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FMAG vs FELC

Fidelity Magellan ETF vs Fidelity Enhanced Large Cap Core ETF

FMAG

Fidelity Magellan ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$253M

FELC

Fidelity Enhanced Large Cap Core ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$7.0B

Key differences

  • FELC costs 0.39% less per year.
  • FELC is significantly larger than FMAG — larger funds tend to be more liquid and less likely to close.
  • FELC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMAGFELC
Annual cost (TER)0.57%0.18%
Fund size (AUM)$253M$7.0B
Since20212007
Dividend yield0.08%0.90%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+14.3%+31.3%
CAGR 3Y+21.2%N/A
CAGR 5Y+12.5%N/A
Sharpe 3Y0.98N/A
Volatility 1Y14.32%12.05%
Max drawdown-32.93%-18.59%

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

Similar to FMAG and FELC