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


Market Price (9/21/2026): $100.26

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


Market Price (9/21/2026): $100.26

Key Takeaways

  • CLIP has returned +2.3% YTD vs +12.3% for SPY; +3.4% over the past 12 months (SPY +15.7%). details →
  • Priced in gold, CLIP has returned -50.6% over the past 3 years, vs +13.8% in dollars — its dollar gains have lagged gold. details →
  • CLIP has seen negligible net fund flows over the past month (+0.0% of assets). details →
  • CLIP is trading at an all-time high. details →
  • Risk-adjusted returns trail SPY: 3-year Sharpe ratio of 0.5 vs 1.0. details →
Last updated: 9/20/2026.

Price Chart

Asset Allocation with CLIP

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+11.8%
Volatility
10.9%
Sharpe
0.82
YTD
+8.7%
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: 2.3% | Top 10: 2.3% | Top 20: 2.3%

HoldingETF Weight
B 12/10/26 (BXM7C47)2.29%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CLIP Return--3%5%4%2%15%
Peers Return-0%1%5%5%4%2%20%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
CLIP Win Rate--100%100%100%89% 
Peers Win Rate38%72%100%100%100%89% 
S&P 500 Win Rate75%42%67%75%67%44% 

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 9/18/2026 (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-2.450.530.66
Cash Top Results (3Y)   
ICSH-1.071.430.10
JPST-0.921.21-0.04
SGOV-3.131.06-0.34
TFLO-1.380.830.10
SHV-3.270.69-1.04

Results as of 8312026.

