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 →
Asset Allocation with CLIP
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
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CLIP Return | - | - | 3% | 5% | 4% | 3% | 16% |
| Peers Return | -0% | 1% | 5% | 5% | 4% | 3% | 20% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 11% | 102% |
Monthly Win Rates [3] | |||||||
| CLIP Win Rate | - | - | 100% | 100% | 100% | 100% | |
| Peers Win Rate | 38% | 72% | 100% | 100% | 100% | 96% | |
| S&P 500 Win Rate | 75% | 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.
Results as of 10312026.Current Dip Buy Opportunities Across ETFs
ETFs currently down 5% or more from trailing 6M peaks.
| Ticker | Name | Dip % | Mkt Price | Price Date | Peak Price | Peak Date | # Days |
|---|---|---|---|---|---|---|---|
| MAGS | Roundhill Magnificent Seven ETF | -5.4% | 70.28 | 11042026 | 74.30 | 10132026 | 22 |
| QQQ | Invesco QQQ Trust, Series 1 | -8.9% | 691.95 | 11042026 | 759.66 | 10062026 | 29 |
| QQQM | Invesco NASDAQ 100 ETF | -8.9% | 284.92 | 11042026 | 312.76 | 10062026 | 29 |
| ONEQ | Fidelity Nasdaq Composite Index ETF | -6.7% | 101.48 | 11042026 | 108.77 | 10062026 | 29 |
| QQEW | First Trust Nasdaq-100 Select Equal Weight ETF | -9.2% | 151.70 | 11042026 | 167.03 | 8132026 | 83 |
| IJH | iShares Core S&P Mid-Cap ETF | -5.2% | 74.59 | 11042026 | 78.67 | 8162026 | 80 |
| MDY | State Street SPDR S&P MIDCAP 400 ETF Trust | -5.1% | 680.30 | 11042026 | 716.91 | 8162026 | 80 |
| IWM | iShares Russell 2000 ETF | -6.9% | 284.02 | 11042026 | 305.09 | 8162026 | 80 |
| SCHA | Schwab U.S. Small-Cap ETF | -7.0% | 33.59 | 11042026 | 36.13 | 6302026 | 127 |
| VTWO | Vanguard Russell 2000 ETF | -6.7% | 114.65 | 11042026 | 122.90 | 8162026 | 80 |
| VUG | Vanguard Growth ETF | -7.0% | 86.14 | 11042026 | 92.64 | 10062026 | 29 |
| IWF | iShares Russell 1000 Growth ETF | -8.7% | 117.90 | 11042026 | 129.19 | 10062026 | 29 |
| IVW | iShares S&P 500 Growth ETF | -6.8% | 136.25 | 11042026 | 146.12 | 10062026 | 29 |
| SCHG | Schwab U.S. Large-Cap Growth ETF | -6.0% | 34.72 | 11042026 | 36.93 | 10062026 | 29 |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | -6.7% | 117.97 | 11042026 | 126.50 | 10062026 | 29 |
| VONG | Vanguard Russell 1000 Growth ETF | -8.7% | 121.41 | 11042026 | 133.00 | 10062026 | 29 |
| MGK | Vanguard Mega Cap Growth ETF | -7.7% | 87.77 | 11042026 | 95.11 | 10062026 | 29 |
| IWP | iShares Russell Mid-Cap Growth ETF | -11.5% | 130.70 | 11042026 | 147.70 | 8172026 | 79 |
| VOT | Vanguard Mid-Cap Growth ETF | -7.4% | 290.27 | 11042026 | 313.61 | 8162026 | 80 |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | -8.1% | 109.52 | 11042026 | 119.11 | 8172026 | 79 |
| MDYG | State Street SPDR S&P 400 Mid Cap Growth ETF | -8.1% | 104.50 | 11042026 | 113.69 | 8172026 | 79 |
| IWO | iShares Russell 2000 Growth ETF | -9.8% | 356.73 | 11042026 | 395.65 | 8162026 | 80 |
| VBK | Vanguard Small-Cap Growth ETF | -8.7% | 334.13 | 11042026 | 365.91 | 8172026 | 79 |
| IJT | iShares S&P Small-Cap 600 Growth ETF | -6.6% | 167.32 | 11042026 | 179.07 | 8042026 | 92 |
| SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | -6.5% | 111.68 | 11042026 | 119.50 | 8042026 | 92 |
| VXUS | Vanguard Total International Stock ETF | -5.1% | 83.88 | 11042026 | 88.41 | 9072026 | 58 |
