Global X 1-3 Month T-Bill UCITS ETF USD Accumulating
ISIN IE000GSIFIB0
|Ticker CLIP
TER
0.07% p.a.
Distribution policy
Accumulating
Replication
Full replication
Fund size
24 m
Holdings
9
Overview
Description
The Global X 1-3 Month T-Bill UCITS ETF USD Accumulating seeks to track the Solactive 1-3 month US T-Bill index. The Solactive 1-3 month US T-Bill index tracks US-Dollar denominated government bonds issued by the US Treasury. Time to maturity: 1-3 months.
Documents
Chart
Basics
Data
| Index | Solactive 1-3 month US T-Bill |
| Investment focus | Money Market, USD |
| Fund size | GBP 24 m |
| Total expense ratio | 0.07% p.a. |
| Replication | Physical (Full replication) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | - |
| Inception/ Listing Date | 6 December 2023 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | Global X |
| Fund Structure | Company With Variable Capital (SICAV) |
| UCITS compliance | Yes |
| Administrator | SEI Investments – Global Fund Services Limited |
| Investment Advisor | |
| Custodian Bank | Brown Brothers Harriman & Co. |
| Revision Company | PwC |
| Fiscal Year End | - |
| Swiss representative | 1741 Fund Solutions AG |
| Swiss paying agent | Tellco AG |
| Germany | Unknown |
| Switzerland | No ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the Global X 1-3 Month T-Bill UCITS ETF USD Accumulating.
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How do you like our ETF profile? Here you'll find our Questionnaire.
Holdings
Below you find information about the composition of the Global X 1-3 Month T-Bill UCITS ETF USD Accumulating.
Top Holdings
Weight of top holdings
92.85%
| US912797HE00 | 14.29% |
| US912797LC97 | 14.27% |
| US912797LD70 | 14.26% |
| US912797LS40 | 13.66% |
| US912797LT23 | 13.48% |
| US912797LE53 | 7.45% |
| US912797MD61 | 7.12% |
| US912797HP56 | 6.05% |
| US912797LK14 | 2.27% |
Countries
| Other | 100.00% |
Sectors
| Other | 92.84% |
As of 24/09/2024
Performance
Returns overview
| YTD | +6.50% |
| 1 month | +4.30% |
| 3 months | +6.23% |
| 6 months | +4.47% |
| 1 year | - |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | +5.87% |
| 2023 | - |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | - |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | - |
| Return per risk 3 years | - |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | - |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -5.80% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Borsa Italiana | EUR | CLIP | - - | - - | - |
| London Stock Exchange | GBP | CLPP | CLPP LN | GHCO/Virtu | |
| London Stock Exchange | USD | CLIP | CLIP LN | CLIP.L | GHCO/Virtu |
| SIX Swiss Exchange | CHF | CLIP | GHCO/Virtu | ||
| XETRA | EUR | C71P | C71P GY | GHCO/Virtu |
Further information
Further ETFs with similar investment focus
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| Xtrackers II USD Overnight Rate Swap UCITS ETF 1C | 318 | 0.10% p.a. | Accumulating | Swap-based |
| JPMorgan BetaBuilders US Treasury Bond 0-3 Months UCITS ETF USD (Acc) | 217 | 0.07% p.a. | Accumulating | Sampling |
| Amundi Fed Funds US Dollar Cash UCITS ETF Acc | 158 | 0.10% p.a. | Accumulating | Swap-based |
| iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) | 4 | 0.07% p.a. | Accumulating | Sampling |
Frequently asked questions
What is the name of CLIP?
The name of CLIP is Global X 1-3 Month T-Bill UCITS ETF USD Accumulating.
What is the ticker of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating?
The primary ticker of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating is CLIP.
What is the ISIN of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating?
The ISIN of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating is IE000GSIFIB0.
What are the costs of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating?
The total expense ratio (TER) of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating amounts to 0.07% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating?
The fund size of Global X 1-3 Month T-Bill UCITS ETF USD Accumulating is 24m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.