PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
OBMCX vs. NEAGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OBMCX and NEAGX is 0.81, 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.


-0.50.00.51.00.8

Performance

OBMCX vs. NEAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oberweis Micro Cap Fund (OBMCX) and Needham Aggressive Growth Fund (NEAGX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
14.64%
-0.43%
OBMCX
NEAGX

Key characteristics

Sharpe Ratio

OBMCX:

1.06

NEAGX:

0.65

Sortino Ratio

OBMCX:

1.56

NEAGX:

1.07

Omega Ratio

OBMCX:

1.19

NEAGX:

1.12

Calmar Ratio

OBMCX:

1.06

NEAGX:

0.91

Martin Ratio

OBMCX:

5.61

NEAGX:

2.39

Ulcer Index

OBMCX:

4.30%

NEAGX:

6.21%

Daily Std Dev

OBMCX:

22.89%

NEAGX:

22.89%

Max Drawdown

OBMCX:

-81.09%

NEAGX:

-53.03%

Current Drawdown

OBMCX:

-6.82%

NEAGX:

-7.45%

Returns By Period

In the year-to-date period, OBMCX achieves a 23.48% return, which is significantly higher than NEAGX's 14.80% return. Over the past 10 years, OBMCX has outperformed NEAGX with an annualized return of 9.72%, while NEAGX has yielded a comparatively lower 6.95% annualized return.


OBMCX

YTD

23.48%

1M

-5.11%

6M

14.64%

1Y

23.31%

5Y*

15.69%

10Y*

9.72%

NEAGX

YTD

14.80%

1M

-3.15%

6M

-0.43%

1Y

14.69%

5Y*

16.49%

10Y*

6.95%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


OBMCX vs. NEAGX - Expense Ratio Comparison

OBMCX has a 1.48% expense ratio, which is lower than NEAGX's 1.86% expense ratio.


NEAGX
Needham Aggressive Growth Fund
Expense ratio chart for NEAGX: current value at 1.86% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.86%
Expense ratio chart for OBMCX: current value at 1.48% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.48%

Risk-Adjusted Performance

OBMCX vs. NEAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Oberweis Micro Cap Fund (OBMCX) 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.


Sharpe ratio
The chart of Sharpe ratio for OBMCX, currently valued at 1.06, compared to the broader market-1.000.001.002.003.004.001.060.65
The chart of Sortino ratio for OBMCX, currently valued at 1.56, compared to the broader market-2.000.002.004.006.008.0010.001.561.07
The chart of Omega ratio for OBMCX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.003.501.191.12
The chart of Calmar ratio for OBMCX, currently valued at 1.06, compared to the broader market0.002.004.006.008.0010.0012.001.060.91
The chart of Martin ratio for OBMCX, currently valued at 5.61, compared to the broader market0.0020.0040.0060.005.612.39
OBMCX
NEAGX

The current OBMCX Sharpe Ratio is 1.06, which is higher than the NEAGX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of OBMCX and NEAGX, 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 Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.06
0.65
OBMCX
NEAGX

Dividends

OBMCX vs. NEAGX - Dividend Comparison

Neither OBMCX nor NEAGX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

OBMCX vs. NEAGX - Drawdown Comparison

The maximum OBMCX drawdown since its inception was -81.09%, which is greater than NEAGX's maximum drawdown of -53.03%. Use the drawdown chart below to compare losses from any high point for OBMCX and NEAGX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.82%
-7.45%
OBMCX
NEAGX

Volatility

OBMCX vs. NEAGX - Volatility Comparison

Oberweis Micro Cap Fund (OBMCX) and Needham Aggressive Growth Fund (NEAGX) have volatilities of 5.94% and 6.02%, 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.


4.00%5.00%6.00%7.00%8.00%9.00%10.00%11.00%JulyAugustSeptemberOctoberNovemberDecember
5.94%
6.02%
OBMCX
NEAGX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab