Knowledge Graphs (KGs) have become a pivotal knowledge representation tool in machine learning, not only providing access to existing knowledge but also enabling the discovery of new knowledge through advanced applications. Among the scalable reasoning methods used for such applications, distributed graph embedding approaches, particularly GNNs, have become popular for large-scale graph-related tasks. However, many of these methods have limitations in their interpretability and fail to take into account structural similarity in their representation. Hyperdimensional Computing (HDC), also known as Vector Symbolic Architecture (VSA), addresses this issue by using well-defined cognitive operations on distributed representations of symbolic concepts. This work proposes and evaluates a new vector symbolic graph representation, CLOG, that preserves approximate structural similarity beyond edge correspondence and fundamentally differs from previous methods. The model's effectiveness in graph representation is evaluated through theoretical analysis, graph reconstruction experiments, and link prediction task, highlighting its efficiency and accuracy. This approach significantly advances the field by enhancing the capabilities of HDC in graph representation, representing a notable improvement over existing methods.