GQSCX vs. GTLLX

Last updated Jun 3, 2026

GQSCX (Glenmede Quantitative U.S. Small Cap Equity Portfolio) and GTLLX (Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio) are both mutual funds - GQSCX is a Small Cap Blend Equities fund managed by Glenmede, while GTLLX is a Large Cap Growth Equities fund managed by Glenmede. Over the past 5 years, GQSCX returned 10.44%/yr vs 14.81%/yr for GTLLX. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.85% expense ratio.

Performance

GQSCX vs. GTLLX - 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 Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GQSCX achieves a 15.82% return, which is significantly lower than GTLLX's 20.44% return.

GQSCX

• 1D: 0.45%
• 1M: 2.00%
• YTD: 15.82%
• 6M: 17.80%
• 1Y: 44.15%
• 3Y*: 19.37%
• 5Y*: 10.44%
• 10Y*: —

GTLLX

• 1D: 2.71%
• 1M: 12.23%
• YTD: 20.44%
• 6M: 21.70%
• 1Y: 39.37%
• 3Y*: 25.44%
• 5Y*: 14.81%
• 10Y*: 16.55%

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

GQSCX vs. GTLLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GQSCX Glenmede Quantitative U.S. Small Cap Equity Portfolio	15.82%	12.22%	11.49%	18.94%	-8.48%	31.77%	7.60%	22.17%	-11.32%	1.07%
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	20.44%	17.44%	20.71%	27.10%	-21.69%	32.91%	18.80%	34.86%	-5.23%	1.00%

Correlation

The correlation between GQSCX and GTLLX is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (All Time) Calculated using the full available price history since Dec 14, 2017	0.75

The correlation between GQSCX and GTLLX has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.

Return for Risk

GQSCX vs. GTLLX — Risk / Return Rank

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

GQSCX

GQSCX Risk / Return Rank: 75
GQSCX Sharpe Ratio Rank: 70
GQSCX Sortino Ratio Rank: 68
GQSCX Omega Ratio Rank: 56
GQSCX Calmar Ratio Rank: 92
GQSCX Martin Ratio Rank: 88

GTLLX

GTLLX Risk / Return Rank: 67
GTLLX Sharpe Ratio Rank: 67
GTLLX Sortino Ratio Rank: 59
GTLLX Omega Ratio Rank: 53
GTLLX Calmar Ratio Rank: 79
GTLLX Martin Ratio Rank: 79

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.

GQSCX vs. GTLLX - 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 Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX). 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.

	GQSCX	GTLLX	Difference
Sharpe ratio Return per unit of total volatility	2.45	2.40	+0.05
Sortino ratio Return per unit of downside risk	3.44	3.24	+0.20
Omega ratio Gain probability vs. loss probability	1.41	1.40	+0.01
Calmar ratio Return relative to maximum drawdown	4.93	3.58	+1.34
Martin ratio Return relative to average drawdown	17.34	14.79	+2.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GQSCX vs. GTLLX - Sharpe Ratio Comparison

The current GQSCX Sharpe Ratio is 2.45, which is comparable to the GTLLX Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of GQSCX and GTLLX, 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

	GQSCX	GTLLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.45	2.40	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.51	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.55	-0.10

Drawdowns

GQSCX vs. GTLLX - Drawdown Comparison

The maximum GQSCX drawdown since its inception was -46.87%, smaller than the maximum GTLLX drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for GQSCX and GTLLX.

Drawdown Indicators

	GQSCX	GTLLX	Difference
Max Drawdown Largest peak-to-trough decline	-46.87%	-54.32%	+7.45%
Max Drawdown (1Y) Largest decline over 1 year	-8.74%	-10.76%	+2.02%
Max Drawdown (3Y) Largest decline over 3 years	-28.83%	-41.54%	+12.71%
Max Drawdown (5Y) Largest decline over 5 years	-28.83%	-41.54%	+12.71%
Max Drawdown (10Y) Largest decline over 10 years	—	-41.54%	—
Current Drawdown Current decline from peak	0.00%	-0.82%	+0.82%
Average Drawdown Average peak-to-trough decline	-8.18%	-8.58%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	2.61%	-0.13%

Volatility

GQSCX vs. GTLLX - Volatility Comparison

Glenmede Quantitative U.S. Small Cap Equity Portfolio (GQSCX) and Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX) have volatilities of 5.15% and 4.99%, 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	GTLLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.15%	4.99%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	12.40%	13.30%	-0.90%
Volatility (1Y) Calculated over the trailing 1-year period	18.38%	17.00%	+1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.87%	28.99%	-7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.82%	25.00%	-0.18%

GQSCX vs. GTLLX - Expense Ratio Comparison

Both GQSCX and GTLLX have an expense ratio of 0.85%.

Dividends

GQSCX vs. GTLLX - Dividend Comparison

GQSCX's dividend yield for the trailing twelve months is around 2.69%, less than GTLLX's 12.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GQSCX Glenmede Quantitative U.S. Small Cap Equity Portfolio	2.69%	3.01%	10.53%	0.70%	9.45%	10.41%	0.51%	0.59%	0.77%	0.14%	0.00%	0.00%
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	12.73%	15.33%	40.42%	4.91%	7.93%	20.20%	15.12%	14.10%	16.97%	2.29%	0.58%	0.61%

Frequently Asked Questions

Can I hold both GQSCX and GTLLX in my portfolio?

GQSCX and GTLLX have a correlation of 0.70, 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 GTLLX?

GQSCX has higher volatility (5.15%) compared to GTLLX (4.99%). In terms of maximum drawdown, GQSCX dropped -46.87% vs GTLLX's -54.32%.

Which has better risk-adjusted returns?

GQSCX currently has the higher Sharpe Ratio (2.45 vs 2.40), 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.