BIL vs CLIP: Differences, Returns & Fees

BIL's duration was 0.2 years on Jun 30, 2026 and CLIP's 0.1 on May 31, 2026; CLIP charges 0.07% to BIL's 0.14%. Net assets: $51.1bn on Oct 20, 2026 for SPDR Bloomberg 1-3 Month T-Bill ETF, and $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF.

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Answers cite the figures on this page.

CLIP costs 0.07 points a year less; both returned +3.7% over a year; BIL is far larger, $51.0bn against $2.3bn.

BIL vs CLIP: Differences, Returns & Fees
BILCLIP
Expense ratio0.14%0.07%
Net assets, as of Oct 12, 2026$51.0bn$2.3bn
Total return, 1 year+3.7%+3.7%
What it tracks1-3 month T-billsSolactive 1-3 month US T-Bill Index
Holdings in commonreport dates differ

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+3.7%
BIL total return, 1 year
+3.7%
CLIP total return, 1 year
0.14%
BIL expense ratio
0.07%
CLIP expense ratio

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Client brief · page 1 of 2Report BR-F0B794BC84

BIL and CLIP are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. BIL follows 1-3 month T-bills and CLIP follows Solactive 1-3 month US T-Bill Index.
  2. Size. BIL has $51.0bn in net assets and CLIP $2.3bn (net assets, as of Oct 12, 2026); BIL is 22.2 times larger.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 BIL returned +3.7% and CLIP +3.7% with distributions reinvested, a gap of 0.0 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

BIL
SPDR Bloomberg 1-3 Month T-Bill ETF
CLIP
Global X 1-3 Month T-Bill ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of 1-3 month T-bills Tracks an index
Total return, 1 year +3.7% +3.7%
Expense ratio 0.14% 0.07%
Holdings 18 25
Net assets, BIL as of Oct 20, 2026 and CLIP as of Oct 12, 2026 $51.1bn $2.3bn

BIL and CLIP on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About BIL

BIL tracks an index of 1-3 month T-bills. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.14% a year.

About CLIP

CLIP tracks an index. The prospectus expense ratio is 0.07% a year.

Questions people ask

Which returned more over the last year, BIL or CLIP?
In the year to Oct 20, 2026, with distributions reinvested, BIL returned +3.7% and CLIP +3.7%.
Which is cheaper, BIL or CLIP?
CLIP is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, BIL against CLIP, data as of Oct 20, 2026. https://etfiq.com/compare/any/bil-vs-clip

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.