CLIP

1-3 Month T-Bill ETF

Overview Prices & Performance Holdings & Characteristics Documents

Reasons to Consider CLIP

Treasuries Exposure

By investing in short-term U.S. Treasury bills, CLIP offers an interest-bearing alternative to cash, with potentially lower credit and rate risk relative to other fixed income options.

Potential Tax Advantages

U.S. Treasury obligations provide potential tax efficiencies in which interest earned is exempt from state and local taxes.¹

ETF Efficiency

At a 0.07% expense ratio, CLIP provides exposure to a basket of U.S. Treasury bills with shorter maturities – all in one trade.

¹Interest from T-Bill is subject to federal tax and any distributions from the Fund may be taxable as ordinary income or capital gains

Key Information As of 10/04/24

Inception Date	06/20/23
Total Expense Ratio	0.07%
Net Assets	$758.97 million
NAV	$100.13

ETF Summary

The Global X 1-3 Month T-Bill ETF (CLIP) invests in a basket of Treasury bills issued by the U.S. government that have a remaining maturity of at least 1 month but less than 3 months. CLIP will primarily invest in Treasury bills, making it an attractive option for investors seeking to potentially minimize credit and interest rate risks.

ETF Objective

The Global X 1-3 Month T-Bill ETF (CLIP) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive 1-3 month US T-Bill Index.

Trading Details As of 10/04/24

Ticker	CLIP
B3 Trading Code
Bloomberg Index Ticker	SOLTBILL
CUSIP	37960A438
ISIN	US37960A4388
Primary Exchange	NYSE Arca
Shares Outstanding	7,579,931
Number of Holdings	27
30-Day Median Bid-Ask Spread	0.01%

Distributions As of 10/04/24

30-Day SEC Yield	5.05%
Distribution Frequency	Monthly

ETF Prices As of 10/04/24

NAV	$100.13	Daily Change	$0.04	0.04%
Market Price	$100.15	Daily Change	$0.02	0.02%

Cumulative Returns (as of 09/30/24)	1 Month	6 Months	YTD	12 Months	24 Months	Since Inception	Inception Date
Return CLIP	0.42%	2.71%	4.04%	5.47%	7.02%	7.02%	06/20/23

Returns (as of 10/03/24)	Return CLIP	Return Index
Since Inception	7.06%	7.13%
12 Months	5.02%	4.74%
24 Months	7.07%	6.65%
Last 60 Trading Days	1.25%	1.19%
Last 75 Trading Days	1.59%	1.53%

Monthly Returns (through 10/03/24)	Return CLIP	Return Index
Oct 2024	0.04%	0.04%
Sep 2024	0.42%	0.42%
Aug 2024	0.48%	0.46%
Jul 2024	0.45%	0.41%
Jun 2024	0.40%	0.44%
May 2024	0.48%	0.40%
Apr 2024	0.44%	0.37%
Mar 2024	0.44%	0.41%
Feb 2024	0.41%	0.35%
Jan 2024	0.44%	0.37%
Dec 2023	0.49%	0.51%
Nov 2023	0.41%	0.45%
Oct 2023	0.47%	0.47%
Sep 2023	0.45%	0.44%
Aug 2023	0.44%	0.42%
Jul 2023	0.41%	0.34%
Jun 2023	0.16%	0.14%
May 2023	0.00%	0.00%
Apr 2023	0.00%	0.00%
Mar 2023	0.00%	0.00%
Feb 2023	0.00%	0.00%
Jan 2023	0.00%	0.00%
Dec 2022	0.00%	0.00%
Nov 2022	0.00%	0.00%
Oct 2022	0.00%	0.00%

NAV & Index Chart

Net Assets (%)	Name	Country	SEDOL	Market Price ($)	Shares Held	Market Value ($)
11.18	B 11/29/24	United States	BNTC7G2	0.99	86,810,000	86,215,526.86
9.61	B 11/14/24	United States	BSQLDT2	1.00	74,460,000	74,088,532.46
7.76	B 11/07/24	United States	BSMR3S3	1.00	60,060,000	59,815,954.00
7.71	B 12/26/24	United States	BRT4MJ4	0.99	60,020,000	59,418,549.78
6.96	B 12/19/24	United States	BSNTQT0	0.99	54,175,000	53,679,767.36
6.47	B 11/05/24	United States	BSMNYR7	1.00	50,101,000	49,910,941.86
6.38	B 11/21/24	United States	BPZRNQ7	0.99	49,445,000	49,155,128.69
5.95	B 11/12/24	United States	BS6VKB3	1.00	46,070,000	45,852,670.30
5.32	B 11/26/24	United States	BNM9J42	0.99	41,250,000	40,980,633.79
4.24	B 12/05/24	United States	BNNRNL0	0.99	32,900,000	32,655,744.81
3.72	B 10/29/24	United States	BPLQGP8	1.00	28,740,000	28,656,626.98
3.67	B 10/08/24	United States	BR3T9K5	1.00	28,280,000	28,276,327.56
3.33	B 12/03/24	United States	BP09197	0.99	25,875,000	25,685,027.82
3.21	B 01/02/25	United States	BR2NPB1	0.99	25,000,000	24,727,030.00
2.52	B 10/31/24	United States	BN71QC0	1.00	19,500,000	19,438,659.44
2.48	B 10/22/24	United States	BSY1576	1.00	19,180,000	19,141,975.65
2.46	B 12/31/24	United States	BSFSHT2	0.99	19,150,000	18,945,600.56
2.18	B 10/24/24	United States	BLDCKB0	1.00	16,822,000	16,784,015.76
2.18	B 11/19/24	United States	BSWW1F1	0.99	16,875,000	16,780,023.79
2.13	B 10/17/24	United States	BRJFGY0	1.00	16,450,000	16,428,416.94
1.86	B 10/15/24	United States	BS4CW45	1.00	14,390,000	14,374,858.55
1.42	B 12/12/24	United States	BSLSTS9	0.99	11,075,000	10,983,631.25
0.60	B 12/24/24	United States	BQB3TD5	0.99	4,700,000	4,654,010.17
0.37	B 12/10/24	United States	BNDT156	0.99	2,850,000	2,827,276.01
0.37	B 12/17/24	United States	BMYDYZ1	0.99	2,850,000	2,824,888.94
0.01	CASH	United States		1.00	94,385	94,384.76
-4.08	OTHER PAYABLE & RECEIVABLES	United States		1.00	-31,414,150	-31,414,150.49

Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Documents

Latest Premium / Discount As of 10/04/24

NAV	$100.13
Market Price	$100.15
Premium / (Discount)	$0.02

Current View 2024 Q4 As of 10/04/24

Days at Premium	4
Days at NAV	0
Days at Discount	0
Greatest Premium	0.04%
Greatest Discount	0.00%

Daily Premium / Discount History As of 10/04/24

Hover over the chart points for details

View Chart Explanation

Download Chart Data (.CSV)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.