WIGRX vs. NESGX
WIGRX (Wasatch Core Growth Fund Institutional Class) and NESGX (Needham Small Cap Growth Fund) are both Small Cap Growth Equities funds. Over the past 10 years, WIGRX returned 10.84%/yr vs 17.85%/yr for NESGX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. WIGRX charges 1.05%/yr vs 1.85%/yr for NESGX.
Performance
WIGRX vs. NESGX - Performance Comparison
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Returns By Period
In the year-to-date period, WIGRX achieves a 5.10% return, which is significantly lower than NESGX's 56.98% return. Over the past 10 years, WIGRX has underperformed NESGX with an annualized return of 10.84%, while NESGX has yielded a comparatively higher 17.85% annualized return.
WIGRX
- 1D
- 1.54%
- 1M
- -2.19%
- 6M
- -0.36%
- YTD
- 5.10%
- 1Y
- -2.81%
- 3Y*
- 5.83%
- 5Y*
- 0.68%
- 10Y*
- 10.84%
- ALL TIME*
- 11.33%
NESGX
- 1D
- -0.28%
- 1M
- -11.10%
- 6M
- 38.34%
- YTD
- 56.98%
- 1Y
- 69.88%
- 3Y*
- 25.22%
- 5Y*
- 6.02%
- 10Y*
- 17.85%
- ALL TIME*
- 12.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
WIGRX vs. NESGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WIGRX Wasatch Core Growth Fund Institutional Class | 5.10% | -10.26% | 13.24% | 33.58% | -30.75% | 20.89% | 36.92% | 33.49% | -3.63% | 24.47% |
NESGX Needham Small Cap Growth Fund | 56.98% | 10.50% | 12.76% | 5.68% | -30.21% | 10.59% | 71.90% | 54.42% | -5.43% | 11.96% |
Correlation
The correlation between WIGRX and NESGX is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2012 | 0.79 |
The correlation between WIGRX and NESGX has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.
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Return for Risk
WIGRX vs. NESGX — Risk / Return Rank
WIGRX
NESGX
WIGRX vs. NESGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Core Growth Fund Institutional Class (WIGRX) and Needham Small Cap Growth Fund (NESGX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WIGRX | NESGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.31 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.34 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | 4.24 | -4.41 |
| Martin ratioReturn relative to average drawdown | -0.45 | 13.73 | -14.18 |
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Drawdowns
WIGRX vs. NESGX - Drawdown Comparison
The maximum WIGRX drawdown since its inception was -40.07%, smaller than the maximum NESGX drawdown of -50.29%. Use the drawdown chart below to compare losses from any high point for WIGRX and NESGX.
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Drawdown Indicators
| WIGRX | NESGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.07% | -50.29% | +10.22% |
Max Drawdown (1Y)Largest decline over 1 year | -15.43% | -17.16% | +1.73% |
Max Drawdown (3Y)Largest decline over 3 years | -27.59% | -35.27% | +7.68% |
Max Drawdown (5Y)Largest decline over 5 years | -40.07% | -50.05% | +9.98% |
Max Drawdown (10Y)Largest decline over 10 years | -40.07% | -50.29% | +10.22% |
Current DrawdownCurrent decline from peak | -14.63% | -15.86% | +1.23% |
Average DrawdownAverage peak-to-trough decline | -8.60% | -11.63% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.04% | 5.28% | +0.76% |
Volatility
WIGRX vs. NESGX - Volatility Comparison
The current volatility for Wasatch Core Growth Fund Institutional Class (WIGRX) is 4.95%, while Needham Small Cap Growth Fund (NESGX) has a volatility of 12.04%. This indicates that WIGRX experiences smaller price fluctuations and is considered to be less risky than NESGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WIGRX | NESGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.95% | 12.04% | -7.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.48% | 24.94% | -10.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.64% | 33.50% | -13.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.10% | 30.00% | -6.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 26.30% | -3.22% |
WIGRX vs. NESGX - Expense Ratio Comparison
WIGRX has a 1.05% expense ratio, which is lower than NESGX's 1.85% expense ratio.
Dividends
WIGRX vs. NESGX - Dividend Comparison
WIGRX's dividend yield for the trailing twelve months is around 7.94%, while NESGX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NESGX Needham Small Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 4.16% | 25.09% | 13.69% | 8.43% | 22.26% | 8.94% | 6.67% | 2.52% |
WIGRX Wasatch Core Growth Fund Institutional Class | 7.94% | 8.34% | 9.02% | 0.00% | 0.70% | 16.54% | 7.12% | 10.61% | 10.06% | 6.20% | 0.20% | 12.66% |
Frequently Asked Questions
WIGRX and NESGX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NESGX has higher volatility (12.04%) compared to WIGRX (4.95%). In terms of maximum drawdown, WIGRX dropped -40.07% vs NESGX's -50.29%.
NESGX currently has the higher Sharpe Ratio (2.18 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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