Quantitative U.S. Long/Short Equity Portfolio (GTAPX) belongs to the Long-Short category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GTAPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GTAPX
GTAPX charges 1.25% annually. There are 8 mutual funds in the Long-Short category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parvin Hedged Equity Solari World Fund | 0.01% | — | Jan 2021 | GTAPX vs PHSWX | |
| MFS Managed Wealth Fund | 0.67% | — | Jun 2014 | GTAPX vs MNWIX | |
| WisdomTree Efficient Long/Short US Equity Fund | 0.88% | 12.07M | Jan 2026 | GTAPX vs WTLS | |
| Alger Dynamic Opportunities Fund | 0.91% | — | Nov 2009 | GTAPX vs SPEDX | |
| Salient Tactical Plus Fund | 1.08% | — | Dec 2012 | GTAPX vs BTPIX |
Best Risk-Adjusted Alternatives to GTAPX
GTAPX has a PortfoliosLab risk / return rank of 95. There are 3 mutual funds in the Long-Short category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 98 | — | Nov 1998 | GTAPX vs BPLEX | |
| Vanguard Market Neutral Fund Institutional Shares | 97 | — | Oct 1998 | GTAPX vs VMNIX | |
| Vanguard Market Neutral Fund Investor Shares | 97 | 601.30M | Nov 1998 | GTAPX vs VMNFX | |
| Knights of Columbus Long/Short Equity Fund | 95 | — | Dec 2019 | GTAPX vs KCEIX | |
| John Hancock Disciplined Value Global Long/Short F... | 94 | — | Apr 2014 | GTAPX vs JAKVX |
Top Performing GTAPX Alternatives (YTD)
GTAPX is at 9.80% YTD. There are 14 mutual funds in the Long-Short category with higher YTD returns, going as high as 21.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Boston Partners Long/Short Equity Fund | 21.35% | — | Nov 1998 | GTAPX vs BPLEX | |
| Vanguard Market Neutral Fund Investor Shares | 16.18% | 601.30M | Nov 1998 | GTAPX vs VMNFX | |
| Vanguard Market Neutral Fund Institutional Shares | 16.18% | — | Oct 1998 | GTAPX vs VMNIX | |
| Guggenheim Alpha Opportunity Fund | 15.92% | — | Jul 2003 | GTAPX vs SAOAX | |
| Wasatch Long/Short Alpha Fund | 13.20% | — | Sep 2021 | GTAPX vs WALSX |
Lowest Volatility Alternatives to GTAPX
GTAPX has 6.94% 1-year volatility. There are 6 mutual funds in the Long-Short category with lower 1-year volatility, going as low as 5.67%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Neuberger Berman Long Short Fund | 5.67% | — | Dec 2011 | GTAPX vs NLSIX | |
| AB Select US Long/Short Portfolio | 5.75% | — | Dec 2012 | GTAPX vs ASILX | |
| MFS Managed Wealth Fund | 6.03% | — | Jun 2014 | GTAPX vs MNWIX | |
| Wilmington Global Alpha Equities Fund | 6.25% | — | Jan 2012 | GTAPX vs WRAIX | |
| Knights of Columbus Long/Short Equity Fund | 6.51% | — | Dec 2019 | GTAPX vs KCEIX |
Lowest Drawdown Alternatives to GTAPX
GTAPX has a 1-year max drawdown of -3.01%. There is 1 mutual fund in the Long-Short category with a shallower 1-year drawdown, going as shallow as -2.82%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Knights of Columbus Long/Short Equity Fund | -2.82% | — | Dec 2019 | GTAPX vs KCEIX | |
| AB Select US Long/Short Portfolio | -3.61% | — | Dec 2012 | GTAPX vs ASILX | |
| Gotham Absolute Return Fund | -3.85% | — | Aug 2012 | GTAPX vs GARIX | |
| Persimmon Long/Short Fund | -3.90% | — | Dec 2012 | GTAPX vs LSEIX | |
| Federated Hermes MDT Market Neutral A | -4.16% | — | Sep 2008 | GTAPX vs QAMNX |
Other Mutual Funds from Glenmede
The 10 most viewed Glenmede mutual funds shown here include GTLLX, GTLOX, RESGX and span 7 categories.
Often Compared With GTAPX
Investors most often compare GTAPX with LEQIX, SPY, ATESX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare GTAPX with Any Fund or Stock
Compare GTAPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GTAPX with funds that move differently
Quantitative U.S. Long/Short Equity Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GTAPX.
Explore GTAPX Diversifiers