# FMAG (Fidelity Magellan ETF)

Fidelity · Stock ETFs · U.S. large-cap growth · data as of Oct 2, 2026

FMAG is actively managed and returned +3.5% over the past year.

## Key facts

- FMAG, total return, 1 year: +3.5%, as of Oct 2, 2026.
- FMAG, expense ratio: 0.57%, as of Oct 2, 2026.
- FMAG, holdings: 50, as of Oct 2, 2026.
- FMAG, below its high: −2.0%, as of Oct 2, 2026.
- FMAG, net assets: $242m (the issuer’s own figure for this ETF, month end, as of Aug 31, 2026).

## FMAG over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +1.5% | +3.6% | −2.1 pts | −3.8 pts |
| 6 months | +14.0% | +17.9% | −4.0 pts | −14.4 pts |
| 1 year | +3.5% | +16.2% | −12.7 pts | −20.8 pts |
| 3 years | +74.0% | +89.3% | −15.3 pts | −40.8 pts |
| Since listing | +82.1% | +115.2% | −33.1 pts | −52.5 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · U.S. large-cap growth | ETFIQ |
| Expense ratio | 0.57% | 485BPOS XBRL, Nov 24, 2025 |
| Price | $36.43 | ETFIQ |
| Listed since | Feb 4, 2021 | ETFIQ |
| Net assets | $242m | the issuer’s own figure for this ETF, month end, as of Aug 31, 2026 |
| Below its high | −2.0% | ETFIQ |
| Holdings | 50 | ETFIQ |
| Top ten weight | 45.1% | ETFIQ |
| Holdings as of | Jul 31, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 95.3% | ETFIQ |
| Active share vs the S&P 500 | 61.8% | ETFIQ |
| Already in the Nasdaq-100, by weight | 57.4% | ETFIQ |

## Questions

### How has FMAG performed?

Over the year to Oct 2, 2026, FMAG returned +3.5% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +74.0%.

### What does FMAG cost?

The prospectus expense ratio is 0.57% a year.

### What does FMAG hold?

50 positions as filed for Jul 31, 2026, with the top ten at 45.1% of the fund. 95% of its weight is in stocks the S&P 500 also holds.

### How far is FMAG below its high?

2.0% below its high of Aug 13, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, FMAG, data as of Oct 2, 2026. https://etfiq.com/funds/fmag
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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