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

Performance

NEEGX vs. PKSFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Needham Growth Fund (NEEGX) and Virtus KAR Small-Cap Core Fund (PKSFX). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-13.95%
14.25%
NEEGX
PKSFX

Returns By Period

In the year-to-date period, NEEGX achieves a 9.90% return, which is significantly lower than PKSFX's 19.21% return. Over the past 10 years, NEEGX has underperformed PKSFX with an annualized return of 2.38%, while PKSFX has yielded a comparatively higher 9.34% annualized return.


NEEGX

YTD

9.90%

1M

-9.64%

6M

-14.83%

1Y

21.99%

5Y (annualized)

8.82%

10Y (annualized)

2.38%

PKSFX

YTD

19.21%

1M

3.92%

6M

12.86%

1Y

24.89%

5Y (annualized)

8.50%

10Y (annualized)

9.34%

Key characteristics


NEEGXPKSFX
Sharpe Ratio0.761.49
Sortino Ratio1.222.12
Omega Ratio1.151.26
Calmar Ratio0.602.28
Martin Ratio2.636.69
Ulcer Index7.66%3.67%
Daily Std Dev26.58%16.52%
Max Drawdown-60.83%-66.37%
Current Drawdown-18.65%-2.61%

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NEEGX vs. PKSFX - Expense Ratio Comparison

NEEGX has a 1.78% expense ratio, which is higher than PKSFX's 1.00% expense ratio.


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

Correlation

-0.50.00.51.00.8

The correlation between NEEGX and PKSFX is 0.78, 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.

Risk-Adjusted Performance

NEEGX vs. PKSFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Growth Fund (NEEGX) and Virtus KAR Small-Cap Core Fund (PKSFX). 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 0.76, compared to the broader market-1.000.001.002.003.004.005.000.761.49
The chart of Sortino ratio for NEEGX, currently valued at 1.22, compared to the broader market0.005.0010.001.222.12
The chart of Omega ratio for NEEGX, currently valued at 1.15, compared to the broader market1.002.003.004.001.151.26
The chart of Calmar ratio for NEEGX, currently valued at 0.60, compared to the broader market0.005.0010.0015.0020.0025.000.602.28
The chart of Martin ratio for NEEGX, currently valued at 2.63, compared to the broader market0.0020.0040.0060.0080.00100.002.636.69
NEEGX
PKSFX

The current NEEGX Sharpe Ratio is 0.76, which is lower than the PKSFX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of NEEGX and PKSFX, 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 Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.76
1.49
NEEGX
PKSFX

Dividends

NEEGX vs. PKSFX - Dividend Comparison

NEEGX has not paid dividends to shareholders, while PKSFX's dividend yield for the trailing twelve months is around 0.43%.


TTM20232022202120202019201820172016201520142013
NEEGX
Needham Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PKSFX
Virtus KAR Small-Cap Core Fund
0.43%0.52%0.27%0.13%0.13%0.01%0.14%0.00%0.00%0.62%0.00%0.16%

Drawdowns

NEEGX vs. PKSFX - Drawdown Comparison

The maximum NEEGX drawdown since its inception was -60.83%, smaller than the maximum PKSFX drawdown of -66.37%. Use the drawdown chart below to compare losses from any high point for NEEGX and PKSFX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.65%
-2.61%
NEEGX
PKSFX

Volatility

NEEGX vs. PKSFX - Volatility Comparison

Needham Growth Fund (NEEGX) has a higher volatility of 8.43% compared to Virtus KAR Small-Cap Core Fund (PKSFX) at 6.12%. This indicates that NEEGX's price experiences larger fluctuations and is considered to be riskier than PKSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.43%
6.12%
NEEGX
PKSFX