CLIP vs GBIL: Differences, Returns & Fees

On May 31, 2026 CLIP's duration was 0.1 years and GBIL's 0.4; CLIP charges 0.07% to GBIL's 0.12%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $7.9bn on Oct 19, 2026 for Goldman Sachs Access Treasury 0-1 Year ETF.

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Answers cite the figures on this page.

CLIP costs 0.05 points a year less; their one-year returns differ by 0.1 points; GBIL is 3.4 times larger.

CLIP vs GBIL: Differences, Returns & Fees
CLIPGBIL
Expense ratio0.07%0.12%
Net assets, as of Oct 12, 2026$2.3bn$7.9bn
Total return, 1 year+3.7%+3.6%
What it tracksSolactive 1-3 month US T-Bill Indexnot read by ETFIQ
Holdings in common25%

Holdings in common uses holdings dated May 31, 2026.

+3.7%
CLIP total return, 1 year
+3.6%
GBIL total return, 1 year
0.07%
CLIP expense ratio
0.12%
GBIL expense ratio

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Client brief · page 1 of 2Report BR-34A1449E48

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

  1. What each follows. CLIP follows Solactive 1-3 month US T-Bill Index and GBIL follows not read by ETFIQ.
  2. Holdings in common. 25% of the weight is in the same securities (holdings dated May 31, 2026).
  3. Size. CLIP has $2.3bn in net assets and GBIL $7.9bn (net assets, as of Oct 12, 2026); GBIL is 3.4 times larger.

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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What they hold in common

By the books each fund has filed, CLIP and GBIL hold 25% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

half

25% in common

Positions both hold, largest shared weight first
Holding CLIP GBIL
TREASURY BILL 0.000000% 07/16/2026, due Jul 16, 2026 5.34% 6.33%
TREASURY BILL 0.000000% 07/21/2026, due Jul 21, 2026 3.57% 6.33%
TREASURY BILL 0.000000% 07/28/2026, due Jul 28, 2026 4.16% 3.50%
TREASURY BILL 0.000000% 08/27/2026, due Aug 27, 2026 3.11% 9.32%
TREASURY BILL 0.000000% 07/30/2026, due Jul 30, 2026 6.40% 1.33%
TREASURY BILL 0.000000% 07/07/2026, due Jul 7, 2026 3.77% 1.33%
TREASURY BILL 0.000000% 07/14/2026, due Jul 14, 2026 3.45% 1.33%
TREASURY BILL 0.000000% 08/25/2026, due Aug 25, 2026 1.30% 3.40%
TREASURY BILL 0.000000% 07/09/2026, due Jul 9, 2026 9.54% 1.11%
TREASURY BILL 0.000000% 07/02/2026, due Jul 2, 2026 6.30% 1.03%
TREASURY BILL 0.000000% 08/04/2026, due Aug 4, 2026 0.70% 1.59%
TREASURY BILL 0.000000% 08/20/2026, due Aug 20, 2026 2.91% 0.44%
Only in CLIP
TREASURY BILL 0.000000% 06/04/2026, due Jun 4, 2026 5.39%
TREASURY BILL 0.000000% 06/02/2026, due Jun 2, 2026 5.14%
TREASURY BILL 0.000000% 06/11/2026, due Jun 11, 2026 4.90%
TREASURY BILL 0.000000% 06/18/2026, due Jun 18, 2026 4.70%
TREASURY BILL 0.000000% 06/16/2026, due Jun 16, 2026 4.22%
TREASURY BILL 0.000000% 06/25/2026, due Jun 25, 2026 4.09%
TREASURY BILL 0.000000% 08/06/2026, due Aug 6, 2026 3.71%
TREASURY BILL 0.000000% 06/09/2026, due Jun 9, 2026 3.64%
Only in GBIL
B 0 09/22/26, due Sep 22, 2026 7.64%
T 4.125 01/31/27, due Jan 31, 2027 4.67%
T 3.5 09/30/26, due Sep 30, 2026 3.84%
T 3.875 03/31/27, due Mar 31, 2027 3.67%
T 3.75 04/30/27, due Apr 30, 2027 3.67%
T 4.125 02/28/27, due Feb 28, 2027 3.33%
B 0 10/29/26, due Oct 29, 2026 2.82%
B 0 11/27/26, due Nov 27, 2026 2.75%

Check overlap with more funds →

On the same fields

CLIP
Global X 1-3 Month T-Bill ETF
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year +3.7% +3.6%
Expense ratio 0.07% 0.12%
Holdings 25 43
Net assets, CLIP as of Oct 12, 2026 and GBIL as of Oct 19, 2026 $2.3bn $7.9bn

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

About CLIP

CLIP tracks an index. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

About GBIL

GBIL tracks an index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.12% a year.

Questions people ask

Which returned more over the last year, CLIP or GBIL?
In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and GBIL +3.6%.
Which is cheaper, CLIP or GBIL?
CLIP is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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