GDO vs GLV

Comparison between Western Asset Global Corporate Defined Opportunity Fund Inc (GDO, ETF) and Clough Global Dividend and Income Fund (GLV, ETF).

5-Year PerformanceGLV has outperformed GDO, delivering a return of +0.5% compared to -0.2%

GDO vs GLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDO(ETF)	GLV(ETF)
Net Assets	$87M	$87M
Max Drawdown	50.42%	82.91%
Sharpe Ratio	0.34	1.68
5Y Beta	0.32	0.65
5Y Dividends CAGR	5.53%	-10.02%

Net Assets

Winner

GDO

$87M

GLV

$87M

Max Drawdown

Winner

GDO

50.42%

GLV

82.91%

Sharpe Ratio

GDO

0.34

Winner

GLV

1.68

5Y Beta

Winner

GDO

0.32

GLV

0.65

5Y Dividends CAGR

Winner

GDO

5.53%

GLV

-10.02%

GDO vs GLV - Historical Returns

Returns include dividend reinvestment.

Period	GDO	GLV
1 month	-0.29%	+2.37%
3 months	+1.72%	+8.28%
6 months	-1.69%	+10.75%
1 year	+5.52%	+26.47%
5 years(CAGR)	-0.23%	+0.52%
10 years(CAGR)	+4.32%	+5.58%
Max(CAGR)	+4.83%	+5.03%

GDO

-0.29%

Winner

GLV

+2.37%

GDO

+1.72%

Winner

GLV

+8.28%

GDO

-1.69%

Winner

GLV

+10.75%

GDO

+5.52%

Winner

GLV

+26.47%

5Y(CAGR)

GDO

-0.23%

Winner

GLV

+0.52%

10Y(CAGR)

GDO

+4.32%

Winner

GLV

+5.58%

Max(CAGR)

GDO

+4.83%

Winner

GLV

+5.03%

GDO vs GLV - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	GDO	GLV
2026	-3.85%	+10.60%
2025	+18.64%	+23.48%
2024	-1.89%	+17.85%
2023	+8.83%	-11.43%
2022	-20.30%	-32.27%
2021	+4.94%	+13.49%
2020	+5.71%	+6.80%
2019	+29.41%	+19.39%
2018	-10.61%	-16.21%
2017	+13.47%	+21.95%
2016	+17.50%	+1.07%
2015	-5.86%	+0.80%
2014	+6.01%	+7.17%
2013	-5.24%	+21.77%
2012	+23.68%	+15.31%
2011	+8.24%	-12.43%
2010	-2.42%	+11.38%
2009	-0.15%	+49.88%
2008	N/A	-46.11%
2007	N/A	+7.55%
2006	N/A	-13.37%
2005	N/A	+36.01%
2004	N/A	+11.27%

GDO vs GLV Drawdown Comparison

The maximum drawdown for GDO was -34.56%, occurring on Sep 30, 2022. Recovery took 1080 trading sessions.

The maximum drawdown for GLV was -61.73%, occurring on Nov 20, 2008. Recovery took 1178 trading sessions.

The current GDO drawdown is -4.33%. The current GLV drawdown is -5.93%.

Rank	GDO	GLV
#1	-34.56% Sep 10, 2021 - Dec 30, 2025	-61.73% Jun 5, 2008 - Feb 8, 2013
#2	-32.81% Feb 21, 2020 - Oct 9, 2020	-47.17% Aug 13, 2021 - Oct 25, 2023
#3	-15.63% Jan 24, 2013 - Feb 24, 2015	-45.01% Feb 18, 2020 - Jan 5, 2021
#4	-13.67% Dec 17, 2009 - Sep 21, 2010	-26.22% Jul 17, 2015 - Feb 27, 2017
#5	-12.02% Oct 19, 2017 - Feb 27, 2019	-25.02% Nov 8, 2017 - Jan 15, 2020
#6	-11.58% Apr 23, 2015 - May 5, 2016	-23.34% May 9, 2006 - Jun 5, 2008
#7	-10.90% Jul 1, 2011 - Dec 23, 2011	-15.08% May 20, 2021 - Aug 13, 2021
#8	-8.27% Dec 30, 2025 - Mar 30, 2026	-14.50% Jan 3, 2006 - May 9, 2006
#9	-7.85% Oct 22, 2012 - Dec 19, 2012	-14.35% Jul 15, 2014 - Feb 19, 2015
#10	-7.27% Nov 5, 2010 - May 10, 2011	-12.71% Mar 1, 2005 - Jul 7, 2005
#11	-6.87% Sep 7, 2016 - Feb 2, 2017	-9.49% Sep 30, 2005 - Nov 25, 2005
#12	-6.85% Feb 12, 2021 - May 17, 2021	-8.33% May 21, 2013 - Dec 26, 2013
#13	-5.42% Oct 9, 2020 - Nov 19, 2020	-6.29% Mar 6, 2014 - Jun 27, 2014
#14	-3.26% Jan 2, 2020 - Feb 19, 2020	-6.27% Apr 9, 2021 - May 20, 2021
#15	-2.99% Apr 15, 2019 - Jun 17, 2019	-5.33% Aug 16, 2005 - Sep 6, 2005

Correlation

Correlation between GDO and GLV is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2004 - 2026)

GDO vs GLV dividend yield comparison.

Year	GDO	GLV
2026	5.67%	4.46%
2025	12.40%	10.57%
2024	12.04%	11.64%
2023	9.52%	13.92%
2022	9.49%	16.99%
2021	6.93%	10.82%
2020	6.70%	11.67%
2019	6.65%	11.17%
2018	8.41%	13.68%
2017	7.57%	10.00%
2016	7.96%	11.26%
2015	8.62%	10.69%
2014	7.77%	10.56%
2013	7.78%	7.80%
2012	7.30%	8.76%
2011	8.61%	9.41%
2010	8.70%	7.61%
2009	0.00%	7.38%
2008	0.00%	11.60%
2007	0.00%	11.44%
2006	0.00%	9.72%
2005	0.00%	8.67%
2004	0.00%	1.37%