Screener
FMAG vs ONEQ
Fidelity Magellan ETF vs Fidelity Nasdaq Composite Index ETF
Key differences
Both FMAG and ONEQ are equity ETFs. FMAG charges 0.57% a year and ONEQ 0.21%. The main difference: FMAG follows a active selection strategy; ONEQ uses index tracking.
- FMAG follows a active selection strategy; ONEQ uses index tracking.
- ONEQ costs 0.36% less per year.
- ONEQ is much larger than FMAG. Larger funds are usually more liquid and less likely to close.
- Over the last three years, ONEQ has delivered higher annualized returns.
- ONEQ has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FMAG | ONEQ | |
|---|---|---|
| Annual cost (TER) | 0.57% | 0.21% |
| Fund size (AUM) | $258M | $10.9B |
| Since | 2021 | 2003 |
| Dividend yield | 0.08% | 0.48% |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +9.3% | +32.8% |
| CAGR 3Y | +20.3% | +26.4% |
| CAGR 5Y | +11.4% | +14.4% |
| Sharpe 3Y | 0.94 | 1.09 |
| Volatility 1Y | 15.06% | 16.86% |
| Max drawdown | -32.93% | -35.23% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.