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FMAG vs APIE

Fidelity Magellan ETF vs ActivePassive International Equity ETF

FMAG

Fidelity Magellan ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$253M

APIE

ActivePassive International Equity ETF

Active Passive Funds

Annual cost

0.45%

Fund size

$1.0B

Key differences

  • APIE costs 0.12% less per year.
  • APIE is significantly larger than FMAG — larger funds tend to be more liquid and less likely to close.
  • FMAG covers north america markets; APIE covers global.
  • Over the last 3 years, FMAG has delivered higher annualized returns.

Side-by-side comparison

FMAGAPIE
Annual cost (TER)0.57%0.45%
Fund size (AUM)$253M$1.0B
Since20212023
Dividend yield0.08%3.51%
Asset classequityequity
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+14.3%+25.1%
CAGR 3Y+21.2%+17.9%
CAGR 5Y+12.5%N/A
Sharpe 3Y0.980.85
Volatility 1Y14.32%16.19%
Max drawdown-32.93%-15.94%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FMAG and APIE