Chronoboon Displacer vs Rune of Composure

Chronoboon Displacer
Use: Alters the fabric of time, suspending beneficial world effects from dragonslaying, Dire Maul, Zul'Gurub, and Felwood.
Sells for 2 Silver 50 Copper to vendors
Item Level 60

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Rune of Composure
Binds when picked up
Classes: Shaman
Use: Engrave your cloak with the Coherence rune: Causes your Chain heal effectiveness to only reduce by 35% per jump, and Chain Lightning effectiveness to only reduce by 20% per jump. Each also jumps to 1 additional target.
Use: Learning
"Teaches you a new Engraving ability."
Item Level 60

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Side by side:

Set your class weights in Preferences to see which is better for you.

Stat Chronoboon Displacer Rune of Composure Δ
Item Level 60 60 0
Sell Price 2s 50c −2s 50c
Binding Binds when picked up

Δ is Rune of Composure minus Chronoboon Displacer: green where Rune of Composure is better, red where it is worse (a lower required level is better; speed and sell price have no better side). Total Stats adds up Str, Agi, Sta, Int and Spi.

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