Global X - 1-3 Month T-Bill ETF
CLIP
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Jun 22, 2023
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X Funds - 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund that provides exposure to a basket of U.S. Treasury bills with remaining maturities of at least one month but less than three months; it seeks to track the price and yield performance, before fees and expenses, of the Solactive 1-3 Month US T-Bill Index through a market value-weighted portfolio of highly liquid, USD-denominated zero-coupon Treasury bills issued by the U.S. government, each with a minimum outstanding value of $250 million. CLIP offers investors an interest-bearing cash alternative with a low expense ratio of 0.07%, monthly distributions, and potential state and local tax efficiencies on interest earned, while aiming to minimize credit and interest rate risks relative to longer-duration fixed income products; its portfolio emphasizes short-duration government securities for capital preservation and liquidity in varying market conditions. Launched on June 20, 2023, and listed on NYSE Arca, the ETF is managed by Global X Management Company LLC, a New York-based provider of exchange-traded funds founded in 2008 and headquartered at 605 Third Avenue, 43rd Floor, New York, New York; Global X operates as a subsidiary of Mirae Asset Financial Group and offers over 90 ETFs spanning thematic growth, income, commodities, fixed income, and international access strategies across U.S., Canadian, European, and other global markets. Global X continues to expand its fixed income and broader ETF platform, with recent launches including the Global X Investment Grade Corporate ETF (GXIG) in June 2025, an actively managed fund utilizing quantitative models and neural networks for investment-grade corporate bonds; the AI Semiconductor & Quantum ETF (CHPX) in October 2025, providing global exposure to semiconductors and quantum technologies powering AI; the PureCap product suite in July 2025 for uncapped sector exposures; and the Gold Miners ETF (AUAU) in December 2025, tracking the NYSE Arca Gold Miners Index for diversified precious metals mining exposure. In March 2025, Global X Investments Canada Inc. completed strategic changes to three Canadian ETFs, including name updates, index shifts to equal-weight benchmarks, and management fee reductions for the Equal Weight Canadian Pipelines Index ETF (PPLN) and Equal Weight Canadian Utilities Index ETF (UTIL). These developments reflect ongoing product innovation and adaptation to investor demand for income, thematic, and commodity solutions amid evolving interest rate environments and market concentrations, with the firm managing approximately $70 billion in assets as of late 2025.