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FMAG vs FMKT

Fidelity Magellan ETF vs The Free Markets ETF

FMAG

Fidelity Magellan ETF

Annual cost

0.57%

Fund size

$258M

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

Key differences

Both FMAG and FMKT are equity ETFs. FMAG charges 0.57% a year and FMKT 0.76%. The main difference: FMAG costs 0.19% less per year.

  • FMAG costs 0.19% less per year.
  • FMAG is much larger than FMKT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FMAGFMKT
Annual cost (TER)0.57%0.76%
Fund size (AUM)$258M$15M
Since20212025
Dividend yield0.08%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+9.3%+11.1%
CAGR 3Y+20.3%N/A
CAGR 5Y+11.4%N/A
Sharpe 3Y0.94N/A
Volatility 1Y15.06%19.76%
Max drawdown-32.93%-17.79%

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

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