Fidelity Magellan ETF
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
12.0%
1 yr return
35.3%
3 Yr Avg Return
8.5%
5 Yr Avg Return
N/A
Net Assets
$75.4 M
Holdings in Top 10
36.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FMAG - Profile
Distributions
- YTD Total Return 12.0%
- 3 Yr Annualized Total Return 8.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Magellan ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 04, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSammy Simnegar
Fund Description
FMAG - Performance
Return Ranking - Trailing
Period | FMAG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.0% | -44.2% | 26.6% | 95.11% |
1 Yr | 35.3% | -98.5% | 150.0% | 16.56% |
3 Yr | 8.5%* | -74.2% | 26.3% | N/A |
5 Yr | N/A* | -61.2% | 23.2% | N/A |
10 Yr | N/A* | -35.6% | 18.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | FMAG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 30.8% | -98.8% | 81.6% | N/A |
2022 | -27.1% | -39.5% | 48.7% | N/A |
2021 | N/A | -13.0% | 34.8% | N/A |
2020 | N/A | -27.1% | 10.6% | N/A |
2019 | N/A | -15.9% | 33.2% | N/A |
Total Return Ranking - Trailing
Period | FMAG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.0% | -44.2% | 26.6% | 94.72% |
1 Yr | 35.3% | -98.5% | 150.0% | 17.72% |
3 Yr | 8.5%* | -74.2% | 32.9% | N/A |
5 Yr | N/A* | -61.2% | 22.9% | N/A |
10 Yr | N/A* | -35.6% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FMAG Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 31.3% | -98.8% | 81.6% | N/A |
2022 | -26.9% | -39.5% | 48.7% | N/A |
2021 | N/A | -13.0% | 34.8% | N/A |
2020 | N/A | -16.8% | 10.6% | N/A |
2019 | N/A | -15.9% | 35.6% | N/A |
FMAG - Holdings
Concentration Analysis
FMAG | Category Low | Category High | FMAG % Rank | |
---|---|---|---|---|
Net Assets | 75.4 M | 189 K | 222 B | 89.43% |
Number of Holdings | 57 | 2 | 3509 | 53.65% |
Net Assets in Top 10 | 22.6 M | -1.37 M | 104 B | 91.02% |
Weighting of Top 10 | 36.02% | 9.4% | 100.0% | 83.74% |
Top 10 Holdings
- MICROSOFT CORP 8.37%
- NVIDIA CORP 5.00%
- AMAZON.COM INC 4.51%
- META PLATFORMS INC CL A 3.45%
- ALPHABET INC CL A 3.22%
- BROADCOM INC 2.44%
- UNITEDHEALTH GROUP INC 2.33%
- VISA INC CL A 2.33%
- ELI LILLY and CO 2.27%
- MASTERCARD INC CL A 2.10%
Asset Allocation
Weighting | Return Low | Return High | FMAG % Rank | |
---|---|---|---|---|
Stocks | 99.00% | 0.00% | 107.71% | 59.71% |
Cash | 1.00% | -10.83% | 87.35% | 36.99% |
Preferred Stocks | 0.00% | 0.00% | 4.41% | 60.02% |
Other | 0.00% | -2.66% | 17.15% | 61.55% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 57.56% |
Bonds | 0.00% | -1.84% | 98.58% | 56.95% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FMAG % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 16.07% | 10.91% |
Technology | 0.00% | 0.00% | 69.82% | 45.24% |
Real Estate | 0.00% | 0.00% | 29.57% | 3.23% |
Industrials | 0.00% | 0.00% | 30.65% | 23.35% |
Healthcare | 0.00% | 0.00% | 39.76% | 42.09% |
Financial Services | 0.00% | 0.00% | 43.06% | 18.05% |
Energy | 0.00% | 0.00% | 41.09% | 80.34% |
Communication Services | 0.00% | 0.00% | 66.40% | 86.02% |
Consumer Defense | 0.00% | 0.00% | 25.50% | 53.53% |
Consumer Cyclical | 0.00% | 0.00% | 62.57% | 94.55% |
Basic Materials | 0.00% | 0.00% | 22.00% | 13.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FMAG % Rank | |
---|---|---|---|---|
US | 99.00% | 0.00% | 105.43% | 40.75% |
Non US | 0.00% | 0.00% | 54.22% | 64.85% |
FMAG - Expenses
Operational Fees
FMAG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.59% | 0.01% | 7.09% | 82.37% |
Management Fee | 0.59% | 0.00% | 1.50% | 40.48% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
FMAG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FMAG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 5.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FMAG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 316.74% | 61.19% |
FMAG - Distributions
Dividend Yield Analysis
FMAG | Category Low | Category High | FMAG % Rank | |
---|---|---|---|---|
Dividend Yield | 0.07% | 0.00% | 19.33% | 14.79% |
Dividend Distribution Analysis
FMAG | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
FMAG | Category Low | Category High | FMAG % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -6.13% | 2.90% | 25.52% |
Capital Gain Distribution Analysis
FMAG | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 20, 2024 | $0.005 | OrdinaryDividend |
Jan 03, 2024 | $0.010 | OrdinaryDividend |
Dec 20, 2023 | $0.027 | OrdinaryDividend |
Sep 20, 2023 | $0.012 | OrdinaryDividend |
Jun 22, 2023 | $0.011 | OrdinaryDividend |
Mar 22, 2023 | $0.023 | OrdinaryDividend |
Dec 21, 2022 | $0.018 | OrdinaryDividend |
Sep 21, 2022 | $0.013 | OrdinaryDividend |
Jun 23, 2022 | $0.011 | OrdinaryDividend |
Mar 23, 2022 | $0.001 | OrdinaryDividend |
Dec 22, 2021 | $0.002 | OrdinaryDividend |
Sep 22, 2021 | $0.001 | OrdinaryDividend |
Jun 23, 2021 | $0.001 | OrdinaryDividend |
Mar 24, 2021 | $0.004 | OrdinaryDividend |
FMAG - Fund Manager Analysis
Managers
Sammy Simnegar
Start Date
Tenure
Tenure Rank
Feb 02, 2021
1.32
1.3%
Sammy Simnegar is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.
Timothy Gannon
Start Date
Tenure
Tenure Rank
Feb 02, 2021
1.32
1.3%
Tim Gannon is a quantitative analyst in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Gannon is responsible for building stock selection models, providing portfolio construction guidance, and researching investment strategies.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.09 | 2.92 |