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

Correlation

The correlation between NEAGX and OBMCX is 0.81, 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.


-0.50.00.51.00.8

Performance

NEAGX vs. OBMCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Needham Aggressive Growth Fund (NEAGX) and Oberweis Micro Cap Fund (OBMCX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-0.43%
14.64%
NEAGX
OBMCX

Key characteristics

Sharpe Ratio

NEAGX:

0.65

OBMCX:

1.06

Sortino Ratio

NEAGX:

1.07

OBMCX:

1.56

Omega Ratio

NEAGX:

1.12

OBMCX:

1.19

Calmar Ratio

NEAGX:

0.91

OBMCX:

1.06

Martin Ratio

NEAGX:

2.39

OBMCX:

5.61

Ulcer Index

NEAGX:

6.21%

OBMCX:

4.30%

Daily Std Dev

NEAGX:

22.89%

OBMCX:

22.89%

Max Drawdown

NEAGX:

-53.03%

OBMCX:

-81.09%

Current Drawdown

NEAGX:

-7.45%

OBMCX:

-6.82%

Returns By Period

In the year-to-date period, NEAGX achieves a 14.80% return, which is significantly lower than OBMCX's 23.48% return. Over the past 10 years, NEAGX has underperformed OBMCX with an annualized return of 6.95%, while OBMCX has yielded a comparatively higher 9.72% annualized return.


NEAGX

YTD

14.80%

1M

-3.15%

6M

-0.43%

1Y

14.69%

5Y*

16.49%

10Y*

6.95%

OBMCX

YTD

23.48%

1M

-5.11%

6M

14.64%

1Y

23.31%

5Y*

15.69%

10Y*

9.72%

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. OBMCX - Expense Ratio Comparison

NEAGX has a 1.86% expense ratio, which is higher than OBMCX's 1.48% 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 OBMCX: current value at 1.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.48%

Risk-Adjusted Performance

NEAGX vs. OBMCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Aggressive Growth Fund (NEAGX) and Oberweis Micro Cap Fund (OBMCX). 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.


Sharpe ratio
The chart of Sharpe ratio for NEAGX, currently valued at 0.65, compared to the broader market-1.000.001.002.003.004.000.651.06
The chart of Sortino ratio for NEAGX, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.0010.001.071.56
The chart of Omega ratio for NEAGX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.003.501.121.19
The chart of Calmar ratio for NEAGX, currently valued at 0.91, compared to the broader market0.002.004.006.008.0010.0012.000.911.06
The chart of Martin ratio for NEAGX, currently valued at 2.39, compared to the broader market0.0020.0040.0060.002.395.61
NEAGX
OBMCX

The current NEAGX Sharpe Ratio is 0.65, which is lower than the OBMCX Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of NEAGX and OBMCX, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.65
1.06
NEAGX
OBMCX

Dividends

NEAGX vs. OBMCX - Dividend Comparison

Neither NEAGX nor OBMCX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NEAGX vs. OBMCX - Drawdown Comparison

The maximum NEAGX drawdown since its inception was -53.03%, smaller than the maximum OBMCX drawdown of -81.09%. Use the drawdown chart below to compare losses from any high point for NEAGX and OBMCX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.45%
-6.82%
NEAGX
OBMCX

Volatility

NEAGX vs. OBMCX - Volatility Comparison

Needham Aggressive Growth Fund (NEAGX) and Oberweis Micro Cap Fund (OBMCX) have volatilities of 6.02% and 5.94%, 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.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%JulyAugustSeptemberOctoberNovemberDecember
6.02%
5.94%
NEAGX
OBMCX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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