iOS Widget and Background Refresh

I’m last to the game when it comes to the iOS widget game and I was excited to see the feature. However, I’m noticing that the widget is now updating itself unless I open the app (which kind of defeats the purpose of the widget). I checked to make sure that I had Background Refresh turned on for Cronometer but it seems like there is no Background refresh option for Cronometer. Is this a bug with the widget, or is there some other setting I should be looking for to change to have the widget update itself without having to open the app?

I'm on an iPhone 12 Max Pro with the latest iOS version.