GLQ vs. SVTAX

Last updated Jun 4, 2026

GLQ (Clough Global Equity Fund) and SVTAX (SEI Institutional Managed Trust Global Managed Volatility Fund) are both Global Equities funds. Over the past 10 years, GLQ returned 9.59%/yr vs 7.24%/yr for SVTAX. A 0.60 correlation means they provide meaningful diversification when combined. GLQ charges 0.03%/yr vs 1.11%/yr for SVTAX.

Performance

GLQ vs. SVTAX - Performance Comparison

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

Returns By Period

In the year-to-date period, GLQ achieves a 17.97% return, which is significantly higher than SVTAX's 3.33% return. Over the past 10 years, GLQ has outperformed SVTAX with an annualized return of 9.59%, while SVTAX has yielded a comparatively lower 7.24% annualized return.

GLQ

• 1D: -0.35%
• 1M: 7.73%
• YTD: 17.97%
• 6M: 17.46%
• 1Y: 40.50%
• 3Y*: 26.55%
• 5Y*: 0.53%
• 10Y*: 9.59%

SVTAX

• 1D: -0.18%
• 1M: 0.83%
• YTD: 3.33%
• 6M: 4.11%
• 1Y: 6.36%
• 3Y*: 11.32%
• 5Y*: 7.32%
• 10Y*: 7.24%

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

GLQ vs. SVTAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLQ Clough Global Equity Fund	17.97%	28.55%	25.41%	2.67%	-42.31%	6.48%	28.28%	23.94%	-9.74%	32.83%
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund	3.33%	13.44%	12.77%	7.77%	-7.80%	18.18%	-2.68%	19.81%	-6.47%	17.19%

Correlation

The correlation between GLQ and SVTAX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jul 31, 2006	0.60

The correlation between GLQ and SVTAX shifts across timeframes, from 0.41 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GLQ vs. SVTAX — Risk / Return Rank

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

GLQ

GLQ Risk / Return Rank: 83
GLQ Sharpe Ratio Rank: 87
GLQ Sortino Ratio Rank: 81
GLQ Omega Ratio Rank: 81
GLQ Calmar Ratio Rank: 82
GLQ Martin Ratio Rank: 84

SVTAX

SVTAX Risk / Return Rank: 11
SVTAX Sharpe Ratio Rank: 11
SVTAX Sortino Ratio Rank: 11
SVTAX Omega Ratio Rank: 10
SVTAX Calmar Ratio Rank: 11
SVTAX Martin Ratio Rank: 11

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.

GLQ vs. SVTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clough Global Equity Fund (GLQ) and SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX). 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.

	GLQ	SVTAX	Difference
Sharpe ratio Return per unit of total volatility	2.86	0.86	+2.00
Sortino ratio Return per unit of downside risk	3.86	1.28	+2.57
Omega ratio Gain probability vs. loss probability	1.53	1.15	+0.38
Calmar ratio Return relative to maximum drawdown	3.83	1.03	+2.80
Martin ratio Return relative to average drawdown	15.74	3.24	+12.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLQ vs. SVTAX - Sharpe Ratio Comparison

The current GLQ Sharpe Ratio is 2.86, which is higher than the SVTAX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of GLQ and SVTAX, 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

	GLQ	SVTAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.86	0.86	+2.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.03	0.69	-0.67
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	0.59	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.50	-0.21

Drawdowns

GLQ vs. SVTAX - Drawdown Comparison

The maximum GLQ drawdown since its inception was -64.45%, which is greater than SVTAX's maximum drawdown of -43.81%. Use the drawdown chart below to compare losses from any high point for GLQ and SVTAX.

Drawdown Indicators

	GLQ	SVTAX	Difference
Max Drawdown Largest peak-to-trough decline	-64.45%	-43.81%	-20.64%
Max Drawdown (1Y) Largest decline over 1 year	-10.61%	-5.99%	-4.62%
Max Drawdown (3Y) Largest decline over 3 years	-19.18%	-10.37%	-8.81%
Max Drawdown (5Y) Largest decline over 5 years	-57.47%	-16.52%	-40.95%
Max Drawdown (10Y) Largest decline over 10 years	-57.47%	-31.02%	-26.45%
Current Drawdown Current decline from peak	-4.63%	-2.86%	-1.77%
Average Drawdown Average peak-to-trough decline	-17.30%	-8.06%	-9.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	1.91%	+0.67%

Volatility

GLQ vs. SVTAX - Volatility Comparison

Clough Global Equity Fund (GLQ) has a higher volatility of 3.42% compared to SEI Institutional Managed Trust Global Managed Volatility Fund (SVTAX) at 1.66%. This indicates that GLQ's price experiences larger fluctuations and is considered to be riskier than SVTAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLQ	SVTAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.42%	1.66%	+1.76%
Volatility (6M) Calculated over the trailing 6-month period	11.37%	5.10%	+6.27%
Volatility (1Y) Calculated over the trailing 1-year period	14.23%	7.21%	+7.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.32%	10.61%	+9.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.99%	12.28%	+9.71%

GLQ vs. SVTAX - Expense Ratio Comparison

GLQ has a 0.03% expense ratio, which is lower than SVTAX's 1.11% expense ratio.

Dividends

GLQ vs. SVTAX - Dividend Comparison

GLQ's dividend yield for the trailing twelve months is around 9.48%, more than SVTAX's 8.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLQ Clough Global Equity Fund	9.48%	10.18%	10.86%	12.13%	21.42%	12.25%	9.66%	10.96%	13.68%	9.63%	11.68%	11.01%
SVTAX SEI Institutional Managed Trust Global Managed Volatility Fund	8.48%	8.77%	8.68%	5.76%	10.62%	11.81%	1.00%	5.39%	10.70%	7.90%	5.97%	6.45%

Frequently Asked Questions

Can I hold both GLQ and SVTAX in my portfolio?

GLQ and SVTAX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLQ or SVTAX?

GLQ has higher volatility (3.42%) compared to SVTAX (1.66%). In terms of maximum drawdown, GLQ dropped -64.45% vs SVTAX's -43.81%.

Which has better risk-adjusted returns?

GLQ currently has the higher Sharpe Ratio (2.86 vs 0.86), 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.