CLIP vs WEEK

CLIPAGlobal X 1-3 Month T-Bill ETF

WEEKBRoundhill Weekly T-Bill ETF

In short

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.

WEEK A T-bill fund built around the calendar. WEEK holds Treasury bills maturing in 0 to 3 months, aims to pay every week, and sizes those payments to hold its NAV steady week over week. It launched in 2025 as the first of its kind.

Stated mandate

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.

WEEK The Fund seeks weekly distributions of current income by investing primarily in U.S. Treasury bills maturing within 0 to 3 months at purchase. It is actively managed and seeks to maintain a stable week-over-week NAV.

Why people hold it

• 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.

• WEEK Income arrives as weekly cash, not accrual: the fund targets a distribution every week, sized to keep NAV level week over week.roundhillinvestments.com
• An actively managed bill ladder someone else rolls: it buys Treasury bills maturing within 0 to 3 months and handles the reinvestment as they mature.roundhillinvestments.com
• Holdings match the label: US Treasury bills, no reach into commercial paper or corporate credit to pad the payout.

Worth knowing

• 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.

• WEEK The weekly plumbing costs more than the aisle: 0.19% a year, against a category median of 0.14% and cheaper bills funds like VBIL at 0.06% and CLIP at 0.07%.
• Not a money market fund: no fixed $1 NAV, and Roundhill discloses that payments exceeding income and gains are treated as return of capital.roundhillinvestments.com
• A 2025 launch, mid-sized and moderately traded, so spreads and depth trail the entrenched giants of the T-bill aisle.

Full CLIP profile⁠

Full WEEK profile⁠