CLIP ETF — Global X 1-3 Month T-Bill ETF

Global X 1-3 Month T-Bill ETF (CLIP)

Updated October 12, 2026.

CLIP is a low-cost ETF. its distribution rate is 3.76%, its trailing-12-month yield is 3.73%, its expense ratio is 0.07%. Dividend Vision Distribution Safety Score™ is 77/100 (Generally safe). Total return is 16.0% over the past 3.3 years, 70.2 points behind SPY at 86.2%.

Global X 1-3 Month T-Bill ETF is an exchange-traded fund that tracks an index of U.S. Treasury bills with remaining maturities between one and three months, investing at least 80% of assets in these short-term government securities. The fund carries a very low expense ratio of 0.07% and distributes income monthly at a current rate in the mid-single-digit range. It appeals to conservative income investors seeking liquidity and minimal credit risk through direct exposure to short-duration Treasury obligations.

CLIP performance versus SPY

Price and return data through 2026-10-12.

Total return is 16.0% over the past 3.3 years, 70.2 points behind SPY at 86.2%. Over the past year its total return — price change plus distributions reinvested — is 3.8%.

CLIP key facts

Distribution Safety Score™

77 · Generally safe

Safety-Adjusted Yield

2.90%

Issuer

Global X

Asset type

ETF

Asset class

Fixed Income

Inception date

06/20/2023

Expense ratio

0.07%

Distribution rate

3.76%

Distribution frequency

Monthly

Trailing yield

3.73%

Last close

$100.17 (stale; as of 2026-10-12)

AUM

$2,361,812,086

Average volume

116933.0

Dividend

$0.314

Ex-dividend date

10/01/2026

Payment date

10/06/2026

Beta

-0.0018

How Dividend Vision calculates yield and returns

Distribution rate (3.76%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.73%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CLIP risks and drawbacks

CLIP's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window.

Who may consider CLIP — and who may not

CLIP may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare CLIP

CLIP vs similar funds:

• CLIP vs SGOV

Frequently asked questions

More securities from Global X.