SPYX vs CLIP

Comparison between STATE STREET(R) SPDR(R) S&P 500(R) FOSSIL FUEL RESERVES FREE ETF (SPYX, ETF) and GLOBAL X 1-3 MONTH T-BILL ETF (CLIP, ETF).

SPYX vs CLIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPYX(ETF)	CLIP(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	0.20%	0.07%
Max Drawdown	33.23%	0.56%
Sharpe Ratio	1.45	0.78
5Y Beta	0.99	-0.00
P/E Ratio	27.87	N/A
Forward P/E	22.36	N/A
5Y Dividends CAGR	4.43%	N/A
5Y EPS CAGR	25.10%	N/A
Debt to Equity	31.09%	N/A
P/S Ratio	3.69	N/A
P/B Ratio	5.67	N/A

Net Assets

SPYX

$2.80B

CLIP

$2.80B

Expense Ratio

SPYX

0.20%

Winner

CLIP

0.07%

Max Drawdown

SPYX

33.23%

Winner

CLIP

0.56%

Sharpe Ratio

Winner

SPYX

1.45

CLIP

0.78

5Y Beta

SPYX

0.99

Winner

CLIP

-0.00

P/E Ratio

SPYX

27.87

CLIP

N/A

Forward P/E

SPYX

22.36

CLIP

N/A

5Y Dividends CAGR

SPYX

4.43%

CLIP

N/A

5Y EPS CAGR

SPYX

25.10%

CLIP

N/A

Debt to Equity

SPYX

31.09%

CLIP

N/A

P/S Ratio

SPYX

3.69

CLIP

N/A

P/B Ratio

SPYX

5.67

CLIP

N/A

SPYX vs CLIP - Historical Returns

Returns include dividend reinvestment.

Period	SPYX	CLIP
1 month	+0.46%	+0.27%
3 months	+10.94%	+0.91%
6 months	+10.25%	+1.79%
1 year	+24.88%	+3.93%
5 years(CAGR)	+13.05%	N/A
10 years(CAGR)	+15.52%	N/A
Max(CAGR)	+14.58%	+4.68%

Winner

SPYX

+0.46%

CLIP

+0.27%

Winner

SPYX

+10.94%

CLIP

+0.91%

Winner

SPYX

+10.25%

CLIP

+1.79%

Winner

SPYX

+24.88%

CLIP

+3.93%

5Y(CAGR)

SPYX

+13.05%

CLIP

N/A

10Y(CAGR)

SPYX

+15.52%

CLIP

N/A

Max(CAGR)

Winner

SPYX

+14.58%

CLIP

+4.68%

SPYX vs CLIP - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SPYX	CLIP
2026	+8.10%	+1.61%
2025	+18.23%	+4.22%
2024	+26.04%	+5.30%
2023	+27.44%	+2.82%
2022	-19.97%	N/A
2021	+30.12%	N/A
2020	+18.84%	N/A
2019	+31.63%	N/A
2018	-4.86%	N/A
2017	+22.61%	N/A
2016	+12.60%	N/A
2015	-2.02%	N/A

SPYX vs CLIP Drawdown Comparison

The maximum drawdown for SPYX was -32.83%, occurring on Mar 23, 2020. Recovery took 118 trading sessions.

The maximum drawdown for CLIP was -0.08%, occurring on Oct 11, 2023. Recovery took 4 trading sessions.

The current SPYX drawdown is -2.41%.

Rank	SPYX	CLIP
#1	-32.83% Feb 19, 2020 - Aug 6, 2020	-0.08% Oct 9, 2023 - Oct 13, 2023
#2	-26.15% Dec 29, 2021 - Dec 14, 2023	-0.08% Apr 11, 2024 - Apr 16, 2024
#3	-19.19% Sep 20, 2018 - Apr 12, 2019	-0.08% Apr 16, 2024 - Apr 23, 2024
#4	-18.74% Feb 19, 2025 - Jun 26, 2025	-0.08% Dec 18, 2023 - Dec 21, 2023
#5	-12.46% Dec 1, 2015 - Apr 19, 2016	-0.08% May 15, 2024 - May 28, 2024
#6	-9.84% Jan 12, 2026 - Apr 15, 2026	-0.06% Jun 23, 2023 - Jun 29, 2023
#7	-9.67% Jan 26, 2018 - Jul 25, 2018	-0.05% May 16, 2025 - May 20, 2025
#8	-9.55% Sep 2, 2020 - Nov 11, 2020	-0.05% Apr 10, 2025 - Apr 17, 2025
#9	-8.45% Jul 16, 2024 - Sep 19, 2024	-0.04% Dec 30, 2024 - Jan 6, 2025
#10	-7.14% May 3, 2019 - Jun 20, 2019	-0.04% Dec 7, 2023 - Dec 11, 2023
#11	-6.19% Jul 26, 2019 - Oct 21, 2019	-0.04% May 9, 2024 - May 13, 2024
#12	-5.71% Jun 8, 2016 - Jul 8, 2016	-0.04% Apr 8, 2024 - Apr 11, 2024
#13	-5.57% Sep 3, 2021 - Oct 25, 2021	-0.04% May 13, 2024 - May 15, 2024
#14	-5.44% Mar 28, 2024 - May 15, 2024	-0.04% Feb 8, 2024 - Feb 15, 2024
#15	-5.17% Oct 28, 2025 - Dec 11, 2025	-0.04% Mar 11, 2024 - Mar 14, 2024

Correlation

Correlation between SPYX and CLIP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2015 - 2026)

SPYX vs CLIP dividend yield comparison.

Year	SPYX	CLIP
2026	0.21%	1.52%
2025	0.91%	4.14%
2024	1.05%	5.11%
2023	1.21%	2.75%
2022	1.41%	0.00%
2021	1.04%	0.00%
2020	1.33%	0.00%
2019	1.56%	0.00%
2018	1.92%	0.00%
2017	1.68%	0.00%
2016	1.91%	0.00%
2015	0.16%	0.00%