NESGX vs. NEAGX
Compare and contrast key facts about Needham Small Cap Growth Fund (NESGX) and Needham Aggressive Growth Fund (NEAGX).
NESGX is managed by Needham. It was launched on May 22, 2002. 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: NESGX or NEAGX.
Key characteristics
| NESGX | NEAGX | |
|---|---|---|
| YTD Return | 16.67% | 17.00% |
| 1Y Return | 50.00% | 34.33% |
| 3Y Return (Ann) | -14.99% | 2.84% |
| 5Y Return (Ann) | 2.74% | 18.61% |
| 10Y Return (Ann) | 2.02% | 7.01% |
| Sharpe Ratio | 1.63 | 1.49 |
| Sortino Ratio | 2.42 | 2.16 |
| Omega Ratio | 1.28 | 1.26 |
| Calmar Ratio | 0.80 | 1.75 |
| Martin Ratio | 7.31 | 5.73 |
| Ulcer Index | 6.48% | 5.86% |
| Daily Std Dev | 29.00% | 22.50% |
| Max Drawdown | -65.82% | -53.03% |
| Current Drawdown | -39.24% | -5.68% |
Correlation
The correlation between NESGX and NEAGX is 0.88, 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
NESGX vs. NEAGX - Performance Comparison
The year-to-date returns for both investments are quite close, with NESGX having a 16.67% return and NEAGX slightly higher at 17.00%. Over the past 10 years, NESGX has underperformed NEAGX with an annualized return of 2.02%, while NEAGX has yielded a comparatively higher 7.01% 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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NESGX vs. NEAGX - Expense Ratio Comparison
NESGX has a 1.85% expense ratio, which is lower than NEAGX's 1.86% expense ratio.
Risk-Adjusted Performance
NESGX vs. NEAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Needham Small Cap Growth Fund (NESGX) 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
NESGX vs. NEAGX - Dividend Comparison
Neither NESGX nor NEAGX has paid dividends to shareholders.
Drawdowns
NESGX vs. NEAGX - Drawdown Comparison
The maximum NESGX drawdown since its inception was -65.82%, which is greater than NEAGX's maximum drawdown of -53.03%. Use the drawdown chart below to compare losses from any high point for NESGX and NEAGX. For additional features, visit the drawdowns tool.
Volatility
NESGX vs. NEAGX - Volatility Comparison
Needham Small Cap Growth Fund (NESGX) and Needham Aggressive Growth Fund (NEAGX) have volatilities of 7.27% and 7.07%, 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.