GPSCX vs. NEAIX

Last updated Aug 1, 2026

GPSCX (Victory RS Small Cap Equity Fund) and NEAIX (Needham Aggressive Growth Fund Institutional Class) are both Small Cap Growth Equities funds. Their 0.74 correlation means they have sometimes moved together and sometimes differently. GPSCX charges 1.25%/yr vs 1.20%/yr for NEAIX.

Performance

GPSCX vs. NEAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Small Cap Equity Fund (GPSCX) and Needham Aggressive Growth Fund Institutional Class (NEAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GPSCX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NEAIX

• 1D: 4.76%
• 1M: -12.09%
• 6M: 19.43%
• YTD: 32.18%
• 1Y: 49.74%
• 3Y*: 24.92%
• 5Y*: 17.76%
• 10Y*: —
• ALL TIME*: 19.55%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NEAIX Needham Aggressive Growth Fund Institutional Class	$0.00	$0.00	$0.00

GPSCX vs. NEAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GPSCX Victory RS Small Cap Equity Fund	0.00%	-13.27%	24.26%	7.27%	-37.24%	-7.96%	37.80%	38.52%	-8.92%	37.59%
NEAIX Needham Aggressive Growth Fund Institutional Class	32.18%	26.99%	14.86%	38.37%	-27.02%	38.46%	52.49%	44.68%	-15.64%	10.07%

Correlation

The correlation between GPSCX and NEAIX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.57
Correlation (5Y) Shows whether the relationship held over a longer period.	0.69
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.74

The correlation between GPSCX and NEAIX shifts across timeframes, from 0.57 (3 years) to 0.74 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GPSCX vs. NEAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GPSCX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

NEAIX

NEAIX Risk / Return Rank: 60
NEAIX Sharpe Ratio Rank: 64
NEAIX Sortino Ratio Rank: 56
NEAIX Omega Ratio Rank: 55
NEAIX Calmar Ratio Rank: 55
NEAIX Martin Ratio Rank: 69

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GPSCX vs. NEAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Small Cap Equity Fund (GPSCX) and Needham Aggressive Growth Fund Institutional Class (NEAIX). 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.

	GPSCX	NEAIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.51	—
Sortino ratio: Return per unit of downside risk	—	2.00	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	1.94	—
Martin ratio: Return relative to average drawdown	—	8.42	—

Drawdowns

Drawdown Indicators

	GPSCX	NEAIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-35.93%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-24.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.93%	—
Current Drawdown Current decline from peak	—	-20.48%	—
Average Drawdown Average peak-to-trough decline	—	-8.60%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.53%	—

Volatility

Volatility by Period

	GPSCX	NEAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	30.84%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.66%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	25.07%	—

GPSCX vs. NEAIX - Expense Ratio Comparison

GPSCX has a 1.25% expense ratio, which is higher than NEAIX's 1.20% expense ratio.

Dividends

GPSCX vs. NEAIX - Dividend Comparison

GPSCX has not paid dividends to shareholders, while NEAIX's dividend yield for the trailing twelve months is around 1.52%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GPSCX Victory RS Small Cap Equity Fund	0.00%	0.48%	0.00%	0.00%	11.02%	24.10%	22.25%	11.69%	33.03%	5.00%	0.00%	40.41%
NEAIX Needham Aggressive Growth Fund Institutional Class	1.52%	2.01%	0.00%	0.00%	0.00%	6.84%	3.80%	10.42%	16.35%	5.14%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GPSCX and NEAIX in my portfolio?

GPSCX and NEAIX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.