Global X 1-3 Month T-Bill ETF (CLIP)


Market Price (11/5/2026): $100.11

Global X 1-3 Month T-Bill ETF (CLIP)


Market Price (11/5/2026): $100.11

Key Takeaways

  • CLIP has returned +3.1% YTD vs +13.0% for SPY; +3.7% over the past 12 months (SPY +14.5%). details →
  • Priced in gold, CLIP has returned -44.2% over the past 3 years, vs +14.0% in dollars — its dollar gains have lagged gold. details →
  • Over the past month, CLIP has seen net outflows of −$29M (−1.2% of assets). details →
  • Risk-adjusted returns trail SPY: 3-year Sharpe ratio of 0.3 vs 1.2. details →
  • CLIP is trading at an all-time high. details →
Last updated: 11/4/2026.

Price Chart

Asset Allocation with CLIP

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+11.8%
Volatility
10.8%
Sharpe
0.82
YTD
+8.8%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

Learn More →
Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance
Learn More →
Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Top 20 Holdings for CLIP

Total Weights
Top 5: 3.0% | Top 10: 3.0% | Top 20: 3.0%

HoldingETF Weight
B 01/26/27 (C0FRT41)2.96%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CLIP Return--3%5%4%3%16%
Peers Return-0%1%5%5%4%3%20%
S&P 500 Return27%-19%24%23%16%11%102%

Monthly Win Rates [3]
CLIP Win Rate--100%100%100%100% 
Peers Win Rate38%72%100%100%100%96% 
S&P 500 Win Rate75%42%67%75%67%36% 

Max Drawdowns [4]
CLIP Max Drawdown----0%-0%-0% 
Peers Max Drawdown-0%-0%-0%-0%-0%-0% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: SGOV, BIL, JPST, SHV, USFR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/4/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
CLIP-3.270.330.51
Cash Top Results (3Y)   
ICSH-1.981.090.06
JPST-1.780.98-0.02
TFLO-1.440.600.19
SGOV-4.040.57-0.30
CLIP-3.270.330.51

Results as of 10312026.

