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FMAG vs FENI

Fidelity Magellan ETF vs Fidelity Enhanced International ETF

FMAG

Fidelity Magellan ETF

Fidelity Investments

Annual cost

0.57%

Fund size

$253M

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FENI costs 0.29% less per year.
  • FENI is significantly larger than FMAG — larger funds tend to be more liquid and less likely to close.
  • FMAG covers north america markets; FENI covers europe.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMAGFENI
Annual cost (TER)0.57%0.28%
Fund size (AUM)$253M$9.1B
Since20212007
Dividend yield0.08%2.93%
Asset classequityequity
Regionnorth americaeurope
Strategyactive selectionactive selection
CAGR 1Y+14.3%+29.1%
CAGR 3Y+21.2%N/A
CAGR 5Y+12.5%N/A
Sharpe 3Y0.98N/A
Volatility 1Y14.32%15.63%
Max drawdown-32.93%-14.20%

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

Similar to FMAG and FENI