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NEAGX vs. IMCG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NEAGXIMCG
YTD Return15.57%22.20%
1Y Return30.86%39.37%
3Y Return (Ann)3.86%2.04%
5Y Return (Ann)18.12%14.11%
10Y Return (Ann)6.90%12.37%
Sharpe Ratio1.372.72
Sortino Ratio2.023.73
Omega Ratio1.241.47
Calmar Ratio1.711.60
Martin Ratio5.2414.44
Ulcer Index5.88%2.72%
Daily Std Dev22.48%14.45%
Max Drawdown-53.03%-58.96%
Current Drawdown-6.83%-0.56%

Correlation

-0.50.00.51.00.8

The correlation between NEAGX and IMCG 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.

Performance

NEAGX vs. IMCG - Performance Comparison

In the year-to-date period, NEAGX achieves a 15.57% return, which is significantly lower than IMCG's 22.20% return. Over the past 10 years, NEAGX has underperformed IMCG with an annualized return of 6.90%, while IMCG has yielded a comparatively higher 12.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-4.67%
12.74%
NEAGX
IMCG

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NEAGX vs. IMCG - Expense Ratio Comparison

NEAGX has a 1.86% expense ratio, which is higher than IMCG's 0.06% expense ratio.


NEAGX
Needham Aggressive Growth Fund
Expense ratio chart for NEAGX: current value at 1.86% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.86%
Expense ratio chart for IMCG: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

NEAGX vs. IMCG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Aggressive Growth Fund (NEAGX) and iShares Morningstar Mid-Cap Growth ETF (IMCG). 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.


NEAGX
Sharpe ratio
The chart of Sharpe ratio for NEAGX, currently valued at 1.37, compared to the broader market0.002.004.001.37
Sortino ratio
The chart of Sortino ratio for NEAGX, currently valued at 2.02, compared to the broader market0.005.0010.002.02
Omega ratio
The chart of Omega ratio for NEAGX, currently valued at 1.24, compared to the broader market1.002.003.004.001.24
Calmar ratio
The chart of Calmar ratio for NEAGX, currently valued at 1.71, compared to the broader market0.005.0010.0015.0020.001.71
Martin ratio
The chart of Martin ratio for NEAGX, currently valued at 5.24, compared to the broader market0.0020.0040.0060.0080.00100.005.24
IMCG
Sharpe ratio
The chart of Sharpe ratio for IMCG, currently valued at 2.72, compared to the broader market0.002.004.002.72
Sortino ratio
The chart of Sortino ratio for IMCG, currently valued at 3.73, compared to the broader market0.005.0010.003.73
Omega ratio
The chart of Omega ratio for IMCG, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for IMCG, currently valued at 1.60, compared to the broader market0.005.0010.0015.0020.001.60
Martin ratio
The chart of Martin ratio for IMCG, currently valued at 14.44, compared to the broader market0.0020.0040.0060.0080.00100.0014.44

NEAGX vs. IMCG - Sharpe Ratio Comparison

The current NEAGX Sharpe Ratio is 1.37, which is lower than the IMCG Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of NEAGX and IMCG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.37
2.72
NEAGX
IMCG

Dividends

NEAGX vs. IMCG - Dividend Comparison

NEAGX has not paid dividends to shareholders, while IMCG's dividend yield for the trailing twelve months is around 0.77%.


TTM20232022202120202019201820172016201520142013
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%
IMCG
iShares Morningstar Mid-Cap Growth ETF
0.77%0.85%0.91%0.41%0.09%0.30%0.35%0.45%0.52%0.38%0.60%0.36%

Drawdowns

NEAGX vs. IMCG - Drawdown Comparison

The maximum NEAGX drawdown since its inception was -53.03%, smaller than the maximum IMCG drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for NEAGX and IMCG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.83%
-0.56%
NEAGX
IMCG

Volatility

NEAGX vs. IMCG - Volatility Comparison

Needham Aggressive Growth Fund (NEAGX) has a higher volatility of 6.84% compared to iShares Morningstar Mid-Cap Growth ETF (IMCG) at 4.44%. This indicates that NEAGX's price experiences larger fluctuations and is considered to be riskier than IMCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.84%
4.44%
NEAGX
IMCG