NEAGX vs. ^GSPC
Compare and contrast key facts about Needham Aggressive Growth Fund (NEAGX) and S&P 500 (^GSPC).
NEAGX is managed by Needham. It was launched on Sep 4, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEAGX or ^GSPC.
Correlation
The correlation between NEAGX and ^GSPC 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.
Performance
NEAGX vs. ^GSPC - Performance Comparison
Key characteristics
NEAGX:
0.75
^GSPC:
2.10
NEAGX:
1.21
^GSPC:
2.80
NEAGX:
1.14
^GSPC:
1.39
NEAGX:
1.05
^GSPC:
3.09
NEAGX:
2.79
^GSPC:
13.49
NEAGX:
6.19%
^GSPC:
1.94%
NEAGX:
22.94%
^GSPC:
12.52%
NEAGX:
-53.03%
^GSPC:
-56.78%
NEAGX:
-7.55%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, NEAGX achieves a 14.68% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, NEAGX has underperformed ^GSPC with an annualized return of 7.04%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
NEAGX
14.68%
0.98%
-1.86%
14.71%
16.50%
7.04%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NEAGX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Needham Aggressive Growth Fund (NEAGX) and S&P 500 (^GSPC). 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.
Drawdowns
NEAGX vs. ^GSPC - Drawdown Comparison
The maximum NEAGX drawdown since its inception was -53.03%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NEAGX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NEAGX vs. ^GSPC - Volatility Comparison
Needham Aggressive Growth Fund (NEAGX) has a higher volatility of 6.58% compared to S&P 500 (^GSPC) at 3.79%. This indicates that NEAGX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.