Performance analysis of CLIP (GLOBAL X 1-3 MONTH T-BILL ETF)
Annual Return
Over the past 3 years, CLIP has had an average annual return of +4.63%, underperforming the benchmark SPY, which returned +19.63% annual.
Since Jun 21, 2023, CLIP has had an average annual return of +4.65%, underperforming the benchmark SPY, which returned +20.68% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.99% | +4.23% | +5.25% | +2.82% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.29% | +0.27% | +0.29% | +0.30% | +0.32% | +0.29% | +0.21% | +1.99% | |||||
| 2025 | +0.35% | +0.34% | +0.36% | +0.30% | +0.38% | +0.35% | +0.33% | +0.38% | +0.35% | +0.36% | +0.31% | +0.34% | +4.23% |
| 2024 | +0.44% | +0.45% | +0.40% | +0.44% | +0.49% | +0.39% | +0.46% | +0.44% | +0.44% | +0.36% | +0.41% | +0.40% | +5.25% |
| 2023 | +0.18% | +0.39% | +0.46% | +0.43% | +0.40% | +0.48% | +0.45% | +2.82% |
Drawdown analysis of CLIP (GLOBAL X 1-3 MONTH T-BILL ETF)
The maximum drawdown for the CLIP was -0.09%, occurring on Apr 19, 2024. Recovery took 2 trading sessions.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -0.09% | Apr 16, 2024 | 3 | Apr 19, 2024 | 2 | Apr 23, 2024 | 5 |
| -0.08% | Oct 9, 2023 | 2 | Oct 11, 2023 | 2 | Oct 13, 2023 | 4 |
| -0.08% | Dec 18, 2023 | 1 | Dec 19, 2023 | 2 | Dec 21, 2023 | 3 |
| -0.08% | Apr 11, 2024 | 1 | Apr 12, 2024 | 2 | Apr 16, 2024 | 3 |
| -0.08% | May 15, 2024 | 1 | May 16, 2024 | 7 | May 28, 2024 | 8 |
| -0.06% | May 16, 2025 | 1 | May 19, 2025 | 2 | May 21, 2025 | 3 |
| -0.06% | Jun 23, 2023 | 2 | Jun 27, 2023 | 2 | Jun 29, 2023 | 4 |
| -0.05% | Apr 10, 2025 | 1 | Apr 11, 2025 | 4 | Apr 17, 2025 | 5 |
| -0.05% | May 13, 2024 | 1 | May 14, 2024 | 1 | May 15, 2024 | 2 |
| -0.04% | Jul 11, 2023 | 1 | Jul 12, 2023 | 1 | Jul 13, 2023 | 2 |
| -0.04% | Jul 13, 2023 | 1 | Jul 14, 2023 | 4 | Jul 20, 2023 | 5 |
| -0.04% | Sep 19, 2023 | 1 | Sep 20, 2023 | 1 | Sep 21, 2023 | 2 |
| -0.04% | Sep 21, 2023 | 1 | Sep 22, 2023 | 4 | Sep 28, 2023 | 5 |
| -0.04% | Oct 24, 2023 | 2 | Oct 26, 2023 | 1 | Oct 27, 2023 | 3 |
| -0.04% | Dec 7, 2023 | 1 | Dec 8, 2023 | 1 | Dec 11, 2023 | 2 |
| -0.04% | Dec 21, 2023 | 1 | Dec 22, 2023 | 3 | Dec 28, 2023 | 4 |
| -0.04% | Dec 29, 2023 | 1 | Jan 2, 2024 | 1 | Jan 3, 2024 | 2 |
| -0.04% | Jan 23, 2024 | 1 | Jan 24, 2024 | 1 | Jan 25, 2024 | 2 |
| -0.04% | Jan 26, 2024 | 1 | Jan 29, 2024 | 2 | Jan 31, 2024 | 3 |
| -0.04% | Feb 8, 2024 | 3 | Feb 13, 2024 | 2 | Feb 15, 2024 | 5 |
| -0.04% | Feb 26, 2024 | 1 | Feb 27, 2024 | 2 | Feb 29, 2024 | 3 |
| -0.04% | Mar 11, 2024 | 2 | Mar 13, 2024 | 1 | Mar 14, 2024 | 3 |
| -0.04% | Mar 15, 2024 | 3 | Mar 20, 2024 | 1 | Mar 21, 2024 | 4 |
| -0.04% | Mar 21, 2024 | 2 | Mar 25, 2024 | 1 | Mar 26, 2024 | 3 |
| -0.04% | Mar 27, 2024 | 1 | Mar 28, 2024 | 3 | Apr 3, 2024 | 4 |