GDO vs. SBLGX
GDO (Western Asset Global Corporate Defined Opportunity Fund Inc) and SBLGX (ClearBridge Large Cap Growth Fund) are both mutual funds - GDO is a Corporate Bonds fund managed by Franklin Templeton, while SBLGX is a Large Cap Growth Equities fund managed by Franklin Templeton. Over the past 10 years, GDO returned 3.67%/yr vs 13.66%/yr for SBLGX. Their 0.26 correlation means their historical movements had little consistent relationship. GDO charges 0.01%/yr vs 0.99%/yr for SBLGX.
Performance
GDO vs. SBLGX - Performance Comparison
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Returns By Period
In the year-to-date period, GDO achieves a -5.79% return, which is significantly lower than SBLGX's 1.07% return. Over the past 10 years, GDO has underperformed SBLGX with an annualized return of 3.67%, while SBLGX has yielded a comparatively higher 13.66% annualized return.
GDO
- 1D
- 0.29%
- 1M
- -3.05%
- 6M
- -4.94%
- YTD
- -5.79%
- 1Y
- -0.15%
- 3Y*
- 5.90%
- 5Y*
- -1.17%
- 10Y*
- 3.67%
- ALL TIME*
- 4.67%
SBLGX
- 1D
- 1.18%
- 1M
- -1.60%
- 6M
- 1.90%
- YTD
- 1.07%
- 1Y
- 5.27%
- 3Y*
- 14.44%
- 5Y*
- 7.89%
- 10Y*
- 13.66%
- ALL TIME*
- 9.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $426.35K | $402.60K | $326.75K | |
| $0.00 | $0.00 | $0.00 |
GDO vs. SBLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GDO Western Asset Global Corporate Defined Opportunity Fund Inc | -5.79% | 18.25% | -0.79% | 10.39% | -20.30% | 3.38% | 6.82% | 30.72% | -10.12% | 13.48% |
SBLGX ClearBridge Large Cap Growth Fund | 1.07% | 8.44% | 27.60% | 45.00% | -32.96% | 21.71% | 30.84% | 31.69% | -0.44% | 25.06% |
Correlation
The correlation between GDO and SBLGX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2009 | 0.26 |
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Return for Risk
GDO vs. SBLGX — Risk / Return Rank
GDO
SBLGX
GDO vs. SBLGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) and ClearBridge Large Cap Growth Fund (SBLGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GDO | SBLGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.04 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 0.15 | -0.17 |
| Martin ratioReturn relative to average drawdown | -0.04 | 0.45 | -0.49 |
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Drawdowns
GDO vs. SBLGX - Drawdown Comparison
The maximum GDO drawdown since its inception was -34.61%, smaller than the maximum SBLGX drawdown of -53.64%. Use the drawdown chart below to compare losses from any high point for GDO and SBLGX.
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Drawdown Indicators
| GDO | SBLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.61% | -53.64% | +19.03% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -16.95% | +8.67% |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | -20.98% | +7.80% |
Max Drawdown (5Y)Largest decline over 5 years | -34.61% | -38.28% | +3.67% |
Max Drawdown (10Y)Largest decline over 10 years | -34.61% | -38.28% | +3.67% |
Current DrawdownCurrent decline from peak | -6.36% | -5.13% | -1.23% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -12.87% | +6.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 5.82% | -2.41% |
Volatility
GDO vs. SBLGX - Volatility Comparison
The current volatility for Western Asset Global Corporate Defined Opportunity Fund Inc (GDO) is 1.90%, while ClearBridge Large Cap Growth Fund (SBLGX) has a volatility of 4.69%. This indicates that GDO experiences smaller price fluctuations and is considered to be less risky than SBLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GDO | SBLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.90% | 4.69% | -2.79% |
Volatility (6M)Calculated over the trailing 6-month period | 6.05% | 13.09% | -7.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.25% | 16.48% | -8.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.24% | 21.35% | -9.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.28% | 20.51% | -7.23% |
GDO vs. SBLGX - Expense Ratio Comparison
GDO has a 0.02% expense ratio, which is lower than SBLGX's 0.99% expense ratio.
Dividends
GDO vs. SBLGX - Dividend Comparison
GDO's dividend yield for the trailing twelve months is around 14.23%, more than SBLGX's 11.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDO Western Asset Global Corporate Defined Opportunity Fund Inc | 14.23% | 12.40% | 12.04% | 9.52% | 9.49% | 6.93% | 6.70% | 6.65% | 8.41% | 7.57% | 7.96% | 8.62% |
SBLGX ClearBridge Large Cap Growth Fund | 11.66% | 12.68% | 5.39% | 12.39% | 9.34% | 12.48% | 6.17% | 5.12% | 4.00% | 4.41% | 2.08% | 2.94% |
Frequently Asked Questions
GDO and SBLGX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBLGX has higher volatility (4.69%) compared to GDO (1.90%). In terms of maximum drawdown, GDO dropped -34.61% vs SBLGX's -53.64%.
SBLGX currently has the higher Sharpe Ratio (0.16 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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