TIME vs VOO
Clockwise US Core Equity ETF vs Vanguard S&P 500 ETF
Which is better, TIME or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 48.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TIME | VOO |
|---|---|---|
| Expense Ratio | 0.96% | 0.03%Best |
| AUM | $15M | $997.4B |
| Dividend Yield | 9.41% | 1.04% |
| Holdings | 43 | 509 |
| YTD Return | +10.13% | +12.37%Best |
| 1Y Return | +13.11% | +16.61%Best |
| 3Y Return (annualized) | +17.17% | +21.37%Best |
| 5Y Return (annualized) | - | +13.49% |
| Volatility (annualized) | 24.4% | 15.6%Best |
| Max Drawdown | -42.2% | -22.1%Best |
| $10,000 over 4.6 years | $14,345 | $18,323Best |
| Top 10 Weight | 48.6% | 37.6%Best |
| Fund Family | Clockwise Capital | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 27, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Jan 28, 2022 to Sep 18, 2026 (4.6 years).
TIME vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.6 years both funds cover.
TIME vs VOO Performance
Clockwise US Core Equity ETF (TIME) is an ETF from Clockwise Capital and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year TIME returned +13.11% while VOO returned +16.61%. Year to date, TIME is up 10.13% versus a gain of 12.37% for VOO.
Over three years, TIME compounded at +17.17% per year against +21.37% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TIME has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 15.6% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -42.2% for TIME and -22.1% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
TIME charges 0.96% per year while VOO charges 0.03%. On a $10,000 position that is $96 vs $3 annually, a gap of $93 per year that compounds over a long holding period. On income, TIME currently yields 9.41% against 1.04% for VOO.
Holdings Overlap
70.6% of TIME's money is in holdings VOO also owns. 43.0% of VOO's money is in holdings TIME also owns.
Most of TIME is already inside VOO. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 43 positions we hold weights for in TIME and 494 in VOO, against full books of 43 and 509.
What only one of them owns
Our book lists 458 positions for VOO that do not appear in our book for TIME (56.1% of the fund), and 12 for TIME that do not appear in VOO (27.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in TIME | Weight in VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.43% | 7.05% | 3.38% |
| NVDANvidia Corp | 7.22% | 7.55% | 0.33% |
| MSFTMicrosoft Corp | 5.10% | 5.36% | 0.26% |
| GOOGLAlphabet Inc,class A | 4.07% | 3.24% | 0.83% |
| AMZNAmazon.Com Inc | 2.96% | 4.13% | 1.17% |
| AVGOBroadcom Inc | 3.81% | 2.86% | 0.95% |
| INTCIntel Corporation | 3.85% | 0.66% | 3.19% |
| AMDAdvanced Micro Devices Inc | 3.10% | 1.21% | 1.89% |
| TSLATesla Inc | 2.16% | 1.36% | 0.80% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 2.20% | 1.00% | 1.20% |
70.6% of TIME is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TIME or VOO?
TIME has an expense ratio of 0.96% while VOO charges 0.03%. VOO is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, TIME or VOO?
Over the past year TIME returned +13.11% vs +16.61% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, TIME or VOO?
TIME has been the more volatile fund at 24.4% annualized versus 15.6% for VOO. Worst drawdown: TIME -42.2% vs VOO -22.1%.
Should I hold both TIME and VOO?
TIME and VOO have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between TIME and VOO?
70.6% of TIME's money is in holdings VOO also owns. 43.0% of VOO's is in holdings TIME also owns. They hold 29 positions in common, counted across the 43 positions we hold weights for in TIME and 494 in VOO.
Which pays a higher dividend, TIME or VOO?
TIME yields 9.41% while VOO yields 1.04%, so TIME currently pays the higher dividend yield.
Is VOO better than TIME?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 48.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.