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

Performance

NEEGX vs. STLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Needham Growth Fund (NEEGX) and iShares Factors US Growth Style ETF (STLG). The values are adjusted to include any dividend payments, if applicable.

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
-11.75%
12.69%
NEEGX
STLG

Returns By Period

In the year-to-date period, NEEGX achieves a 14.80% return, which is significantly lower than STLG's 35.11% return.


NEEGX

YTD

14.80%

1M

-4.31%

6M

-11.75%

1Y

26.96%

5Y (annualized)

9.76%

10Y (annualized)

3.42%

STLG

YTD

35.11%

1M

5.44%

6M

12.70%

1Y

41.63%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


NEEGXSTLG
Sharpe Ratio1.012.35
Sortino Ratio1.543.05
Omega Ratio1.191.43
Calmar Ratio0.813.14
Martin Ratio3.4611.97
Ulcer Index7.78%3.53%
Daily Std Dev26.71%18.02%
Max Drawdown-60.83%-31.34%
Current Drawdown-15.02%-1.77%

Compare stocks, funds, or ETFs

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NEEGX vs. STLG - Expense Ratio Comparison

NEEGX has a 1.78% expense ratio, which is higher than STLG's 0.25% 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 STLG: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.8

The correlation between NEEGX and STLG is 0.83, 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. STLG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Needham Growth Fund (NEEGX) and iShares Factors US Growth Style ETF (STLG). 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 1.01, compared to the broader market-1.000.001.002.003.004.005.001.012.31
The chart of Sortino ratio for NEEGX, currently valued at 1.54, compared to the broader market0.005.0010.001.543.02
The chart of Omega ratio for NEEGX, currently valued at 1.19, compared to the broader market1.002.003.004.001.191.42
The chart of Calmar ratio for NEEGX, currently valued at 0.81, compared to the broader market0.005.0010.0015.0020.0025.000.813.10
The chart of Martin ratio for NEEGX, currently valued at 3.46, compared to the broader market0.0020.0040.0060.0080.00100.003.4611.78
NEEGX
STLG

The current NEEGX Sharpe Ratio is 1.01, which is lower than the STLG Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of NEEGX and STLG, 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 Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.01
2.31
NEEGX
STLG

Dividends

NEEGX vs. STLG - Dividend Comparison

NEEGX has not paid dividends to shareholders, while STLG's dividend yield for the trailing twelve months is around 0.11%.


TTM2023202220212020
NEEGX
Needham Growth Fund
0.00%0.00%0.00%0.00%0.00%
STLG
iShares Factors US Growth Style ETF
0.11%0.10%0.14%0.00%0.75%

Drawdowns

NEEGX vs. STLG - Drawdown Comparison

The maximum NEEGX drawdown since its inception was -60.83%, which is greater than STLG's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for NEEGX and STLG. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.02%
-1.77%
NEEGX
STLG

Volatility

NEEGX vs. STLG - Volatility Comparison

Needham Growth Fund (NEEGX) has a higher volatility of 9.22% compared to iShares Factors US Growth Style ETF (STLG) at 5.74%. This indicates that NEEGX's price experiences larger fluctuations and is considered to be riskier than STLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.22%
5.74%
NEEGX
STLG