| VSS | Vanguard FTSE All-World EX-US Small-Cap Index Fund | -6.8% | 150.57 | 11042026 | 161.49 | 5112026 | 177 |
| SCHC | Schwab International Small-Cap Equity ETF | -5.8% | 48.85 | 11042026 | 51.86 | 8272026 | 69 |
| IEMG | iShares Core MSCI Emerging Markets ETF | -12.9% | 74.94 | 11042026 | 86.00 | 6222026 | 135 |
| VWO | Vanguard FTSE Emerging Markets ETF | -8.2% | 56.28 | 11042026 | 61.32 | 9072026 | 58 |
| EEM | iShares MSCI Emerging Markets ETF | -13.5% | 61.62 | 11042026 | 71.21 | 6222026 | 135 |
| SPEM | State Street SPDR Portfolio Emerging Markets ETF | -7.9% | 49.20 | 11042026 | 53.41 | 9072026 | 58 |
| SCHE | Schwab Emerging Markets Equity ETF | -7.6% | 34.72 | 11042026 | 37.58 | 9072026 | 58 |
| FNDE | Schwab Fundamental Emerging Markets Equity ETF | -5.2% | 40.83 | 11042026 | 43.08 | 9072026 | 58 |
| ASHR | Xtrackers Harvest CSI 300 China A-Shares ETF | -16.9% | 30.99 | 11042026 | 37.30 | 6222026 | 135 |
| EWY | iShares MSCI South Korea ETF | -30.6% | 152.12 | 11042026 | 219.20 | 6212026 | 136 |
| EWZ | iShares MSCI Brazil ETF | -25.9% | 32.25 | 11042026 | 43.54 | 10122026 | 23 |
| FXI | iShares China Large-Cap ETF | -9.6% | 34.59 | 11042026 | 38.26 | 5132026 | 175 |
| ILF | iShares Latin America 40 ETF | -15.3% | 32.35 | 11042026 | 38.21 | 10122026 | 23 |
| KWEB | KraneShares CSI China Internet ETF | -20.5% | 24.32 | 11042026 | 30.59 | 5132026 | 175 |
| JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | -5.9% | 57.11 | 11042026 | 60.70 | 10072026 | 28 |
| QQQI | NEOS Nasdaq 100 High Income ETF | -7.5% | 51.82 | 11042026 | 56.00 | 10062026 | 29 |
| MTUM | iShares MSCI USA Momentum Factor ETF | -21.0% | 272.86 | 11042026 | 345.22 | 6222026 | 135 |
| SPHQ | Invesco S&P 500 Quality ETF | -6.1% | 84.64 | 11042026 | 90.10 | 6302026 | 127 |
| SPMO | Invesco S&P 500 Momentum ETF | -18.3% | 132.03 | 11042026 | 161.66 | 6222026 | 135 |
| VLUE | iShares MSCI USA Value Factor ETF | -6.1% | 193.02 | 11042026 | 205.51 | 9072026 | 58 |
| ARKK | ARK Innovation ETF | -13.4% | 80.37 | 11042026 | 92.78 | 10052026 | 30 |
| URA | Global X Uranium ETF | -43.9% | 32.70 | 11042026 | 58.26 | 5062026 | 182 |
| BOTZ | Global X Funds Global X Robotics & Artificial Intelligence ETF | -21.2% | 32.81 | 11042026 | 41.63 | 5132026 | 175 |
| ROBO | ROBO Global Robotics & Automation Index ETF | -17.3% | 74.72 | 11042026 | 90.34 | 6022026 | 155 |
| LIT | Global X Lithium & Battery Tech ETF | -32.5% | 61.88 | 11042026 | 91.62 | 5112026 | 177 |
| ICLN | iShares Global Clean Energy ETF | -30.1% | 16.60 | 11042026 | 23.75 | 6022026 | 155 |
| ARKQ | ARK Autonomous Technology & Robotics ETF | -25.1% | 107.74 | 11042026 | 143.82 | 5282026 | 160 |
| ARKW | ARK Next Generation Internet ETF | -12.1% | 147.00 | 11042026 | 167.33 | 10062026 | 29 |
| ARKX | ARK Space & Defense Innovation ETF | -23.4% | 28.92 | 11042026 | 37.74 | 5282026 | 160 |
| NASA | Tema Space Innovators ETF | -52.9% | 19.74 | 11042026 | 41.89 | 5272026 | 161 |
| XOVR | EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF | -9.5% | 20.29 | 11042026 | 22.43 | 10052026 | 30 |
| AGIX | KraneShares Artificial Intelligence ETF | -17.9% | 40.69 | 11042026 | 49.56 | 10062026 | 29 |
| DRSK | Aptus Defined Risk ETF | -7.0% | 27.33 | 11042026 | 29.39 | 6012026 | 156 |
| YYY | Amplify CEF High Income ETF | -8.3% | 10.42 | 11042026 | 11.37 | 8162026 | 80 |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | -24.6% | 53.74 | 11042026 | 71.30 | 8252026 | 71 |
