Skip to content
etf.net

CGOV vs CLIP

Corgi 0-3 Month T-Bill ETF

CGOVBCboe

Global X 1-3 Month T-Bill ETF

CLIPANYSE Arca

Overlap

Expense ratio

CGOV −0.02pt a year

CGOV0.05%CLIP0.07%

Avg volume · 30D

CLIP 13.9×the volume

CGOV21KCLIP291K

CGOV vs CLIP Performance

Aug 4, 2026 – Nov 4, 2026

+0.9%CGOV+1.0%CLIP

Aug 4, 2026 to Nov 4, 2026. CGOV +0.9%. CLIP +1.0%. Use the arrow keys to read each point.0%0.2%0.4%0.6%Aug 2026Sep 2026Nov 2026
Expense ratio
CGOV 0.05%, better
CLIP 0.07%
Fund size
CGOV $23M
CLIP $2.35B
1Y total return
CGOV No data
CLIP +3.8%
Yield (12M)
CGOV No data
CLIP 3.73%
Holdings
CGOV 26
CLIP 28
Avg volume (30D)
CGOV 21K sh
CLIP 291K sh, better
NAV per share
CGOV $25.03
CLIP $100.08
52W range

ETF.net Grade

CGOV: Cost 95, Risk 54, Mission not scored, Tradability 27, Holdings 52, Durability 10. CLIP: Cost 89, Risk 47, Mission 100, Tradability 79, Holdings not scored, Durability 68.
Pillar letters and Scores for CGOV, CLIP, with each pillar’s weight
PillarCGOVCLIP
Cost30% weightA95HigherA89
Mission25% weightNot scoredA100
Risk15% weightC54HigherC47
Tradability15% weightD27A79Higher
Holdings10% weightC52Not scored
Durability5% weightF10B68Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CGOV and CLIP are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

CLIP ranks 2nd and CGOV 34th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 84
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 3AVBILVanguard 0-3 Month Treasury Bill ETFScore 81
  4. Rank 32BOBILUS Treasury 12 Month Bill ETFScore 63
  5. Rank 34BCGOVCorgi 0-3 Month T-Bill ETFScore 61
  6. Rank 34BIQMMProShares GENIUS Money Market ETFScore 61

Our read on each fund

ETF.net Research

CGOVBCorgi 0-3 Month T-Bill ETF

CLIPAGlobal X 1-3 Month T-Bill ETF

In short

CGOV No data

CLIP Treasury 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

CGOV No data

CLIP 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

CGOV No data

  • CLIP 0.07% a year, half the 0.14% median for its bill-fund cohort and half what category veteran BIL charges for the same one-to-three-month exposure.
  • The mandate fits on one line: US Treasury bills maturing in one month to under three, roughly two dozen of them. Government paper only, no corporate credit slipped in.globalxetfs.com
  • Sticks to the Solactive 1-3 month US T-Bill Index about as tightly as anything in its peer group, which is the entire job description for a bill fund.
  • Distributes monthly, and it has already gathered billions in assets, so it is no thin-ice launch.

Worth knowing

CGOV No data

  • CLIP Income comes straight off short-term Treasury rates. Monthly payouts move up and down with those rates rather than sitting at a fixed level.
  • It opened in 2023, so the track record is short next to the bill funds it undercuts on fee.
  • Volume is respectable, not the deepest in the cohort, and a hair cheaper exists (Vanguard's VBIL at 0.06%). At these fee levels the gap is rounding error.

Full CGOV profile⁠

Full CLIP profile⁠

CGOV vs CLIP Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CGOV vs CLIP Cost

Overpaying CLIP vs CGOV

$420

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CGOV 0.05%

    $1,060

  • CLIP 0.07%

    $1,480

$10,000
30 years

Cost over time

  • CGOV 0.05%
  • CLIP 0.07%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530CLIP $1,480CGOV $1,060

Year by year

YearCGOVCLIPOverpaying
10$92$128$36
20$360$503$143
30$1,060$1,480$420

Expense ratio

  • 0.05%CGOV, cheaper
  • 0.07%CLIP
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

