Quantitative U.S. Long/Short Equity Portfolio (GTAPX) Sharpe Ratio: 1.82

GTAPX's Sharpe Ratio of 1.82 indicates that for each unit of volatility, it generates 1.82 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

GTAPX Sharpe Ratio Rank

Exceptional

GTAPX ranks above 87.5% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

GTAPX Sharpe Ratio Market Positioning

The chart shows GTAPX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.76 or lower
Yellow zone (middle 50%): 0.76 to 1.49
Green zone (top 25%): 1.49 or higher
Top 1%: 3.52+
Median: 1.10 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Quantitative U.S. Long/Short Equity Portfolio's Sharpe Ratio with other mutual funds in the Long-Short category across multiple time periods, showing how GTAPX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.

Symbol	Name	1Y Sharpe Ratio
BDMIX	BlackRock Global Long/Short Equity Fund Class I	2.55
QLEIX	AQR Long-Short Equity Fund	2.33
QLENX	AQR Long-Short Equity N	2.28
BPLEX	Boston Partners Long/Short Equity Fund	2.14
VMNIX	Vanguard Market Neutral Fund Institutional Shares	2.06
VMNFX	Vanguard Market Neutral Fund Investor Shares	2.04
CDAZX	Multi-Manager Directional Alternative Strategies Fund	1.93
GTAPX	Quantitative U.S. Long/Short Equity Portfolio	1.82
SNOIX	Easterly Snow Capital Long/Short Opportunity Fund	1.59
GARIX	Gotham Absolute Return Fund	1.50

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows GTAPX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when GTAPX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore GTAPX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

GTAPX Sortino Ratio