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

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

CLIP is a low-cost ETF. As of August 19, 2026, its distribution rate is 3.68%, its trailing-12-month yield is 3.81%, its expense ratio is 0.07%. Dividend Vision Distribution Safety Score™ is 78/100 (Generally safe). Fund total return is 15.3% over the past 3.2 years, 67.2 points behind SPY at 82.5%.

At the current 3.68% distribution rate, a $10,000 investment would generate approximately $368 per year, or $30.67 per month on an equivalent basis.

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

Data as of August 19, 2026.

Fund total return is 15.3% over the past 3.2 years, 67.2 points behind SPY at 82.5%.

CLIP key facts

Data as of August 19, 2026.

Distribution Safety Score™

78 · Generally safe

Safety-Adjusted Yield

2.87%

Issuer

Global X

Asset type

ETF

Asset class

Fixed Income

Inception date

06/20/2023

Expense ratio

0.07%

Distribution rate

3.68%

Distribution frequency

Monthly

Trailing yield

3.81%

30-day SEC yield

3.58%

Last close

$100.24

AUM

$2,336,973,032

Average volume

541970.0

Last dividend

$0.3070

Ex-dividend date

08/03/2026

Payment date

08/06/2026

Beta

-0.0018

How Dividend Vision calculates yield and returns

Distribution rate (3.68%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.81%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (3.58%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Global X fund 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.

Frequently asked questions

More funds from Global X.