ADNPX vs. NEEIX
ADNPX (American Beacon ARK Transformational Innovation Fund) and NEEIX (Needham Growth Fund Institutional Class) are both Mid Cap Growth Equities funds. Over the past 5 years, ADNPX returned -9.13%/yr vs 10.28%/yr for NEEIX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. ADNPX charges 1.39%/yr vs 1.21%/yr for NEEIX.
Performance
ADNPX vs. NEEIX - Performance Comparison
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Returns By Period
In the year-to-date period, ADNPX achieves a -6.40% return, which is significantly lower than NEEIX's 35.91% return.
ADNPX
- 1D
- -2.43%
- 1M
- -13.02%
- 6M
- -3.21%
- YTD
- -6.40%
- 1Y
- 1.31%
- 3Y*
- 13.33%
- 5Y*
- -9.13%
- 10Y*
- —
- ALL TIME*
- 12.72%
NEEIX
- 1D
- 0.82%
- 1M
- -9.25%
- 6M
- 17.09%
- YTD
- 35.91%
- 1Y
- 53.25%
- 3Y*
- 19.26%
- 5Y*
- 10.28%
- 10Y*
- —
- ALL TIME*
- 15.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ADNPX vs. NEEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADNPX American Beacon ARK Transformational Innovation Fund | -6.40% | 35.66% | 8.19% | 67.46% | -66.37% | -22.90% | 147.19% | 31.93% | -3.50% | 65.99% |
NEEIX Needham Growth Fund Institutional Class | 35.91% | 9.32% | 19.26% | 27.30% | -33.26% | 28.13% | 42.39% | 43.15% | -10.13% | 7.09% |
Correlation
The correlation between ADNPX and NEEIX is 0.66, 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. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.73 |
The correlation between ADNPX and NEEIX has been stable across timeframes, ranging from 0.66 to 0.73 - a consistent structural relationship.
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Return for Risk
ADNPX vs. NEEIX — Risk / Return Rank
ADNPX
NEEIX
ADNPX vs. NEEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon ARK Transformational Innovation Fund (ADNPX) and Needham Growth Fund Institutional Class (NEEIX). 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.
| ADNPX | NEEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.69 | ||
| Sortino ratioReturn per unit of downside risk | -1.99 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.27 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | 2.21 | -2.34 |
| Martin ratioReturn relative to average drawdown | -0.29 | 9.05 | -9.34 |
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Drawdowns
ADNPX vs. NEEIX - Drawdown Comparison
The maximum ADNPX drawdown since its inception was -79.98%, which is greater than NEEIX's maximum drawdown of -43.11%. Use the drawdown chart below to compare losses from any high point for ADNPX and NEEIX.
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Drawdown Indicators
| ADNPX | NEEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.98% | -43.11% | -36.87% |
Max Drawdown (1Y)Largest decline over 1 year | -30.04% | -23.12% | -6.92% |
Max Drawdown (3Y)Largest decline over 3 years | -38.99% | -36.13% | -2.86% |
Max Drawdown (5Y)Largest decline over 5 years | -75.82% | -43.11% | -32.71% |
Current DrawdownCurrent decline from peak | -51.51% | -17.95% | -33.56% |
Average DrawdownAverage peak-to-trough decline | -34.91% | -10.83% | -24.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.10% | 5.64% | +8.46% |
Volatility
ADNPX vs. NEEIX - Volatility Comparison
The current volatility for American Beacon ARK Transformational Innovation Fund (ADNPX) is 10.38%, while Needham Growth Fund Institutional Class (NEEIX) has a volatility of 12.55%. This indicates that ADNPX experiences smaller price fluctuations and is considered to be less risky than NEEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADNPX | NEEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.38% | 12.55% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 28.07% | 26.85% | +1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.07% | 32.46% | +3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.38% | 29.42% | +15.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.64% | 26.31% | +13.33% |
ADNPX vs. NEEIX - Expense Ratio Comparison
ADNPX has a 1.39% expense ratio, which is higher than NEEIX's 1.21% expense ratio.
Dividends
ADNPX vs. NEEIX - Dividend Comparison
ADNPX has not paid dividends to shareholders, while NEEIX's dividend yield for the trailing twelve months is around 5.27%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ADNPX American Beacon ARK Transformational Innovation Fund | 0.00% | 0.00% | 0.00% | 0.00% | 9.67% | 31.49% | 0.39% | 3.31% | 6.56% | 3.64% |
NEEIX Needham Growth Fund Institutional Class | 5.27% | 7.16% | 7.48% | 0.00% | 1.72% | 6.70% | 5.58% | 11.09% | 17.58% | 9.64% |
Frequently Asked Questions
ADNPX and NEEIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEEIX has higher volatility (12.55%) compared to ADNPX (10.38%). In terms of maximum drawdown, ADNPX dropped -79.98% vs NEEIX's -43.11%.
NEEIX currently has the higher Sharpe Ratio (1.58 vs -0.11), 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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