Current Dip Buy Opportunities Across ETFs

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

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
QQEWFirst Trust Nasdaq-100 Select Equal Weight ETF-5.6%157.729202026167.03813202638
IJHiShares Core S&P Mid-Cap ETF-7.2%72.98920202678.67816202635
VOVanguard Mid-Cap ETF-5.3%80.00920202684.46816202635
IWRiShares Russell Mid-Cap ETF-5.8%108.219202026114.82816202635
MDYState Street SPDR S&P MIDCAP 400 ETF Trust-7.0%666.689202026716.91816202635
SCHMSchwab U.S. Mid-Cap ETF-5.5%34.85920202636.87630202682
IVOOVanguard S&P Mid-Cap 400 ETF-6.9%123.969202026133.08816202635
IJRiShares Core S&P Small-Cap ETF-7.7%138.909202026150.44816202635
VBVanguard Small-Cap ETF-6.4%289.619202026309.29816202635
IWMiShares Russell 2000 ETF-6.9%284.109202026305.09816202635
SCHASchwab U.S. Small-Cap ETF-7.4%33.44920202636.13630202682
VTWOVanguard Russell 2000 ETF-6.6%115.169202026123.31816202635
DFASDimensional U.S. Small Cap ETF-6.4%79.11920202684.48816202635
ESMLiShares ESG Aware MSCI USA Small-Cap ETF-6.5%52.95920202656.64816202635
NUSCNuveen ESG Small-Cap ETF-6.9%49.57920202653.27816202635
AKREAkre Focus ETF-10.0%55.69920202661.85830202621
IWPiShares Russell Mid-Cap Growth ETF-7.2%137.089202026147.70817202634
VOTVanguard Mid-Cap Growth ETF-6.9%292.259202026314.02816202635
IJKiShares S&P Mid-Cap 400 Growth ETF-7.8%109.819202026119.11817202634
MDYGState Street SPDR S&P 400 Mid Cap Growth ETF-7.7%104.949202026113.69817202634
IWOiShares Russell 2000 Growth ETF-8.5%362.099202026395.65816202635
VBKVanguard Small-Cap Growth ETF-7.6%338.369202026366.24817202634
IJTiShares S&P Small-Cap 600 Growth ETF-9.0%163.019202026179.07804202647
SLYGState Street SPDR S&P 600 Small Cap Growth ETF-8.7%109.089202026119.50804202647
IWSiShares Russell Mid-Cap Value ETF-5.3%164.189202026173.44816202635
IJJiShares S&P Mid-Cap 400 Value ETF-6.7%141.529202026151.67816202635
MDYVState Street SPDR S&P 400 Mid Cap Value ETF-6.2%91.40920202697.39816202635
VBRVanguard Small-Cap Value ETF-5.5%237.749202026251.66816202635
AVUVAvantis U.S. Small Cap Value ETF-5.3%121.969202026128.74804202647
IWNiShares Russell 2000 Value ETF-5.2%215.589202026227.43816202635
IJSiShares S&P Small-Cap 600 Value ETF-6.6%131.359202026140.68816202635
SLYVState Street SPDR S&P 600 Small Cap Value ETF-6.2%105.249202026112.22816202635
VIOVVanguard S&P Small-Cap 600 Value ETF-6.3%113.139202026120.76816202635
VGKVanguard FTSE Europe ETF-5.1%88.21920202692.96825202626
IEMGiShares Core MSCI Emerging Markets ETF-5.0%81.66920202686.00622202690
EEMiShares MSCI Emerging Markets ETF-5.9%67.03920202671.21622202690
ASHRXtrackers Harvest CSI 300 China A-Shares ETF-9.5%33.77920202637.30622202690
EWYiShares MSCI South Korea ETF-17.3%181.319202026219.20621202691
EWZiShares MSCI Brazil ETF-10.1%37.52920202641.734142026159
FXIiShares China Large-Cap ETF-10.3%34.32920202638.265132026130
ILFiShares Latin America 40 ETF-8.0%35.04920202638.104142026159
KWEBKraneShares CSI China Internet ETF-18.8%24.83920202630.595132026130
SDYState Street SPDR S&P Dividend ETF-5.3%150.789202026159.18824202627
NOBLProShares S&P 500 Dividend Aristocrats ETF-5.8%55.66920202659.07824202627
MTUMiShares MSCI USA Momentum Factor ETF-10.3%309.629202026345.22622202690
SPHQInvesco S&P 500 Quality ETF-6.8%83.93920202690.10630202682
FNDASchwab Fundamental U.S. Small Company ETF-7.1%35.79920202638.52816202635
SPMOInvesco S&P 500 Momentum ETF-7.7%149.219202026161.66622202690
URAGlobal X Uranium ETF-28.5%41.65920202658.265062026137
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-15.7%35.11920202641.635132026130
ROBOROBO Global Robotics & Automation Index ETF-13.1%78.50920202690.346022026110
