One Year Return	14.7	21.2	15.9	17.2	23.9	14.1	5.1	31.3	25.7	6.8
Last Dividend Paid	0.16	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Earning	-9.19	N/A	-11.11	N/A	N/A	N/A	N/A	N/A	N/A	19.58
Beta	1.36	0.82	-87.41	0.5	N/A	N/A	1.0	N/A	N/A	0.66
Day Typical Price	23.76	25.16	43.52	31.04	29.31	37.02	32.59	36.74	31.52	30.3
Accumulation Distribution	N/A	N/A	0.0016	1.18	95.56	N/A	N/A	35.34	N/A	N/A
Market Facilitation Index	N/A	N/A	0.07	4.0E-4	0.0	N/A	N/A	0.0	N/A	N/A
Daily Balance Of Power	0	9.2 T	-1.14	-3.50	-2.54	0	0	-2.67	0	0
Period Momentum Indicator	-0.17	0.4	-0.08	-0.42	-0.61	-0.16	-0.85	-0.64	-0.62	-0.46
Rate Of Daily Change	0.99	1.02	1.0	0.99	0.98	1.0	0.97	0.98	0.98	0.99
Day Median Price	23.76	25.16	43.51	31.06	29.35	37.02	32.59	36.78	31.52	30.3
Price Action Indicator	-0.09	0.2	-0.01	-0.27	-0.42	-0.08	-0.42	-0.44	-0.31	-0.23
Relative Strength Index	42.85	50.81	46.04	40.38	41.81	47.79	35.54	42.97	42.71	44.38
Coefficient Of Variation	-1,632	3319.04	-6,080	-2,499	3179.82	1605.01	-666.11	6996.63	1765.76	-8,595
Mean Deviation	0.6588	0.7242	0.4585	0.3564	0.7583	0.1672	0.7388	0.6178	0.7012	0.5418
Jensen Alpha	-0.04	0.0073	-0.03	-0.01	0.0717	0.0152	-0.13	0.0411	0.082	0.0148
Total Risk Alpha	-0.01	0.0735	0.0171	7.0E-4	0.0821	0.0179	-0.1	0.0495	0.0996	0.0249
Sortino Ratio	N/A	0.0702	N/A	N/A	0.0645	0.2003	N/A	0.0571	0.0794	N/A
Downside Variance	N/A	0.8761	N/A	N/A	1.16	0.0674	N/A	0.7428	1.31	N/A
Standard Deviation	0.8593	0.926	0.6219	0.5345	1.01	0.2285	0.9725	0.801	0.9399	0.7214
Kurtosis	0.8643	0.4126	1.83	2.01	0.7945	1.15	0.8698	0.688	1.49	0.366
Potential Upside	1.06	1.36	0.6635	0.7276	1.51	0.3496	1.52	1.05	1.28	1.08
Treynor Ratio	-0.13	-0.08	0.152	-0.06	0.0207	0.0185	-0.29	0.0017	0.0532	-0.03
Maximum Drawdown	3.76	5.0	3.33	2.84	5.51	1.24	5.24	3.93	5.37	3.47
Variance	0.7384	0.8574	0.3868	0.2857	1.01	0.0522	0.9459	0.6416	0.8835	0.5204
Market Risk Adjusted Performance	-0.12	-0.07	0.162	-0.05	0.0307	0.0285	-0.28	0.0117	0.0632	-0.02
Risk Adjusted Performance	-0.05	0.0254	-0.02	-0.04	0.0271	0.0248	-0.12	0.0114	0.0466	-0.01
Skewness	-0.97	-0.18	0.3253	-0.44	0.004	-0.33	0.1816	-0.01	-0.83	-0.37
Semi Deviation	N/A	0.8921	N/A	N/A	1.01	0.1908	N/A	0.8265	1.06	N/A
Information Ratio	-0.02	0.0709	0.0443	0.0306	0.069	0.2276	-0.11	0.0614	0.0968	0.0407
Value At Risk	-1.60	-1.67	-1.00	-1.20	-1.90	-0.38	-1.63	-1.33	-1.85	-1.48
Expected Short fall	N/A	-0.80	N/A	N/A	-0.77	-0.19	N/A	-0.61	-0.66	N/A
Downside Deviation	N/A	0.936	N/A	N/A	1.08	0.2596	N/A	0.8619	1.15	N/A
Semi Variance	N/A	0.7959	N/A	N/A	1.01	0.0364	N/A	0.6831	1.12	N/A

Peer Performance Charts

How to Analyze Clockwise Core Against Peers

Clockwise Core's peer analysis compares Clockwise Core with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Clockwise Core trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Clockwise Core leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

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Clockwise Core Competition

Correlation: Clockwise Core vs Innovator ETFs Details

Very good diversification

Moving together with Clockwise Etf

Moving against Clockwise Etf

Specify up to 10 symbols:

Clockwise Core Competition Correlation Matrix

High positive correlations

High negative correlations

Clockwise Core Constituents Risk-Adjusted Indicators

Clockwise Core Competitive Analysis

Peer Performance Charts

How to Analyze Clockwise Core Against Peers

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