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CLIP vs VNLA: Differences, Returns & Fees

CLIP's duration was 0.1 years on May 31, 2026 and VNLA's 0.8 on Jul 31, 2026; CLIP charges 0.07% to VNLA's 0.23%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $3.3bn on Jul 31, 2026 for Janus Henderson Short Duration Income ETF.

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Answers cite the figures on this page.

CLIP costs 0.16 points a year less; their one-year returns differ by 0.1 points.

CLIP vs VNLA: Differences, Returns & Fees
CLIPVNLA
Expense ratio0.07%0.23%
Net assets, CLIP as of Oct 12, 2026 and VNLA as of Jul 31, 2026$2.3bn$3.3bn
Total return, 1 year+3.7%+3.6%
What it tracksSolactive 1-3 month US T-Bill IndexNo index, actively managed
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
+3.6%
VNLA total return, 1 year
0.07%
CLIP expense ratio
0.23%
VNLA expense ratio

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Client brief · page 1 of 2Report BR-2761F4E90D

CLIP and VNLA 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 VNLA follows No index, actively managed.
  2. Number of holdings. CLIP holds 25 positions and VNLA holds 336.
  3. Cost. CLIP charges 0.07% of assets a year and VNLA 0.23%, a gap of 0.16 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.

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On the same fields

CLIP
Global X 1-3 Month T-Bill ETF
VNLA
Janus Henderson Short Duration Income ETF
Where it sits Bond ETF Bond ETF
Issuer Global X Janus Henderson
What it is Tracks an index Actively managed
Total return, 1 year +3.7% +3.6%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +5.5 pts vs AGG
Expense ratio 0.07% 0.23%
Holdings 25 336
Net assets, CLIP as of Oct 12, 2026 and VNLA as of Jul 31, 2026 $2.3bn $3.3bn

CLIP and VNLA 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 VNLA

VNLA is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.23% a year.

Questions people ask

Which returned more over the last year, CLIP or VNLA?
In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and VNLA +3.6%.
Which is cheaper, CLIP or VNLA?
CLIP is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
CLIP vs FLRNCLIP vs FLTRCLIP vs GSYCLIP vs TBLLFLDR vs VNLADUSB vs VNLATBUX vs VNLAVNLA vs XHLF
CLIP on its own →VNLA on its own →Hold both: look the portfolio through →Rankings →CLIP dividend history →CLIP holdings →VNLA dividend history →VNLA 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 ↗VNLA filings on SEC EDGAR ↗VNLA prospectus with the expense ratio (SEC) ↗Janus Henderson website ↗

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

Open data

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