CLIP vs. SHCO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X 1-3 Month T-Bill ETF (CLIP) and Soho House & Co Inc. (SHCO).

CLIP is a passively managed fund by Global X that tracks the performance of the Solactive 1-3 month US T-Bill Index - USD. It was launched on Jun 20, 2023.

Performance

CLIP vs. SHCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X 1-3 Month T-Bill ETF (CLIP) and Soho House & Co Inc. (SHCO). The values are adjusted to include any dividend payments, if applicable.

CLIP vs. SHCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CLIP Global X 1-3 Month T-Bill ETF	0.86%	4.23%	5.26%	2.82%
SHCO Soho House & Co Inc.	0.33%	20.27%	4.63%	21.09%

Returns By Period

CLIP

• 1D: 0.01%
• 1M: 0.29%
• YTD: 0.86%
• 6M: 1.89%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SHCO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

CLIP vs. SHCO — 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.

CLIP vs. SHCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X 1-3 Month T-Bill ETF (CLIP) and Soho House & Co Inc. (SHCO). 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.

	CLIP	SHCO	Difference
Sharpe ratio Return per unit of total volatility	13.56	—	—
Sortino ratio Return per unit of downside risk	40.64	—	—
Omega ratio Gain probability vs. loss probability	11.02	—	—
Calmar ratio Return relative to maximum drawdown	74.34	—	—
Martin ratio Return relative to average drawdown	595.00	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CLIP	SHCO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	13.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	10.60	—	—

Correlation

The correlation between CLIP and SHCO is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

CLIP vs. SHCO - Dividend Comparison

CLIP's dividend yield for the trailing twelve months is around 4.03%, while SHCO has not paid dividends to shareholders.

	TTM	2025	2024	2023
CLIP Global X 1-3 Month T-Bill ETF	4.03%	4.14%	5.11%	2.75%
SHCO Soho House & Co Inc.	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	CLIP	SHCO	Difference
Max Drawdown Largest peak-to-trough decline	-0.08%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.05%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	0.00%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	—	—

Volatility

Volatility by Period

	CLIP	SHCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.45%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.45%	—	—