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 0.80, 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:
-0.24
^GSPC:
1.18
NEAGX:
-0.18
^GSPC:
1.63
NEAGX:
0.98
^GSPC:
1.22
NEAGX:
-0.34
^GSPC:
1.81
NEAGX:
-0.84
^GSPC:
7.13
NEAGX:
6.69%
^GSPC:
2.16%
NEAGX:
23.52%
^GSPC:
13.06%
NEAGX:
-53.03%
^GSPC:
-56.78%
NEAGX:
-14.66%
^GSPC:
-4.79%
Returns By Period
In the year-to-date period, NEAGX achieves a -7.39% return, which is significantly lower than ^GSPC's -0.54% return. Over the past 10 years, NEAGX has underperformed ^GSPC with an annualized return of 5.84%, while ^GSPC has yielded a comparatively higher 10.98% annualized return.
NEAGX
-7.39%
-10.25%
-7.71%
-8.46%
14.54%
5.84%
^GSPC
-0.54%
-3.16%
3.56%
13.87%
13.38%
10.98%
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 Rank
NEAGX
^GSPC
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 8.39% compared to S&P 500 (^GSPC) at 4.02%. 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.