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FMAG vs FDEM

Fidelity Magellan ETF vs Fidelity Emerging Markets Multifactor ETF

FMAG

Fidelity Magellan ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$253M

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

Key differences

  • FDEM costs 0.32% less per year.
  • FMAG covers north america markets; FDEM covers emerging markets.
  • FMAG follows a active selection strategy; FDEM uses index tracking.
  • Over the last 3 years, FDEM has delivered higher annualized returns.

Side-by-side comparison

FMAGFDEM
Annual cost (TER)0.57%0.25%
Fund size (AUM)$253M$508M
Since20212019
Dividend yield0.08%2.92%
Asset classequityequity
Regionnorth americaemerging markets
Strategyactive selectionindex tracking
CAGR 1Y+14.3%+42.5%
CAGR 3Y+21.2%+23.2%
CAGR 5Y+12.5%+9.9%
Sharpe 3Y0.981.17
Volatility 1Y14.32%17.19%
Max drawdown-32.93%-33.65%

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

Similar to FMAG and FDEM