CGOV 3rd cheapest of 78 funds

CLIP 8th cheapest of 78 funds

CGOV vs CLIP Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
CGOV No data
CLIP 3.73%
Payout (12M)
CGOV No data
CLIP $3.73
Last payment
CGOV $0.05
CLIP $0.33
Ex-dividend
CGOV Oct 30, 2026
CLIP Nov 2, 2026
Paid on
CGOV Nov 2, 2026
CLIP Pays Nov 5, 2026
Frequency
CGOV Monthly
CLIP Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CGOVMonthly · 5 paymentsAll CGOV payments⁠
One bar per payment. 5 payments from 2023 to 2026 YTD. Jun 30, 2026 $0.03; Jul 31, 2026 $0.08; Aug 31, 2026 $0.13; Sep 30, 2026 $0.06; Oct 30, 2026 $0.05. Use the arrow keys to read each point.$0$0.5020232026YTD
CLIPMonthly · 41 paymentsAll CLIP payments⁠
One bar per payment. 41 payments from 2023 to 2026 YTD. Jul 6, 2023 $0.05; Aug 3, 2023 $0.44; Sep 6, 2023 $0.49; Oct 4, 2023 $0.44; Nov 3, 2023 $0.45; Dec 5, 2023 $0.45; Dec 28, 2023 $0.44; Feb 5, 2024 $0.45; Mar 5, 2024 $0.44; Apr 3, 2024 $0.44; May 3, 2024 $0.44; Jun 5, 2024 $0.44; Jul 3, 2024 $0.44; Aug 5, 2024 $0.44; Sep 5, 2024 $0.44; Oct 3, 2024 $0.42; Nov 5, 2024 $0.40; Dec 4, 2024 $0.38; Dec 30, 2024 $0.38; Feb 3, 2025 $0.36; Mar 3, 2025 $0.35; Apr 1, 2025 $0.35; May 1, 2025 $0.35; Jun 2, 2025 $0.35; Jul 1, 2025 $0.35; Aug 1, 2025 $0.35; Sep 2, 2025 $0.36; Oct 1, 2025 $0.35; Nov 3, 2025 $0.34; Dec 1, 2025 $0.33; Dec 30, 2025 $0.31; Feb 2, 2026 $0.31; Mar 2, 2026 $0.30; Apr 1, 2026 $0.31; May 1, 2026 $0.30; Jun 1, 2026 $0.30; Jul 1, 2026 $0.30; Aug 3, 2026 $0.31; Sep 1, 2026 $0.31; Oct 1, 2026 $0.31; Nov 2, 2026 $0.33. Use the arrow keys to read each point.$0$0.5020232026YTD

CGOV vs CLIP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CGOV No dataCLIP 0.2%
Return per unit of riskSharpe ratio, 3 years
CGOV No dataCLIP −0.51
Worst fallMax drawdown, 5 years
CGOV No dataCLIP −0.1%since Jun 2023
Market sensitivityBeta, 5 years
CGOV −0.08CLIP 0.01

CGOV and CLIP in the news

All news⁠

Popular comparisons

  • CGOVBvsICSHA

    Corgi 0-3 Month T-Bill ETF · iShares Ultra Short Duration Bond Active ETF

    Expense ratio
    0.05% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CLIPAvsICSHA

    Global X 1-3 Month T-Bill ETF · iShares Ultra Short Duration Bond Active ETF

    Expense ratio
    0.07% · 0.08%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CGOVBvsVBILA

    Corgi 0-3 Month T-Bill ETF · Vanguard 0-3 Month Treasury Bill ETF

    Expense ratio
    0.05% · 0.06%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CLIPAvsVBILA

    Global X 1-3 Month T-Bill ETF · Vanguard 0-3 Month Treasury Bill ETF

    Expense ratio
    0.07% · 0.06%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CGOVBvsVUSBA

    Corgi 0-3 Month T-Bill ETF · Vanguard Ultra-Short Bond ETF

    Expense ratio
    0.05% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • CLIPAvsVUSBA

    Global X 1-3 Month T-Bill ETF · Vanguard Ultra-Short Bond ETF

    Expense ratio
    0.07% · 0.10%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.