Fidelity Magellan ETFFMAG
FMAG
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
92% more capital invested
Capital invested by funds: $44.2M [Q4 2024] → $84.9M (+$40.7M) [Q1 2025]
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
16.71% more ownership
Funds ownership: 26.22% [Q4 2024] → 42.93% (+16.71%) [Q1 2025]
8% more funds holding
Funds holding: 26 [Q4 2024] → 28 (+2) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for FMAG.
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
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 overall risk-adjusted returns and high fees remain concerns versus passive S&P 500 ETFs over longer timeframes. While FMAG's recent moves are impressive, I recommend watching for sustained outperformance before considering it over established, lower-fee index funds.
Negative
Seeking Alpha
3 months ago
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 to SPY's 0.09%, with FMAG showing more volatility and a low Sharpe ratio of 0.16. FMAG's portfolio closely mirrors SPY, with minor differences, making it unnecessary to pay higher fees for similar exposure.
Negative
Seeking Alpha
1 year ago
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 whether the strategy can deliver Alpha over the long run.
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