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FMKT vs FMAG

The Free Markets ETF vs Fidelity Magellan ETF

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

FMAG

Fidelity Magellan ETF

Annual cost

0.57%

Fund size

$258M

Key differences

Both FMKT and FMAG are equity ETFs. FMKT charges 0.76% a year and FMAG 0.57%. 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

FMKTFMAG
Annual cost (TER)0.76%0.57%
Fund size (AUM)$15M$258M
Since20252021
Dividend yield0.08%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+11.1%+9.3%
CAGR 3YN/A+20.3%
CAGR 5YN/A+11.4%
Sharpe 3YN/A0.94
Volatility 1Y19.76%15.06%
Max drawdown-17.79%-32.93%

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

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