CLIP vs GSY: Differences, Returns & Fees
CLIP's duration was 0.1 years on May 31, 2026 and GSY's 0.8 on Jul 31, 2026; CLIP charges 0.07% to GSY's 0.22%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $4.0bn on Oct 20, 2026 for Invesco Ultra Short Duration ETF.
CLIP costs 0.15 points a year less; both returned +3.7% over a year; GSY is 1.7 times larger.
| CLIP | GSY | |
|---|---|---|
| Expense ratio | 0.07% | 0.22% |
| Net assets, as of Oct 12, 2026 | $2.3bn | $3.9bn |
| Total return, 1 year | +3.7% | +3.7% |
| What it tracks | Solactive 1-3 month US T-Bill Index | No index, actively managed |
| Holdings in common | report dates differ | |
Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.
CLIP and GSY are built for the same job. How do they differ in cost, holdings and results?
- What each follows. CLIP follows Solactive 1-3 month US T-Bill Index and GSY follows No index, actively managed.
- Number of holdings. CLIP holds 25 positions and GSY holds 414.
- Cost. CLIP charges 0.07% of assets a year and GSY 0.22%, a gap of 0.15 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.
Take this comparison to a client
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.
On the same fields
CLIP and GSY 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 GSY
GSY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.7% with distributions reinvested, against +3.7% for its benchmark, the ICE BofA US Treasury Bill Index. The prospectus expense ratio is 0.22% a year.
Questions people ask
- Which returned more over the last year, CLIP or GSY?
- In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and GSY +3.7%.
- Which is cheaper, CLIP or GSY?
- CLIP is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
Cite this pageCitation, APA and Markdown
ETFIQ, CLIP against GSY, data as of Oct 20, 2026. https://etfiq.com/compare/any/clip-vs-gsy
ETFIQ. (Oct 20, 2026). CLIP against GSY. Retrieved from https://etfiq.com/compare/any/clip-vs-gsy
[CLIP against GSY (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/clip-vs-gsy)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.