NEEGX vs. NEAGX
Compare and contrast key facts about Needham Growth Fund (NEEGX) and Needham Aggressive Growth Fund (NEAGX).
NEEGX is managed by Needham. It was launched on Jan 2, 1996. 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: NEEGX or NEAGX.
Key characteristics
| NEEGX | NEAGX | |
|---|---|---|
| YTD Return | 22.36% | 14.53% |
| 1Y Return | 38.62% | 28.07% |
| 3Y Return (Ann) | 3.28% | 9.65% |
| 5Y Return (Ann) | 15.41% | 21.88% |
| 10Y Return (Ann) | 11.05% | 14.21% |
| Sharpe Ratio | 1.39 | 1.24 |
| Daily Std Dev | 26.89% | 21.97% |
| Max Drawdown | -53.60% | -41.80% |
| Current Drawdown | -9.43% | -7.67% |
Correlation
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 22.36% return, which is significantly higher than NEAGX's 14.53% return. Over the past 10 years, NEEGX has underperformed NEAGX with an annualized return of 11.05%, while NEAGX has yielded a comparatively higher 14.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
NEEGX vs. NEAGX - Dividend Comparison
Neither NEEGX nor NEAGX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEEGX Needham Growth Fund | 0.00% | 0.00% | 1.78% | 6.92% | 5.73% | 11.31% | 17.79% | 9.70% | 4.22% | 6.74% | 6.67% | 0.57% |
NEAGX Needham Aggressive Growth Fund | 0.00% | 0.00% | 0.00% | 7.10% | 3.91% | 10.64% | 16.57% | 5.17% | 6.72% | 11.88% | 3.02% | 0.00% |
Drawdowns
NEEGX vs. NEAGX - Drawdown Comparison
The maximum NEEGX drawdown since its inception was -53.60%, which is greater than NEAGX's maximum drawdown of -41.80%. Use the drawdown chart below to compare losses from any high point for NEEGX and NEAGX. For additional features, visit the drawdowns tool.
Volatility
NEEGX vs. NEAGX - Volatility Comparison
Needham Growth Fund (NEEGX) and Needham Aggressive Growth Fund (NEAGX) have volatilities of 7.72% and 7.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.