GQSCX vs. FTHNX

Last updated Aug 4, 2026

GQSCX (Glenmede Quantitative U.S. Small Cap Equity Portfolio) and FTHNX (Fuller & Thaler Behavioral Small-Cap Equity Fund) are both Small Cap Blend Equities funds. Over the past 5 years, GQSCX returned 12.90%/yr vs 12.63%/yr for FTHNX. Their correlation of 0.93 means they have usually moved in the same direction. GQSCX charges 0.85%/yr vs 1.03%/yr for FTHNX.

Performance

GQSCX vs. FTHNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glenmede Quantitative U.S. Small Cap Equity Portfolio (GQSCX) and Fuller & Thaler Behavioral Small-Cap Equity Fund (FTHNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQSCX achieves a 25.75% return, which is significantly higher than FTHNX's 16.82% return.

GQSCX

• 1D: -0.31%
• 1M: 1.31%
• 6M: 17.30%
• YTD: 25.75%
• 1Y: 53.15%
• 3Y*: 18.52%
• 5Y*: 12.90%
• 10Y*: —
• ALL TIME*: 12.00%

FTHNX

• 1D: -0.09%
• 1M: 1.84%
• 6M: 11.29%
• YTD: 16.82%
• 1Y: 28.52%
• 3Y*: 17.92%
• 5Y*: 12.63%
• 10Y*: 13.97%
• ALL TIME*: 13.46%

*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)
FTHNX Fuller & Thaler Behavioral Small-Cap Equity Fund	$0.00	$0.00	$0.00
GQSCX Glenmede Quantitative U.S. Small Cap Equity Portfolio	$0.00	$0.00	$0.00

GQSCX vs. FTHNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GQSCX Glenmede Quantitative U.S. Small Cap Equity Portfolio	25.75%	12.22%	11.49%	18.94%	-8.48%	31.77%	7.60%	22.17%	-11.32%	1.07%
FTHNX Fuller & Thaler Behavioral Small-Cap Equity Fund	16.82%	11.69%	15.81%	22.18%	-7.73%	30.44%	10.05%	27.74%	-13.45%	1.79%

Correlation

The correlation between GQSCX and FTHNX is 0.86, 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.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (All Time) Calculated using the full available price history since Dec 13, 2017	0.93

The correlation between GQSCX and FTHNX has been stable across timeframes, ranging from 0.86 to 0.93 - a consistent structural relationship.

Return for Risk

GQSCX vs. FTHNX — Risk / Return Rank

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

GQSCX

GQSCX Risk / Return Rank: 95
GQSCX Sharpe Ratio Rank: 97
GQSCX Sortino Ratio Rank: 95
GQSCX Omega Ratio Rank: 90
GQSCX Calmar Ratio Rank: 97
GQSCX Martin Ratio Rank: 98

FTHNX

FTHNX Risk / Return Rank: 76
FTHNX Sharpe Ratio Rank: 75
FTHNX Sortino Ratio Rank: 76
FTHNX Omega Ratio Rank: 69
FTHNX Calmar Ratio Rank: 82
FTHNX Martin Ratio Rank: 80

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.

GQSCX vs. FTHNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Glenmede Quantitative U.S. Small Cap Equity Portfolio (GQSCX) and Fuller & Thaler Behavioral Small-Cap Equity Fund (FTHNX). 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.

	GQSCX	FTHNX	Difference
Sharpe ratio: Return per unit of total volatility	2.78	1.80	+0.97
Sortino ratio: Return per unit of downside risk	3.92	2.68	+1.24
Omega ratio: Gain probability vs. loss probability	1.47	1.32	+0.16
Calmar ratio: Return relative to maximum drawdown	5.73	2.84	+2.89
Martin ratio: Return relative to average drawdown	21.78	10.23	+11.56

GQSCX vs. FTHNX - Sharpe Ratio Comparison

The current GQSCX Sharpe Ratio is 2.78, which is higher than the FTHNX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of GQSCX and FTHNX, 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

GQSCX vs. FTHNX - Drawdown Comparison

The maximum GQSCX drawdown since its inception was -46.87%, which is greater than FTHNX's maximum drawdown of -37.78%. Use the drawdown chart below to compare losses from any high point for GQSCX and FTHNX.

Drawdown Indicators

	GQSCX	FTHNX	Difference
Max Drawdown Largest peak-to-trough decline	-46.87%	-37.78%	-9.09%
Max Drawdown (1Y) Largest decline over 1 year	-8.74%	-9.44%	+0.70%
Max Drawdown (3Y) Largest decline over 3 years	-28.83%	-24.63%	-4.20%
Max Drawdown (5Y) Largest decline over 5 years	-28.83%	-24.63%	-4.20%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.78%	—
Current Drawdown Current decline from peak	-1.28%	-0.60%	-0.68%
Average Drawdown Average peak-to-trough decline	-8.03%	-5.62%	-2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	2.62%	-0.31%

Volatility

GQSCX vs. FTHNX - Volatility Comparison

Glenmede Quantitative U.S. Small Cap Equity Portfolio (GQSCX) and Fuller & Thaler Behavioral Small-Cap Equity Fund (FTHNX) have volatilities of 3.31% and 3.36%, 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

	GQSCX	FTHNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.36%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	12.54%	10.75%	+1.79%
Volatility (1Y) Calculated over the trailing 1-year period	18.07%	14.91%	+3.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.74%	18.78%	+2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.65%	20.07%	+4.58%

GQSCX vs. FTHNX - Expense Ratio Comparison

GQSCX has a 0.85% expense ratio, which is lower than FTHNX's 1.03% expense ratio.

Dividends

GQSCX vs. FTHNX - Dividend Comparison

GQSCX's dividend yield for the trailing twelve months is around 2.62%, more than FTHNX's 0.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTHNX Fuller & Thaler Behavioral Small-Cap Equity Fund	0.24%	0.28%	7.84%	1.60%	0.95%	3.55%	0.11%	0.11%	0.21%	0.09%	0.00%	15.47%
GQSCX Glenmede Quantitative U.S. Small Cap Equity Portfolio	2.62%	3.01%	10.53%	0.70%	9.45%	10.41%	0.51%	0.59%	0.77%	0.14%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GQSCX and FTHNX in my portfolio?

GQSCX and FTHNX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GQSCX or FTHNX?

FTHNX has higher volatility (3.36%) compared to GQSCX (3.31%). In terms of maximum drawdown, GQSCX dropped -46.87% vs FTHNX's -37.78%.

Which has better risk-adjusted returns?

GQSCX currently has the higher Sharpe Ratio (2.78 vs 1.80), 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.