GTCSX vs. RESGX

Last updated Aug 1, 2026

GTCSX (Glenmede Small Cap Equity Portfolio) and RESGX (Glenmede Responsible ESG U.S. Equity Portfolio) are both mutual funds - GTCSX is a Small Cap Blend Equities fund managed by Glenmede, while RESGX is a Large Cap Blend Equities fund managed by Glenmede. Over the past 10 years, GTCSX returned 9.76%/yr vs 12.23%/yr for RESGX. Their correlation of 0.88 means they have usually moved in the same direction. GTCSX charges 0.92%/yr vs 0.85%/yr for RESGX.

Performance

GTCSX vs. RESGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glenmede Small Cap Equity Portfolio (GTCSX) 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, GTCSX achieves a 18.40% return, which is significantly lower than RESGX's 22.24% return. Over the past 10 years, GTCSX has underperformed RESGX with an annualized return of 9.76%, while RESGX has yielded a comparatively higher 12.23% annualized return.

GTCSX

• 1D: 0.00%
• 1M: 2.39%
• 6M: 12.82%
• YTD: 18.40%
• 1Y: 30.20%
• 3Y*: 8.63%
• 5Y*: 7.48%
• 10Y*: 9.76%
• ALL TIME*: 7.94%

RESGX

• 1D: 1.34%
• 1M: -0.41%
• 6M: 16.73%
• YTD: 22.24%
• 1Y: 34.64%
• 3Y*: 15.81%
• 5Y*: 9.20%
• 10Y*: 12.23%
• ALL TIME*: 12.59%

*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)
GTCSX Glenmede Small Cap Equity Portfolio	$0.00	$0.00	$0.00
RESGX Glenmede Responsible ESG U.S. Equity Portfolio	$0.00	$0.00	$0.00

GTCSX vs. RESGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GTCSX Glenmede Small Cap Equity Portfolio	18.40%	-1.95%	8.50%	16.93%	-10.91%	28.87%	15.65%	21.12%	-16.17%	15.80%
RESGX Glenmede Responsible ESG U.S. Equity Portfolio	22.24%	10.30%	11.40%	15.59%	-14.71%	26.58%	9.57%	24.25%	-6.47%	22.82%

Correlation

The correlation between GTCSX and RESGX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.88

The correlation between GTCSX and RESGX shifts across timeframes, from 0.78 (1 year) to 0.88 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GTCSX vs. RESGX — Risk / Return Rank

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

GTCSX

GTCSX Risk / Return Rank: 61
GTCSX Sharpe Ratio Rank: 59
GTCSX Sortino Ratio Rank: 62
GTCSX Omega Ratio Rank: 54
GTCSX Calmar Ratio Rank: 71
GTCSX Martin Ratio Rank: 58

RESGX

RESGX Risk / Return Rank: 87
RESGX Sharpe Ratio Rank: 87
RESGX Sortino Ratio Rank: 84
RESGX Omega Ratio Rank: 80
RESGX Calmar Ratio Rank: 94
RESGX Martin Ratio Rank: 91

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.

GTCSX vs. RESGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Glenmede Small Cap Equity Portfolio (GTCSX) 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.

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.

	GTCSX	RESGX	Difference
Sharpe ratio: Return per unit of total volatility	1.48	2.13	-0.65
Sortino ratio: Return per unit of downside risk	2.22	2.98	-0.77
Omega ratio: Gain probability vs. loss probability	1.26	1.37	-0.11
Calmar ratio: Return relative to maximum drawdown	2.34	4.06	-1.72
Martin ratio: Return relative to average drawdown	7.73	12.85	-5.13

GTCSX vs. RESGX - Sharpe Ratio Comparison

The current GTCSX Sharpe Ratio is 1.48, which is lower than the RESGX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of GTCSX 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.

Drawdowns

GTCSX vs. RESGX - Drawdown Comparison

The maximum GTCSX drawdown since its inception was -59.45%, which is greater than RESGX's maximum drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for GTCSX and RESGX.

Drawdown Indicators

	GTCSX	RESGX	Difference
Max Drawdown Largest peak-to-trough decline	-59.45%	-37.80%	-21.65%
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	-7.84%	-3.29%
Max Drawdown (3Y) Largest decline over 3 years	-28.54%	-20.50%	-8.04%
Max Drawdown (5Y) Largest decline over 5 years	-28.54%	-23.58%	-4.96%
Max Drawdown (10Y) Largest decline over 10 years	-49.50%	-37.80%	-11.70%
Current Drawdown Current decline from peak	-0.62%	-4.44%	+3.82%
Average Drawdown Average peak-to-trough decline	-11.95%	-4.98%	-6.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.50%	+0.89%

Volatility

GTCSX vs. RESGX - Volatility Comparison

Glenmede Small Cap Equity Portfolio (GTCSX) has a higher volatility of 4.06% compared to Glenmede Responsible ESG U.S. Equity Portfolio (RESGX) at 3.62%. This indicates that GTCSX's price experiences larger fluctuations and is considered to be riskier than RESGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTCSX	RESGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.06%	3.62%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	11.92%	11.33%	+0.59%
Volatility (1Y) Calculated over the trailing 1-year period	17.65%	14.97%	+2.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	17.31%	+3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.26%	18.65%	+4.61%

GTCSX vs. RESGX - Expense Ratio Comparison

GTCSX has a 0.92% expense ratio, which is higher than RESGX's 0.85% expense ratio.

Dividends

GTCSX vs. RESGX - Dividend Comparison

GTCSX's dividend yield for the trailing twelve months is around 6.92%, which matches RESGX's 6.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTCSX Glenmede Small Cap Equity Portfolio	6.92%	8.24%	4.29%	8.45%	12.65%	4.43%	0.14%	0.23%	19.39%	10.74%	1.94%	1.11%
RESGX Glenmede Responsible ESG U.S. Equity Portfolio	6.97%	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 GTCSX and RESGX in my portfolio?

GTCSX and RESGX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTCSX or RESGX?

GTCSX has higher volatility (4.06%) compared to RESGX (3.62%). In terms of maximum drawdown, GTCSX dropped -59.45% vs RESGX's -37.80%.

Which has better risk-adjusted returns?

RESGX currently has the higher Sharpe Ratio (2.13 vs 1.48), 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.