Fidelity Magellan ETF (FMAG)
- Expense ratio0.60%
- Net assets$235.1M
- Dividend yield0.00%
- 1-year return+2.76%
- Holdings50
FMAG ETF price chart
FMAG quote & trading statistics
FMAG performance
Total return · as of October 18, 2026- YTD+3.12%
- 1 year+2.76%
- 3 years+17.33%/yr
- 5 years+8.64%/yr
- 10 years0.00%/yr
- 1Y volatility
- 15.26%
- 3Y volatility
- 15.87%
- 3Y Sharpe ratio
- 0.99
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
FMAG top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NVDA | NVIDIA Corporation | 10.12% |
| 2 | AMZN | Amazon.com Inc | 6.42% |
| 3 | MSFT | Microsoft Corporation | 5.63% |
| 4 | AVGO | Broadcom Inc | 4.59% |
| 5 | GOOGL | Alphabet Inc Class A | 3.96% |
| 6 | GOOG | Alphabet Inc Class C | 3.34% |
| 7 | AMD | Advanced Micro Devices Inc | 3.01% |
| 8 | LLY | Eli Lilly and Company | 2.42% |
| 9 | V | Visa Inc. Class A | 2.41% |
| 10 | MA | Mastercard Inc | 2.26% |
The top 10 holdings make up 44.2% of the fund (50 holdings in total). As of October 18, 2026.
About Fidelity Magellan ETF
The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.
FMAG ETF FAQ
What is the FMAG expense ratio?
Fidelity Magellan ETF has a net expense ratio of 0.60%, or $60.00 a year for every $10,000 invested.
How much money is in FMAG?
Fidelity Magellan ETF has about $235.1M in net assets.
What are the top holdings of FMAG?
The largest positions in FMAG are NVIDIA Corporation (10.12%), Amazon.com Inc (6.42%), Microsoft Corporation (5.63%). The fund holds 50 securities in total.
How has FMAG performed?
FMAG returned +2.76% over the past year and +8.64% a year over the past five years, including reinvested distributions.
Does FMAG pay dividends?
FMAG has a dividend yield of 0.00%.
When was FMAG launched?
Fidelity Magellan ETF began trading on February 2, 2021.
ETFs similar to FMAG
Funds that track the same index or whose top-10 holdings overlap most with FMAG's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.
| Symbol | Fund | Overlap | Expense ratio | Net assets | 1-year return |
|---|---|---|---|---|---|
| FMAG | Fidelity Magellan ETF | — | 0.60% | $235.1M | +2.76% |
| ILDR | First Trust Innovation Leaders ETF | 71% | 0.74% | $340.0M | +11.36% |
| BAMG | Brookstone Growth Stock ETF | 71% | 0.97% | $135.4M | +17.98% |
| ILCG | iShares Morningstar Growth ETF | 69% | 0.04% | $3.08B | +10.10% |
| GQQQ | Astoria US Quality Growth Kings ETF | 68% | — | $178.0M | +24.09% |
| USCA | Xtrackers MSCI USA Climate Action Equity ETF | 66% | 0.07% | $3.46B | +13.16% |
| USCL | iShares Climate Conscious & Transition MSCI… | 67% | 0.07% | $2.81B | +14.11% |
| PFDE | Pathfinder Disciplined US Equity ETF | 68% | — | $170.6M | — |
| JUST | Goldman Sachs JUST U.S. Large Cap Equity ETF | 66% | 0.20% | $563.3M | +17.86% |