| RAAX | VanEck Real Assets ETF | -9.2% | 38.77 | 11042026 | 42.70 | 5112026 | 177 |
| VGT | Vanguard Information Technology ETF | -11.0% | 115.55 | 11042026 | 129.80 | 10062026 | 29 |
| XLK | State Street Technology Select Sector SPDR ETF | -12.6% | 176.50 | 11042026 | 202.00 | 10062026 | 29 |
| XLE | State Street Energy Select Sector SPDR ETF | -9.3% | 63.52 | 11042026 | 70.02 | 11012026 | 3 |
| XLI | State Street Industrial Select Sector SPDR ETF | -9.1% | 169.46 | 11042026 | 186.51 | 8162026 | 80 |
| XLC | State Street Communication Services Select Sector SPDR ETF | -10.3% | 104.96 | 11042026 | 117.08 | 5072026 | 181 |
| XLU | State Street Utilities Select Sector SPDR ETF | -5.8% | 43.61 | 11042026 | 46.29 | 7262026 | 101 |
| IYM | iShares U.S. Basic Materials ETF | -6.5% | 183.61 | 11042026 | 196.45 | 8252026 | 71 |
| FXN | First Trust Energy AlphaDEX Fund | -8.4% | 22.91 | 11042026 | 25.00 | 11012026 | 3 |
| SMH | VanEck Semiconductor ETF | -24.6% | 504.27 | 11042026 | 668.91 | 6222026 | 135 |
| SOXX | iShares Semiconductor ETF | -31.2% | 450.41 | 11042026 | 655.01 | 6222026 | 135 |
| XBI | State Street SPDR S&P Biotech ETF | -6.2% | 159.10 | 11042026 | 169.55 | 8192026 | 77 |
| ITA | iShares U.S. Aerospace & Defense ETF | -15.9% | 212.84 | 11042026 | 253.22 | 8162026 | 80 |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | -12.5% | 179.29 | 11042026 | 204.86 | 10262026 | 9 |
| IGV | iShares Expanded Tech-Software Sector ETF | -8.1% | 103.56 | 11042026 | 112.67 | 10112026 | 24 |
| IYT | iShares U.S. Transportation ETF | -5.5% | 85.02 | 11042026 | 90.01 | 7162026 | 111 |
| IAI | iShares U.S. Broker-Dealers & Securities Exchanges ETF | -6.1% | 185.91 | 11042026 | 198.06 | 9032026 | 62 |
| MISL | First Trust Indxx Aerospace & Defense ETF | -16.2% | 41.22 | 11042026 | 49.19 | 5282026 | 160 |
| RING | iShares MSCI Global Gold Miners ETF | -20.6% | 73.94 | 11042026 | 93.17 | 8252026 | 71 |
| SOXQ | Invesco PHLX Semiconductor ETF | -29.8% | 80.85 | 11042026 | 115.11 | 6222026 | 135 |
| TLT | iShares 20+ Year Treasury Bond ETF | -5.0% | 81.76 | 11042026 | 86.10 | 6292026 | 128 |
| EDV | Vanguard World Funds Extended Duration ETF | -7.8% | 59.53 | 11042026 | 64.54 | 6242026 | 133 |
| PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | -8.4% | 18.63 | 11042026 | 20.34 | 10252026 | 10 |
| DBC | Invesco DB Commodity Index Tracking Fund | -8.2% | 31.29 | 11042026 | 34.10 | 10252026 | 10 |
| COMT | iShares GSCI Commodity Dynamic Roll Strategy ETF | -9.4% | 35.59 | 11042026 | 39.30 | 10252026 | 10 |
| BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | -8.4% | 24.57 | 11042026 | 26.81 | 9102026 | 55 |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | -8.2% | 29.01 | 11042026 | 31.60 | 9102026 | 55 |
| HGER | Harbor Commodity All-Weather Strategy ETF | -7.5% | 33.78 | 11042026 | 36.50 | 10252026 | 10 |
| GLD | SPDR Gold Trust | -14.3% | 372.49 | 11042026 | 434.65 | 5112026 | 177 |
| IAU | iShares Gold Trust | -14.2% | 76.37 | 11042026 | 89.06 | 5112026 | 177 |
| GLDM | SPDR Gold MiniShares Trust | -14.2% | 80.38 | 11042026 | 93.69 | 5112026 | 177 |
| SLV | iShares Silver Trust | -40.6% | 47.16 | 11042026 | 79.35 | 5132026 | 175 |
| PPLT | ETFS Physical Platinum Shares | -30.7% | 13.54 | 11042026 | 19.55 | 5132026 | 175 |
