CLIP Fees and Costs — Global X 1-3 Month T-Bill ETF
Data updated: 2026-07-29
The net expense ratio is 0.07%. There are no sales loads or redemption fees. Portfolio turnover was 0%.
CLIP Fees and Expenses
Annual operating expenses and sales charges of CLIP. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CLIP Costs Over Time
On $10,000 invested in CLIP, assuming 5% a year before costs, total costs come to $45 over 5 years, cutting the return by 0.07% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.07%) | $7 | $23 | $41 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $24 | $45 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
CLIP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $13.0B
- Portfolio turnover (prospectus): 0%
- Securities on loan, average value: $40.1M
- Net income from securities lending: $83K (0.006% of average net assets)
CLIP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $4.6B | 35.24% |
| TD SECURITIES (USA) INC. | $3.5B | 26.74% |
| WELLS FARGO | $3.1B | 24.01% |
| MORGAN STANLEY & CO, INC | $1.1B | 8.75% |
| STONEX GROUP INC | $307.6M | 2.36% |
| BANK OF AMERICA | $194.9M | 1.49% |
| ICAP | $119.0M | 0.91% |
| UBS SECURITIES LLC | $63.6M | 0.49% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.