LITGlobal X Lithium & Battery Tech ETF-23.1%70.50920202691.625112026132
ICLNiShares Global Clean Energy ETF-26.1%17.56920202623.756022026110
ARKQARK Autonomous Technology & Robotics ETF-15.0%122.209202026143.825282026115
ARKXARK Space & Defense Innovation ETF-14.9%32.12920202637.745282026115
NASATema Space Innovators ETF-42.9%23.94920202641.895272026116
AGIXKraneShares Artificial Intelligence ETF-5.8%46.55920202649.406012026111
DRSKAptus Defined Risk ETF-6.3%27.81920202629.676012026111
YYYAmplify CEF High Income ETF-6.3%10.83920202611.56712202670
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-6.3%66.78920202671.30825202626
XLIState Street Industrial Select Sector SPDR ETF-9.0%169.759202026186.51816202635
XLCState Street Communication Services Select Sector SPDR ETF-7.0%110.819202026119.104192026154
XLYState Street Consumer Discretionary Select Sector SPDR ETF-9.0%111.039202026122.065282026115
XLPState Street Consumer Staples Select Sector SPDR ETF-5.3%82.80920202687.45824202627
XLUState Street Utilities Select Sector SPDR ETF-12.8%41.10920202647.154092026164
XLBState Street Materials Select Sector SPDR ETF-6.9%49.99920202653.67826202625
IYJiShares U.S. Industrials ETF-8.3%155.729202026169.86804202647
IYMiShares U.S. Basic Materials ETF-7.2%182.379202026196.45825202626
SMHVanEck Semiconductor ETF-14.3%573.009202026668.91622202690
SOXXiShares Semiconductor ETF-18.6%533.079202026655.01622202690
IBBiShares Biotechnology ETF-5.7%204.569202026216.96819202632
XBIState Street SPDR S&P Biotech ETF-7.6%156.729202026169.55819202632
ITAiShares U.S. Aerospace & Defense ETF-15.6%213.849202026253.22816202635
IGViShares Expanded Tech-Software Sector ETF-5.4%104.359202026110.32827202624
IYTiShares U.S. Transportation ETF-10.8%80.27920202690.01716202666
IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF-6.7%184.809202026198.06903202617
KREState Street SPDR S&P Regional Banking ETF-6.6%72.75920202677.93816202635
MISLFirst Trust Indxx Aerospace & Defense ETF-13.8%42.38920202649.195282026115
RINGiShares MSCI Global Gold Miners ETF-9.7%84.09920202693.17825202626
SOXQInvesco PHLX Semiconductor ETF-18.5%93.869202026115.11622202690
TLTiShares 20+ Year Treasury Bond ETF-6.4%81.25920202686.78629202683
VGLTVanguard Long-Term Treasury ETF-5.5%52.07920202655.12629202683
SPTLState Street SPDR Portfolio Long Term Treasury ETF-5.9%24.77920202626.33629202683
TLHiShares 10-20 Year Treasury Bond ETF-5.4%95.169202026100.56629202683
EDVVanguard World Funds Extended Duration ETF-8.9%59.63920202665.43624202688
SPLBState Street SPDR Portfolio Long Term Corporate Bond ETF-5.4%21.19920202622.40629202683
IGLBiShares 10+ Year Investment Grade Corporate Bond ETF-5.2%47.44920202650.05629202683
LMUBiShares Long-Term National Muni Bond ETF-6.5%47.67920202651.00705202677
GSGiShares GSCI Commodity-5.4%30.01920202631.723222026182
GLDSPDR Gold Trust-10.0%401.179202026445.934192026154
IAUiShares Gold Trust-10.0%82.23920202691.344192026154
GLDMSPDR Gold MiniShares Trust-9.8%86.59920202696.044192026154
SLViShares Silver Trust-24.5%59.93920202679.355132026130
PPLTETFS Physical Platinum Shares-16.6%16.31920202619.555132026130
PALLETFS Physical Palladium Shares-18.0%23.69920202628.894142026159
UNGUnited States Natural Gas Fund LP-16.0%10.41920202612.393222026182
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85920202660.135042026139
VNQVanguard Real Estate ETF-8.0%92.919202026100.95728202654
XLREState Street Real Estate Select Sector SPDR ETF-7.6%42.53920202646.01728202654
SCHHSchwab U.S. REIT ETF-8.5%22.74920202624.86726202656
IYRiShares U.S. Real Estate ETF-8.6%98.009202026107.26728202654
REETiShares Global REIT ETF-9.2%26.22920202628.89726202656
USRTiShares Core U.S. REIT ETF-10.1%62.80920202669.82726202656

