Fidelity Magellan ETF (FMAG) belongs to the Global Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FMAG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMAG
FMAG charges 0.59% annually. There are 55 ETFs in the Global Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total International Stock ETF | 0.05% | 652.30B | Jan 2011 | FMAG vs VXUS | |
| Vanguard Total World Stock ETF | 0.06% | 95.30B | Jun 2008 | FMAG vs VT | |
| SPDR Portfolio MSCI Global Stock Market ETF | 0.09% | 1.72B | Feb 2012 | FMAG vs SPGM | |
| Invesco MSCI Global Climate 500 ETF | 0.10% | 1.57B | Jun 2024 | FMAG vs KLMT | |
| SPDR MSCI ACWI Climate Paris Aligned ETF | 0.12% | 191.79M | Nov 2014 | FMAG vs NZAC |
Best Risk-Adjusted Alternatives to FMAG
FMAG has a PortfoliosLab risk / return rank of 22. There are 74 ETFs in the Global Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Affinity World Leaders Equity ETF | 94 | 85.68M | Jan 2018 | FMAG vs WLDR | |
| Tema Electrification ETF | 93 | 693.48M | Dec 2024 | FMAG vs VOLT | |
| Cambria Foreign Shareholder Yield ETF | 92 | 682.28M | Dec 2013 | FMAG vs FYLD | |
| Global X Autonomous & Electric Vehicles ETF | 89 | 457.69M | Apr 2018 | FMAG vs DRIV | |
| Avantis All Equity Markets Value ETF | 88 | 329.22M | Jun 2023 | FMAG vs AVGV |
Top Performing FMAG Alternatives (YTD)
FMAG is at 7.11% YTD. There are 68 ETFs in the Global Equities category with higher YTD returns, going as high as 45.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tema Electrification ETF | 45.38% | 693.48M | Dec 2024 | FMAG vs VOLT | |
| AB Disruptors ETF | 42.55% | 2.99B | Mar 2023 | FMAG vs FWD | |
| Axs Green Alpha ETF | 41.11% | 57.43M | Sep 2022 | FMAG vs NXTE | |
| Global X Autonomous & Electric Vehicles ETF | 36.09% | 457.69M | Apr 2018 | FMAG vs DRIV | |
| Affinity World Leaders Equity ETF | 32.77% | 85.68M | Jan 2018 | FMAG vs WLDR |
Lowest Volatility Alternatives to FMAG
FMAG has 15.32% 1-year volatility. There are 64 ETFs in the Global Equities category with lower 1-year volatility, going as low as 3.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Procure Disaster Recovery Strategy ETF | 3.77% | 236.11M | May 2022 | FMAG vs FIXT | |
| SPDR SSgA Income Allocation ETF | 6.12% | 72.06M | Apr 2012 | FMAG vs INKM | |
| AdvisorShares STAR Global Buy-Write ETF | 9.55% | 88.80M | Sep 2012 | FMAG vs VEGA | |
| iShares Disciplined Volatility Equity Active ETF | 9.67% | 1.74B | Sep 2025 | FMAG vs BDVL | |
| Invesco International Dividend Achievers™ ETF | 9.84% | 903.33M | Sep 2005 | FMAG vs PID |
Lowest Drawdown Alternatives to FMAG
FMAG has a 1-year max drawdown of -13.97%. There are 72 ETFs in the Global Equities category with shallower 1-year drawdowns, going as shallow as -3.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Procure Disaster Recovery Strategy ETF | -3.02% | 236.11M | May 2022 | FMAG vs FIXT | |
| SPDR SSgA Income Allocation ETF | -4.55% | 72.06M | Apr 2012 | FMAG vs INKM | |
| WBI BullBear Yield 3000 ETF | -5.06% | 31.79M | Aug 2014 | FMAG vs WBIG | |
| Cambria Foreign Shareholder Yield ETF | -5.44% | 682.28M | Dec 2013 | FMAG vs FYLD | |
| Pacer Cash Cows Fund of Funds ETF | -5.68% | 98.29M | May 2019 | FMAG vs HERD |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 70 | 28.31% | 21.38B | Oct 2013 | FMAG vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 65 | 8.30% | 9.77B | Sep 2016 | FMAG vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 3 | -26.51% | 13.40B | Jan 2024 | FMAG vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 36 | 0.61% | 26.06B | Oct 2014 | FMAG vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 62 | 13.30% | 10.92B | Sep 2003 | FMAG vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 53 | 13.26% | 6.91B | Jun 2020 | FMAG vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 70 | 10.25% | 7.64B | Apr 2007 | FMAG vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.00% | 2.35B | Oct 2013 | FMAG vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -41.68% | 994.18M | Jul 2024 | FMAG vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 37 | 4.06% | 5.76B | Nov 2023 | FMAG vs FELG |
Often Compared With FMAG
Investors most often compare FMAG with JEPQ, VOO, FXAIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FMAG with Any Fund or Stock
Compare FMAG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMAG with funds that move differently
Fidelity Magellan ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMAG.
Explore FMAG Diversifiers