GLO vs. PDI

Last updated Jun 4, 2026

GLO (Clough Global Opportunities Fund) and PDI (PIMCO Dynamic Income Fund) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, GLO returned 7.40%/yr vs 7.53%/yr for PDI. At a 0.33 correlation, their price movements are largely independent.

Performance

GLO vs. PDI - Performance Comparison

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

Returns By Period

In the year-to-date period, GLO achieves a 11.58% return, which is significantly higher than PDI's 0.45% return. Both investments have delivered pretty close results over the past 10 years, with GLO having a 7.40% annualized return and PDI not far ahead at 7.53%.

GLO

• 1D: -0.49%
• 1M: 4.81%
• YTD: 11.58%
• 6M: 11.02%
• 1Y: 26.94%
• 3Y*: 20.96%
• 5Y*: -2.26%
• 10Y*: 7.40%

PDI

• 1D: 0.06%
• 1M: -3.25%
• YTD: 0.45%
• 6M: -0.44%
• 1Y: 2.55%
• 3Y*: 11.73%
• 5Y*: 2.68%
• 10Y*: 7.53%

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

GLO vs. PDI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLO Clough Global Opportunities Fund	11.58%	23.76%	21.83%	4.69%	-44.50%	6.31%	32.98%	28.24%	-15.41%	34.87%
PDI PIMCO Dynamic Income Fund	0.45%	11.03%	17.18%	11.99%	-16.99%	7.81%	-9.96%	22.23%	7.35%	18.59%

Correlation

The correlation between GLO and PDI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since May 29, 2012	0.33

Fundamentals

Market Cap GLO : $258.09M PDI : $6.90B
EPS GLO : $2.57 PDI : $3.86
PE Ratio GLO : 2.35 PDI : 4.34
PEG Ratio GLO : 0.06 PDI : 0.07
PS Ratio GLO : 5.25 PDI : 3.21
PB Ratio GLO : 0.92 PDI : 0.93
Total Revenue (TTM) GLO : $49.18M PDI : $2.03B
Gross Profit (TTM) GLO : $0.00 PDI : $1.51B
EBITDA (TTM) GLO : $116.54M PDI : $2.09B

Return for Risk

GLO vs. PDI — Risk / Return Rank

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

GLO

GLO Risk / Return Rank: 84
GLO Sharpe Ratio Rank: 87
GLO Sortino Ratio Rank: 85
GLO Omega Ratio Rank: 83
GLO Calmar Ratio Rank: 79
GLO Martin Ratio Rank: 88

PDI

PDI Risk / Return Rank: 44
PDI Sharpe Ratio Rank: 48
PDI Sortino Ratio Rank: 38
PDI Omega Ratio Rank: 40
PDI Calmar Ratio Rank: 46
PDI Martin Ratio Rank: 46

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. PDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clough Global Opportunities Fund (GLO) and PIMCO Dynamic Income Fund (PDI). 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	PDI	Difference
Sharpe ratio Return per unit of total volatility	1.92	0.23	+1.69
Sortino ratio Return per unit of downside risk	2.71	0.36	+2.35
Omega ratio Gain probability vs. loss probability	1.34	1.06	+0.28
Calmar ratio Return relative to maximum drawdown	2.61	0.23	+2.38
Martin ratio Return relative to average drawdown	10.63	0.52	+10.11
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. PDI - Sharpe Ratio Comparison

The current GLO Sharpe Ratio is 1.92, which is higher than the PDI Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of GLO and PDI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GLO	PDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	0.23	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	0.17	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.40	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.59	-0.38

Drawdowns

GLO vs. PDI - Drawdown Comparison

The maximum GLO drawdown since its inception was -60.53%, which is greater than PDI's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for GLO and PDI.

Drawdown Indicators

	GLO	PDI	Difference
Max Drawdown Largest peak-to-trough decline	-60.53%	-46.47%	-14.06%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-10.95%	+0.58%
Max Drawdown (3Y) Largest decline over 3 years	-16.91%	-17.55%	+0.64%
Max Drawdown (5Y) Largest decline over 5 years	-58.59%	-27.23%	-31.36%
Max Drawdown (10Y) Largest decline over 10 years	-58.59%	-46.47%	-12.12%
Current Drawdown Current decline from peak	-19.03%	-7.41%	-11.62%
Average Drawdown Average peak-to-trough decline	-17.13%	-6.22%	-10.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.54%	4.92%	-2.38%

Volatility

GLO vs. PDI - Volatility Comparison

Clough Global Opportunities Fund (GLO) has a higher volatility of 4.18% compared to PIMCO Dynamic Income Fund (PDI) at 3.27%. This indicates that GLO's price experiences larger fluctuations and is considered to be riskier than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLO	PDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	3.27%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	11.09%	8.12%	+2.97%
Volatility (1Y) Calculated over the trailing 1-year period	14.16%	11.19%	+2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	15.53%	+4.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.29%	19.05%	+2.24%

Dividends

GLO vs. PDI - Dividend Comparison

GLO's dividend yield for the trailing twelve months is around 10.26%, less than PDI's 15.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLO Clough Global Opportunities Fund	10.26%	10.62%	11.25%	12.33%	22.32%	12.26%	9.69%	11.12%	14.48%	10.11%	12.63%	11.49%
PDI PIMCO Dynamic Income Fund	15.82%	14.94%	14.43%	14.74%	17.84%	10.21%	10.01%	9.45%	10.78%	8.81%	14.79%	18.70%

Financials

Frequently Asked Questions

Can I hold both GLO and PDI in my portfolio?

GLO and PDI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLO or PDI?

GLO has higher volatility (4.18%) compared to PDI (3.27%). In terms of maximum drawdown, GLO dropped -60.53% vs PDI's -46.47%.

Which has better risk-adjusted returns?

GLO currently has the higher Sharpe Ratio (1.92 vs 0.23), 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.