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CLIP vs TFLO: Differences, Returns & Fees

CLIP's duration was 0.1 years on May 31, 2026 and TFLO's 0.0 on Jul 31, 2026; CLIP charges 0.07% to TFLO's 0.15%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $7.2bn on Oct 20, 2026 for iShares Treasury Floating Rate Bond ETF.

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Answers cite the figures on this page.

CLIP costs 0.08 points a year less; their one-year returns differ by 0.3 points; TFLO is 3.0 times larger.

CLIP vs TFLO: Differences, Returns & Fees
CLIPTFLO
Expense ratio0.07%0.15%
Net assets, as of Oct 12, 2026$2.3bn$7.1bn
Total return, 1 year+3.7%+4.0%
What it tracksSolactive 1-3 month US T-Bill IndexBloomberg U.S. Treasury Floating Rate Index
Holdings in commonreport dates differ

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

+3.7%
CLIP total return, 1 year
+4.0%
TFLO total return, 1 year
0.07%
CLIP expense ratio
0.15%
TFLO expense ratio

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Client brief · page 1 of 2Report BR-3CA2089645

CLIP and TFLO 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 TFLO follows Bloomberg U.S. Treasury Floating Rate Index.
  2. Number of holdings. CLIP holds 25 positions and TFLO holds 8.
  3. Size. CLIP has $2.3bn in net assets and TFLO $7.1bn (net assets, as of Oct 12, 2026); TFLO is 3.1 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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On the same fields

CLIP
Global X 1-3 Month T-Bill ETF
TFLO
iShares Treasury Floating Rate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer Global X iShares
What it is Tracks an index Tracks an index
Total return, 1 year +3.7% +4.0%
Its benchmark over the same days not measured +4.0% (USFR)
Gap to its benchmark not measured −0.1 pts vs USFR
Expense ratio 0.07% 0.15%
Holdings 25 8
Net assets, CLIP as of Oct 12, 2026 and TFLO as of Oct 20, 2026 $2.3bn $7.2bn

CLIP and TFLO 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 TFLO

TFLO tracks an index. Over the year to Oct 20, 2026 it returned +4.0% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, CLIP or TFLO?
In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and TFLO +4.0%.
Which is cheaper, CLIP or TFLO?
CLIP is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
CLIP vs TBILCLIP vs FTSMCLIP vs GBILCLIP vs ICSHFLDR vs TFLOIBTH vs TFLODUSB vs TFLOTBUX vs TFLO
CLIP on its own →TFLO on its own →Hold both: look the portfolio through →Rankings →CLIP dividend history →CLIP holdings →TFLO dividend history →TFLO holdings →Standards and sources →
Where these figures came from
CLIP filings on SEC EDGAR ↗CLIP prospectus with the expense ratio (SEC) ↗Global X page for CLIP ↗TFLO filings on SEC EDGAR ↗TFLO prospectus with the expense ratio (SEC) ↗iShares page for TFLO ↗

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 TFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/clip-vs-tflo

Open data

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