| PALL | ETFS Physical Palladium Shares | -34.7% | 18.27 | 11042026 | 27.96 | 5062026 | 182 |
| USO | United States Oil Fund LP | -14.2% | 145.41 | 11042026 | 169.53 | 10252026 | 10 |
| UNG | United States Natural Gas Fund LP | -23.5% | 9.27 | 11042026 | 12.12 | 6042026 | 153 |
| BNO | United States Brent Oil Fund LP ETV | -15.4% | 60.40 | 11042026 | 71.39 | 11012026 | 3 |
| REET | iShares Global REIT ETF | -5.1% | 27.43 | 11042026 | 28.89 | 7262026 | 101 |
| IBIT | iShares Bitcoin Trust ETF | -7.5% | 45.33 | 11042026 | 49.01 | 9212026 | 44 |
| FBTC | Fidelity Wise Origin Bitcoin Fund | -7.6% | 69.60 | 11042026 | 75.31 | 9212026 | 44 |
| ETHA | iShares Ethereum Trust ETF | -9.4% | 54.74 | 11042026 | 60.45 | 9282026 | 37 |
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
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | VOO | Vanguard S&P 500 ETF | +$20.84B | +2.0% |
| 2 | SPYM | State Street SPDR Portfolio S&P 500 ETF | +$9.06B | +4.9% |
| 3 | SOXX | iShares Semiconductor ETF | +$6.1B | +13.7% ⚠ |
| 4 | VTI | Vanguard Morningstar Total Stock Market ETF | +$5.29B | +0.8% |
| 5 | MUB | iShares National Muni Bond ETF | +$5.04B | +9.7% |
| 6 | LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | +$4.97B | +17.1% |
| 7 | QQQM | Invesco NASDAQ 100 ETF | +$4.57B | +4.2% |
| 8 | SMH | VanEck Semiconductor ETF | +$3.68B | +5.3% |
| 9 | CNEQ | Alger Concentrated Equity ETF | +$3.46B | +58.4% |
| 10 | SPY | State Street SPDR S&P 500 ETF | +$3.46B | +0.4% |
Largest outflows
| # | Ticker | Name | Net flow | % of AUM |
|---|---|---|---|---|
| 1 | BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | -$2.48B | -4.9% |
| 2 | IQMM | ProShares - GENIUS Money Market ETF | -$2.38B | -12.6% |
| 3 | SHV | iShares Trust iShares 0-1 Year Treasury Bond ETF | -$2.23B | -9.5% |
| 4 | DRAM | Roundhill Memory ETF | -$2.23B | -11.6% |
| 5 | GLD | SPDR Gold Shares | -$1.93B | -1.4% |
| 6 | ETHA | iShares Ethereum Trust ETF | -$1.57B | -19.5% ⚠ |
| 7 | TLT | iShares 20+ Year Treasury Bond ETF | -$1.16B | -2.4% |
| 8 | VO | Vanguard Morningstar Mid-Cap ETF | -$1.14B | -1.1% |
| 9 | IWD | iShares Russell 1000 Value ETF | -$1.13B | -1.4% |
| 10 | TCAF | T. Rowe Capital Appreciation Equity ETF | -$947M | -11.2% |
Largest ETF fund flows across ~2647 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.
About CLIP
| Holdings Count: 27Expense Ratio: 0.07%Inception Date: 2023-06-20 | Global X - 1-3 Month T-Bill ETFThe Global X 1-3 Month T-Bill ETF, identified by its ticker CLIP, is designed to mirror the financial outcomes, encompassing both capital appreciation and income generated, of the Solactive 1-3 month US T-Bill Index. This objective is considered before accounting for any associated management fees or operational expenses.Asset Class: Cash & Cash Equivalents | ETF Website |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Profile
| Median | |
|---|---|
| Name | |
| Asset Class | - |
| AUM ($ Bil) | 32.0 |
| Expense Ratio | 0.15% |
| 10-D Avg Volume (Mil) | 6.46 |
| Latest Day Volume (Mil) | 8.97 |
| Holdings Count | 26 |
| Inception Date | - |
Fundamentals
| Median | |
|---|---|
| Name | |
| Net Asset Value | - |
| Premium/Discount | -0.3% |
| Distribution Yield | 3.7% |
| Sales Yield | - |
| Earnings Yield | - |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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