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% | 758.60M | Sep 2022 | CLIP vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | CLIP vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | 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% | 8.40B | Feb 2025 | CLIP vs VBIL |
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 | 97.69B | May 2020 | CLIP vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | CLIP vs BIL | |
| Invesco Short Term Treasury ETF | 100 | 2.59B | Jan 2017 | CLIP vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | CLIP vs VBIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.03B | Jun 2023 | CLIP vs BILZ |
Top Performing CLIP Alternatives (YTD)
CLIP is at 1.91% YTD. There are 29 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 2.99% | 22.67M | Mar 2023 | CLIP vs FUSI | |
| CrossingBridge Ultra-Short Duration ETF | 2.92% | 14.84M | Sep 2021 | CLIP vs CUSD | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.66% | 1.45B | Aug 2022 | CLIP vs CSHI | |
| VanEck IG Floating Rate ETF | 2.54% | 2.89B | Apr 2011 | CLIP vs FLTR | |
| Simplify Treasury Option Income ETF | 2.36% | 474.96M | Oct 2022 | CLIP vs BUCK |
Lowest Volatility Alternatives to CLIP
CLIP has 0.22% 1-year volatility. There are 6 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% | 97.69B | May 2020 | CLIP vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | CLIP vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.59B | Jan 2017 | CLIP vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.21% | 8.40B | Feb 2025 | CLIP vs VBIL | |
| 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% | 46.75B | May 2007 | CLIP vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | CLIP vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 97.69B | May 2020 | CLIP vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.91B | Feb 2014 | CLIP vs USFR | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.02% | 7.68B | 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 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 | 9.09% | 8.37B | Dec 2013 | CLIP vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 10 | -6.37% | 6.91B | Sep 2023 | CLIP vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Technology Equities | 56 | 20.53% | 10.08B | May 2018 | CLIP vs AIQ | |
| Global X Uranium ETF | Uranium | 15 | -4.70% | 5.92B | Nov 2010 | CLIP vs URA | |
| Global X Copper Miners ETF | Copper | 54 | 3.92% | 6.98B | Apr 2010 | CLIP vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Robotics, Technology Equities | 18 | -0.94% | 3.44B | Sep 2016 | CLIP vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 31 | -10.96% | 4.14B | Apr 2010 | CLIP vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 89 | 6.88% | 3.22B | Jun 2013 | CLIP vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 84 | 35.04% | 2.25B | Oct 2020 | CLIP vs DTCR | |
| Global X US Infrastructure Development ETF | Industrials Equities | 50 | 17.87% | 14.01B | Mar 2017 | CLIP vs PAVE |
Often Compared With CLIP
Investors most often compare CLIP with TBIL, BILS, XBIL. These 20 comparison targets span 10 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