Global X 1-3 Month T-Bill ETF (CLIP) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CLIP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLIP
CLIP charges 0.07% annually. There are 4 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.92B | Sep 2022 | CLIP vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 748.21M | Sep 2022 | CLIP vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | CLIP vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | CLIP vs TRSY | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | 7.30B | Feb 2025 | CLIP vs VBIL |
Best Risk-Adjusted Alternatives to CLIP
CLIP has a PortfoliosLab risk / return rank of 100. There are 7 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 91.90B | May 2020 | CLIP vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.52B | Jan 2017 | CLIP vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 45.99B | May 2007 | CLIP vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.73B | Jan 2007 | CLIP vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 874.34M | Jun 2023 | CLIP vs BILZ |
Top Performing CLIP Alternatives (YTD)
CLIP is at 1.50% YTD. There are 28 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 2.39% | 22.70M | Mar 2023 | CLIP vs FUSI | |
| Yields for You Income Strategy A ETF | 2.34% | 23.54M | Jan 2025 | CLIP vs YFYA | |
| Neos Enhanced Income Cash Alternative ETF | 2.26% | 1.28B | Aug 2022 | CLIP vs CSHI | |
| Angel Oak Ultrashort Income ETF | 1.91% | 1.45B | Oct 2022 | CLIP vs UYLD | |
| Simplify Treasury Option Income ETF | 1.90% | 438.06M | Oct 2022 | CLIP vs BUCK |
Lowest Volatility Alternatives to CLIP
CLIP has 0.23% 1-year volatility. There are 5 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.19% | 2.52B | Jan 2017 | CLIP vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.20% | 91.90B | May 2020 | CLIP vs SGOV | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.73B | Jan 2007 | CLIP vs SHV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 45.99B | May 2007 | CLIP vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 874.34M | Jun 2023 | CLIP vs BILZ |
Lowest Drawdown Alternatives to CLIP
CLIP has a 1-year max drawdown of -0.03%. There are 9 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 91.90B | May 2020 | CLIP vs SGOV | |
| iShares 0-1 Year Treasury Bond ETF | -0.01% | 20.73B | Jan 2007 | CLIP vs SHV | |
| Invesco Short Term Treasury ETF | -0.01% | 2.52B | Jan 2017 | CLIP vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 45.99B | May 2007 | CLIP vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.01B | Feb 2014 | CLIP vs USFR |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, URA and span 12 categories. AUM among these funds goes as high as $14B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 88 | 7.88% | 8.41B | Dec 2013 | CLIP vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 15 | -2.28% | 7.99B | Sep 2023 | CLIP vs SHLD | |
| Global X Uranium ETF | Commodity Producers Equities | 34 | 17.93% | 7.06B | Nov 2010 | CLIP vs URA | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 81 | 35.98% | 10.85B | May 2018 | CLIP vs AIQ | |
| Global X Copper Miners ETF | Materials | 75 | 25.71% | 7.99B | Apr 2010 | CLIP vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 33 | 11.15% | 3.74B | Sep 2016 | CLIP vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 48 | 4.75% | 5.22B | Apr 2010 | CLIP vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 82 | 4.96% | 3.17B | Jun 2013 | CLIP vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 92 | 52.56% | 2.14B | Oct 2020 | CLIP vs DTCR | |
| Global X US Infrastructure Development ETF | Utilities Equities | 59 | 19.88% | 13.54B | Mar 2017 | CLIP vs PAVE |
Often Compared With CLIP
Investors most often compare CLIP with TBIL, BILS, VUSXX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare CLIP with Any Fund or Stock
Compare CLIP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLIP with funds that move differently
Global X 1-3 Month T-Bill ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLIP.
Explore CLIP Diversifiers