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

Key characteristics


NEEGXNEAGX
YTD Return19.61%17.00%
1Y Return42.32%34.33%
3Y Return (Ann)-3.86%2.84%
5Y Return (Ann)10.87%18.61%
10Y Return (Ann)3.23%7.01%
Sharpe Ratio1.521.49
Sortino Ratio2.212.16
Omega Ratio1.261.26
Calmar Ratio1.071.75
Martin Ratio5.755.73
Ulcer Index7.01%5.86%
Daily Std Dev26.44%22.50%
Max Drawdown-60.83%-53.03%
Current Drawdown-11.46%-5.68%

Correlation

-0.50.00.51.00.9

The correlation between NEEGX and NEAGX is 0.93, 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

NEEGX vs. NEAGX - Performance Comparison

In the year-to-date period, NEEGX achieves a 19.61% return, which is significantly higher than NEAGX's 17.00% return. Over the past 10 years, NEEGX has underperformed NEAGX with an annualized return of 3.23%, while NEAGX has yielded a comparatively higher 7.01% 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%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-4.93%
-0.86%
NEEGX
NEAGX

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NEEGX vs. NEAGX - Expense Ratio Comparison

NEEGX has a 1.78% expense ratio, which is lower than NEAGX's 1.86% expense ratio.


NEAGX
Needham Aggressive Growth Fund
Expense ratio chart for NEAGX: current value at 1.86% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.86%
Expense ratio chart for NEEGX: current value at 1.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.78%

Risk-Adjusted Performance

NEEGX vs. NEAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Growth Fund (NEEGX) and Needham Aggressive Growth Fund (NEAGX). 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 1.52, compared to the broader market0.002.004.001.52
Sortino ratio
The chart of Sortino ratio for NEEGX, currently valued at 2.21, compared to the broader market0.005.0010.002.21
Omega ratio
The chart of Omega ratio for NEEGX, currently valued at 1.26, compared to the broader market1.002.003.004.001.26
Calmar ratio
The chart of Calmar ratio for NEEGX, currently valued at 1.07, compared to the broader market0.005.0010.0015.0020.0025.001.07
Martin ratio
The chart of Martin ratio for NEEGX, currently valued at 5.75, compared to the broader market0.0020.0040.0060.0080.00100.005.75
NEAGX
Sharpe ratio
The chart of Sharpe ratio for NEAGX, currently valued at 1.49, compared to the broader market0.002.004.001.49
Sortino ratio
The chart of Sortino ratio for NEAGX, currently valued at 2.16, compared to the broader market0.005.0010.002.16
Omega ratio
The chart of Omega ratio for NEAGX, currently valued at 1.26, compared to the broader market1.002.003.004.001.26
Calmar ratio
The chart of Calmar ratio for NEAGX, currently valued at 1.75, compared to the broader market0.005.0010.0015.0020.0025.001.75
Martin ratio
The chart of Martin ratio for NEAGX, currently valued at 5.73, compared to the broader market0.0020.0040.0060.0080.00100.005.73

NEEGX vs. NEAGX - Sharpe Ratio Comparison

The current NEEGX Sharpe Ratio is 1.52, which is comparable to the NEAGX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of NEEGX and NEAGX, 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
1.52
1.49
NEEGX
NEAGX

Dividends

NEEGX vs. NEAGX - Dividend Comparison

Neither NEEGX nor NEAGX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NEEGX vs. NEAGX - Drawdown Comparison

The maximum NEEGX drawdown since its inception was -60.83%, which is greater than NEAGX's maximum drawdown of -53.03%. Use the drawdown chart below to compare losses from any high point for NEEGX and NEAGX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-11.46%
-5.68%
NEEGX
NEAGX

Volatility

NEEGX vs. NEAGX - Volatility Comparison

The current volatility for Needham Growth Fund (NEEGX) is 6.40%, while Needham Aggressive Growth Fund (NEAGX) has a volatility of 7.07%. This indicates that NEEGX experiences smaller price fluctuations and is considered to be less risky than NEAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%JuneJulyAugustSeptemberOctoberNovember
6.40%
7.07%
NEEGX
NEAGX