Skip to content

FMAGFidelity Magellan ETF

Grow my money5y track recordRanked #1,238 of 2,998 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2021

Annual Cost

0.57%

#3,008 of 5,861 · average

Fund Size

$258M

#2,145 of 5,861 · mid-size

Return (1Y)Goal

+7.6%

Track Record

5 years

#2,245 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,573+5.7%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 44.9% of fundmoderately concentrated

NVIDIA CORP
10.8%
MICROSOFT CORP
6.9%
AMAZON.COM INC
6.5%
BROADCOM INC
5.7%
META PLATFORMS INC
3.8%
ADVANCED MICRO DEVICES INC
2.5%
JPMORGAN CHASE and CO
2.4%
TAIWAN SEMICONDUCTOR MFG CO LTD
2.3%
KLA CORP
2.1%
VISA INC
1.9%

Asset allocation

Stocks
98.9%
Cash
1.1%

By sector

Technology
45.8%
Industrials
15.2%
Consumer Cyclical
11.9%
Communication
10.4%
Financial Services
7.2%
Basic Materials
3.6%
Healthcare
3.1%
Consumer Defensive
1.6%
Other
1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
16.4%Moderate

Year-on-year price swings

Max drawdown
-32.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.83Decent risk-adjusted returns
Sortino (3Y)
1.21Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks long-term growth of capital.
Strategy
Actively manages a portfolio primarily invested in equity securities, focusing on both growth and value stocks from domestic and foreign issuers. Uses fundamental analysis to select investments based on financial condition, industry position, and market conditions.
Inception date
February 2, 2021
Fund family
Fidelity Investments

What's next?

You've looked at FMAG. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-05