Screener
FMAT vs FMAG
Fidelity MSCI Materials Index ETF vs Fidelity Magellan ETF
Key differences
Both FMAT and FMAG are equity ETFs. FMAT charges 0.08% a year and FMAG 0.57%. The main difference: FMAT follows a index tracking strategy; FMAG uses active selection.
- FMAT follows a index tracking strategy; FMAG uses active selection.
- FMAT costs 0.49% less per year.
- Over the last three years, FMAG has delivered higher annualized returns.
- FMAT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FMAT | FMAG | |
|---|---|---|
| Annual cost (TER) | 0.08% | 0.57% |
| Fund size (AUM) | $616M | $258M |
| Since | 2013 | 2021 |
| Dividend yield | 1.43% | 0.08% |
| Asset class | equity | equity |
| Region | north america | north america |
| Strategy | index tracking | active selection |
| CAGR 1Y | +22.6% | +9.3% |
| CAGR 3Y | +11.9% | +20.3% |
| CAGR 5Y | +6.0% | +11.4% |
| Sharpe 3Y | 0.52 | 0.94 |
| Volatility 1Y | 18.44% | 15.06% |
| Max drawdown | -41.11% | -32.93% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.