CLIP vs JPST: Differences, Returns & Fees

On May 31, 2026 CLIP's duration was 0.1 years and JPST's 0.8; CLIP charges 0.07% to JPST's 0.18%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $42.8bn on Oct 20, 2026 for JPMorgan Ultra-Short Income ETF.

Ask IQ about this page

Ask IQ about CLIP and JPST

Answers cite the figures on this page.

CLIP costs 0.11 points a year less; their one-year returns differ by 0.3 points; JPST is 18.2 times larger.

CLIP vs JPST: Differences, Returns & Fees
CLIPJPST
Expense ratio0.07%0.18%
Net assets, as of Oct 12, 2026$2.3bn$42.5bn
Total return, 1 year+3.7%+3.4%
What it tracksSolactive 1-3 month US T-Bill IndexNo index, actively managed
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026.

+3.7%
CLIP total return, 1 year
+3.4%
JPST total return, 1 year
0.07%
CLIP expense ratio
0.18%
JPST expense ratio

Get JPST's fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-FB3DA41776

CLIP and JPST 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 JPST follows No index, actively managed.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated May 31, 2026).
  3. Number of holdings. CLIP holds 25 positions and JPST holds 824.

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.

What they hold in common

By the books each fund has filed, CLIP and JPST hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding CLIP JPST
Only in CLIP
TREASURY BILL 0.000000% 07/09/2026, due Jul 9, 2026 9.54%
TREASURY BILL 0.000000% 07/23/2026, due Jul 23, 2026 7.38%
TREASURY BILL 0.000000% 07/30/2026, due Jul 30, 2026 6.40%
TREASURY BILL 0.000000% 07/02/2026, due Jul 2, 2026 6.30%
TREASURY BILL 0.000000% 06/04/2026, due Jun 4, 2026 5.39%
TREASURY BILL 0.000000% 07/16/2026, due Jul 16, 2026 5.34%
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%
Only in JPST
U.S. Treasury Notes, due Feb 29, 2028 2.31%
U.S. Treasury Notes, due Sep 30, 2026 0.70%
Ventas Realty LP, due Jun 1, 2026 0.65%
Capital One Financial Corp., due Nov 2, 2027 0.59%
National Bank of Canada, due Apr 5, 2027 0.59%
Athene Global Funding, due Aug 27, 2026 0.58%
First Abu Dhabi Bank PJSC, due Nov 10, 2026 0.58%
Energy Transfer LP, due Jun 1, 2026 0.58%

Check overlap with more funds →

On the same fields

CLIP
Global X 1-3 Month T-Bill ETF
JPST
JPMorgan Ultra-Short Income ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year +3.7% +3.4%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +5.4 pts vs AGG
Expense ratio 0.07% 0.18%
Holdings 25 824
Net assets, CLIP as of Oct 12, 2026 and JPST as of Oct 20, 2026 $2.3bn $42.8bn

CLIP and JPST 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 JPST

JPST is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, CLIP or JPST?
In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and JPST +3.4%.
Which is cheaper, CLIP or JPST?
CLIP is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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