ETF Fund Flows

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

Net fund flows · as of 2026-09-18

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$34.5B), followed by Bond (+$13.2B), while Real Estate (−$278M) saw the largest outflows.
  • Within the mix, money rotated into US Total Market (+$10.0B) and out of US Large Cap Core (−$11.7B).
  • Relative to fund size, CNEQ drew the largest inflow (+48.1% of AUM) and XOVR the largest outflow (−27.5%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$53.06B+5.0%
2VTIVanguard Morningstar Total Stock Market ETFEquity US Total Market+$9.94B+1.4%
3SPMOInvesco S&P 500 Momentum ETFEquity Factor Smart Beta+$6.94B+31.2%
4SGOViShares 0-3 Month Treasury Bond ETFCash+$6.43B+6.0%
5VUGVanguard Morningstar Growth ETFEquity US Large Growth+$4.56B+2.0%
6VGSHVanguard Short-Term Treasury ETFBond Short Treasury+$4.38B+12.6%
7VOVanguard Morningstar Mid-Cap ETFEquity US Mid Cap Core+$4.22B+3.9%
8VFLOVictoryShares Free Cash Flow ETFOther+$3.58B+32.4%
9SOXXiShares Semiconductor ETFEquity Industry Subsector+$3.18B+7.5%
10SCHDSchwab U.S. Dividend Equity ETFEquity Dividend Income+$3.09B+2.8%
Largest outflows
#TickerNameTypeNet flow% of AUM
1IVViShares Core S&P 500 ETFEquity US Large Cap Core-$43.24B-5.0%
2SPYState Street SPDR S&P 500 ETFEquity US Large Cap Core-$24.87B-3.1%
3QQQInvesco QQQ Trust, Series 1Equity US Nasdaq Growth-$6.68B-1.4%
4LQDiShares iBoxx $ Investment Grade Corporate Bond ETFBond Intermediate Corporate-$4.83B-16.2%
5XLFState Street Financial Select Sector SPDR ETFEquity Broad Sector-$2.99B-5.5%
6VGITVanguard Intermediate-Term Treasury ETFBond Intermediate Treasury-$2.75B-6.9%
7DRAMRoundhill Memory ETFOther-$2.3B-8.9%
8GOVTiShares U.S. Treasury Bond ETFBond Intermediate Treasury-$2.22B-5.3%
9EWYiShares MSCI South Korea ETFEquity Emerging Markets-$1.97B-7.2%
10IWMiShares Russell 2000 ETFEquity US Small Cap Core-$1.73B-2.2%

Largest ETF fund flows across ~2632 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About CLIP

0Holdings Count: 23
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)2.4109.446.941.521.219.231.3
Expense Ratio0.07%0.09%0.14%0.18%0.15%0.15%0.15%
10-D Avg Volume (Mil)0.3420.669.616.302.605.045.67
Latest Day Volume (Mil)0.1610.886.124.021.415.154.59
Holdings Count24243379616624
Inception Date6/20/20235/25/20205/25/20075/17/20171/4/20072/4/2014-

Fundamentals

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
Net Asset Value100.17100.5191.4750.33110.1450.44-
Premium/Discount0.1%0.1%0.1%0.1%0.1%0.1%0.1%
Distribution Yield3.8%3.7%3.7%4.2%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)0.4%0.3%0.4%0.6%0.4%0.4%0.4%
Volatility (3Y)0.5%0.3%0.3%0.6%0.3%0.4%0.3%
Volatility (5Y)0.5%0.3%0.3%0.6%0.3%0.4%0.4%
Beta (1Y)0.00-0.000.000.010.00-0.000.00
Beta (3Y)-0.000.00-0.000.000.00-0.00-0.00
Beta (5Y)-0.00-0.000.000.000.00-0.00-0.00
Sharpe Ratio (1Y)8.879.868.984.958.958.358.91
Sharpe Ratio (3Y)9.4415.6514.707.8714.4612.0213.24
Sharpe Ratio (5Y)9.5213.2711.925.9410.649.0210.08
Max Drawdown (1Y)-0.3%-0.3%-0.3%-0.4%-0.3%-0.3%-0.3%
Max Drawdown (3Y)-0.3%-0.3%-0.3%-0.4%-0.3%-0.3%-0.3%
Max Drawdown (5Y)-0.3%-0.3%-0.3%-0.8%-0.4%-0.3%-0.3%

Returns

CLIPSGOVBILJPSTSHVUSFRMedian
NameGlobal X 1.iShares 0-.State Stre.JPMorgan U.iShares Tr.WisdomTree. 
1M Return-0.0%0.0%-0.0%-0.3%-0.1%0.0%-0.0%
3M Return0.6%0.6%0.6%0.4%0.6%0.7%0.6%
6M Return1.5%1.5%1.5%1.4%1.5%1.6%1.5%
YTD Return2.3%2.3%2.2%1.9%2.2%2.5%2.3%
1Y Return3.5%3.5%3.4%3.2%3.3%3.8%3.4%
2Y Return8.1%8.1%8.0%8.3%7.9%8.5%8.1%
3Y Return14.0%14.1%13.8%15.3%13.8%14.4%14.0%

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 8152026-49.0%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest1