Fidelity Magellan ETF (FMAG)

BATS: FMAG · IEX Real-Time Price · USD
19.68
0.00 (-0.02%)
Jan 27, 2023, 4:00 PM EST - Market closed
-0.02%
Assets $44.27M
Expense Ratio 0.59%
PE Ratio 29.43
Shares Out 2.25M
Dividend (ttm) $0.04
Dividend Yield 0.22%
Ex-Dividend Date Dec 16, 2022
Payout Ratio 6.40%
1-Year Return -7.39%
Volume 15,132
Open 19.68
Previous Close 19.68
Day's Range 19.58 - 19.79
52-Week Low 16.76
52-Week High 23.02
Beta 1.15
Holdings 56
Inception Date Feb 2, 2021

About FMAG

The Fidelity Magellan ETF (FMAG) is an exchange-traded fund that is based on the S&P 500 TR USD index. 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 managed by Fidelity.

Asset Class Equity
Category Large Growth
Region North America
Stock Exchange BATS
Ticker Symbol FMAG
Issuer Website Fidelity
Index Tracked S&P 500 TR USD

Top 10 Holdings

33.24% of assets
Name Symbol Weight
Microsoft Corporation MSFT 6.96%
Apple Inc. AAPL 6.29%
UnitedHealth Group Incorporated UNH 2.86%
Alphabet Inc. GOOGL 2.77%
NVIDIA Corporation NVDA 2.70%
Visa Inc. V 2.51%
Mastercard Incorporated MA 2.38%
Amazon.com, Inc. AMZN 2.37%
NextEra Energy, Inc. NEE 2.21%
Eli Lilly and Company LLY 2.20%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 16, 2022 $0.018 Dec 21, 2022
Sep 16, 2022 $0.013 Sep 21, 2022
Jun 17, 2022 $0.011 Jun 23, 2022
Mar 18, 2022 $0.001 Mar 23, 2022
Dec 17, 2021 $0.002 Dec 22, 2021
Sep 17, 2021 $0.001 Sep 22, 2021
Full Dividend History

News

ETF Conversions' Pitfalls Eyed

As more mutual funds relaunch as exchange-traded funds, experts weigh the downside.

Other symbols: ADIVDIVS
1 week ago - ETFcom

What To Watch For In ETFs In 2022

Keep your eye on ETF flows, the attention active management is getting and thematic ETFs' growth.

1 year ago - ETFcom

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 marke...

1 year ago - ETF Trends

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, offe...

1 year ago - ETF Trends

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.

1 year ago - ETF Trends

Breaking Down 1H 2021 ETF Launches

A strong first half saw more than 200 ETF launches.

1 year ago - ETFcom

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,...

1 year ago - ETF Trends

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.

2 years ago - Kiplinger