The Magna tip handles use a magnet to hold the bit, and this allows the driver tip to be magnetic also to hold screws.
The clip tip uses a small wire internal clip to hold the bit in place, and this doesn't magnetize the bit.
They used to also sell a collet tip that had a collet that was tightened to hold the bit in place without any wobble, but I don't see it any more.
Personally, I used the Law Enforcement size clip-tip far more than the magnetic tip.


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