GLO vs. GLQ

Last updated Apr 1, 2026

Compare and contrast key facts about Clough Global Opportunities Fund (GLO) and Clough Global Equity Fund (GLQ).

GLQ is managed by Clough Capital. It was launched on Apr 27, 2005.

Performance

GLO vs. GLQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clough Global Opportunities Fund (GLO) and Clough Global Equity Fund (GLQ). The values are adjusted to include any dividend payments, if applicable.

GLO vs. GLQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLO Clough Global Opportunities Fund	1.12%	23.76%	21.83%	4.69%	-44.50%	6.31%	32.98%	28.24%	-15.41%	34.87%
GLQ Clough Global Equity Fund	1.01%	28.55%	25.41%	2.67%	-42.31%	6.48%	28.28%	23.94%	-9.74%	32.83%

Returns By Period

In the year-to-date period, GLO achieves a 1.12% return, which is significantly higher than GLQ's 1.01% return. Over the past 10 years, GLO has underperformed GLQ with an annualized return of 6.50%, while GLQ has yielded a comparatively higher 8.06% annualized return.

GLO

• 1D: 3.34%
• 1M: -6.91%
• YTD: 1.12%
• 6M: 3.12%
• 1Y: 27.28%
• 3Y*: 17.12%
• 5Y*: -3.83%
• 10Y*: 6.50%

GLQ

• 1D: 2.45%
• 1M: -7.98%
• YTD: 1.01%
• 6M: 4.31%
• 1Y: 33.54%
• 3Y*: 20.37%
• 5Y*: -2.22%
• 10Y*: 8.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

GLO vs. GLQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GLO

GLO Risk / Return Rank: 85
GLO Sharpe Ratio Rank: 86
GLO Sortino Ratio Rank: 82
GLO Omega Ratio Rank: 83
GLO Calmar Ratio Rank: 83
GLO Martin Ratio Rank: 89

GLQ

GLQ Risk / Return Rank: 89
GLQ Sharpe Ratio Rank: 88
GLQ Sortino Ratio Rank: 88
GLQ Omega Ratio Rank: 87
GLQ Calmar Ratio Rank: 91
GLQ Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GLO vs. GLQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clough Global Opportunities Fund (GLO) and Clough Global Equity Fund (GLQ). 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.

	GLO	GLQ	Difference
Sharpe ratio Return per unit of total volatility	1.61	1.78	-0.17
Sortino ratio Return per unit of downside risk	2.20	2.43	-0.23
Omega ratio Gain probability vs. loss probability	1.31	1.38	-0.07
Calmar ratio Return relative to maximum drawdown	2.58	2.63	-0.05
Martin ratio Return relative to average drawdown	10.08	11.38	-1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLO vs. GLQ - Sharpe Ratio Comparison

The current GLO Sharpe Ratio is 1.61, which is comparable to the GLQ Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of GLO and GLQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GLO	GLQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	1.78	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	-0.11	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	0.37	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.25	-0.07

Correlation

The correlation between GLO and GLQ is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GLO vs. GLQ - Dividend Comparison

GLO's dividend yield for the trailing twelve months is around 10.99%, more than GLQ's 10.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLO Clough Global Opportunities Fund	10.99%	10.62%	11.25%	12.33%	22.32%	12.26%	9.69%	11.12%	14.48%	10.11%	12.63%	11.49%
GLQ Clough Global Equity Fund	10.67%	10.18%	10.86%	12.13%	21.42%	12.25%	9.66%	10.96%	13.68%	9.63%	11.68%	11.01%

Drawdowns

GLO vs. GLQ - Drawdown Comparison

The maximum GLO drawdown since its inception was -60.53%, smaller than the maximum GLQ drawdown of -64.45%. Use the drawdown chart below to compare losses from any high point for GLO and GLQ.

Drawdown Indicators

	GLO	GLQ	Difference
Max Drawdown Largest peak-to-trough decline	-60.53%	-64.45%	+3.92%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-12.58%	+2.21%
Max Drawdown (5Y) Largest decline over 5 years	-58.59%	-57.47%	-1.12%
Max Drawdown (10Y) Largest decline over 10 years	-58.59%	-57.47%	-1.12%
Current Drawdown Current decline from peak	-26.62%	-18.35%	-8.27%
Average Drawdown Average peak-to-trough decline	-17.09%	-17.36%	+0.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	2.91%	-0.26%

Volatility

GLO vs. GLQ - Volatility Comparison

Clough Global Opportunities Fund (GLO) and Clough Global Equity Fund (GLQ) have volatilities of 6.81% and 6.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLO	GLQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	6.95%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	11.53%	11.38%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	16.98%	18.90%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.58%	20.58%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.26%	21.95%	-0.69%