OEGYX vs. NEEGX
Compare and contrast key facts about Invesco Discovery Mid Cap Growth Fund (OEGYX) and Needham Growth Fund (NEEGX).
OEGYX is managed by Invesco. It was launched on Nov 1, 2000. NEEGX is managed by Needham. It was launched on Jan 2, 1996.
Performance
OEGYX vs. NEEGX - Performance Comparison
Loading graphics...
OEGYX vs. NEEGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OEGYX Invesco Discovery Mid Cap Growth Fund | 5.36% | 5.08% | 24.38% | 13.24% | -30.92% | 18.76% | 40.53% | 39.33% | -6.50% | 28.34% |
NEEGX Needham Growth Fund | 15.68% | 8.76% | 14.45% | 26.85% | -33.57% | 27.63% | 41.73% | 42.33% | -10.56% | 8.33% |
Returns By Period
In the year-to-date period, OEGYX achieves a 5.36% return, which is significantly lower than NEEGX's 15.68% return. Both investments have delivered pretty close results over the past 10 years, with OEGYX having a 12.15% annualized return and NEEGX not far ahead at 12.74%.
OEGYX
- 1D
- 4.31%
- 1M
- -6.08%
- YTD
- 5.36%
- 6M
- 3.69%
- 1Y
- 25.10%
- 3Y*
- 14.00%
- 5Y*
- 4.38%
- 10Y*
- 12.15%
NEEGX
- 1D
- 4.73%
- 1M
- -6.88%
- YTD
- 15.68%
- 6M
- 17.81%
- 1Y
- 49.67%
- 3Y*
- 18.80%
- 5Y*
- 7.05%
- 10Y*
- 12.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OEGYX vs. NEEGX - Expense Ratio Comparison
OEGYX has a 0.78% expense ratio, which is lower than NEEGX's 1.78% expense ratio.
Return for Risk
OEGYX vs. NEEGX — Risk / Return Rank
OEGYX
NEEGX
OEGYX vs. NEEGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Discovery Mid Cap Growth Fund (OEGYX) and Needham Growth Fund (NEEGX). 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.
| OEGYX | NEEGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.56 | -0.45 |
Sortino ratioReturn per unit of downside risk | 1.59 | 2.16 | -0.57 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.29 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 3.25 | -1.39 |
Martin ratioReturn relative to average drawdown | 7.22 | 10.67 | -3.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| OEGYX | NEEGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.56 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.25 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.51 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.54 | -0.18 |
Correlation
The correlation between OEGYX and NEEGX is 0.86, 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.
Dividends
OEGYX vs. NEEGX - Dividend Comparison
OEGYX's dividend yield for the trailing twelve months is around 7.07%, more than NEEGX's 6.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEGYX Invesco Discovery Mid Cap Growth Fund | 7.07% | 7.45% | 4.13% | 0.00% | 0.00% | 16.02% | 3.08% | 3.85% | 9.31% | 8.34% | 0.81% | 3.88% |
NEEGX Needham Growth Fund | 6.54% | 7.57% | 3.92% | 0.00% | 1.78% | 6.92% | 5.73% | 11.31% | 17.79% | 9.70% | 4.22% | 6.74% |
Drawdowns
OEGYX vs. NEEGX - Drawdown Comparison
The maximum OEGYX drawdown since its inception was -53.44%, roughly equal to the maximum NEEGX drawdown of -53.60%. Use the drawdown chart below to compare losses from any high point for OEGYX and NEEGX.
Loading graphics...
Drawdown Indicators
| OEGYX | NEEGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.44% | -53.60% | +0.16% |
Max Drawdown (1Y)Largest decline over 1 year | -12.88% | -15.15% | +2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -39.25% | -43.35% | +4.10% |
Max Drawdown (10Y)Largest decline over 10 years | -39.25% | -43.35% | +4.10% |
Current DrawdownCurrent decline from peak | -6.26% | -7.54% | +1.28% |
Average DrawdownAverage peak-to-trough decline | -12.58% | -10.95% | -1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 4.61% | -1.29% |
Volatility
OEGYX vs. NEEGX - Volatility Comparison
The current volatility for Invesco Discovery Mid Cap Growth Fund (OEGYX) is 10.11%, while Needham Growth Fund (NEEGX) has a volatility of 11.31%. This indicates that OEGYX experiences smaller price fluctuations and is considered to be less risky than NEEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| OEGYX | NEEGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.11% | 11.31% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 16.55% | 20.91% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.88% | 32.23% | -8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.00% | 28.04% | -6.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.89% | 25.01% | -3.12% |