IPLIX vs. GTLOX
IPLIX (Voya Index Plus LargeCap Portfolio) and GTLOX (Glenmede Quantitative U.S. Large Cap Core Equity Portfolio) are both Large Cap Blend Equities funds. Over the past 10 years, IPLIX returned 14.95%/yr vs 12.98%/yr for GTLOX. Their correlation of 0.94 suggests significant overlap in exposure. IPLIX charges 0.55%/yr vs 0.85%/yr for GTLOX.
Performance
IPLIX vs. GTLOX - Performance Comparison
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Returns By Period
In the year-to-date period, IPLIX achieves a 9.76% return, which is significantly lower than GTLOX's 22.20% return. Over the past 10 years, IPLIX has outperformed GTLOX with an annualized return of 14.95%, while GTLOX has yielded a comparatively lower 12.98% annualized return.
IPLIX
- 1D
- -0.23%
- 1M
- 0.53%
- YTD
- 9.76%
- 6M
- 8.53%
- 1Y
- 24.51%
- 3Y*
- 20.58%
- 5Y*
- 12.73%
- 10Y*
- 14.95%
GTLOX
- 1D
- 0.84%
- 1M
- 4.47%
- YTD
- 22.20%
- 6M
- 21.09%
- 1Y
- 42.25%
- 3Y*
- 20.68%
- 5Y*
- 11.42%
- 10Y*
- 12.98%
IPLIX vs. GTLOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IPLIX Voya Index Plus LargeCap Portfolio | 9.76% | 15.30% | 25.20% | 26.06% | -19.04% | 29.01% | 15.56% | 29.67% | -6.79% | 24.66% |
GTLOX Glenmede Quantitative U.S. Large Cap Core Equity Portfolio | 22.20% | 14.39% | 13.86% | 16.66% | -15.37% | 27.05% | 7.41% | 23.27% | -7.97% | 24.78% |
Correlation
The correlation between IPLIX and GTLOX is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2005 | 0.94 |
The correlation between IPLIX and GTLOX shifts across timeframes, from 0.75 (1 year) to 0.94 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IPLIX vs. GTLOX — Risk / Return Rank
IPLIX
GTLOX
IPLIX vs. GTLOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Index Plus LargeCap Portfolio (IPLIX) and Glenmede Quantitative U.S. Large Cap Core Equity Portfolio (GTLOX). 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.
| IPLIX | GTLOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.51 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.13 | 5.85 | -2.72 |
| Martin ratioReturn relative to average drawdown | 13.65 | 24.67 | -11.02 |
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Drawdowns
IPLIX vs. GTLOX - Drawdown Comparison
The maximum IPLIX drawdown since its inception was -51.01%, smaller than the maximum GTLOX drawdown of -54.09%. Use the drawdown chart below to compare losses from any high point for IPLIX and GTLOX.
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Drawdown Indicators
| IPLIX | GTLOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.01% | -54.09% | +3.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.00% | -7.47% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -19.56% | -32.85% | +13.29% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -32.85% | +8.07% |
Max Drawdown (10Y)Largest decline over 10 years | -35.40% | -38.15% | +2.75% |
Current DrawdownCurrent decline from peak | -1.47% | -0.54% | -0.93% |
Average DrawdownAverage peak-to-trough decline | -9.94% | -8.31% | -1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 1.76% | +0.22% |
Volatility
IPLIX vs. GTLOX - Volatility Comparison
The current volatility for Voya Index Plus LargeCap Portfolio (IPLIX) is 4.78%, while Glenmede Quantitative U.S. Large Cap Core Equity Portfolio (GTLOX) has a volatility of 6.13%. This indicates that IPLIX experiences smaller price fluctuations and is considered to be less risky than GTLOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IPLIX | GTLOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 6.13% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 11.46% | -0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.71% | 14.64% | -0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.89% | 21.96% | -4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.85% | 20.97% | -2.12% |
IPLIX vs. GTLOX - Expense Ratio Comparison
IPLIX has a 0.55% expense ratio, which is lower than GTLOX's 0.85% expense ratio.
Dividends
IPLIX vs. GTLOX - Dividend Comparison
IPLIX's dividend yield for the trailing twelve months is around 11.79%, less than GTLOX's 14.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTLOX Glenmede Quantitative U.S. Large Cap Core Equity Portfolio | 14.65% | 17.84% | 25.96% | 8.32% | 23.58% | 13.35% | 9.06% | 5.35% | 10.53% | 4.99% | 1.08% | 2.09% |
IPLIX Voya Index Plus LargeCap Portfolio | 11.79% | 10.85% | 5.16% | 2.88% | 35.98% | 7.06% | 10.07% | 9.90% | 10.97% | 3.12% | 1.59% | 1.61% |
Frequently Asked Questions
IPLIX and GTLOX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GTLOX has higher volatility (6.13%) compared to IPLIX (4.78%). In terms of maximum drawdown, IPLIX dropped -51.01% vs GTLOX's -54.09%.
GTLOX currently has the higher Sharpe Ratio (2.99 vs 2.06), 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.
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