NEAGX vs. SFSNX

Last updated Jul 14, 2026

NEAGX (Needham Aggressive Growth Fund) and SFSNX (Schwab Fundamental US Small Company Index Fund) are both mutual funds - NEAGX is a Small Cap Growth Equities fund managed by Needham, while SFSNX is a Small Cap Blend Equities fund managed by Charles Schwab. Over the past 10 years, NEAGX returned 21.19%/yr vs 10.89%/yr for SFSNX. Their correlation of 0.82 suggests significant overlap in exposure. NEAGX charges 1.86%/yr vs 0.25%/yr for SFSNX.

Performance

NEAGX vs. SFSNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Needham Aggressive Growth Fund (NEAGX) and Schwab Fundamental US Small Company Index Fund (SFSNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEAGX achieves a 49.38% return, which is significantly higher than SFSNX's 19.26% return. Over the past 10 years, NEAGX has outperformed SFSNX with an annualized return of 21.19%, while SFSNX has yielded a comparatively lower 10.89% annualized return.

NEAGX

• 1D: -0.74%
• 1M: -5.50%
• 6M: 38.51%
• YTD: 49.38%
• 1Y: 69.74%
• 3Y*: 32.30%
• 5Y*: 20.17%
• 10Y*: 21.19%

SFSNX

• 1D: 0.18%
• 1M: 0.85%
• 6M: 12.63%
• YTD: 19.26%
• 1Y: 27.74%
• 3Y*: 15.41%
• 5Y*: 8.25%
• 10Y*: 10.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NEAGX vs. SFSNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEAGX Needham Aggressive Growth Fund	49.38%	26.40%	14.31%	37.65%	-27.53%	37.56%	51.53%	43.82%	-16.09%	8.75%
SFSNX Schwab Fundamental US Small Company Index Fund	19.26%	7.66%	8.99%	20.15%	-14.79%	30.91%	8.49%	24.44%	-12.26%	12.84%

Correlation

The correlation between NEAGX and SFSNX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.82

The correlation between NEAGX and SFSNX has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

Return for Risk

NEAGX vs. SFSNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEAGX

NEAGX Risk / Return Rank: 86
NEAGX Sharpe Ratio Rank: 88
NEAGX Sortino Ratio Rank: 76
NEAGX Omega Ratio Rank: 76
NEAGX Calmar Ratio Rank: 96
NEAGX Martin Ratio Rank: 95

SFSNX

SFSNX Risk / Return Rank: 56
SFSNX Sharpe Ratio Rank: 47
SFSNX Sortino Ratio Rank: 51
SFSNX Omega Ratio Rank: 43
SFSNX Calmar Ratio Rank: 78
SFSNX Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEAGX vs. SFSNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Aggressive Growth Fund (NEAGX) and Schwab Fundamental US Small Company Index Fund (SFSNX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NEAGX	SFSNX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	1.55	+0.81
Sortino ratio: Return per unit of downside risk	2.82	2.29	+0.53
Omega ratio: Gain probability vs. loss probability	1.38	1.27	+0.11
Calmar ratio: Return relative to maximum drawdown	4.92	2.82	+2.09
Martin ratio: Return relative to average drawdown	17.45	9.21	+8.25

NEAGX vs. SFSNX - Sharpe Ratio Comparison

The current NEAGX Sharpe Ratio is 2.36, which is higher than the SFSNX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of NEAGX and SFSNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NEAGX vs. SFSNX - Drawdown Comparison

The maximum NEAGX drawdown since its inception was -41.80%, smaller than the maximum SFSNX drawdown of -58.32%. Use the drawdown chart below to compare losses from any high point for NEAGX and SFSNX.

Drawdown Indicators

	NEAGX	SFSNX	Difference
Max Drawdown Largest peak-to-trough decline	-41.80%	-58.32%	+16.52%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-9.43%	-4.58%
Max Drawdown (3Y) Largest decline over 3 years	-28.49%	-25.91%	-2.58%
Max Drawdown (5Y) Largest decline over 5 years	-36.31%	-25.91%	-10.40%
Max Drawdown (10Y) Largest decline over 10 years	-36.31%	-44.82%	+8.51%
Current Drawdown Current decline from peak	-9.96%	-1.62%	-8.34%
Average Drawdown Average peak-to-trough decline	-8.65%	-8.27%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	2.90%	+1.04%

Volatility

NEAGX vs. SFSNX - Volatility Comparison

Needham Aggressive Growth Fund (NEAGX) has a higher volatility of 13.68% compared to Schwab Fundamental US Small Company Index Fund (SFSNX) at 4.66%. This indicates that NEAGX's price experiences larger fluctuations and is considered to be riskier than SFSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEAGX	SFSNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.68%	4.66%	+9.02%
Volatility (6M) Calculated over the trailing 6-month period	24.59%	12.26%	+12.33%
Volatility (1Y) Calculated over the trailing 1-year period	29.25%	17.27%	+11.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.36%	20.76%	+4.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.50%	23.21%	+1.29%

NEAGX vs. SFSNX - Expense Ratio Comparison

NEAGX has a 1.86% expense ratio, which is higher than SFSNX's 0.25% expense ratio.

Dividends

NEAGX vs. SFSNX - Dividend Comparison

NEAGX's dividend yield for the trailing twelve months is around 1.43%, more than SFSNX's 1.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEAGX Needham Aggressive Growth Fund	1.43%	2.14%	0.00%	0.00%	0.00%	7.10%	3.91%	10.64%	16.57%	5.17%	6.72%	11.88%
SFSNX Schwab Fundamental US Small Company Index Fund	1.14%	1.36%	1.71%	1.37%	7.05%	12.27%	1.42%	3.66%	11.55%	6.88%	1.86%	6.37%

Frequently Asked Questions

Can I hold both NEAGX and SFSNX in my portfolio?

NEAGX and SFSNX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NEAGX or SFSNX?

NEAGX has higher volatility (13.68%) compared to SFSNX (4.66%). In terms of maximum drawdown, NEAGX dropped -41.80% vs SFSNX's -58.32%.

Which has better risk-adjusted returns?

NEAGX currently has the higher Sharpe Ratio (2.35 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.