FMAGFidelity Magellan ETF

Grow my money5y track recordRanked #1,212 of 2,969 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2021

Annual Cost

0.57%

#2,896 of 5,573 · average

Fund Size

$258M

#2,101 of 5,573 · mid-size

Return (1Y)Goal

+12.7%

Track Record

5 years

#2,302 of 5,573 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,345+13.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 44.1% of fundmoderately concentrated

NVIDIA CORP

10.7%

MICROSOFT CORP

7.6%

AMAZON.COM INC

6.2%

BROADCOM INC

4.8%

META PLATFORMS INC

4.7%

VISA INC

2.1%

TAIWAN SEMICONDUCTOR MFG CO LTD

2.1%

GE AEROSPACE

2.1%

MASTERCARD INC

1.9%

SYNOPSYS INC

1.9%

Asset allocation

Stocks

99.9%

Cash

0.1%

By sector

Technology

42.7%

Industrials

15.7%

Consumer Cyclical

12.9%

Financial Services

12.2%

Communication

5.6%

Healthcare

4.0%

Basic Materials

4.0%

Consumer Defensive

1.7%

Other

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

15.3%Moderate

Year-on-year price swings

Max drawdown

-32.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.93Decent risk-adjusted returns

Sortino (3Y)

1.35Good downside protection

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Actively managed ETF that does not disclose its complete portfolio daily. Instead, it publishes a 'Tracking Basket' to closely track daily performance.
Inception date: February 2, 2021
Fund family: Fidelity Investments