LAGWX vs. NESIX
Compare and contrast key facts about Lord Abbett Developing Growth Fund (LAGWX) and Needham Small Cap Growth Fund Institutional (NESIX).
LAGWX is managed by Lord Abbett. It was launched on Oct 10, 1973. NESIX is managed by Needham. It was launched on Dec 30, 2016.
Performance
LAGWX vs. NESIX - Performance Comparison
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LAGWX vs. NESIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAGWX Lord Abbett Developing Growth Fund | -0.55% | 14.37% | 21.89% | 8.50% | -36.09% | -2.77% | 72.40% | 31.47% | 4.52% | 28.77% |
NESIX Needham Small Cap Growth Fund Institutional | 15.52% | 11.16% | 13.47% | 5.85% | -29.71% | 11.36% | 73.06% | 55.28% | -4.87% | 12.63% |
Returns By Period
In the year-to-date period, LAGWX achieves a -0.55% return, which is significantly lower than NESIX's 15.52% return.
LAGWX
- 1D
- 6.25%
- 1M
- -5.45%
- YTD
- -0.55%
- 6M
- 1.15%
- 1Y
- 38.23%
- 3Y*
- 11.57%
- 5Y*
- -2.04%
- 10Y*
- 11.97%
NESIX
- 1D
- 5.37%
- 1M
- -3.69%
- YTD
- 15.52%
- 6M
- 15.78%
- 1Y
- 56.14%
- 3Y*
- 13.44%
- 5Y*
- 1.70%
- 10Y*
- —
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LAGWX vs. NESIX - Expense Ratio Comparison
LAGWX has a 0.93% expense ratio, which is lower than NESIX's 1.18% expense ratio.
Return for Risk
LAGWX vs. NESIX — Risk / Return Rank
LAGWX
NESIX
LAGWX vs. NESIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Developing Growth Fund (LAGWX) 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.
| LAGWX | NESIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.61 | -0.27 |
Sortino ratioReturn per unit of downside risk | 1.89 | 2.20 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.29 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.50 | 3.17 | -0.67 |
Martin ratioReturn relative to average drawdown | 9.02 | 10.66 | -1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LAGWX | NESIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.61 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | 0.06 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.55 | -0.07 |
Correlation
The correlation between LAGWX and NESIX is 0.80, 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
LAGWX vs. NESIX - Dividend Comparison
Neither LAGWX nor NESIX has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAGWX Lord Abbett Developing Growth Fund | 0.00% | 0.00% | 0.03% | 0.00% | 0.00% | 12.60% | 9.67% | 22.87% | 33.87% | 0.00% | 0.00% | 10.03% |
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% | 0.00% | 0.00% |
Drawdowns
LAGWX vs. NESIX - Drawdown Comparison
The maximum LAGWX drawdown since its inception was -60.31%, which is greater than NESIX's maximum drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for LAGWX and NESIX.
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Drawdown Indicators
| LAGWX | NESIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.31% | -49.61% | -10.70% |
Max Drawdown (1Y)Largest decline over 1 year | -14.72% | -17.25% | +2.53% |
Max Drawdown (5Y)Largest decline over 5 years | -51.25% | -49.61% | -1.64% |
Max Drawdown (10Y)Largest decline over 10 years | -54.38% | — | — |
Current DrawdownCurrent decline from peak | -21.67% | -4.27% | -17.40% |
Average DrawdownAverage peak-to-trough decline | -17.11% | -15.26% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.07% | 5.13% | -1.06% |
Volatility
LAGWX vs. NESIX - Volatility Comparison
Lord Abbett Developing Growth Fund (LAGWX) and Needham Small Cap Growth Fund Institutional (NESIX) have volatilities of 12.67% 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.
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Volatility by Period
| LAGWX | NESIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.67% | 12.19% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 20.98% | 23.47% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.57% | 35.37% | -6.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 29.15% | -1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.01% | 26.35% | +0.66% |