MMGEX vs. NESIX
Compare and contrast key facts about MassMutual Small Cap Growth Equity Fund (MMGEX) and Needham Small Cap Growth Fund Institutional (NESIX).
MMGEX is managed by MassMutual. It was launched on May 3, 1999. NESIX is managed by Needham. It was launched on Dec 30, 2016.
Performance
MMGEX vs. NESIX - Performance Comparison
Loading graphics...
MMGEX vs. NESIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMGEX MassMutual Small Cap Growth Equity Fund | -1.89% | 10.66% | 14.79% | 16.35% | -26.21% | 8.52% | 40.08% | 61.40% | -5.46% | 23.60% |
NESIX Needham Small Cap Growth Fund Institutional | 9.63% | 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, MMGEX achieves a -1.89% return, which is significantly lower than NESIX's 9.63% return.
MMGEX
- 1D
- -2.15%
- 1M
- -9.01%
- YTD
- -1.89%
- 6M
- 2.33%
- 1Y
- 20.94%
- 3Y*
- 11.61%
- 5Y*
- 2.17%
- 10Y*
- 13.31%
NESIX
- 1D
- -4.46%
- 1M
- -7.08%
- YTD
- 9.63%
- 6M
- 12.40%
- 1Y
- 48.73%
- 3Y*
- 11.47%
- 5Y*
- 1.26%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MMGEX vs. NESIX - Expense Ratio Comparison
MMGEX has a 1.41% expense ratio, which is higher than NESIX's 1.18% expense ratio.
Return for Risk
MMGEX vs. NESIX — Risk / Return Rank
MMGEX
NESIX
MMGEX vs. NESIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Small Cap Growth Equity Fund (MMGEX) 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.
| MMGEX | NESIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.34 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.35 | 1.91 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.25 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.44 | -1.13 |
Martin ratioReturn relative to average drawdown | 5.65 | 8.21 | -2.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MMGEX | NESIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.34 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.04 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.53 | -0.24 |
Correlation
The correlation between MMGEX and NESIX is 0.84, 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
MMGEX vs. NESIX - Dividend Comparison
MMGEX's dividend yield for the trailing twelve months is around 38.67%, while NESIX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMGEX MassMutual Small Cap Growth Equity Fund | 38.67% | 37.94% | 8.94% | 0.00% | 0.00% | 44.40% | 10.36% | 32.83% | 29.40% | 6.91% | 0.00% | 33.83% |
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
MMGEX vs. NESIX - Drawdown Comparison
The maximum MMGEX drawdown since its inception was -63.65%, which is greater than NESIX's maximum drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for MMGEX and NESIX.
Loading graphics...
Drawdown Indicators
| MMGEX | NESIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.65% | -49.61% | -14.04% |
Max Drawdown (1Y)Largest decline over 1 year | -13.78% | -17.25% | +3.47% |
Max Drawdown (5Y)Largest decline over 5 years | -51.21% | -49.61% | -1.60% |
Max Drawdown (10Y)Largest decline over 10 years | -51.21% | — | — |
Current DrawdownCurrent decline from peak | -23.06% | -9.15% | -13.91% |
Average DrawdownAverage peak-to-trough decline | -23.52% | -15.27% | -8.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 5.12% | -1.92% |
Volatility
MMGEX vs. NESIX - Volatility Comparison
The current volatility for MassMutual Small Cap Growth Equity Fund (MMGEX) is 8.49%, while Needham Small Cap Growth Fund Institutional (NESIX) has a volatility of 10.99%. This indicates that MMGEX experiences smaller price fluctuations and is considered to be less risky than NESIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MMGEX | NESIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.49% | 10.99% | -2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 14.88% | 22.90% | -8.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.38% | 35.06% | -11.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.35% | 29.10% | +3.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.90% | 26.30% | +2.60% |