Fidelity Magellan ETF (FMAG)
| Assets | $49.48M |
| NAV | $21.99 |
| Expense Ratio | 0.59% |
| PE Ratio | 37.36 |
| Shares Out | 2.25M |
| Dividend (ttm) | $0.01 |
| Dividend Yield | 0.04% |
| Ex-Dividend Date | Dec 17, 2021 |
| 1-Year Return | +9.57% |
| Volume | 83,496 |
| Open | 22.23 |
| Previous Close | 21.86 |
| Day's Range | 20.91 - 22.02 |
| 52-Week Low | 18.65 |
| 52-Week High | 18.65 |
| Beta | 1.30 |
| Holdings | 65 |
| Inception Date | Feb 2, 2021 |
About FMAG
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.
Top 10 Holdings
35.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft | MSFT | 7.34% |
| Apple | AAPL | 6.88% |
| Amazon.com | AMZN | 4.56% |
| Meta Platforms | FB | 2.72% |
| Alphabet | GOOGL | 2.67% |
| NVIDIA | NVDA | 2.66% |
| Alphabet | GOOG | 2.58% |
| UnitedHealth Group | UNH | 2.06% |
| The Home Depot | HD | 1.85% |
| Netflix | NFLX | 1.78% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2021 | $0.002 | Dec 22, 2021 |
| Sep 17, 2021 | $0.001 | Sep 22, 2021 |
| Jun 18, 2021 | $0.001 | Jun 23, 2021 |
| Mar 19, 2021 | $0.004 | Mar 24, 2021 |
News
The Fidelity Magellan ETF Could Be an Expert Guide for Investors in Today's Market
The storied Fidelity Magellan methodology, which now comes in an exchange traded fund wrapper, can be a starting point for investors considering where active management can fit in today's equity markets...
The Potential for Outperformance: Fidelity Magellan ETF
Fidelity Investment's flagship Magellan fund has helped investors reach their financial goals for decades. That time-tested, actively managed approach is now available as an exchange traded fund, offeri...
ETF of the Week: Fidelity Magellan ETF (FMAG)
ETF Trends CEO Tom Lydon discussed the Fidelity Magellan ETF (FMAG) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. The fund seeks long-term growth of capital.
Active Funds Are Dominating 2021 ETF Launches
The first half of 2021 brought a torrid pace of exchange traded funds debuts, with 200 rookie ETFs coming to market. As CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth points out, m...
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.