NEEGX vs. SMH
Compare and contrast key facts about Needham Growth Fund (NEEGX) and VanEck Vectors Semiconductor ETF (SMH).
NEEGX is managed by Needham. It was launched on Jan 2, 1996. SMH is a passively managed fund by VanEck that tracks the performance of the MVIS US Listed Semiconductor 25 Index. It was launched on Dec 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEEGX or SMH.
Correlation
The correlation between NEEGX and SMH 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.
Performance
NEEGX vs. SMH - Performance Comparison
Key characteristics
NEEGX:
0.49
SMH:
1.14
NEEGX:
0.87
SMH:
1.63
NEEGX:
1.10
SMH:
1.21
NEEGX:
0.45
SMH:
1.60
NEEGX:
1.53
SMH:
4.01
NEEGX:
8.56%
SMH:
9.87%
NEEGX:
26.88%
SMH:
34.89%
NEEGX:
-60.83%
SMH:
-95.73%
NEEGX:
-17.23%
SMH:
-13.97%
Returns By Period
In the year-to-date period, NEEGX achieves a 11.82% return, which is significantly lower than SMH's 38.38% return. Over the past 10 years, NEEGX has underperformed SMH with an annualized return of 2.95%, while SMH has yielded a comparatively higher 27.66% annualized return.
NEEGX
11.82%
3.55%
-15.07%
11.98%
7.94%
2.95%
SMH
38.38%
0.19%
-12.56%
39.14%
30.59%
27.66%
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NEEGX vs. SMH - Expense Ratio Comparison
NEEGX has a 1.78% expense ratio, which is higher than SMH's 0.35% expense ratio.
Risk-Adjusted Performance
NEEGX vs. SMH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Needham Growth Fund (NEEGX) and VanEck Vectors Semiconductor ETF (SMH). 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. SMH - Dividend Comparison
Neither NEEGX nor SMH 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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMH VanEck Vectors Semiconductor ETF | 0.00% | 0.60% | 2.37% | 1.02% | 1.38% | 6.00% | 3.75% | 2.85% | 1.61% | 4.28% | 2.31% | 3.11% |
Drawdowns
NEEGX vs. SMH - Drawdown Comparison
The maximum NEEGX drawdown since its inception was -60.83%, smaller than the maximum SMH drawdown of -95.73%. Use the drawdown chart below to compare losses from any high point for NEEGX and SMH. For additional features, visit the drawdowns tool.
Volatility
NEEGX vs. SMH - Volatility Comparison
Needham Growth Fund (NEEGX) and VanEck Vectors Semiconductor ETF (SMH) have volatilities of 7.28% and 7.65%, 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.