GLQ vs VT: Correlation
Clough Global Equity Fund (GLQ) and Vanguard Total World Stock ETF (VT) show a very strong relationship: their 3-year correlation of weekly returns is 0.88.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLQ and VT?
Over the past 3 years, GLQ and VT moved with a correlation of 0.88, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.79 lands near the 3-year figure. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 201.7 %².
VT is one of the assets that tracks GLQ most closely: it ranks #2 out of the 21 assets we track against GLQ. Twelve-month performance is nearly a tie, at +21.6% for GLQ and +22.7% for VT.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
GLQ vs VT: side by side
| GLQ (Clough Global Equity Fund) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +21.6% | +22.7% |
| 5-year return | -3.8% | +67.7% |
| Volatility (ann.) | 16.6% | 13.9% |
| Beta vs S&P 500 | 1.00 | 0.92 |
| Max drawdown (3Y) | -19.2% | -16.5% |
| Market cap | – | – |
| P/E (trailing) | 2.7 | – |
| Dividend yield | 9.99% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | US Listed | ETF · Global |
VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Year-by-year returns
| Year | GLQ | VT |
|---|---|---|
| 2022 | -42.3% | -18.0% |
| 2023 | +2.8% | +22.0% |
| 2024 | +25.2% | +16.5% |
| 2025 | +28.5% | +22.4% |
| 2026 | +13.2% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLQ and VT good diversifiers for each other?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between GLQ and VT?
The GLQ/VT correlation stands at 0.88 on a 3-year window (1 year: 0.79, 5 years: 0.79), computed from weekly returns as of 2026-08-27.
Is VT a good diversifier for GLQ?
Not really. At 0.88, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.88 mean?
On the −1 to +1 scale, 0.88 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
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Related comparisons
Hubs: GLQ correlations · VT correlations
