Key stats
About Global X Funds Global X 1-3 Month T-Bill ETF
Home page
Inception date
Jun 20, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
CLIP provides vanilla exposure to ultra-short-maturing debt securities of the US Treasury market by holding a basket of T-Bills, selected and weighted by market value. In constructing the portfolio, only USD-denominated, zero-coupon bearing T-Bills with a time to maturity of one to three months are eligible for inclusion. As such, CLIP is an interest-bearing alternative to cash that offers potentially lower credit and interest rate risk. The interest earned is exempt from state and local taxes. The fund may also invest in money market funds, repurchase agreements, and cash and cash equivalents, while inflation-linked bonds are excluded. Investors should consider all options available in this space, the costs for this cash-like vehicle may exceed yield. The index is reconstituted and rebalanced on the last business day of each month.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CLIP trades at 100.24 USD today, its price has risen 0.01% in the past 24 hours. Track more dynamics on CLIP price chart.
CLIP net asset value is 100.19 today — it's risen 0.37% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CLIP assets under management is 1.50 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
and its yearly performance shows a 0.04% increase. See more dynamics on CLIP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.37% over the last month, showed a 1.02% increase in three-month performance and has increased by 4.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.37% over the last month, showed a 1.02% increase in three-month performance and has increased by 4.78% in a year.
CLIP fund flows account for 1.13 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CLIP invests in bonds. See more details in our Analysis section.
CLIP expense ratio is 0.07%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CLIP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CLIP technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CLIP shows the strong sell signal. See more of CLIP technicals for a more comprehensive analysis.
Today, CLIP technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CLIP shows the strong sell signal. See more of CLIP technicals for a more comprehensive analysis.
Yes, CLIP pays dividends to its holders with the dividend yield of 4.64%.
CLIP shares are issued by Mirae Asset Global Investments Co., Ltd.
CLIP follows the Solactive 1-3 month US T-Bill Index - USD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 20, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.