FMFMX vs. NEAGX
Compare and contrast key facts about Fidelity Advisor Series Equity Growth Fund (FMFMX) and Needham Aggressive Growth Fund (NEAGX).
FMFMX is managed by Fidelity. It was launched on Jun 6, 2014. NEAGX is managed by Needham. It was launched on Sep 4, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMFMX or NEAGX.
Correlation
The correlation between FMFMX and NEAGX is 0.79, 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.
Performance
FMFMX vs. NEAGX - Performance Comparison
Key characteristics
FMFMX:
-0.15
NEAGX:
0.13
FMFMX:
-0.00
NEAGX:
0.34
FMFMX:
1.00
NEAGX:
1.04
FMFMX:
-0.17
NEAGX:
0.18
FMFMX:
-0.41
NEAGX:
0.45
FMFMX:
10.05%
NEAGX:
6.45%
FMFMX:
27.56%
NEAGX:
22.99%
FMFMX:
-41.61%
NEAGX:
-53.03%
FMFMX:
-21.93%
NEAGX:
-5.26%
Returns By Period
In the year-to-date period, FMFMX achieves a 3.39% return, which is significantly higher than NEAGX's 2.81% return. Over the past 10 years, FMFMX has underperformed NEAGX with an annualized return of 4.79%, while NEAGX has yielded a comparatively higher 6.83% annualized return.
FMFMX
3.39%
-0.42%
-13.69%
-2.79%
2.17%
4.79%
NEAGX
2.81%
-4.33%
3.68%
7.04%
16.22%
6.83%
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FMFMX vs. NEAGX - Expense Ratio Comparison
FMFMX has a 0.00% expense ratio, which is lower than NEAGX's 1.86% expense ratio.
Risk-Adjusted Performance
FMFMX vs. NEAGX — Risk-Adjusted Performance Rank
FMFMX
NEAGX
FMFMX vs. NEAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Series Equity Growth Fund (FMFMX) and Needham Aggressive Growth Fund (NEAGX). 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.
Dividends
FMFMX vs. NEAGX - Dividend Comparison
FMFMX's dividend yield for the trailing twelve months is around 0.66%, while NEAGX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMFMX Fidelity Advisor Series Equity Growth Fund | 0.66% | 0.69% | 0.72% | 0.94% | 1.21% | 0.78% | 0.92% | 1.09% | 0.66% | 0.12% | 0.21% | 0.06% |
NEAGX Needham Aggressive Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FMFMX vs. NEAGX - Drawdown Comparison
The maximum FMFMX drawdown since its inception was -41.61%, smaller than the maximum NEAGX drawdown of -53.03%. Use the drawdown chart below to compare losses from any high point for FMFMX and NEAGX. For additional features, visit the drawdowns tool.
Volatility
FMFMX vs. NEAGX - Volatility Comparison
The current volatility for Fidelity Advisor Series Equity Growth Fund (FMFMX) is 5.11%, while Needham Aggressive Growth Fund (NEAGX) has a volatility of 7.05%. This indicates that FMFMX experiences smaller price fluctuations and is considered to be less risky than NEAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.