FMPEX vs. GTTMX

Last updated Aug 1, 2026

FMPEX (Fidelity Advisor Mid Cap Value Fund Class C) and GTTMX (Glenmede Quantitative U.S. Total Market Equity Portfolio) are both Mid Cap Value Equities funds. Over the past 10 years, FMPEX returned 11.72%/yr vs 12.36%/yr for GTTMX. Their correlation of 0.92 means they have usually moved in the same direction. FMPEX charges 1.62%/yr vs 1.83%/yr for GTTMX.

Performance

FMPEX vs. GTTMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mid Cap Value Fund Class C (FMPEX) 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, FMPEX achieves a 25.69% return, which is significantly higher than GTTMX's 14.75% return. Over the past 10 years, FMPEX has underperformed GTTMX with an annualized return of 11.72%, while GTTMX has yielded a comparatively higher 12.36% annualized return.

FMPEX

• 1D: 0.34%
• 1M: 1.44%
• 6M: 18.96%
• YTD: 25.69%
• 1Y: 40.34%
• 3Y*: 23.04%
• 5Y*: 15.16%
• 10Y*: 11.72%
• ALL TIME*: 9.02%

GTTMX

• 1D: 1.27%
• 1M: 4.00%
• 6M: 11.49%
• YTD: 14.75%
• 1Y: 28.60%
• 3Y*: 15.53%
• 5Y*: 10.85%
• 10Y*: 12.36%
• ALL TIME*: 8.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FMPEX Fidelity Advisor Mid Cap Value Fund Class C	$0.00	$0.00	$0.00
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	$0.00	$0.00	$0.00

FMPEX vs. GTTMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FMPEX Fidelity Advisor Mid Cap Value Fund Class C	25.69%	11.91%	25.09%	21.29%	-11.59%	32.56%	-0.04%	22.30%	-19.75%	15.82%
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	14.75%	18.40%	14.84%	9.39%	-13.90%	41.28%	5.12%	24.18%	-11.99%	22.88%

Correlation

The correlation between FMPEX and GTTMX is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.91
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007	0.92

The correlation between FMPEX 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

FMPEX vs. GTTMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FMPEX

FMPEX Risk / Return Rank: 88
FMPEX Sharpe Ratio Rank: 89
FMPEX Sortino Ratio Rank: 87
FMPEX Omega Ratio Rank: 81
FMPEX Calmar Ratio Rank: 91
FMPEX Martin Ratio Rank: 93

GTTMX

GTTMX Risk / Return Rank: 80
GTTMX Sharpe Ratio Rank: 75
GTTMX Sortino Ratio Rank: 72
GTTMX Omega Ratio Rank: 68
GTTMX Calmar Ratio Rank: 95
GTTMX Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FMPEX vs. GTTMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap Value Fund Class C (FMPEX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FMPEX	GTTMX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	1.78	+0.45
Sortino ratio: Return per unit of downside risk	3.19	2.46	+0.72
Omega ratio: Gain probability vs. loss probability	1.39	1.30	+0.09
Calmar ratio: Return relative to maximum drawdown	3.54	4.16	-0.62
Martin ratio: Return relative to average drawdown	13.98	13.70	+0.28

FMPEX vs. GTTMX - Sharpe Ratio Comparison

The current FMPEX Sharpe Ratio is 2.23, which is comparable to the GTTMX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of FMPEX 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.

Drawdowns

FMPEX vs. GTTMX - Drawdown Comparison

The maximum FMPEX drawdown since its inception was -62.63%, which is greater than GTTMX's maximum drawdown of -56.24%. Use the drawdown chart below to compare losses from any high point for FMPEX and GTTMX.

Drawdown Indicators

	FMPEX	GTTMX	Difference
Max Drawdown Largest peak-to-trough decline	-62.63%	-56.24%	-6.39%
Max Drawdown (1Y) Largest decline over 1 year	-10.38%	-6.51%	-3.87%
Max Drawdown (3Y) Largest decline over 3 years	-22.47%	-20.62%	-1.85%
Max Drawdown (5Y) Largest decline over 5 years	-22.47%	-24.12%	+1.65%
Max Drawdown (10Y) Largest decline over 10 years	-46.33%	-44.59%	-1.74%
Current Drawdown Current decline from peak	-0.95%	0.00%	-0.95%
Average Drawdown Average peak-to-trough decline	-9.77%	-10.18%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	1.97%	+0.67%

Volatility

FMPEX vs. GTTMX - Volatility Comparison

Fidelity Advisor Mid Cap Value Fund Class C (FMPEX) and Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX) have volatilities of 3.34% and 3.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMPEX	GTTMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	3.44%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	12.29%	11.46%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	16.56%	15.25%	+1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.56%	18.29%	+3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.78%	20.48%	+1.30%

FMPEX vs. GTTMX - Expense Ratio Comparison

FMPEX has a 1.62% expense ratio, which is lower than GTTMX's 1.83% expense ratio.

Dividends

FMPEX vs. GTTMX - Dividend Comparison

FMPEX's dividend yield for the trailing twelve months is around 6.06%, less than GTTMX's 16.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FMPEX Fidelity Advisor Mid Cap Value Fund Class C	6.06%	8.07%	19.14%	0.41%	12.77%	0.40%	1.15%	0.94%	14.04%	8.36%	0.47%	4.49%
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	16.47%	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 FMPEX and GTTMX in my portfolio?

FMPEX 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, FMPEX or GTTMX?

GTTMX has higher volatility (3.44%) compared to FMPEX (3.34%). In terms of maximum drawdown, FMPEX dropped -62.63% vs GTTMX's -56.24%.

Which has better risk-adjusted returns?

FMPEX currently has the higher Sharpe Ratio (2.23 vs 1.78), 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.