GTCIX vs. SAHMX

Last updated Jun 25, 2026

GTCIX (Glenmede Quantitative International Equity Portfolio) and SAHMX (SA International Value Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, GTCIX returned 9.83%/yr vs 11.39%/yr for SAHMX. Their correlation of 0.84 suggests significant overlap in exposure. GTCIX charges 1.00%/yr vs 1.11%/yr for SAHMX.

Performance

GTCIX vs. SAHMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glenmede Quantitative International Equity Portfolio (GTCIX) and SA International Value Fund (SAHMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTCIX achieves a 9.14% return, which is significantly lower than SAHMX's 9.95% return. Over the past 10 years, GTCIX has underperformed SAHMX with an annualized return of 9.83%, while SAHMX has yielded a comparatively higher 11.39% annualized return.

GTCIX

• 1D: -1.37%
• 1M: -1.19%
• YTD: 9.14%
• 6M: 8.77%
• 1Y: 26.92%
• 3Y*: 21.32%
• 5Y*: 11.97%
• 10Y*: 9.83%

SAHMX

• 1D: -1.08%
• 1M: -1.18%
• YTD: 9.95%
• 6M: 9.95%
• 1Y: 31.16%
• 3Y*: 22.07%
• 5Y*: 13.37%
• 10Y*: 11.39%

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

GTCIX vs. SAHMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GTCIX Glenmede Quantitative International Equity Portfolio	9.14%	39.90%	8.60%	19.16%	-11.88%	12.56%	1.86%	18.00%	-16.26%	22.46%
SAHMX SA International Value Fund	9.95%	44.08%	5.44%	16.49%	-3.70%	17.59%	-2.48%	14.61%	-17.95%	25.06%

Correlation

The correlation between GTCIX and SAHMX is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 3, 2000	0.84

The correlation between GTCIX and SAHMX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

GTCIX vs. SAHMX — Risk / Return Rank

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

GTCIX

GTCIX Risk / Return Rank: 76
GTCIX Sharpe Ratio Rank: 85
GTCIX Sortino Ratio Rank: 83
GTCIX Omega Ratio Rank: 80
GTCIX Calmar Ratio Rank: 72
GTCIX Martin Ratio Rank: 59

SAHMX

SAHMX Risk / Return Rank: 89
SAHMX Sharpe Ratio Rank: 94
SAHMX Sortino Ratio Rank: 91
SAHMX Omega Ratio Rank: 86
SAHMX Calmar Ratio Rank: 89
SAHMX 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.

GTCIX vs. SAHMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Glenmede Quantitative International Equity Portfolio (GTCIX) and SA International Value Fund (SAHMX). 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.

	GTCIX	SAHMX	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.94	-0.44
Sortino ratio: Return per unit of downside risk	3.54	4.08	-0.53
Omega ratio: Gain probability vs. loss probability	1.46	1.53	-0.07
Calmar ratio: Return relative to maximum drawdown	3.05	4.16	-1.11
Martin ratio: Return relative to average drawdown	10.72	13.89	-3.16

GTCIX vs. SAHMX - Sharpe Ratio Comparison

The current GTCIX Sharpe Ratio is 2.50, which is comparable to the SAHMX Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of GTCIX and SAHMX, 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

GTCIX vs. SAHMX - Drawdown Comparison

The maximum GTCIX drawdown since its inception was -63.63%, roughly equal to the maximum SAHMX drawdown of -66.58%. Use the drawdown chart below to compare losses from any high point for GTCIX and SAHMX.

Drawdown Indicators

	GTCIX	SAHMX	Difference
Max Drawdown Largest peak-to-trough decline	-63.63%	-66.58%	+2.95%
Max Drawdown (1Y) Largest decline over 1 year	-9.63%	-8.72%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	-13.06%	-14.85%	+1.79%
Max Drawdown (5Y) Largest decline over 5 years	-26.23%	-25.10%	-1.13%
Max Drawdown (10Y) Largest decline over 10 years	-39.50%	-48.63%	+9.13%
Current Drawdown Current decline from peak	-3.02%	-2.48%	-0.54%
Average Drawdown Average peak-to-trough decline	-13.10%	-16.14%	+3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	2.51%	+0.21%

Volatility

GTCIX vs. SAHMX - Volatility Comparison

Glenmede Quantitative International Equity Portfolio (GTCIX) and SA International Value Fund (SAHMX) have volatilities of 2.96% and 2.92%, 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

	GTCIX	SAHMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.96%	2.92%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	9.48%	+0.10%
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	12.36%	-0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.47%	15.48%	-2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.06%	16.16%	-1.10%

GTCIX vs. SAHMX - Expense Ratio Comparison

GTCIX has a 1.00% expense ratio, which is lower than SAHMX's 1.11% expense ratio.

Dividends

GTCIX vs. SAHMX - Dividend Comparison

GTCIX's dividend yield for the trailing twelve months is around 4.29%, less than SAHMX's 4.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTCIX Glenmede Quantitative International Equity Portfolio	4.29%	4.50%	9.25%	2.75%	3.14%	3.09%	2.08%	2.95%	2.62%	1.75%	1.83%	0.71%
SAHMX SA International Value Fund	4.87%	5.35%	3.57%	3.46%	4.06%	3.05%	2.09%	3.66%	1.93%	2.46%	2.89%	1.91%

Frequently Asked Questions

Can I hold both GTCIX and SAHMX in my portfolio?

GTCIX and SAHMX 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, GTCIX or SAHMX?

GTCIX has higher volatility (2.96%) compared to SAHMX (2.92%). In terms of maximum drawdown, GTCIX dropped -63.63% vs SAHMX's -66.58%.

Which has better risk-adjusted returns?

SAHMX currently has the higher Sharpe Ratio (2.94 vs 2.50), 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.