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FMAG vs FRNW

Fidelity Magellan ETF vs Fidelity Clean Energy ETF

FMAG

Fidelity Magellan ETF

Annual cost

0.57%

Fund size

$258M

FRNW

Fidelity Clean Energy ETF

Annual cost

0.39%

Fund size

$166M

Key differences

Both FMAG and FRNW are equity ETFs. FMAG charges 0.57% a year and FRNW 0.39%. The main difference: FMAG follows a active selection strategy; FRNW uses index tracking.

  • FMAG follows a active selection strategy; FRNW uses index tracking.
  • FMAG covers North America; FRNW covers global markets.
  • FRNW costs 0.18% less per year.
  • Over the last three years, FMAG has delivered higher annualized returns.

Side-by-side comparison

FMAGFRNW
Annual cost (TER)0.57%0.39%
Fund size (AUM)$258M$166M
Since20212021
Dividend yield0.08%0.92%
Asset classequityequity
Regionnorth americaglobal
Strategyactive selectionindex tracking
CAGR 1Y+9.3%+63.6%
CAGR 3Y+20.3%+7.2%
CAGR 5Y+11.4%N/A
Sharpe 3Y0.940.26
Volatility 1Y15.06%26.92%
Max drawdown-32.93%-59.37%

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

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