CLIP vs IPAC
Comparison between GLOBAL X 1-3 MONTH T-BILL ETF (CLIP, ETF) and ISHARES CORE MSCI PACIFIC ETF (IPAC, ETF).
CLIP vs IPAC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CLIP
$2.60B
Winner
IPAC
$2.70B
Expense Ratio
Winner
CLIP
0.07%
IPAC
0.09%
Max Drawdown
Winner
CLIP
0.56%
IPAC
35.11%
Sharpe Ratio
CLIP
-0.00
Winner
IPAC
1.01
5Y Beta
Winner
CLIP
-0.00
IPAC
0.81
5Y Dividends CAGR
CLIP
N/A
IPAC
16.42%
CLIP vs IPAC - Historical Returns
Returns include dividend reinvestment.
1M
CLIP
+0.35%
Winner
IPAC
+3.39%
3M
CLIP
+0.96%
Winner
IPAC
+5.11%
6M
CLIP
+1.83%
Winner
IPAC
+4.17%
1Y
CLIP
+3.87%
Winner
IPAC
+23.11%
5Y(CAGR)
CLIP
N/A
IPAC
+9.22%
10Y(CAGR)
CLIP
N/A
IPAC
+8.84%
Max(CAGR)
CLIP
+4.64%
Winner
IPAC
+7.53%
CLIP vs IPAC - Annual Returns (2014 - 2026)
Returns include dividend reinvestment.
| Year | CLIP | IPAC |
|---|---|---|
| 2026 | +2.31% | +16.35% |
| 2025 | +4.22% | +25.63% |
| 2024 | +5.30% | +7.18% |
| 2023 | +2.82% | +14.24% |
| 2022 | N/A | -13.68% |
| 2021 | N/A | +3.83% |
| 2020 | N/A | +11.23% |
| 2019 | N/A | +18.82% |
| 2018 | N/A | -13.52% |
| 2017 | N/A | +24.89% |
| 2016 | N/A | +6.70% |
| 2015 | N/A | +3.73% |
| 2014 | N/A | -5.19% |
CLIP vs IPAC Drawdown Comparison
The maximum drawdown for CLIP was -0.08%, occurring on Oct 11, 2023. Recovery took 4 trading sessions.
The maximum drawdown for IPAC was -30.99%, occurring on Mar 23, 2020. Recovery took 702 trading sessions.
The current IPAC drawdown is -1.75%.
| Rank | CLIP | IPAC |
|---|---|---|
| #1 | -0.08% Oct 9, 2023 - Oct 13, 2023 | -30.99% Jan 26, 2018 - Nov 9, 2020 |
| #2 | -0.08% Apr 11, 2024 - Apr 16, 2024 | -29.61% Sep 13, 2021 - Jul 12, 2024 |
| #3 | -0.08% Apr 16, 2024 - Apr 23, 2024 | -22.39% Apr 28, 2015 - Feb 10, 2017 |
| #4 | -0.08% Dec 18, 2023 - Dec 21, 2023 | -15.45% Sep 26, 2024 - May 12, 2025 |
| #5 | -0.08% May 15, 2024 - May 28, 2024 | -11.49% Feb 11, 2026 - Jun 16, 2026 |
| #6 | -0.06% Jun 23, 2023 - Jun 29, 2023 | -11.16% Jul 30, 2014 - Mar 18, 2015 |
| #7 | -0.05% May 16, 2025 - May 20, 2025 | -9.95% Jul 16, 2024 - Aug 23, 2024 |
| #8 | -0.05% Apr 10, 2025 - Apr 17, 2025 | -5.42% Oct 28, 2025 - Dec 15, 2025 |
| #9 | -0.04% Dec 30, 2024 - Jan 6, 2025 | -5.17% Feb 16, 2021 - Jun 7, 2021 |
| #10 | -0.04% Dec 7, 2023 - Dec 11, 2023 | -4.99% Oct 6, 2025 - Oct 27, 2025 |
| #11 | -0.04% May 9, 2024 - May 13, 2024 | -4.52% Jun 7, 2021 - Sep 3, 2021 |
| #12 | -0.04% Apr 8, 2024 - Apr 11, 2024 | -4.12% Aug 30, 2024 - Sep 19, 2024 |
| #13 | -0.04% May 13, 2024 - May 15, 2024 | -3.97% Jun 22, 2026 - Aug 4, 2026 |
| #14 | -0.04% Feb 8, 2024 - Feb 15, 2024 | -3.84% Jan 20, 2021 - Feb 8, 2021 |
| #15 | -0.04% Mar 11, 2024 - Mar 14, 2024 | -3.06% Jul 23, 2025 - Aug 7, 2025 |
Correlation
Correlation between CLIP and IPAC is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.
0.94
-101
Dividend Comparison (2014 - 2026)
CLIP vs IPAC dividend yield comparison.
| Year | CLIP | IPAC |
|---|---|---|
| 2026 | 2.13% | 1.03% |
| 2025 | 4.14% | 4.32% |
| 2024 | 5.11% | 3.43% |
| 2023 | 2.75% | 3.16% |
| 2022 | 0.00% | 2.76% |
| 2021 | 0.00% | 4.03% |
| 2020 | 0.00% | 1.68% |
| 2019 | 0.00% | 3.37% |
| 2018 | 0.00% | 2.95% |
| 2017 | 0.00% | 2.98% |
| 2016 | 0.00% | 2.66% |
| 2015 | 0.00% | 2.60% |
| 2014 | 0.00% | 0.96% |
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