NEEGX vs. STLG
Compare and contrast key facts about Needham Growth Fund (NEEGX) and iShares Factors US Growth Style ETF (STLG).
NEEGX is managed by Needham. It was launched on Jan 2, 1996. STLG is a passively managed fund by iShares that tracks the performance of the Russell US Large Cap Factors Growth Style Index. It was launched on Jan 14, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEEGX or STLG.
Key characteristics
| NEEGX | STLG | |
|---|---|---|
| YTD Return | 18.62% | 37.54% |
| 1Y Return | 39.19% | 48.74% |
| 3Y Return (Ann) | -2.51% | 12.45% |
| Sharpe Ratio | 1.46 | 2.87 |
| Sortino Ratio | 2.13 | 3.66 |
| Omega Ratio | 1.25 | 1.52 |
| Calmar Ratio | 1.04 | 3.85 |
| Martin Ratio | 5.41 | 14.77 |
| Ulcer Index | 7.09% | 3.51% |
| Daily Std Dev | 26.35% | 17.98% |
| Max Drawdown | -60.83% | -31.34% |
| Current Drawdown | -12.20% | 0.00% |
Correlation
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.
Performance
NEEGX vs. STLG - Performance Comparison
In the year-to-date period, NEEGX achieves a 18.62% return, which is significantly lower than STLG's 37.54% 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. STLG - Expense Ratio Comparison
NEEGX has a 1.78% expense ratio, which is higher than STLG's 0.25% expense ratio.
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.
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 0.10%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
NEEGX Needham Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STLG iShares Factors US Growth Style ETF | 0.10% | 0.09% | 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.
Volatility
NEEGX vs. STLG - Volatility Comparison
Needham Growth Fund (NEEGX) and iShares Factors US Growth Style ETF (STLG) have volatilities of 6.14% and 5.90%, 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.