CLIP vs SGOV: Yield, Cost and Returns Compared
As of Nov 5, 2026, CLIP yields more: 3.72% (current yield) against 3.64% for SGOV. CLIP is cheaper to own at 0.07% a year vs 0.09%. Over the same 3 years (Jun 2023 to Oct 2026), SGOV returned 4.6% a year with distributions reinvested, and CLIP 4.6%.
SGOViShares 0-3 Month Treasury Bond ETF3.64%current yield| Compared | CLIP | SGOV |
|---|---|---|
| YieldCurrent yield | 3.72% | 3.64% |
| Expense ratio | 0.07% | 0.09% |
| Total return, 1 yr | +3.8% | +3.7% |
| Total return, 3 yr (a year) | +4.5% | +4.5% |
| Total return, 5 yr (a year) | — | +3.8% |
| Worst drop since Jun 2023 | 0.0% | 0.0% |
| Share price since Jun 2023 | +0% | +0% |
| Pays | Monthly | Monthly |
| Issuer | Global X | iShares |
| Assets | $2.4B | $116.8B |
| Started | 2023 | 2020 |
| Type | Treasury ETF | Treasury ETF |
Higher yield
CLIP
3.72%
Lower cost
CLIP
0.07%
Better total return
SGOV
4.6%/yr
Smaller worst drop
CLIP
0.0%
Key facts: CLIP vs SGOV
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, CLIP yields 3.72% (current yield) and SGOV yields 3.64% (current yield).
- CLIP's expense ratio is 0.07% and SGOV's is 0.09%: $7 vs $9 a year on $10,000.
- From Jun 2023 to Oct 2026, $10,000 in CLIP grew to $11,607 (4.6% a year) and $10,000 in SGOV to $11,614 (4.6% a year), distributions reinvested.
- Their worst month-end drops over that time: 0.0% for CLIP and 0.0% for SGOV.
Cite this page
SmarterDividends, "CLIP vs SGOV: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/clip-vs-sgov
$10,000 in each, Jun 2023 to Oct 2026
Distributions reinvested, month-end values.
CLIP became
$11,607
4.6% a year
SGOV became
$11,614
4.6% a year
Year by year
| Year | CLIP | SGOV |
|---|---|---|
| 2025 | +4.2% | +4.2% |
| 2024 | +5.3% | +5.3% |
Total return each calendar year, distributions reinvested.
What each holds and how it's taxed
- CLIP · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
- SGOV · Treasury ETF
- Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies).
General information, not tax advice. Every cash fund by yield →
CLIP vs SGOV: questions
Is CLIP or SGOV better?
It depends on the job. CLIP pays more today (3.72% vs 3.64%), CLIP costs less, and SGOV has the better total return over Jun 2023 to Oct 2026, with CLIP holding up better in its worst stretch. For cash you may need soon, yield after tax and how easily you can get the money out matter more than past returns.
Which pays a higher dividend, CLIP or SGOV?
CLIP, at 3.72% against 3.64% for SGOV as of Nov 5, 2026. On $10,000 that's about $372 vs $364 a year at today's rates.
Which has the better total return?
SGOV. From Jun 2023 to Oct 2026, it returned 4.6% a year with distributions reinvested, against 4.6% for CLIP. $10,000 became $11,614 vs $11,607.
Which is cheaper, CLIP or SGOV?
CLIP, with a 0.07% expense ratio against 0.09%.
How are CLIP and SGOV taxed?
CLIP: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). SGOV: Holds U.S. Treasury securities, so its income is generally exempt from state and local income tax (federal tax still applies). General information, not tax advice.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. CLIP leads on 4 of 4 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.