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NEEGX vs. META
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NEEGXMETA
YTD Return18.62%65.72%
1Y Return39.19%78.19%
3Y Return (Ann)-2.51%19.92%
5Y Return (Ann)10.44%24.97%
10Y Return (Ann)3.16%22.92%
Sharpe Ratio1.462.18
Sortino Ratio2.133.09
Omega Ratio1.251.43
Calmar Ratio1.044.26
Martin Ratio5.4113.22
Ulcer Index7.09%5.93%
Daily Std Dev26.35%36.03%
Max Drawdown-60.83%-76.74%
Current Drawdown-12.20%-1.87%

Correlation

-0.50.00.51.00.5

The correlation between NEEGX and META is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

NEEGX vs. META - Performance Comparison

In the year-to-date period, NEEGX achieves a 18.62% return, which is significantly lower than META's 65.72% return. Over the past 10 years, NEEGX has underperformed META with an annualized return of 3.16%, while META has yielded a comparatively higher 22.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
-6.09%
24.18%
NEEGX
META

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Risk-Adjusted Performance

NEEGX vs. META - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Growth Fund (NEEGX) and Meta Platforms, Inc. (META). 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.


NEEGX
Sharpe ratio
The chart of Sharpe ratio for NEEGX, currently valued at 1.46, compared to the broader market0.002.004.001.46
Sortino ratio
The chart of Sortino ratio for NEEGX, currently valued at 2.13, compared to the broader market0.005.0010.002.13
Omega ratio
The chart of Omega ratio for NEEGX, currently valued at 1.25, compared to the broader market1.002.003.004.001.25
Calmar ratio
The chart of Calmar ratio for NEEGX, currently valued at 1.04, compared to the broader market0.005.0010.0015.0020.0025.001.04
Martin ratio
The chart of Martin ratio for NEEGX, currently valued at 5.41, compared to the broader market0.0020.0040.0060.0080.00100.005.41
META
Sharpe ratio
The chart of Sharpe ratio for META, currently valued at 2.18, compared to the broader market0.002.004.002.18
Sortino ratio
The chart of Sortino ratio for META, currently valued at 3.09, compared to the broader market0.005.0010.003.09
Omega ratio
The chart of Omega ratio for META, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for META, currently valued at 4.26, compared to the broader market0.005.0010.0015.0020.0025.004.26
Martin ratio
The chart of Martin ratio for META, currently valued at 13.22, compared to the broader market0.0020.0040.0060.0080.00100.0013.22

NEEGX vs. META - Sharpe Ratio Comparison

The current NEEGX Sharpe Ratio is 1.46, which is lower than the META Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of NEEGX and META, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.46
2.18
NEEGX
META

Dividends

NEEGX vs. META - Dividend Comparison

NEEGX has not paid dividends to shareholders, while META's dividend yield for the trailing twelve months is around 0.26%.


TTM
NEEGX
Needham Growth Fund
0.00%
META
Meta Platforms, Inc.
0.26%

Drawdowns

NEEGX vs. META - Drawdown Comparison

The maximum NEEGX drawdown since its inception was -60.83%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for NEEGX and META. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.20%
-1.87%
NEEGX
META

Volatility

NEEGX vs. META - Volatility Comparison

The current volatility for Needham Growth Fund (NEEGX) is 6.14%, while Meta Platforms, Inc. (META) has a volatility of 7.91%. This indicates that NEEGX experiences smaller price fluctuations and is considered to be less risky than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
6.14%
7.91%
NEEGX
META