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NEEGX vs. META
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NEEGX vs. META

Last updated Jul 14, 2026
Documentation

NEEGX (Needham Growth Fund) is Mid Cap Growth Equities fund managed by Needham, while META (Meta Platforms, Inc.) is a stock. Over the past 10 years, NEEGX returned 15.08%/yr vs 18.95%/yr for META. At a 0.48 correlation, their price movements are largely independent.

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.

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Returns By Period

In the year-to-date period, NEEGX achieves a 47.95% return, which is significantly higher than META's -0.33% return. Over the past 10 years, NEEGX has underperformed META with an annualized return of 15.08%, while META has yielded a comparatively higher 18.95% annualized return.

NEEGX

1D
-0.36%
1M
-5.39%
6M
34.62%
YTD
47.95%
1Y
66.02%
3Y*
23.58%
5Y*
11.26%
10Y*
15.08%

META

1D
-1.86%
1M
15.94%
6M
2.48%
YTD
-0.33%
1Y
-8.17%
3Y*
28.96%
5Y*
13.77%
10Y*
18.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NEEGX vs. META - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NEEGX
Needham Growth Fund		47.95%8.76%14.45%26.85%-33.57%27.63%41.73%42.33%-10.56%8.33%
META
Meta Platforms, Inc.		-0.33%13.09%66.05%194.13%-64.22%23.13%33.09%56.57%-25.71%53.38%

Correlation

The correlation between NEEGX and META is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.42

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (10Y)
Calculated over the trailing 10-year period

0.51

Correlation (All Time)
Calculated using the full available price history since May 18, 2012

0.48

Over the past year, the correlation between NEEGX and META has dropped to 0.28 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Needham Growth Fund

Meta Platforms, Inc.

Often compared with NEEGX:
NEEGX vs. NEAGXNEEGX vs. PKSFXNEEGX vs. VWILXNEEGX vs. NVDANEEGX vs. VOONEEGX vs. MGKNEEGX vs. RING
Often compared with META:
META vs. MSFTMETA vs. GOOGMETA vs. AMZNMETA vs. AAPLMETA vs. TSLAMETA vs. SPYMETA vs. NVDA

Return for Risk

NEEGX vs. META — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NEEGX
NEEGX Risk / Return Rank: 8181
Overall Rank
NEEGX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
NEEGX Sortino Ratio Rank: 6868
Sortino Ratio Rank
NEEGX Omega Ratio Rank: 6868
Omega Ratio Rank
NEEGX Calmar Ratio Rank: 9696
Calmar Ratio Rank
NEEGX Martin Ratio Rank: 9292
Martin Ratio Rank
META
META Risk / Return Rank: 3535
Overall Rank
META Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
META Sortino Ratio Rank: 3333
Sortino Ratio Rank
META Omega Ratio Rank: 3333
Omega Ratio Rank
META Calmar Ratio Rank: 3737
Calmar Ratio Rank
META Martin Ratio Rank: 3737
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NEEGX vs. META - Risk-Adjusted Trends 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

NEEGXMETADifference
Sharpe ratioReturn per unit of total volatility
2.09
-0.21

+2.30

Sortino ratioReturn per unit of downside risk
2.59
-0.05

+2.63

Omega ratioGain probability vs. loss probability

1.34

0.99

+0.35

Calmar ratioReturn relative to maximum drawdown

4.86

-0.25

+5.11

Martin ratioReturn relative to average drawdown

14.73

-0.47

+15.20

NEEGX vs. META - Sharpe Ratio Comparison

The current NEEGX Sharpe Ratio is 2.09, which is higher than the META Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of NEEGX and META, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

NEEGX vs. META - Drawdown Comparison

The maximum NEEGX drawdown since its inception was -53.60%, 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.

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Drawdown Indicators

NEEGXMETADifference

Max Drawdown

Largest peak-to-trough decline

-53.60%

-76.74%

+23.14%

Max Drawdown (1Y)

Largest decline over 1 year

-13.27%

-33.30%

+20.03%

Max Drawdown (3Y)

Largest decline over 3 years

-38.66%

-34.15%

-4.51%

Max Drawdown (5Y)

Largest decline over 5 years

-43.35%

-76.74%

+33.39%

Max Drawdown (10Y)

Largest decline over 10 years

-43.35%

-76.74%

+33.39%

Current Drawdown

Current decline from peak

-10.51%

-16.60%

+6.09%

Average Drawdown

Average peak-to-trough decline

-10.87%

-15.88%

+5.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.37%

17.48%

-13.11%

Volatility

NEEGX vs. META - Volatility Comparison

The current volatility for Needham Growth Fund (NEEGX) is 14.95%, while Meta Platforms, Inc. (META) has a volatility of 15.94%. 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.

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Volatility by Period

NEEGXMETADifference

Volatility (1M)

Calculated over the trailing 1-month period

14.95%

15.94%

-0.99%

Volatility (6M)

Calculated over the trailing 6-month period

25.27%

30.92%

-5.65%

Volatility (1Y)

Calculated over the trailing 1-year period

30.85%

38.51%

-7.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.13%

44.55%

-15.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.70%

38.97%

-13.27%

Dividends

NEEGX vs. META - Dividend Comparison

NEEGX's dividend yield for the trailing twelve months is around 5.12%, more than META's 0.32% yield.

PositionTTM20252024202320222021202020192018201720162015
META
Meta Platforms, Inc.		0.32%0.32%0.34%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NEEGX
Needham Growth Fund		5.12%7.57%3.92%0.00%1.78%6.92%5.73%11.31%17.79%9.70%4.22%6.74%

Frequently Asked Questions

NEEGX and META have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

META has higher volatility (15.94%) compared to NEEGX (14.95%). In terms of maximum drawdown, NEEGX dropped -53.60% vs META's -76.74%.

NEEGX currently has the higher Sharpe Ratio (2.09 vs -0.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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