ABRSX vs. GTAPX

Last updated Apr 2, 2026

Compare and contrast key facts about ABR 50/50 Volatility Fund (ABRSX) and Quantitative U.S. Long/Short Equity Portfolio (GTAPX).

ABRSX is managed by ABR. It was launched on Oct 1, 2017. GTAPX is managed by Glenmede. It was launched on Sep 28, 2006.

Performance

ABRSX vs. GTAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ABR 50/50 Volatility Fund (ABRSX) and Quantitative U.S. Long/Short Equity Portfolio (GTAPX). The values are adjusted to include any dividend payments, if applicable.

ABRSX vs. GTAPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABRSX ABR 50/50 Volatility Fund	-14.32%	6.22%	13.84%	38.75%	-34.12%	40.73%	5.69%	79.73%	-47.83%	6.74%
GTAPX Quantitative U.S. Long/Short Equity Portfolio	2.72%	12.79%	13.28%	4.42%	3.16%	17.72%	-5.16%	3.26%	-8.65%	2.27%

Returns By Period

In the year-to-date period, ABRSX achieves a -14.32% return, which is significantly lower than GTAPX's 2.72% return.

ABRSX

• 1D: 3.89%
• 1M: -12.82%
• YTD: -14.32%
• 6M: -9.86%
• 1Y: -3.75%
• 3Y*: 9.45%
• 5Y*: 4.26%
• 10Y*: —

GTAPX

• 1D: 0.38%
• 1M: 0.76%
• YTD: 2.72%
• 6M: 6.94%
• 1Y: 14.49%
• 3Y*: 10.66%
• 5Y*: 9.11%
• 10Y*: 5.34%

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

ABRSX vs. GTAPX - Expense Ratio Comparison

ABRSX has a 2.00% expense ratio, which is higher than GTAPX's 1.25% expense ratio.

ABRSX

ABR 50/50 Volatility Fund

GTAPX

Quantitative U.S. Long/Short Equity Portfolio

Return for Risk

ABRSX vs. GTAPX — Risk / Return Rank

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

ABRSX

ABRSX Risk / Return Rank: 4
ABRSX Sharpe Ratio Rank: 3
ABRSX Sortino Ratio Rank: 4
ABRSX Omega Ratio Rank: 4
ABRSX Calmar Ratio Rank: 4
ABRSX Martin Ratio Rank: 4

GTAPX

GTAPX Risk / Return Rank: 90
GTAPX Sharpe Ratio Rank: 88
GTAPX Sortino Ratio Rank: 90
GTAPX Omega Ratio Rank: 83
GTAPX Calmar Ratio Rank: 95
GTAPX Martin Ratio Rank: 93

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.

ABRSX vs. GTAPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ABR 50/50 Volatility Fund (ABRSX) and Quantitative U.S. Long/Short Equity Portfolio (GTAPX). 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.

	ABRSX	GTAPX	Difference
Sharpe ratio Return per unit of total volatility	-0.12	1.82	-1.94
Sortino ratio Return per unit of downside risk	0.02	2.64	-2.62
Omega ratio Gain probability vs. loss probability	1.00	1.35	-0.34
Calmar ratio Return relative to maximum drawdown	-0.14	3.33	-3.47
Martin ratio Return relative to average drawdown	-0.36	11.90	-12.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ABRSX vs. GTAPX - Sharpe Ratio Comparison

The current ABRSX Sharpe Ratio is -0.12, which is lower than the GTAPX Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of ABRSX and GTAPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ABRSX	GTAPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.12	1.82	-1.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.84	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.39	-0.27

Correlation

The correlation between ABRSX and GTAPX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ABRSX vs. GTAPX - Dividend Comparison

ABRSX's dividend yield for the trailing twelve months is around 0.74%, less than GTAPX's 16.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ABRSX ABR 50/50 Volatility Fund	0.74%	0.63%	1.04%	0.00%	0.00%	47.19%	0.00%	10.50%	12.88%	0.99%
GTAPX Quantitative U.S. Long/Short Equity Portfolio	16.19%	16.63%	11.79%	11.23%	0.00%	0.00%	0.00%	0.96%	0.00%	0.00%

Drawdowns

ABRSX vs. GTAPX - Drawdown Comparison

The maximum ABRSX drawdown since its inception was -49.78%, which is greater than GTAPX's maximum drawdown of -30.40%. Use the drawdown chart below to compare losses from any high point for ABRSX and GTAPX.

Drawdown Indicators

	ABRSX	GTAPX	Difference
Max Drawdown Largest peak-to-trough decline	-49.78%	-30.40%	-19.38%
Max Drawdown (1Y) Largest decline over 1 year	-21.19%	-4.15%	-17.04%
Max Drawdown (5Y) Largest decline over 5 years	-44.57%	-12.21%	-32.36%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.40%	—
Current Drawdown Current decline from peak	-15.86%	-0.90%	-14.96%
Average Drawdown Average peak-to-trough decline	-16.16%	-7.09%	-9.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.45%	1.16%	+7.29%

Volatility

ABRSX vs. GTAPX - Volatility Comparison

ABR 50/50 Volatility Fund (ABRSX) has a higher volatility of 13.73% compared to Quantitative U.S. Long/Short Equity Portfolio (GTAPX) at 1.98%. This indicates that ABRSX's price experiences larger fluctuations and is considered to be riskier than GTAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABRSX	GTAPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.73%	1.98%	+11.75%
Volatility (6M) Calculated over the trailing 6-month period	18.61%	5.12%	+13.49%
Volatility (1Y) Calculated over the trailing 1-year period	28.16%	8.18%	+19.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.78%	10.89%	+16.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.49%	10.20%	+26.29%