Fidelity Magellan ETF (FMAG)

BATS: FMAG · IEX Real-Time Price · USD
-0.03 (-0.11%)
Feb 28, 2024, 2:59 PM EST - Market open
Assets $54.47M
Expense Ratio 0.59%
PE Ratio 0.84
Shares Out 2.65M
Dividend (ttm) $0.08
Dividend Yield 0.31%
Ex-Dividend Date Dec 28, 2023
Payout Ratio 0.26%
1-Year Return +40.08%
Volume 12,934
Open 27.00
Previous Close 27.08
Day's Range 26.96 - 27.07
52-Week Low 18.75
52-Week High 27.28
Beta 1.05
Holdings 57
Inception Date Feb 2, 2021

About FMAG

Fund Home Page

The 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.

Asset Class Equity
Category Large Growth
Region Global
Stock Exchange BATS
Ticker Symbol FMAG
ETF Provider Fidelity

Top 10 Holdings

35.58% of assets
Name Symbol Weight
Microsoft Corporation MSFT 8.38%, Inc. AMZN 4.67%
NVIDIA Corporation NVDA 4.33%
Alphabet Inc. GOOGL 3.37%
Meta Platforms, Inc. META 3.29%
UnitedHealth Group Incorporated UNH 2.52%
Broadcom Inc. AVGO 2.42%
Visa Inc. V 2.33%
Eli Lilly and Company LLY 2.16%
Mastercard Incorporated MA 2.10%
View More Holdings


Ex-Dividend Amount Pay Date
Dec 28, 2023 $0.010 Jan 3, 2024
Dec 15, 2023 $0.027 Dec 20, 2023
Sep 15, 2023 $0.012 Sep 20, 2023
Jun 16, 2023 $0.011 Jun 22, 2023
Mar 17, 2023 $0.023 Mar 22, 2023
Dec 16, 2022 $0.018 Dec 21, 2022
Full Dividend History


3 Years in, Semitransparent Active ETFs Exhibit Strong Performance

The semitransparent active ETFs structure is already three years old. Several products that launched in late 2020 are nearing or passed their third birthdays.

Other symbols: FBCGIVWSPY
4 months ago - ETF Trends

Fidelity Poised to Be a Active ETF Leader

Fidelity's two largest ETFs are index-based. However, that might be short-lived as the firm increases its commitment to ETF industry through active products.

8 months ago - ETF Trends

ETF Conversions' Pitfalls Eyed

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

Other symbols: ADIVDIVS
1 year 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.

2 years 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...

2 years 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...

2 years 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.

2 years ago - ETF Trends

Breaking Down 1H 2021 ETF Launches

A strong first half saw more than 200 ETF launches.

2 years 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,...

2 years 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.

3 years ago - Kiplinger