GTLLX vs. VUG

Last updated Aug 1, 2026

GTLLX (Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio) and VUG (Vanguard Growth ETF) are both Large Cap Growth Equities funds. Over the past 10 years, GTLLX returned 16.11%/yr vs 17.38%/yr for VUG. Their correlation of 0.93 means they have usually moved in the same direction. GTLLX charges 0.85%/yr vs 0.03%/yr for VUG.

Performance

GTLLX vs. VUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX) and Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTLLX achieves a 20.55% return, which is significantly higher than VUG's 5.02% return. Over the past 10 years, GTLLX has underperformed VUG with an annualized return of 16.11%, while VUG has yielded a comparatively higher 17.38% annualized return.

GTLLX

• 1D: 2.68%
• 1M: -0.90%
• 6M: 19.59%
• YTD: 20.55%
• 1Y: 32.78%
• 3Y*: 22.51%
• 5Y*: 13.15%
• 10Y*: 16.11%
• ALL TIME*: 12.43%

VUG

• 1D: 1.10%
• 1M: -0.35%
• 6M: 6.39%
• YTD: 5.02%
• 1Y: 15.36%
• 3Y*: 21.19%
• 5Y*: 12.16%
• 10Y*: 17.38%
• ALL TIME*: 12.08%

*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)
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	$0.00	$0.00	$0.00
VUG Vanguard Growth ETF	$556.11M	$661.72M	$650.91M

GTLLX vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	20.55%	17.44%	20.71%	27.10%	-21.69%	32.91%	18.80%	34.86%	-5.23%	27.83%
VUG Vanguard Growth ETF	5.02%	19.40%	32.69%	46.83%	-33.16%	27.35%	40.25%	37.03%	-3.32%	27.72%

Correlation

The correlation between GTLLX and VUG is 0.83, 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.	0.83
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, 2005	0.93

The correlation between GTLLX and VUG has been stable across timeframes, ranging from 0.83 to 0.93 - a consistent structural relationship.

Return for Risk

GTLLX vs. VUG — Risk / Return Rank

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

GTLLX

GTLLX Risk / Return Rank: 73
GTLLX Sharpe Ratio Rank: 69
GTLLX Sortino Ratio Rank: 67
GTLLX Omega Ratio Rank: 60
GTLLX Calmar Ratio Rank: 83
GTLLX Martin Ratio Rank: 84

VUG

VUG Risk / Return Rank: 28
VUG Sharpe Ratio Rank: 30
VUG Sortino Ratio Rank: 29
VUG Omega Ratio Rank: 28
VUG Calmar Ratio Rank: 25
VUG Martin Ratio Rank: 29

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.

GTLLX vs. VUG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX) and Vanguard Growth ETF (VUG). 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.

	GTLLX	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.59	0.72	+0.87
Sortino ratio: Return per unit of downside risk	2.24	1.10	+1.14
Omega ratio: Gain probability vs. loss probability	1.27	1.13	+0.13
Calmar ratio: Return relative to maximum drawdown	2.79	0.78	+2.01
Martin ratio: Return relative to average drawdown	10.35	2.47	+7.89

GTLLX vs. VUG - Sharpe Ratio Comparison

The current GTLLX Sharpe Ratio is 1.59, which is higher than the VUG Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of GTLLX and VUG, 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

GTLLX vs. VUG - Drawdown Comparison

The maximum GTLLX drawdown since its inception was -54.32%, which is greater than VUG's maximum drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for GTLLX and VUG.

Drawdown Indicators

	GTLLX	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-54.32%	-50.68%	-3.64%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-16.53%	+5.77%
Max Drawdown (3Y) Largest decline over 3 years	-41.54%	-22.85%	-18.69%
Max Drawdown (5Y) Largest decline over 5 years	-41.54%	-35.61%	-5.93%
Max Drawdown (10Y) Largest decline over 10 years	-41.54%	-35.61%	-5.93%
Current Drawdown Current decline from peak	-3.65%	-5.53%	+1.88%
Average Drawdown Average peak-to-trough decline	-8.54%	-7.08%	-1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	5.20%	-2.31%

Volatility

GTLLX vs. VUG - Volatility Comparison

The current volatility for Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio (GTLLX) is 5.23%, while Vanguard Growth ETF (VUG) has a volatility of 5.58%. This indicates that GTLLX experiences smaller price fluctuations and is considered to be less risky than VUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTLLX	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	5.58%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	15.42%	14.24%	+1.18%
Volatility (1Y) Calculated over the trailing 1-year period	18.83%	17.74%	+1.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.23%	22.49%	+6.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.10%	21.55%	+3.55%

GTLLX vs. VUG - Expense Ratio Comparison

GTLLX has a 0.85% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

GTLLX vs. VUG - Dividend Comparison

GTLLX's dividend yield for the trailing twelve months is around 12.72%, more than VUG's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTLLX Glenmede Quantitative U.S. Large Cap Growth Equity Portfolio	12.72%	15.33%	40.42%	4.91%	7.93%	20.20%	15.12%	14.10%	16.97%	2.29%	0.58%	0.61%
VUG Vanguard Growth ETF	0.40%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both GTLLX and VUG in my portfolio?

GTLLX and VUG have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTLLX or VUG?

VUG has higher volatility (5.58%) compared to GTLLX (5.23%). In terms of maximum drawdown, GTLLX dropped -54.32% vs VUG's -50.68%.

Which has better risk-adjusted returns?

GTLLX currently has the higher Sharpe Ratio (1.59 vs 0.72), 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.