GLV vs GDO

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

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

GLV vs GDO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

GLV

$87M

Winner

GDO

$87M

Max Drawdown

GLV

82.91%

Winner

GDO

50.42%

Sharpe Ratio

Winner

GLV

1.68

GDO

0.34

5Y Beta

GLV

0.65

Winner

GDO

0.32

5Y Dividends CAGR

GLV

-10.02%

Winner

GDO

5.53%

GLV vs GDO - Historical Returns

Returns include dividend reinvestment.

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

Winner

GLV

+2.37%

GDO

-0.29%

Winner

GLV

+8.28%

GDO

+1.72%

Winner

GLV

+10.75%

GDO

-1.69%

Winner

GLV

+26.47%

GDO

+5.52%

5Y(CAGR)

Winner

GLV

+0.52%

GDO

-0.23%

10Y(CAGR)

Winner

GLV

+5.58%

GDO

+4.32%

Max(CAGR)

Winner

GLV

+5.03%

GDO

+4.83%

GLV vs GDO - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

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

GLV vs GDO Drawdown Comparison

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

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

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

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

Correlation

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

0.90

-101

Dividend Comparison (2004 - 2026)

GLV vs GDO dividend yield comparison.

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