Fidelity Magellan ETF (FMAG)
| Assets | $279.27M |
| Expense Ratio | 0.59% |
| PE Ratio | 38.03 |
| Shares Out | 7.95M |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.15% |
| Ex-Dividend Date | Sep 19, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 5.66% |
| Volume | 89,713 |
| Open | 34.67 |
| Previous Close | 34.69 |
| Day's Range | 34.23 - 34.67 |
| 52-Week Low | 25.24 |
| 52-Week High | 35.72 |
| Beta | 1.12 |
| Holdings | 54 |
| Inception Date | Feb 2, 2021 |
About FMAG
Fund Home PageThe Fidelity Magellan ETF (FMAG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that provides exposure to fundamentally-selected firms located globally. The fund utilizes the Fidelity non-transparent model. FMAG was launched on Feb 2, 2021 and is issued by Fidelity.
Top 10 Holdings
44.26% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 10.06% |
| Microsoft Corporation | MSFT | 8.89% |
| Amazon.com, Inc. | AMZN | 5.47% |
| Meta Platforms, Inc. | META | 4.64% |
| Broadcom Inc. | AVGO | 4.61% |
| Visa Inc. | V | 2.22% |
| Netflix, Inc. | NFLX | 2.20% |
| General Electric Company | GE | 2.11% |
| Amphenol Corporation | APH | 2.04% |
| Mastercard Incorporated | MA | 2.01% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2025 | $0.030 | Sep 23, 2025 |
| Dec 20, 2024 | $0.021 | Dec 24, 2024 |
| Sep 20, 2024 | $0.012 | Sep 24, 2024 |
| Jun 21, 2024 | $0.007 | Jun 25, 2024 |
| Mar 15, 2024 | $0.005 | Mar 20, 2024 |
| Dec 28, 2023 | $0.010 | Jan 3, 2024 |
Performance
FMAG had a total return of 13.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.42%.
News
FMAG ETF: Strong Bounceback From Liberation Day; Upgrade To Hold
FMAG has rebounded recently, outperforming after a period of underperformance, prompting me to upgrade my rating to hold. The fund's active management made timely bets in the past few months, but over...
FMAG: Don't Bother With This High Fee, Limited Differentiation ETF
Fidelity Magellan ETF, an actively managed ETF by Fidelity, aims to outperform the S&P 500 but has failed to deliver significant alpha over four years. The fund's 0.6% expense ratio is high compared t...
FMAG ETF: Active Equity Strategy Still Has A Lot To Prove
The Fidelity Magellan ETF is an actively managed fund that focuses on large-cap U.S. stocks. The fund has rallied over the past year but still lags the benchmark S&P 500 historically. It's unclear whe...
Fidelity Magellan ETF (FMAG): A Legend at a Lower Cost
Fidelity recently turned its Magellan Fund and a few other strategies into actively managed ETFs, joining a growing trend in the fund arena.