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.
Performance
NEAGX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, NEAGX achieves a 16.53% return, which is significantly lower than ^GSPC's 24.72% return. Over the past 10 years, NEAGX has underperformed ^GSPC with an annualized return of 7.03%, while ^GSPC has yielded a comparatively higher 11.16% annualized return.
NEAGX
16.53%
3.35%
-2.60%
27.15%
18.46%
7.03%
^GSPC
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Key characteristics
| NEAGX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.22 | 2.54 |
| Sortino Ratio | 1.82 | 3.40 |
| Omega Ratio | 1.21 | 1.47 |
| Calmar Ratio | 1.68 | 3.66 |
| Martin Ratio | 4.54 | 16.26 |
| Ulcer Index | 6.07% | 1.91% |
| Daily Std Dev | 22.60% | 12.23% |
| Max Drawdown | -53.03% | -56.78% |
| Current Drawdown | -6.06% | -0.88% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
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 7.88% compared to S&P 500 (^GSPC) at 3.96%. 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.