CLIP vs VRIG: Differences, Returns & Fees

CLIP's duration was 0.1 years on May 31, 2026 and VRIG's 0.3 on Jul 31, 2026; CLIP charges 0.07% to VRIG's 0.30%. Net assets: $2.3bn on Oct 12, 2026 for Global X 1-3 Month T-Bill ETF, and $1.9bn on Oct 20, 2026 for Invesco Variable Rate Investment Grade ETF.

Ask IQ about this page

Ask IQ about CLIP and VRIG

Answers cite the figures on this page.

CLIP costs 0.23 points a year less; their one-year returns differ by 0.6 points; CLIP is 1.2 times larger.

CLIP vs VRIG: Differences, Returns & Fees
CLIPVRIG
Expense ratio0.07%0.30%
Net assets, as of Oct 12, 2026$2.3bn$1.9bn
Total return, 1 year+3.7%+4.3%
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
+4.3%
VRIG total return, 1 year
0.07%
CLIP expense ratio
0.30%
VRIG expense ratio

Get VRIG'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-97DE1FF28D

CLIP and VRIG 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 VRIG follows No index, actively managed.
  2. Number of holdings. CLIP holds 25 positions and VRIG holds 363.
  3. Cost. CLIP charges 0.07% of assets a year and VRIG 0.30%, a gap of 0.23 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
Global X 1-3 Month T-Bill ETF
VRIG
Invesco Variable Rate Investment Grade ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year +3.7% +4.3%
Expense ratio 0.07% 0.30%
Holdings 25 363
Net assets, CLIP as of Oct 12, 2026 and VRIG as of Oct 20, 2026 $2.3bn $1.9bn

CLIP and VRIG 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 VRIG

VRIG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +4.3% with distributions reinvested. The prospectus expense ratio is 0.30% a year.

Questions people ask

Which returned more over the last year, CLIP or VRIG?
In the year to Oct 20, 2026, with distributions reinvested, CLIP returned +3.7% and VRIG +4.3%.
Which is cheaper, CLIP or VRIG?
CLIP is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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