FMIHX vs. RESGX

Last updated Jun 4, 2026

FMIHX (FMI Large Cap Fund) and RESGX (Glenmede Responsible ESG U.S. Equity Portfolio) are both Large Cap Blend Equities funds. Over the past 10 years, FMIHX returned 8.95%/yr vs 13.16%/yr for RESGX. Their correlation of 0.88 suggests significant overlap in exposure. FMIHX charges 0.82%/yr vs 0.85%/yr for RESGX.

Performance

FMIHX vs. RESGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FMI Large Cap Fund (FMIHX) and Glenmede Responsible ESG U.S. Equity Portfolio (RESGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FMIHX achieves a -1.65% return, which is significantly lower than RESGX's 27.79% return. Over the past 10 years, FMIHX has underperformed RESGX with an annualized return of 8.95%, while RESGX has yielded a comparatively higher 13.16% annualized return.

FMIHX

• 1D: -0.46%
• 1M: 0.69%
• YTD: -1.65%
• 6M: -2.08%
• 1Y: 0.78%
• 3Y*: 9.50%
• 5Y*: 4.61%
• 10Y*: 8.95%

RESGX

• 1D: 2.80%
• 1M: 10.96%
• YTD: 27.79%
• 6M: 28.15%
• 1Y: 44.13%
• 3Y*: 20.42%
• 5Y*: 10.42%
• 10Y*: 13.16%

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

FMIHX vs. RESGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FMIHX FMI Large Cap Fund	-1.65%	6.21%	10.17%	21.03%	-14.73%	18.40%	10.23%	23.66%	-4.10%	19.25%
RESGX Glenmede Responsible ESG U.S. Equity Portfolio	27.79%	10.30%	11.40%	15.59%	-14.71%	26.58%	9.57%	24.25%	-6.47%	22.82%

Correlation

The correlation between FMIHX and RESGX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.88

The correlation between FMIHX and RESGX shifts across timeframes, from 0.73 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FMIHX vs. RESGX — Risk / Return Rank

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

FMIHX

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

RESGX

RESGX Risk / Return Rank: 91
RESGX Sharpe Ratio Rank: 93
RESGX Sortino Ratio Rank: 89
RESGX Omega Ratio Rank: 83
RESGX Calmar Ratio Rank: 95
RESGX Martin Ratio Rank: 94

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.

FMIHX vs. RESGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FMI Large Cap Fund (FMIHX) and Glenmede Responsible ESG U.S. Equity Portfolio (RESGX). 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.

	FMIHX	RESGX	Difference
Sharpe ratio: Return per unit of total volatility	0.16	3.21	-3.04
Sortino ratio: Return per unit of downside risk	0.33	4.33	-3.99
Omega ratio: Gain probability vs. loss probability	1.04	1.56	-0.52
Calmar ratio: Return relative to maximum drawdown	0.18	5.89	-5.71
Martin ratio: Return relative to average drawdown	0.46	21.39	-20.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FMIHX vs. RESGX - Sharpe Ratio Comparison

The current FMIHX Sharpe Ratio is 0.16, which is lower than the RESGX Sharpe Ratio of 3.21. The chart below compares the historical Sharpe Ratios of FMIHX and RESGX, 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

	FMIHX	RESGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	3.21	-3.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.61	-0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.71	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.72	-0.22

Drawdowns

FMIHX vs. RESGX - Drawdown Comparison

The maximum FMIHX drawdown since its inception was -47.80%, which is greater than RESGX's maximum drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for FMIHX and RESGX.

Drawdown Indicators

	FMIHX	RESGX	Difference
Max Drawdown Largest peak-to-trough decline	-47.80%	-37.80%	-10.00%
Max Drawdown (1Y) Largest decline over 1 year	-11.91%	-7.84%	-4.07%
Max Drawdown (3Y) Largest decline over 3 years	-18.23%	-20.50%	+2.27%
Max Drawdown (5Y) Largest decline over 5 years	-24.99%	-23.58%	-1.41%
Max Drawdown (10Y) Largest decline over 10 years	-34.15%	-37.80%	+3.65%
Current Drawdown Current decline from peak	-7.02%	0.00%	-7.02%
Average Drawdown Average peak-to-trough decline	-5.92%	-5.00%	-0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.68%	2.15%	+2.53%

Volatility

FMIHX vs. RESGX - Volatility Comparison

The current volatility for FMI Large Cap Fund (FMIHX) is 3.36%, while Glenmede Responsible ESG U.S. Equity Portfolio (RESGX) has a volatility of 5.45%. This indicates that FMIHX experiences smaller price fluctuations and is considered to be less risky than RESGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMIHX	RESGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.36%	5.45%	-2.09%
Volatility (6M) Calculated over the trailing 6-month period	9.88%	11.00%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	13.17%	14.41%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.49%	17.26%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	18.71%	-1.09%

FMIHX vs. RESGX - Expense Ratio Comparison

FMIHX has a 0.82% expense ratio, which is lower than RESGX's 0.85% expense ratio.

Dividends

FMIHX vs. RESGX - Dividend Comparison

FMIHX's dividend yield for the trailing twelve months is around 16.11%, more than RESGX's 6.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMIHX FMI Large Cap Fund	16.11%	15.84%	13.22%	10.54%	22.62%	17.10%	11.56%	7.77%	20.37%	9.27%	7.48%	11.02%
RESGX Glenmede Responsible ESG U.S. Equity Portfolio	6.52%	8.24%	13.38%	9.08%	8.17%	9.98%	0.82%	1.90%	5.09%	0.94%	0.72%	0.00%

Frequently Asked Questions

Can I hold both FMIHX and RESGX in my portfolio?

FMIHX and RESGX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FMIHX or RESGX?

RESGX has higher volatility (5.45%) compared to FMIHX (3.36%). In terms of maximum drawdown, FMIHX dropped -47.80% vs RESGX's -37.80%.

Which has better risk-adjusted returns?

RESGX currently has the higher Sharpe Ratio (3.21 vs 0.16), 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.