OAKEX vs. NEAGX
Compare and contrast key facts about Oakmark International Small Cap Fund (OAKEX) and Needham Aggressive Growth Fund (NEAGX).
OAKEX is managed by Oakmark. It was launched on Oct 31, 1995. 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: OAKEX or NEAGX.
Key characteristics
| OAKEX | NEAGX | |
|---|---|---|
| YTD Return | 6.15% | 11.27% |
| 1Y Return | 16.82% | 23.57% |
| 3Y Return (Ann) | 1.54% | 7.51% |
| 5Y Return (Ann) | 8.19% | 21.20% |
| 10Y Return (Ann) | 5.65% | 13.75% |
| Sharpe Ratio | 1.14 | 1.10 |
| Daily Std Dev | 14.36% | 21.78% |
| Max Drawdown | -65.86% | -41.80% |
| Current Drawdown | -1.48% | -10.30% |
Correlation
The correlation between OAKEX and NEAGX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
OAKEX vs. NEAGX - Performance Comparison
In the year-to-date period, OAKEX achieves a 6.15% return, which is significantly lower than NEAGX's 11.27% return. Over the past 10 years, OAKEX has underperformed NEAGX with an annualized return of 5.65%, while NEAGX has yielded a comparatively higher 13.75% 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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OAKEX vs. NEAGX - Expense Ratio Comparison
OAKEX has a 1.34% expense ratio, which is lower than NEAGX's 1.86% expense ratio.
Risk-Adjusted Performance
OAKEX vs. NEAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Small Cap Fund (OAKEX) 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
OAKEX vs. NEAGX - Dividend Comparison
OAKEX's dividend yield for the trailing twelve months is around 1.73%, while NEAGX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OAKEX Oakmark International Small Cap Fund | 1.73% | 1.83% | 1.89% | 0.61% | 1.87% | 0.21% | 9.39% | 3.81% | 3.31% | 5.23% | 7.95% | 3.29% |
NEAGX Needham Aggressive Growth Fund | 0.00% | 0.00% | 0.00% | 7.10% | 3.91% | 10.64% | 16.57% | 5.17% | 6.72% | 11.88% | 3.02% | 0.00% |
Drawdowns
OAKEX vs. NEAGX - Drawdown Comparison
The maximum OAKEX drawdown since its inception was -65.86%, which is greater than NEAGX's maximum drawdown of -41.80%. Use the drawdown chart below to compare losses from any high point for OAKEX and NEAGX. For additional features, visit the drawdowns tool.
Volatility
OAKEX vs. NEAGX - Volatility Comparison
The current volatility for Oakmark International Small Cap Fund (OAKEX) is 3.50%, while Needham Aggressive Growth Fund (NEAGX) has a volatility of 7.18%. This indicates that OAKEX experiences smaller price fluctuations and is considered to be less risky than NEAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.