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

Performance

NEEGX vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Needham Growth Fund (NEEGX) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-11.75%
17.15%
NEEGX
META

Returns By Period

In the year-to-date period, NEEGX achieves a 14.80% return, which is significantly lower than META's 58.44% return. Over the past 10 years, NEEGX has underperformed META with an annualized return of 3.42%, while META has yielded a comparatively higher 22.23% annualized return.


NEEGX

YTD

14.80%

1M

-4.31%

6M

-11.75%

1Y

26.96%

5Y (annualized)

9.76%

10Y (annualized)

3.42%

META

YTD

58.44%

1M

-0.81%

6M

17.15%

1Y

64.23%

5Y (annualized)

23.09%

10Y (annualized)

22.23%

Key characteristics


NEEGXMETA
Sharpe Ratio1.011.77
Sortino Ratio1.542.65
Omega Ratio1.191.36
Calmar Ratio0.813.49
Martin Ratio3.4610.72
Ulcer Index7.78%5.99%
Daily Std Dev26.71%36.21%
Max Drawdown-60.83%-76.74%
Current Drawdown-15.02%-6.18%

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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.

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.


Sharpe ratio
The chart of Sharpe ratio for NEEGX, currently valued at 1.01, compared to the broader market-1.000.001.002.003.004.005.001.011.77
The chart of Sortino ratio for NEEGX, currently valued at 1.54, compared to the broader market0.005.0010.001.542.65
The chart of Omega ratio for NEEGX, currently valued at 1.19, compared to the broader market1.002.003.004.001.191.36
The chart of Calmar ratio for NEEGX, currently valued at 0.81, compared to the broader market0.005.0010.0015.0020.0025.000.813.49
The chart of Martin ratio for NEEGX, currently valued at 3.46, compared to the broader market0.0020.0040.0060.0080.00100.003.4610.72
NEEGX
META

The current NEEGX Sharpe Ratio is 1.01, which is lower than the META Sharpe Ratio of 1.77. 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
1.01
1.77
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 0.27%.


TTM
NEEGX
Needham Growth Fund
0.00%
META
Meta Platforms, Inc.
0.27%

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.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.02%
-6.18%
NEEGX
META

Volatility

NEEGX vs. META - Volatility Comparison

Needham Growth Fund (NEEGX) has a higher volatility of 9.22% compared to Meta Platforms, Inc. (META) at 8.23%. This indicates that NEEGX's price experiences larger fluctuations and is considered to be riskier 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
9.22%
8.23%
NEEGX
META