PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NEAGX vs. NEEGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NEAGXNEEGX
YTD Return14.63%12.67%
1Y Return25.45%25.89%
3Y Return (Ann)3.57%-4.16%
5Y Return (Ann)17.63%9.03%
10Y Return (Ann)6.81%2.63%
Sharpe Ratio1.321.20
Sortino Ratio1.961.79
Omega Ratio1.231.22
Calmar Ratio1.820.96
Martin Ratio5.054.50
Ulcer Index5.90%7.16%
Daily Std Dev22.50%26.84%
Max Drawdown-53.03%-60.83%
Current Drawdown-7.59%-16.60%

Correlation

-0.50.00.51.00.9

The correlation between NEAGX and NEEGX is 0.93, 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. NEEGX - Performance Comparison

In the year-to-date period, NEAGX achieves a 14.63% return, which is significantly higher than NEEGX's 12.67% return. Over the past 10 years, NEAGX has outperformed NEEGX with an annualized return of 6.81%, while NEEGX has yielded a comparatively lower 2.63% 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%JuneJulyAugustSeptemberOctoberNovember
-5.44%
-13.48%
NEAGX
NEEGX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NEAGX vs. NEEGX - Expense Ratio Comparison

NEAGX has a 1.86% expense ratio, which is higher than NEEGX's 1.78% 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 NEEGX: current value at 1.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.78%

Risk-Adjusted Performance

NEAGX vs. NEEGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Aggressive Growth Fund (NEAGX) and Needham Growth Fund (NEEGX). 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 1.32, compared to the broader market0.002.004.001.32
Sortino ratio
The chart of Sortino ratio for NEAGX, currently valued at 1.96, compared to the broader market0.005.0010.001.96
Omega ratio
The chart of Omega ratio for NEAGX, currently valued at 1.23, compared to the broader market1.002.003.004.001.23
Calmar ratio
The chart of Calmar ratio for NEAGX, currently valued at 1.82, compared to the broader market0.005.0010.0015.0020.001.82
Martin ratio
The chart of Martin ratio for NEAGX, currently valued at 5.05, compared to the broader market0.0020.0040.0060.0080.00100.005.05
NEEGX
Sharpe ratio
The chart of Sharpe ratio for NEEGX, currently valued at 1.20, compared to the broader market0.002.004.001.20
Sortino ratio
The chart of Sortino ratio for NEEGX, currently valued at 1.79, compared to the broader market0.005.0010.001.79
Omega ratio
The chart of Omega ratio for NEEGX, currently valued at 1.22, compared to the broader market1.002.003.004.001.22
Calmar ratio
The chart of Calmar ratio for NEEGX, currently valued at 0.96, compared to the broader market0.005.0010.0015.0020.000.96
Martin ratio
The chart of Martin ratio for NEEGX, currently valued at 4.50, compared to the broader market0.0020.0040.0060.0080.00100.004.50

NEAGX vs. NEEGX - Sharpe Ratio Comparison

The current NEAGX Sharpe Ratio is 1.32, which is comparable to the NEEGX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of NEAGX and NEEGX, 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
1.32
1.20
NEAGX
NEEGX

Dividends

NEAGX vs. NEEGX - Dividend Comparison

Neither NEAGX nor NEEGX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NEAGX vs. NEEGX - Drawdown Comparison

The maximum NEAGX drawdown since its inception was -53.03%, smaller than the maximum NEEGX drawdown of -60.83%. Use the drawdown chart below to compare losses from any high point for NEAGX and NEEGX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.59%
-16.60%
NEAGX
NEEGX

Volatility

NEAGX vs. NEEGX - Volatility Comparison

The current volatility for Needham Aggressive Growth Fund (NEAGX) is 6.79%, while Needham Growth Fund (NEEGX) has a volatility of 7.67%. This indicates that NEAGX experiences smaller price fluctuations and is considered to be less risky than NEEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%JuneJulyAugustSeptemberOctoberNovember
6.79%
7.67%
NEAGX
NEEGX