Global X 1-3 Month T-Bill ETF
$100.080.00 (0.00%)
- 0.07%
- $2.35B
- +3.8%
- 4.06%
- 285K sh
- low $100.04high $100.41
The ETF.net CLIP Grade
A
Score 82 out of 100
- 2 of 78
Score 82 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A89 out of 100Rank 8 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 67Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 47 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 10 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 27 of 78
Our read on CLIP
In short
ATreasury bills, one to three months out, at half the fee of the category's longtime giant. Global X launched CLIP in 2023 as the cheap challenger in the parking-lot corner of the bond market, and it has hugged its index tightly since.
Stated mandate
CLIP seeks to track, before fees and expenses, the price and yield performance of the Solactive 1-3 month US T-Bill Index. It invests in U.S. government Treasury bills with remaining maturities from one month to under three months.
Why people hold it
Worth knowing
CLIP Holdings
- Other
- 28
- 56%
- B 12/03/26 (BW61LR4)
Geography
- United States100.00%
CLIP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
CLIP$10,377
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CLIP |
|---|---|
| Year to date | +3.1% |
| 1 month | +0.3% |
| 3 months | +0.9% |
| 1 year | +3.8% |
| 3 years | +4.5% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CLIP |
|---|---|---|
| 2026 YTD | +3.1% | |
| 2025 | +4.2% | |
| 2024 | +5.3% | |
| 2023 | +2.8% |
CLIP in the news
CLIP Dividends
- 4.06%
- $4.06
- $0.33 per share
- Monthly
CLIP Risk
- 0.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.51
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −0.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
CLIP Cost
Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income
$842
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
CLIP 0.07%
$1,480
XHLF 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | CLIP | XHLF | Overpaying |
|---|---|---|---|
| 10 | $128 | $55 | $73 |
| 20 | $503 | $216 | $287 |
| 30 | $1,480 | $638 | $842 |
Other funds in Cash & Ultra-Short Income
- AICSHiShares Ultra Short Duration Bond Active ETFExpense ratio 0.08%1 year return +3.7%
- AVBILVanguard 0-3 Month Treasury Bill ETFExpense ratio 0.06%1 year return +3.8%
- AVUSBVanguard Ultra-Short Bond ETFExpense ratio 0.10%1 year return +3.7%
- ATBLLInvesco Short Term Treasury ETFExpense ratio 0.08%1 year return +3.6%
- AXHLFBondBloxx Bloomberg Six Month Target Duration US Treasury ETFExpense ratio 0.03%1 year return +3.6%
