Skip to content
Screener

FMAG vs FENY

Fidelity Magellan ETF vs Fidelity MSCI Energy Index ETF

FMAG

Fidelity Magellan ETF

Annual cost

0.57%

Fund size

$258M

FENY

Fidelity MSCI Energy Index ETF

Annual cost

0.08%

Fund size

$1.9B

Key differences

Both FMAG and FENY are equity ETFs. FMAG charges 0.57% a year and FENY 0.08%. The main difference: FMAG follows a active selection strategy; FENY uses index tracking.

  • FMAG follows a active selection strategy; FENY uses index tracking.
  • FENY costs 0.49% less per year.
  • FENY is much larger than FMAG. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FMAG has delivered higher annualized returns.
  • FENY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMAGFENY
Annual cost (TER)0.57%0.08%
Fund size (AUM)$258M$1.9B
Since20212013
Dividend yield0.08%2.51%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+9.3%+37.9%
CAGR 3Y+20.3%+16.1%
CAGR 5Y+11.4%+20.0%
Sharpe 3Y0.940.63
Volatility 1Y15.06%20.47%
Max drawdown-32.93%-69.07%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

Similar to FMAG and FENY