FDVLX vs. GTTMX

Last updated Jun 4, 2026

FDVLX (Fidelity Value Fund) and GTTMX (Glenmede Quantitative U.S. Total Market Equity Portfolio) are both Mid Cap Value Equities funds. Over the past 10 years, FDVLX returned 13.86%/yr vs 12.36%/yr for GTTMX. Their correlation of 0.92 suggests significant overlap in exposure. FDVLX charges 0.79%/yr vs 1.83%/yr for GTTMX.

Performance

FDVLX vs. GTTMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Value Fund (FDVLX) and Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDVLX achieves a 16.84% return, which is significantly higher than GTTMX's 13.29% return. Over the past 10 years, FDVLX has outperformed GTTMX with an annualized return of 13.86%, while GTTMX has yielded a comparatively lower 12.36% annualized return.

FDVLX

• 1D: 0.31%
• 1M: 3.40%
• YTD: 16.84%
• 6M: 18.08%
• 1Y: 34.61%
• 3Y*: 25.65%
• 5Y*: 13.91%
• 10Y*: 13.86%

GTTMX

• 1D: 0.49%
• 1M: 5.06%
• YTD: 13.29%
• 6M: 15.08%
• 1Y: 29.10%
• 3Y*: 18.10%
• 5Y*: 10.23%
• 10Y*: 12.36%

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

FDVLX vs. GTTMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDVLX Fidelity Value Fund	16.84%	11.32%	30.11%	19.57%	-9.07%	35.30%	9.33%	31.68%	-17.58%	14.11%
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	13.29%	18.40%	14.84%	9.39%	-13.90%	41.28%	5.12%	24.18%	-11.99%	22.88%

Correlation

The correlation between FDVLX and GTTMX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jan 4, 2007	0.92

The correlation between FDVLX and GTTMX shifts across timeframes, from 0.81 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FDVLX vs. GTTMX — Risk / Return Rank

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

FDVLX

FDVLX Risk / Return Rank: 65
FDVLX Sharpe Ratio Rank: 61
FDVLX Sortino Ratio Rank: 61
FDVLX Omega Ratio Rank: 52
FDVLX Calmar Ratio Rank: 81
FDVLX Martin Ratio Rank: 72

GTTMX

GTTMX Risk / Return Rank: 61
GTTMX Sharpe Ratio Rank: 48
GTTMX Sortino Ratio Rank: 44
GTTMX Omega Ratio Rank: 40
GTTMX Calmar Ratio Rank: 90
GTTMX Martin Ratio Rank: 83

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.

FDVLX vs. GTTMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund (FDVLX) and Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX). 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.

	FDVLX	GTTMX	Difference
Sharpe ratio: Return per unit of total volatility	2.29	2.04	+0.25
Sortino ratio: Return per unit of downside risk	3.28	2.81	+0.48
Omega ratio: Gain probability vs. loss probability	1.40	1.34	+0.06
Calmar ratio: Return relative to maximum drawdown	3.72	4.64	-0.92
Martin ratio: Return relative to average drawdown	13.69	15.63	-1.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDVLX vs. GTTMX - Sharpe Ratio Comparison

The current FDVLX Sharpe Ratio is 2.29, which is comparable to the GTTMX Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FDVLX and GTTMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDVLX	GTTMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.29	2.04	+0.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.56	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.61	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.42	+0.16

Drawdowns

FDVLX vs. GTTMX - Drawdown Comparison

The maximum FDVLX drawdown since its inception was -66.91%, which is greater than GTTMX's maximum drawdown of -56.24%. Use the drawdown chart below to compare losses from any high point for FDVLX and GTTMX.

Drawdown Indicators

	FDVLX	GTTMX	Difference
Max Drawdown Largest peak-to-trough decline	-66.91%	-56.24%	-10.67%
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	-6.51%	-3.39%
Max Drawdown (3Y) Largest decline over 3 years	-31.45%	-20.62%	-10.83%
Max Drawdown (5Y) Largest decline over 5 years	-31.45%	-24.12%	-7.33%
Max Drawdown (10Y) Largest decline over 10 years	-48.66%	-44.59%	-4.07%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.02%	-10.25%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	1.92%	+0.77%

Volatility

FDVLX vs. GTTMX - Volatility Comparison

Fidelity Value Fund (FDVLX) has a higher volatility of 4.19% compared to Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX) at 3.96%. This indicates that FDVLX's price experiences larger fluctuations and is considered to be riskier than GTTMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDVLX	GTTMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	3.96%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	11.46%	10.84%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	14.84%	+1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.55%	18.32%	+8.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.19%	20.50%	+4.69%

FDVLX vs. GTTMX - Expense Ratio Comparison

FDVLX has a 0.79% expense ratio, which is lower than GTTMX's 1.83% expense ratio.

Dividends

FDVLX vs. GTTMX - Dividend Comparison

FDVLX's dividend yield for the trailing twelve months is around 8.60%, less than GTTMX's 16.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDVLX Fidelity Value Fund	8.60%	10.05%	33.05%	3.71%	7.08%	9.79%	0.98%	3.34%	16.25%	3.38%	1.26%	10.97%
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	16.64%	18.85%	14.45%	5.83%	0.40%	17.50%	11.58%	5.95%	9.88%	3.00%	0.55%	0.59%

Frequently Asked Questions

Can I hold both FDVLX and GTTMX in my portfolio?

FDVLX and GTTMX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDVLX or GTTMX?

FDVLX has higher volatility (4.19%) compared to GTTMX (3.96%). In terms of maximum drawdown, FDVLX dropped -66.91% vs GTTMX's -56.24%.

Which has better risk-adjusted returns?

FDVLX currently has the higher Sharpe Ratio (2.29 vs 2.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.