BMNU vs. CLIP

Last updated Jun 5, 2026

BMNU (T-REX 2X Long BMNR Daily Target ETF) and CLIP (Global X 1-3 Month T-Bill ETF) are both exchange-traded funds - BMNU is a Leveraged Equities fund actively managed by REX, while CLIP is a Ultrashort Bond fund tracking the Solactive 1-3 month US T-Bill Index - USD. BMNU is actively managed, while CLIP is passively managed. At a correlation of -0.07, they often move in opposite directions. BMNU charges 1.50%/yr vs 0.07%/yr for CLIP.

Performance

BMNU vs. CLIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long BMNR Daily Target ETF (BMNU) and Global X 1-3 Month T-Bill ETF (CLIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BMNU achieves a -73.22% return, which is significantly lower than CLIP's 1.52% return.

BMNU

• 1D: 10.82%
• 1M: -43.61%
• YTD: -73.22%
• 6M: -86.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLIP

• 1D: 0.01%
• 1M: 0.30%
• YTD: 1.52%
• 6M: 1.80%
• 1Y: 3.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BMNU vs. CLIP - Yearly Performance Comparison

	2026 (YTD)	2025
BMNU T-REX 2X Long BMNR Daily Target ETF	-73.22%	-81.57%
CLIP Global X 1-3 Month T-Bill ETF	1.52%	1.04%

Correlation

The correlation between BMNU and CLIP is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	-0.07

Return for Risk

BMNU vs. CLIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLIP

CLIP Risk / Return Rank: 100
CLIP Sharpe Ratio Rank: 100
CLIP Sortino Ratio Rank: 100
CLIP Omega Ratio Rank: 100
CLIP Calmar Ratio Rank: 100
CLIP Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMNU vs. CLIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long BMNR Daily Target ETF (BMNU) and Global X 1-3 Month T-Bill ETF (CLIP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BMNU	CLIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	17.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	10.71	-11.24

Drawdowns

BMNU vs. CLIP - Drawdown Comparison

The maximum BMNU drawdown since its inception was -97.05%, which is greater than CLIP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for BMNU and CLIP.

Drawdown Indicators

	BMNU	CLIP	Difference
Max Drawdown Largest peak-to-trough decline	-97.05%	-0.08%	-96.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.03%	—
Current Drawdown Current decline from peak	-96.73%	0.00%	-96.73%
Average Drawdown Average peak-to-trough decline	-79.79%	-0.00%	-79.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	BMNU	CLIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	187.61%	0.23%	+187.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	187.61%	0.44%	+187.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	187.61%	0.44%	+187.17%

BMNU vs. CLIP - Expense Ratio Comparison

BMNU has a 1.50% expense ratio, which is higher than CLIP's 0.07% expense ratio.

Dividends

BMNU vs. CLIP - Dividend Comparison

BMNU has not paid dividends to shareholders, while CLIP's dividend yield for the trailing twelve months is around 3.91%.

Position	TTM	2025	2024	2023
BMNU T-REX 2X Long BMNR Daily Target ETF	0.00%	0.00%	0.00%	0.00%
CLIP Global X 1-3 Month T-Bill ETF	3.91%	4.14%	5.11%	2.75%

Frequently Asked Questions

Can I hold both BMNU and CLIP in my portfolio?

BMNU and CLIP have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BMNU or CLIP?

On fees, CLIP is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BMNU or CLIP?

CLIP is cheaper with a 0.07% expense ratio, compared with 1.50% for BMNU.

Which ETF pays a higher dividend yield, BMNU or CLIP?

CLIP has the higher dividend yield at 3.91%, compared with 0.00% for BMNU.

What is the main difference between BMNU and CLIP?

BMNU is categorized as Leveraged Equities, while CLIP is Ultrashort Bond. They also come from different issuers: REX and Global X. Their fees differ too: 1.50% for BMNU and 0.07% for CLIP.