Global X 1-3 Month T-Bill ETF (CLIP)
CLIP is a passive ETF by Global X tracking the investment results of the Solactive 1-3 month US T-Bill Index - USD. CLIP launched on Jun 20, 2023 and has a 0.07% expense ratio.
ETF Info
Jun 20, 2023
1x
Solactive 1-3 month US T-Bill Index - USD
Expense Ratio
CLIP has an expense ratio of 0.07%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Global X 1-3 Month T-Bill ETF (CLIP) returned 1.67% year-to-date (YTD) and 4.84% over the past 12 months.
CLIP
1.67%
0.32%
2.16%
4.84%
N/A
N/A
N/A
^GSPC (Benchmark)
0.68%
7.17%
-1.66%
11.63%
12.51%
14.34%
10.88%
Monthly Returns
The table below presents the monthly returns of CLIP, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.35% | 0.34% | 0.36% | 0.30% | 0.31% | 1.67% | |||||||
| 2024 | 0.44% | 0.45% | 0.40% | 0.44% | 0.48% | 0.39% | 0.46% | 0.45% | 0.44% | 0.37% | 0.41% | 0.40% | 5.26% |
| 2023 | 300.72% | 0.39% | 0.46% | 0.43% | 0.40% | 0.48% | 0.45% | 311.29% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 100, CLIP is among the top 0% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Global X 1-3 Month T-Bill ETF (CLIP) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Global X 1-3 Month T-Bill ETF provided a 4.73% dividend yield over the last twelve months, with an annual payout of $4.75 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $4.75 | $5.12 | $2.75 |
Dividend yield | 4.73% | 5.11% | 2.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X 1-3 Month T-Bill ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.36 | $0.35 | $0.35 | $0.35 | $1.41 | |||||||
| 2024 | $0.00 | $0.45 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.42 | $0.40 | $0.76 | $5.12 |
| 2023 | $0.05 | $0.44 | $0.49 | $0.43 | $0.45 | $0.89 | $2.75 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X 1-3 Month T-Bill ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Global X 1-3 Month T-Bill ETF was 0.08%, occurring on Oct 11, 2023. Recovery took 2 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.08% | Oct 11, 2023 | 1 | Oct 11, 2023 | 2 | Oct 13, 2023 | 3 |
| -0.08% | Apr 12, 2024 | 1 | Apr 12, 2024 | 2 | Apr 16, 2024 | 3 |
| -0.08% | May 16, 2024 | 1 | May 16, 2024 | 3 | May 21, 2024 | 4 |
| -0.08% | Dec 19, 2023 | 1 | Dec 19, 2023 | 2 | Dec 21, 2023 | 3 |
| -0.08% | Apr 19, 2024 | 1 | Apr 19, 2024 | 1 | Apr 22, 2024 | 2 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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