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
MAGSRoundhill Magnificent Seven ETF-5.4%70.281104202674.301013202622
QQQInvesco QQQ Trust, Series 1-8.9%691.9511042026759.661006202629
QQQMInvesco NASDAQ 100 ETF-8.9%284.9211042026312.761006202629
ONEQFidelity Nasdaq Composite Index ETF-6.7%101.4811042026108.771006202629
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF-9.2%151.7011042026167.03813202683
IJHiShares Core S&P Mid-Cap ETF-5.2%74.591104202678.67816202680
MDYState Street SPDR S&P MIDCAP 400 ETF Trust-5.1%680.3011042026716.91816202680
IWMiShares Russell 2000 ETF-6.9%284.0211042026305.09816202680
SCHASchwab U.S. Small-Cap ETF-7.0%33.591104202636.136302026127
VTWOVanguard Russell 2000 ETF-6.7%114.6511042026122.90816202680
VUGVanguard Growth ETF-7.0%86.141104202692.641006202629
IWFiShares Russell 1000 Growth ETF-8.7%117.9011042026129.191006202629
IVWiShares S&P 500 Growth ETF-6.8%136.2511042026146.121006202629
SCHGSchwab U.S. Large-Cap Growth ETF-6.0%34.721104202636.931006202629
SPYGState Street SPDR Portfolio S&P 500 Growth ETF-6.7%117.9711042026126.501006202629
VONGVanguard Russell 1000 Growth ETF-8.7%121.4111042026133.001006202629
MGKVanguard Mega Cap Growth ETF-7.7%87.771104202695.111006202629
IWPiShares Russell Mid-Cap Growth ETF-11.5%130.7011042026147.70817202679
VOTVanguard Mid-Cap Growth ETF-7.4%290.2711042026313.61816202680
IJKiShares S&P Mid-Cap 400 Growth ETF-8.1%109.5211042026119.11817202679
MDYGState Street SPDR S&P 400 Mid Cap Growth ETF-8.1%104.5011042026113.69817202679
IWOiShares Russell 2000 Growth ETF-9.8%356.7311042026395.65816202680
VBKVanguard Small-Cap Growth ETF-8.7%334.1311042026365.91817202679
IJTiShares S&P Small-Cap 600 Growth ETF-6.6%167.3211042026179.07804202692
SLYGState Street SPDR S&P 600 Small Cap Growth ETF-6.5%111.6811042026119.50804202692
VXUSVanguard Total International Stock ETF-5.1%83.881104202688.41907202658
VSSVanguard FTSE All-World EX-US Small-Cap Index Fund-6.8%150.5711042026161.495112026177
SCHCSchwab International Small-Cap Equity ETF-5.8%48.851104202651.86827202669
IEMGiShares Core MSCI Emerging Markets ETF-12.9%74.941104202686.006222026135
VWOVanguard FTSE Emerging Markets ETF-8.2%56.281104202661.32907202658
EEMiShares MSCI Emerging Markets ETF-13.5%61.621104202671.216222026135
SPEMState Street SPDR Portfolio Emerging Markets ETF-7.9%49.201104202653.41907202658
SCHESchwab Emerging Markets Equity ETF-7.6%34.721104202637.58907202658
FNDESchwab Fundamental Emerging Markets Equity ETF-5.2%40.831104202643.08907202658
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-16.9%30.991104202637.306222026135
EWYiShares MSCI South Korea ETF-30.6%152.1211042026219.206212026136
EWZiShares MSCI Brazil ETF-25.9%32.251104202643.541012202623
FXIiShares China Large-Cap ETF-9.6%34.591104202638.265132026175
ILFiShares Latin America 40 ETF-15.3%32.351104202638.211012202623
KWEBKraneShares CSI China Internet ETF-20.5%24.321104202630.595132026175
JEPQJ.P. Morgan Nasdaq Equity Premium Income ETF-5.9%57.111104202660.701007202628
QQQINEOS Nasdaq 100 High Income ETF-7.5%51.821104202656.001006202629
MTUMiShares MSCI USA Momentum Factor ETF-21.0%272.8611042026345.226222026135
SPHQInvesco S&P 500 Quality ETF-6.1%84.641104202690.106302026127
SPMOInvesco S&P 500 Momentum ETF-18.3%132.0311042026161.666222026135
VLUEiShares MSCI USA Value Factor ETF-6.1%193.0211042026205.51907202658
ARKKARK Innovation ETF-13.4%80.371104202692.781005202630
URAGlobal X Uranium ETF-43.9%32.701104202658.265062026182
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-21.2%32.811104202641.635132026175
ROBOROBO Global Robotics & Automation Index ETF-17.3%74.721104202690.346022026155
LITGlobal X Lithium & Battery Tech ETF-32.5%61.881104202691.625112026177
ICLNiShares Global Clean Energy ETF-30.1%16.601104202623.756022026155
ARKQARK Autonomous Technology & Robotics ETF-25.1%107.7411042026143.825282026160
ARKWARK Next Generation Internet ETF-12.1%147.0011042026167.331006202629
ARKXARK Space & Defense Innovation ETF-23.4%28.921104202637.745282026160
NASATema Space Innovators ETF-52.9%19.741104202641.895272026161
XOVREntrepreneurShares Series Trust ERShares Private-Public Crossover ETF-9.5%20.291104202622.431005202630
AGIXKraneShares Artificial Intelligence ETF-17.9%40.691104202649.561006202629
DRSKAptus Defined Risk ETF-7.0%27.331104202629.396012026156
YYYAmplify CEF High Income ETF-8.3%10.421104202611.37816202680
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-24.6%53.741104202671.30825202671
RAAXVanEck Real Assets ETF-9.2%38.771104202642.705112026177
VGTVanguard Information Technology ETF-11.0%115.5511042026129.801006202629
XLKState Street Technology Select Sector SPDR ETF-12.6%176.5011042026202.001006202629
XLEState Street Energy Select Sector SPDR ETF-9.3%63.521104202670.02110120263
XLIState Street Industrial Select Sector SPDR ETF-9.1%169.4611042026186.51816202680
XLCState Street Communication Services Select Sector SPDR ETF-10.3%104.9611042026117.085072026181
XLUState Street Utilities Select Sector SPDR ETF-5.8%43.611104202646.297262026101
IYMiShares U.S. Basic Materials ETF-6.5%183.6111042026196.45825202671
FXNFirst Trust Energy AlphaDEX Fund-8.4%22.911104202625.00110120263
SMHVanEck Semiconductor ETF-24.6%504.2711042026668.916222026135
SOXXiShares Semiconductor ETF-31.2%450.4111042026655.016222026135
XBIState Street SPDR S&P Biotech ETF-6.2%159.1011042026169.55819202677
ITAiShares U.S. Aerospace & Defense ETF-15.9%212.8411042026253.22816202680
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-12.5%179.2911042026204.86102620269
IGViShares Expanded Tech-Software Sector ETF-8.1%103.5611042026112.671011202624
IYTiShares U.S. Transportation ETF-5.5%85.021104202690.017162026111
IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF-6.1%185.9111042026198.06903202662
MISLFirst Trust Indxx Aerospace & Defense ETF-16.2%41.221104202649.195282026160
RINGiShares MSCI Global Gold Miners ETF-20.6%73.941104202693.17825202671
SOXQInvesco PHLX Semiconductor ETF-29.8%80.8511042026115.116222026135
TLTiShares 20+ Year Treasury Bond ETF-5.0%81.761104202686.106292026128
EDVVanguard World Funds Extended Duration ETF-7.8%59.531104202664.546242026133
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-8.4%18.631104202620.341025202610
DBCInvesco DB Commodity Index Tracking Fund-8.2%31.291104202634.101025202610
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-9.4%35.591104202639.301025202610
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-8.4%24.571104202626.81910202655
FTGCFirst Trust Global Tactical Commodity Strategy Fund-8.2%29.011104202631.60910202655
HGERHarbor Commodity All-Weather Strategy ETF-7.5%33.781104202636.501025202610
GLDSPDR Gold Trust-14.3%372.4911042026434.655112026177
IAUiShares Gold Trust-14.2%76.371104202689.065112026177
GLDMSPDR Gold MiniShares Trust-14.2%80.381104202693.695112026177
SLViShares Silver Trust-40.6%47.161104202679.355132026175
PPLTETFS Physical Platinum Shares-30.7%13.541104202619.555132026175
PALLETFS Physical Palladium Shares-34.7%18.271104202627.965062026182
USOUnited States Oil Fund LP-14.2%145.4111042026169.531025202610
UNGUnited States Natural Gas Fund LP-23.5%9.271104202612.126042026153
BNOUnited States Brent Oil Fund LP ETV-15.4%60.401104202671.39110120263
REETiShares Global REIT ETF-5.1%27.431104202628.897262026101
IBITiShares Bitcoin Trust ETF-7.5%45.331104202649.01921202644
FBTCFidelity Wise Origin Bitcoin Fund-7.6%69.601104202675.31921202644
ETHAiShares Ethereum Trust ETF-9.4%54.741104202660.45928202637

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-11-04

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$96.8B), followed by Bond (+$36.1B), while Crypto (−$2.4B) and Real Estate (−$637M) saw the largest outflows.
  • Within the mix, money rotated into US Large Cap Core (+$34.5B) and out of Gold (−$1.7B).
  • Relative to fund size, ALAI drew the largest inflow (+66.4% of AUM) and EWS the largest outflow (−32.0%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$20.84B+2.0%
2SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core+$9.06B+4.9%
3SOXXiShares Semiconductor ETFEquity Industry Subsector+$6.1B+13.7% ⚠
4VTIVanguard Morningstar Total Stock Market ETFEquity US Total Market+$5.29B+0.8%
5MUBiShares National Muni Bond ETFBond Municipal+$5.04B+9.7%
6LQDiShares iBoxx $ Investment Grade Corporate Bond ETFBond Intermediate Corporate+$4.97B+17.1%
7QQQMInvesco NASDAQ 100 ETFEquity US Nasdaq Growth+$4.57B+4.2%
8SMHVanEck Semiconductor ETFEquity Industry Subsector+$3.68B+5.3%
9CNEQAlger Concentrated Equity ETFOther+$3.46B+58.4%
10SPYState Street SPDR S&P 500 ETFEquity US Large Cap Core+$3.46B+0.4%
Largest outflows
#TickerNameTypeNet flow% of AUM
1BILState Street SPDR Bloomberg 1-3 Month T-Bill ETFCash-$2.48B-4.9%
2IQMMProShares - GENIUS Money Market ETFOther-$2.38B-12.6%
3SHViShares Trust iShares 0-1 Year Treasury Bond ETFCash-$2.23B-9.5%
4DRAMRoundhill Memory ETFOther-$2.23B-11.6%
5GLDSPDR Gold SharesCommodity Gold-$1.93B-1.4%
6ETHAiShares Ethereum Trust ETFCrypto-$1.57B-19.5% ⚠
7TLTiShares 20+ Year Treasury Bond ETFBond Long Treasury-$1.16B-2.4%
8VOVanguard Morningstar Mid-Cap ETFEquity US Mid Cap Core-$1.14B-1.1%
9IWDiShares Russell 1000 Value ETFEquity US Large Value-$1.13B-1.4%
10TCAFT. Rowe Capital Appreciation Equity ETFOther-$947M-11.2%

Largest ETF fund flows across ~2647 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

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About CLIP

0Holdings Count: 27
Expense Ratio: 0.07%
Inception Date: 2023-06-20
Global X - 1-3 Month T-Bill ETF
The Global X 1-3 Month T-Bill ETF, identified by its ticker CLIP, is designed to mirror the financial outcomes, encompassing both capital appreciation and income generated, of the Solactive 1-3 month US T-Bill Index. This objective is considered before accounting for any associated management fees or operational expenses.
Asset Class: Cash & Cash Equivalents | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
Asset ClassCashCashCashCashCashCash-
AUM ($ Bil)2.4116.848.642.521.421.332.0
Expense Ratio0.07%0.09%0.14%0.18%0.15%0.15%0.15%
10-D Avg Volume (Mil)0.2921.0010.347.103.295.816.46
Latest Day Volume (Mil)0.3138.1317.656.203.2411.758.97
Holdings Count27244280719626
Inception Date6/20/20235/26/20205/25/20075/17/20171/5/20072/4/2014-

Fundamentals

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
Net Asset Value100.38100.7491.6750.42110.4250.40-
Premium/Discount-0.3%-0.3%-0.3%-0.3%-0.3%0.1%-0.3%
Distribution Yield3.7%3.6%3.7%4.1%3.7%3.7%3.7%
Sales Yield-------
Earnings Yield-------

Valuation

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
P/S (TTM)-------
P/E (TTM)-------
P/FCF (TTM)-------
Forward P/E-------
Forward P/S-------

Risk

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
Volatility (1Y)0.2%0.2%0.4%0.5%0.4%0.4%0.4%
Volatility (3Y)0.4%0.2%0.3%0.6%0.3%0.4%0.3%
Volatility (5Y)0.4%0.2%0.3%0.6%0.3%0.4%0.4%
Beta (1Y)-0.00-0.000.000.010.00-0.00-0.00
Beta (3Y)-0.00-0.00-0.000.000.00-0.00-0.00
Beta (5Y)-0.00-0.00-0.000.000.00-0.00-0.00
Sharpe Ratio (1Y)17.2420.588.386.877.858.368.37
Sharpe Ratio (3Y)10.8920.2214.088.6113.4011.8612.63
Sharpe Ratio (5Y)10.6115.9512.096.4910.589.3510.59
Max Drawdown (1Y)-0.0%0.0%-0.3%-0.1%-0.3%-0.3%-0.2%
Max Drawdown (3Y)-0.1%-0.0%-0.3%-0.3%-0.3%-0.3%-0.3%
Max Drawdown (5Y)-0.1%-0.0%-0.3%-0.7%-0.4%-0.3%-0.3%

Returns

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
1M Return0.3%0.3%-0.0%0.4%-0.0%0.0%0.2%
3M Return0.9%0.9%0.6%0.8%0.5%0.7%0.7%
6M Return1.9%1.9%1.5%1.6%1.4%1.7%1.6%
YTD Return3.1%3.1%2.7%2.8%2.6%3.0%2.9%
1Y Return3.8%3.7%3.3%3.6%3.3%3.7%3.7%
2Y Return8.3%8.4%7.8%8.8%7.8%8.3%8.3%
3Y Return14.2%14.2%13.5%15.6%13.5%14.1%14.2%

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.2 Mil
Short Interest: % Change Since 9302026317.8%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest1