IJMIX vs. GTTMX

Last updated Jun 6, 2026

IJMIX (VY JPMorgan Mid Cap Value Portfolio) and GTTMX (Glenmede Quantitative U.S. Total Market Equity Portfolio) are both Mid Cap Value Equities funds. Over the past 10 years, IJMIX returned 8.79%/yr vs 12.32%/yr for GTTMX. Their correlation of 0.90 suggests significant overlap in exposure. IJMIX charges 0.88%/yr vs 1.83%/yr for GTTMX.

Performance

IJMIX vs. GTTMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY JPMorgan Mid Cap Value Portfolio (IJMIX) and Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IJMIX achieves a 8.02% return, which is significantly lower than GTTMX's 13.57% return. Over the past 10 years, IJMIX has underperformed GTTMX with an annualized return of 8.79%, while GTTMX has yielded a comparatively higher 12.32% annualized return.

IJMIX

• 1D: 0.77%
• 1M: 0.51%
• YTD: 8.02%
• 6M: 6.91%
• 1Y: 13.97%
• 3Y*: 13.01%
• 5Y*: 6.23%
• 10Y*: 8.79%

GTTMX

• 1D: 0.34%
• 1M: 3.26%
• YTD: 13.57%
• 6M: 14.49%
• 1Y: 29.82%
• 3Y*: 18.37%
• 5Y*: 10.12%
• 10Y*: 12.32%

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

IJMIX vs. GTTMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IJMIX VY JPMorgan Mid Cap Value Portfolio	8.02%	3.49%	14.20%	10.81%	-8.20%	29.83%	0.61%	26.34%	-11.91%	14.06%
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	13.57%	18.40%	14.84%	9.39%	-13.90%	41.28%	5.12%	24.18%	-11.99%	22.88%

Correlation

The correlation between IJMIX and GTTMX is 0.68, 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	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jan 4, 2007	0.90

Over the past year, the correlation between IJMIX and GTTMX has dropped to 0.68 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

IJMIX vs. GTTMX — Risk / Return Rank

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

IJMIX

IJMIX Risk / Return Rank: 21
IJMIX Sharpe Ratio Rank: 13
IJMIX Sortino Ratio Rank: 13
IJMIX Omega Ratio Rank: 18
IJMIX Calmar Ratio Rank: 28
IJMIX Martin Ratio Rank: 31

GTTMX

GTTMX Risk / Return Rank: 64
GTTMX Sharpe Ratio Rank: 50
GTTMX Sortino Ratio Rank: 47
GTTMX Omega Ratio Rank: 43
GTTMX Calmar Ratio Rank: 91
GTTMX Martin Ratio Rank: 85

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.

IJMIX vs. GTTMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY JPMorgan Mid Cap Value Portfolio (IJMIX) and Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX). 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.

	IJMIX	GTTMX	Difference
Sharpe ratio: Return per unit of total volatility	0.92	2.03	-1.11
Sortino ratio: Return per unit of downside risk	1.39	2.80	-1.41
Omega ratio: Gain probability vs. loss probability	1.21	1.34	-0.13
Calmar ratio: Return relative to maximum drawdown	1.86	4.63	-2.76
Martin ratio: Return relative to average drawdown	6.90	15.57	-8.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJMIX vs. GTTMX - Sharpe Ratio Comparison

The current IJMIX Sharpe Ratio is 0.92, which is lower than the GTTMX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of IJMIX and GTTMX, 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

	IJMIX	GTTMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	2.03	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.56	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.60	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.42	-0.09

Drawdowns

IJMIX vs. GTTMX - Drawdown Comparison

The maximum IJMIX drawdown since its inception was -54.73%, roughly equal to the maximum GTTMX drawdown of -56.24%. Use the drawdown chart below to compare losses from any high point for IJMIX and GTTMX.

Drawdown Indicators

	IJMIX	GTTMX	Difference
Max Drawdown Largest peak-to-trough decline	-54.73%	-56.24%	+1.51%
Max Drawdown (1Y) Largest decline over 1 year	-8.26%	-6.51%	-1.75%
Max Drawdown (3Y) Largest decline over 3 years	-18.61%	-20.62%	+2.01%
Max Drawdown (5Y) Largest decline over 5 years	-18.96%	-24.12%	+5.16%
Max Drawdown (10Y) Largest decline over 10 years	-43.18%	-44.59%	+1.41%
Current Drawdown Current decline from peak	-0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.22%	-10.24%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	1.92%	+0.27%

Volatility

IJMIX vs. GTTMX - Volatility Comparison

VY JPMorgan Mid Cap Value Portfolio (IJMIX) has a higher volatility of 11.37% compared to Glenmede Quantitative U.S. Total Market Equity Portfolio (GTTMX) at 3.92%. This indicates that IJMIX's price experiences larger fluctuations and is considered to be riskier than GTTMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IJMIX	GTTMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.37%	3.92%	+7.45%
Volatility (6M) Calculated over the trailing 6-month period	13.80%	10.82%	+2.98%
Volatility (1Y) Calculated over the trailing 1-year period	16.71%	14.83%	+1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.74%	18.32%	-0.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	20.49%	-0.80%

IJMIX vs. GTTMX - Expense Ratio Comparison

IJMIX has a 0.88% expense ratio, which is lower than GTTMX's 1.83% expense ratio.

Dividends

IJMIX vs. GTTMX - Dividend Comparison

IJMIX's dividend yield for the trailing twelve months is around 14.56%, less than GTTMX's 16.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTTMX Glenmede Quantitative U.S. Total Market Equity Portfolio	16.60%	18.85%	14.45%	5.83%	0.40%	17.50%	11.58%	5.95%	9.88%	3.00%	0.55%	0.59%
IJMIX VY JPMorgan Mid Cap Value Portfolio	14.56%	15.72%	6.03%	11.36%	20.71%	4.23%	9.14%	14.29%	11.98%	10.41%	10.24%	17.53%

Frequently Asked Questions

Can I hold both IJMIX and GTTMX in my portfolio?

IJMIX and GTTMX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IJMIX or GTTMX?

IJMIX has higher volatility (11.37%) compared to GTTMX (3.92%). In terms of maximum drawdown, IJMIX dropped -54.73% vs GTTMX's -56.24%.

Which has better risk-adjusted returns?

GTTMX currently has the higher Sharpe Ratio (2.03 vs 0.92), 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.