Yeah totally, and that's how you end up with a whole jungle of gear hanging off you that gets caught on every ladder rung or pipe. I found a sweet spot by only clipping the big, expensive items I really can't lose, like my wrench and light. The smaller stuff goes in a pouch so it's still handy but not dangling everywhere. You gotta find that balance between secure and actually being able to move around down there.
Wait, you clip a wrench? That thing is heavy and bulky! I can't imagine it swinging around while you're trying to squeeze through tight spots. One time I saw a guy get his wrench caught on a valve and it nearly yanked him off his feet. You're brave for trusting a clip with that much metal.