FTXNX vs. NESIX

Last updated Apr 2, 2026

Compare and contrast key facts about Fuller & Thaler Behavioral Small-Cap Growth Fund (FTXNX) and Needham Small Cap Growth Fund Institutional (NESIX).

FTXNX is managed by Fuller & Thaler Asset Mgmt. It was launched on Dec 21, 2017. NESIX is managed by Needham. It was launched on Dec 30, 2016.

Performance

FTXNX vs. NESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fuller & Thaler Behavioral Small-Cap Growth Fund (FTXNX) and Needham Small Cap Growth Fund Institutional (NESIX). The values are adjusted to include any dividend payments, if applicable.

FTXNX vs. NESIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTXNX Fuller & Thaler Behavioral Small-Cap Growth Fund	1.90%	12.10%	28.50%	32.77%	-27.66%	25.16%	50.97%	18.83%	-3.91%
NESIX Needham Small Cap Growth Fund Institutional	15.52%	11.16%	13.47%	5.85%	-29.71%	11.36%	73.06%	55.28%	-8.08%

Returns By Period

In the year-to-date period, FTXNX achieves a 1.90% return, which is significantly lower than NESIX's 15.52% return.

FTXNX

• 1D: 5.48%
• 1M: -7.16%
• YTD: 1.90%
• 6M: 3.24%
• 1Y: 33.07%
• 3Y*: 19.98%
• 5Y*: 9.94%
• 10Y*: —

NESIX

• 1D: 5.37%
• 1M: -3.69%
• YTD: 15.52%
• 6M: 15.78%
• 1Y: 56.14%
• 3Y*: 13.44%
• 5Y*: 1.70%
• 10Y*: —

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

FTXNX vs. NESIX - Expense Ratio Comparison

FTXNX has a 1.44% expense ratio, which is higher than NESIX's 1.18% expense ratio.

FTXNX

Fuller & Thaler Behavioral Small-Cap Growth Fund

NESIX

Needham Small Cap Growth Fund Institutional

Return for Risk

FTXNX vs. NESIX — Risk / Return Rank

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

FTXNX

FTXNX Risk / Return Rank: 68
FTXNX Sharpe Ratio Rank: 61
FTXNX Sortino Ratio Rank: 61
FTXNX Omega Ratio Rank: 54
FTXNX Calmar Ratio Rank: 82
FTXNX Martin Ratio Rank: 81

NESIX

NESIX Risk / Return Rank: 84
NESIX Sharpe Ratio Rank: 82
NESIX Sortino Ratio Rank: 81
NESIX Omega Ratio Rank: 73
NESIX Calmar Ratio Rank: 93
NESIX Martin Ratio Rank: 90

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.

FTXNX vs. NESIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fuller & Thaler Behavioral Small-Cap Growth Fund (FTXNX) and Needham Small Cap Growth Fund Institutional (NESIX). 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.

	FTXNX	NESIX	Difference
Sharpe ratio Return per unit of total volatility	1.14	1.61	-0.47
Sortino ratio Return per unit of downside risk	1.64	2.20	-0.56
Omega ratio Gain probability vs. loss probability	1.23	1.29	-0.07
Calmar ratio Return relative to maximum drawdown	2.09	3.17	-1.07
Martin ratio Return relative to average drawdown	8.42	10.66	-2.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTXNX vs. NESIX - Sharpe Ratio Comparison

The current FTXNX Sharpe Ratio is 1.14, which is comparable to the NESIX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FTXNX and NESIX, 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

	FTXNX	NESIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	1.61	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.06	+0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.55	-0.02

Correlation

The correlation between FTXNX and NESIX is 0.83, 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

FTXNX vs. NESIX - Dividend Comparison

Neither FTXNX nor NESIX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTXNX Fuller & Thaler Behavioral Small-Cap Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	17.21%	0.00%	0.00%	0.00%	0.00%
NESIX Needham Small Cap Growth Fund Institutional	0.00%	0.00%	0.00%	0.00%	3.93%	23.92%	13.26%	8.25%	21.96%	8.89%

Drawdowns

FTXNX vs. NESIX - Drawdown Comparison

The maximum FTXNX drawdown since its inception was -45.22%, smaller than the maximum NESIX drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for FTXNX and NESIX.

Drawdown Indicators

	FTXNX	NESIX	Difference
Max Drawdown Largest peak-to-trough decline	-45.22%	-49.61%	+4.39%
Max Drawdown (1Y) Largest decline over 1 year	-15.80%	-17.25%	+1.45%
Max Drawdown (5Y) Largest decline over 5 years	-39.68%	-49.61%	+9.93%
Current Drawdown Current decline from peak	-7.61%	-4.27%	-3.34%
Average Drawdown Average peak-to-trough decline	-12.82%	-15.26%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.93%	5.13%	-1.20%

Volatility

FTXNX vs. NESIX - Volatility Comparison

Fuller & Thaler Behavioral Small-Cap Growth Fund (FTXNX) and Needham Small Cap Growth Fund Institutional (NESIX) have volatilities of 12.44% and 12.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXNX	NESIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.44%	12.19%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	21.02%	23.47%	-2.45%
Volatility (1Y) Calculated over the trailing 1-year period	30.18%	35.37%	-5.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.55%	29.15%	-2.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.67%	26.35%	+1.32%