CLIP vs SGOV: Differences, Returns & Fees

On May 31, 2026 CLIP's duration was 0.1 years and SGOV's 0.1; CLIP charges 0.07% to SGOV's 0.09%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $116.5bn on Oct 20, 2026 for iShares 0-3 Month Treasury Bond ETF.

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Answers cite the figures on this page.

CLIP costs 0.02 points a year less; both returned +3.7% over a year; SGOV is far larger, $115.2bn against $2.3bn.

CLIP vs SGOV: Differences, Returns & Fees
CLIPSGOV
Expense ratio0.07%0.09%
Net assets, as of Oct 12, 2026$2.3bn$115.2bn
Total return, 1 year+3.7%+3.7%
What it tracksSolactive 1-3 month US T-Bill IndexICE 0-3 Month US Treasury Securities Index
Holdings in common76%

Holdings in common uses holdings dated May 31, 2026.

+3.7%
CLIP total return, 1 year
+3.7%
SGOV total return, 1 year
0.07%
CLIP expense ratio
0.09%
SGOV expense ratio

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Client brief · page 1 of 2Report BR-61A3D17358

CLIP and SGOV 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 SGOV follows ICE 0-3 Month US Treasury Securities Index.
  2. Size. CLIP has $2.3bn in net assets and SGOV $115.2bn (net assets, as of Oct 12, 2026); SGOV is 50.1 times larger.
  3. Holdings in common (similar). 76% of the weight is in the same securities (holdings dated May 31, 2026).

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 SGOV hold 76% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

half

76% in common

Positions both hold, largest shared weight first
Holding CLIP SGOV
TREASURY BILL 0.000000% 07/23/2026, due Jul 23, 2026 7.38% 6.76%
TREASURY BILL 0.000000% 06/02/2026, due Jun 2, 2026 5.14% 8.64%
TREASURY BILL 0.000000% 07/30/2026, due Jul 30, 2026 6.40% 5.08%
TREASURY BILL 0.000000% 07/02/2026, due Jul 2, 2026 6.30% 4.91%
TREASURY BILL 0.000000% 06/11/2026, due Jun 11, 2026 4.90% 4.46%
TREASURY BILL 0.000000% 06/16/2026, due Jun 16, 2026 4.22% 4.57%
TREASURY BILL 0.000000% 07/28/2026, due Jul 28, 2026 4.16% 8.33%
TREASURY BILL 0.000000% 07/16/2026, due Jul 16, 2026 5.34% 4.10%
TREASURY BILL 0.000000% 07/07/2026, due Jul 7, 2026 3.77% 7.09%
TREASURY BILL 0.000000% 06/18/2026, due Jun 18, 2026 4.70% 3.73%
TREASURY BILL 0.000000% 08/06/2026, due Aug 6, 2026 3.71% 4.58%
TREASURY BILL 0.000000% 06/09/2026, due Jun 9, 2026 3.64% 6.87%
Only in CLIP
TREASURY BILL 0.000000% 08/25/2026, due Aug 25, 2026 1.30%
TREASURY BILL 0.000000% 08/04/2026, due Aug 4, 2026 0.70%
TREASURY BILL 0.000000% 08/18/2026, due Aug 18, 2026 0.13%
Only in SGOV

Check overlap with more funds →

On the same fields

CLIP
Global X 1-3 Month T-Bill ETF
SGOV
iShares 0-3 Month Treasury Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index of 0-3 month T-bills
Total return, 1 year +3.7% +3.7%
Expense ratio 0.07% 0.09%
Holdings 25 23
Net assets, CLIP as of Oct 12, 2026 and SGOV as of Oct 20, 2026 $2.3bn $116.5bn

CLIP and SGOV 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 SGOV

SGOV tracks an index of 0-3 month T-bills. The prospectus expense ratio is 0.09% a year.

Questions people ask

Which returned more over the last year, CLIP or SGOV?
In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and SGOV +3.7%.
Which is cheaper, CLIP or SGOV?
CLIP is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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