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 One Year Target Duration US Tr... | 0.03% | 841.59M | Sep 2022 | CLIP vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | CLIP vs XHLF | |
| 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 Ultra-Short Treasury ETF | 0.07% | 1.00B | Feb 2025 | CLIP vs VGUS |
Best Risk-Adjusted Alternatives to CLIP
CLIP has a PortfoliosLab risk / return rank of 100. There are 6 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 | 99.95B | May 2020 | CLIP vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | CLIP vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | CLIP vs GBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | CLIP vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 9.40B | Feb 2025 | CLIP vs VBIL |
Top Performing CLIP Alternatives (YTD)
CLIP is at 2.13% YTD. There are 30 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.26% | 22.73M | Mar 2023 | CLIP vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.96% | 1.54B | Aug 2022 | CLIP vs CSHI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | CLIP vs FLTR | |
| Angel Oak Ultrashort Income ETF | 2.61% | 1.55B | Oct 2022 | CLIP vs UYLD | |
| Thrivent Ultra Short Bond ETF | 2.58% | 218.28M | Feb 2025 | CLIP vs TUSB |
Lowest Volatility Alternatives to CLIP
CLIP has 0.22% 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 | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 99.95B | May 2020 | CLIP vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | CLIP vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.87B | Jan 2017 | CLIP vs TBLL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.70B | Jan 2007 | CLIP vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.03B | Jun 2023 | CLIP vs BILZ |
Lowest Drawdown Alternatives to CLIP
CLIP has a 1-year max drawdown of -0.02%. There are 3 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | CLIP vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 9.40B | Feb 2025 | CLIP vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | CLIP vs SGOV | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.70B | Feb 2014 | CLIP vs TFLO | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.59B | Sep 2016 | CLIP vs GBIL |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 14 categories. AUM among these funds goes as high as $15B.
Often Compared With CLIP
Investors most often compare CLIP with TBIL, BILS, USFR. These 20 comparison targets span 11 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