Global X 1-3 Month T-Bill ETF (CLIP) is an exchange-traded fund in the Ultrashort Bond category. It has $2.58B in assets, an expense ratio of 0.07% and a 3.90% dividend yield. The fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the underlying index. The underlying index is designed to measure the performance of public obligations of the U.S. Treasury that have a remaining maturity of greater than or equal to 1 month and less than 3 months.