GTSOX vs. JHQDX

Last updated Apr 2, 2026

Compare and contrast key facts about Glenmede Secured Options Portfolio (GTSOX) and JPMorgan Hedged Equity 2 Fund Class I (JHQDX).

GTSOX is managed by Glenmede. It was launched on Jun 29, 2010. JHQDX is managed by JPMorgan. It was launched on Feb 26, 2021.

Performance

GTSOX vs. JHQDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Glenmede Secured Options Portfolio (GTSOX) and JPMorgan Hedged Equity 2 Fund Class I (JHQDX). The values are adjusted to include any dividend payments, if applicable.

GTSOX vs. JHQDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GTSOX Glenmede Secured Options Portfolio	-0.07%	7.73%	13.79%	14.59%	-11.69%	15.98%
JHQDX JPMorgan Hedged Equity 2 Fund Class I	-3.02%	7.56%	18.03%	15.26%	-13.30%	14.40%

Returns By Period

In the year-to-date period, GTSOX achieves a -0.07% return, which is significantly higher than JHQDX's -3.02% return.

GTSOX

• 1D: 2.70%
• 1M: -2.07%
• YTD: -0.07%
• 6M: 2.52%
• 1Y: 10.07%
• 3Y*: 9.75%
• 5Y*: 6.60%
• 10Y*: 7.13%

JHQDX

• 1D: 1.10%
• 1M: -3.65%
• YTD: -3.02%
• 6M: -1.43%
• 1Y: 6.55%
• 3Y*: 9.71%
• 5Y*: 6.40%
• 10Y*: —

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

GTSOX vs. JHQDX - Expense Ratio Comparison

GTSOX has a 0.85% expense ratio, which is higher than JHQDX's 0.60% expense ratio.

GTSOX

Glenmede Secured Options Portfolio

JHQDX

JPMorgan Hedged Equity 2 Fund Class I

Return for Risk

GTSOX vs. JHQDX — Risk / Return Rank

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

GTSOX

GTSOX Risk / Return Rank: 43
GTSOX Sharpe Ratio Rank: 29
GTSOX Sortino Ratio Rank: 32
GTSOX Omega Ratio Rank: 77
GTSOX Calmar Ratio Rank: 26
GTSOX Martin Ratio Rank: 52

JHQDX

JHQDX Risk / Return Rank: 41
JHQDX Sharpe Ratio Rank: 37
JHQDX Sortino Ratio Rank: 35
JHQDX Omega Ratio Rank: 35
JHQDX Calmar Ratio Rank: 48
JHQDX Martin Ratio Rank: 53

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.

GTSOX vs. JHQDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Glenmede Secured Options Portfolio (GTSOX) and JPMorgan Hedged Equity 2 Fund Class I (JHQDX). 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.

	GTSOX	JHQDX	Difference
Sharpe ratio Return per unit of total volatility	0.77	0.85	-0.08
Sortino ratio Return per unit of downside risk	1.22	1.24	-0.02
Omega ratio Gain probability vs. loss probability	1.31	1.18	+0.13
Calmar ratio Return relative to maximum drawdown	0.89	1.27	-0.39
Martin ratio Return relative to average drawdown	5.59	5.49	+0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GTSOX vs. JHQDX - Sharpe Ratio Comparison

The current GTSOX Sharpe Ratio is 0.77, which is comparable to the JHQDX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of GTSOX and JHQDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GTSOX	JHQDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	0.85	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.74	-0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.80	-0.25

Correlation

The correlation between GTSOX and JHQDX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GTSOX vs. JHQDX - Dividend Comparison

GTSOX's dividend yield for the trailing twelve months is around 7.47%, more than JHQDX's 0.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTSOX Glenmede Secured Options Portfolio	7.47%	7.47%	12.31%	0.00%	0.00%	13.35%	0.00%	7.56%	2.62%	6.57%	5.01%	5.95%
JHQDX JPMorgan Hedged Equity 2 Fund Class I	0.51%	0.50%	0.75%	0.96%	6.91%	0.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

GTSOX vs. JHQDX - Drawdown Comparison

The maximum GTSOX drawdown since its inception was -29.21%, which is greater than JHQDX's maximum drawdown of -15.25%. Use the drawdown chart below to compare losses from any high point for GTSOX and JHQDX.

Drawdown Indicators

	GTSOX	JHQDX	Difference
Max Drawdown Largest peak-to-trough decline	-29.21%	-15.25%	-13.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.14%	-5.41%	-5.73%
Max Drawdown (5Y) Largest decline over 5 years	-22.03%	-15.25%	-6.78%
Max Drawdown (10Y) Largest decline over 10 years	-29.21%	—	—
Current Drawdown Current decline from peak	-4.17%	-4.37%	+0.20%
Average Drawdown Average peak-to-trough decline	-2.99%	-3.32%	+0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	1.26%	+0.51%

Volatility

GTSOX vs. JHQDX - Volatility Comparison

Glenmede Secured Options Portfolio (GTSOX) has a higher volatility of 4.30% compared to JPMorgan Hedged Equity 2 Fund Class I (JHQDX) at 2.60%. This indicates that GTSOX's price experiences larger fluctuations and is considered to be riskier than JHQDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTSOX	JHQDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	2.60%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	4.95%	5.55%	-0.60%
Volatility (1Y) Calculated over the trailing 1-year period	14.05%	7.82%	+6.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.19%	8.74%	+4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.44%	8.70%	+4.74%