YOVIX vs. NESIX

Last updated Apr 1, 2026

Compare and contrast key facts about Yorktown Small-Cap Fund (YOVIX) and Needham Small Cap Growth Fund Institutional (NESIX).

YOVIX is managed by Yorktown Funds. It was launched on May 9, 2016. NESIX is managed by Needham. It was launched on Dec 30, 2016.

Performance

YOVIX vs. NESIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Yorktown Small-Cap Fund (YOVIX) and Needham Small Cap Growth Fund Institutional (NESIX). The values are adjusted to include any dividend payments, if applicable.

YOVIX vs. NESIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
YOVIX Yorktown Small-Cap Fund	-9.77%	9.64%	6.01%	14.19%	-25.19%	24.76%	30.31%	21.85%	-7.94%	8.11%
NESIX Needham Small Cap Growth Fund Institutional	15.52%	11.16%	13.47%	5.85%	-29.71%	11.36%	73.06%	55.28%	-4.87%	12.63%

Returns By Period

In the year-to-date period, YOVIX achieves a -9.77% return, which is significantly lower than NESIX's 15.52% return.

YOVIX

• 1D: -1.75%
• 1M: -10.18%
• YTD: -9.77%
• 6M: -14.35%
• 1Y: 2.68%
• 3Y*: 4.22%
• 5Y*: 0.29%
• 10Y*: —

NESIX

• 1D: 5.37%
• 1M: -3.69%
• YTD: 15.52%
• 6M: 15.78%
• 1Y: 56.14%
• 3Y*: 13.44%
• 5Y*: 1.70%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YOVIX vs. NESIX - Expense Ratio Comparison

YOVIX has a 1.38% expense ratio, which is higher than NESIX's 1.18% expense ratio.

YOVIX

Yorktown Small-Cap Fund

NESIX

Needham Small Cap Growth Fund Institutional

Return for Risk

YOVIX vs. NESIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YOVIX

YOVIX Risk / Return Rank: 8
YOVIX Sharpe Ratio Rank: 8
YOVIX Sortino Ratio Rank: 8
YOVIX Omega Ratio Rank: 8
YOVIX Calmar Ratio Rank: 8
YOVIX Martin Ratio Rank: 8

NESIX

NESIX Risk / Return Rank: 84
NESIX Sharpe Ratio Rank: 82
NESIX Sortino Ratio Rank: 81
NESIX Omega Ratio Rank: 73
NESIX Calmar Ratio Rank: 93
NESIX Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YOVIX vs. NESIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Yorktown Small-Cap Fund (YOVIX) and Needham Small Cap Growth Fund Institutional (NESIX). 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.

	YOVIX	NESIX	Difference
Sharpe ratio Return per unit of total volatility	0.16	1.61	-1.45
Sortino ratio Return per unit of downside risk	0.40	2.20	-1.80
Omega ratio Gain probability vs. loss probability	1.05	1.29	-0.24
Calmar ratio Return relative to maximum drawdown	0.10	3.17	-3.07
Martin ratio Return relative to average drawdown	0.31	10.66	-10.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YOVIX vs. NESIX - Sharpe Ratio Comparison

The current YOVIX Sharpe Ratio is 0.16, which is lower than the NESIX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of YOVIX and NESIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	YOVIX	NESIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	1.61	-1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.06	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.55	-0.19

Correlation

The correlation between YOVIX and NESIX is 0.82, 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

YOVIX vs. NESIX - Dividend Comparison

Neither YOVIX nor NESIX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
YOVIX Yorktown Small-Cap Fund	0.00%	0.00%	0.00%	0.24%	8.03%	4.61%	0.07%	1.26%	1.01%	17.08%	0.27%
NESIX Needham Small Cap Growth Fund Institutional	0.00%	0.00%	0.00%	0.00%	3.93%	23.92%	13.26%	8.25%	21.96%	8.89%	0.00%

Drawdowns

YOVIX vs. NESIX - Drawdown Comparison

The maximum YOVIX drawdown since its inception was -41.82%, smaller than the maximum NESIX drawdown of -49.61%. Use the drawdown chart below to compare losses from any high point for YOVIX and NESIX.

Drawdown Indicators

	YOVIX	NESIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.82%	-49.61%	+7.79%
Max Drawdown (1Y) Largest decline over 1 year	-16.53%	-17.25%	+0.72%
Max Drawdown (5Y) Largest decline over 5 years	-33.13%	-49.61%	+16.48%
Current Drawdown Current decline from peak	-16.53%	-4.27%	-12.26%
Average Drawdown Average peak-to-trough decline	-10.51%	-15.26%	+4.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.27%	5.13%	+0.14%

Volatility

YOVIX vs. NESIX - Volatility Comparison

The current volatility for Yorktown Small-Cap Fund (YOVIX) is 6.52%, while Needham Small Cap Growth Fund Institutional (NESIX) has a volatility of 12.19%. This indicates that YOVIX experiences smaller price fluctuations and is considered to be less risky than NESIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YOVIX	NESIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.52%	12.19%	-5.67%
Volatility (6M) Calculated over the trailing 6-month period	14.75%	23.47%	-8.72%
Volatility (1Y) Calculated over the trailing 1-year period	23.07%	35.37%	-12.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.99%	29.15%	-7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.57%	26.35%	-3.78%