Fidelity Magellan Fund (FMAGX) belongs to the Large Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FMAGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMAGX
FMAGX charges 0.64% annually. There are 101 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Growth Fund G Class | 0.01% | — | Mar 2022 | FMAGX vs ACIHX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.94B | Dec 2017 | FMAGX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | FMAGX vs FSPGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | FMAGX vs VIGIX | |
| Vanguard Growth Index Fund Admiral Shares | 0.05% | 393.80B | Nov 2000 | FMAGX vs VIGAX |
Best Risk-Adjusted Alternatives to FMAGX
FMAGX has a PortfoliosLab risk / return rank of 8. There are 356 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard PRIMECAP Fund Investor Shares | 90 | 92.00B | Nov 1984 | FMAGX vs VPMCX | |
| One Rock Fund | 89 | — | Mar 2020 | FMAGX vs ONERX | |
| Chase Growth Fund | 88 | — | Dec 1997 | FMAGX vs CHASX | |
| Chase Growth Fund Institutional Class | 88 | — | Jan 2007 | FMAGX vs CHAIX | |
| Fidelity OTC Portfolio Class K | 87 | — | May 2008 | FMAGX vs FOCKX |
Top Performing FMAGX Alternatives (YTD)
FMAGX is at 7.01% YTD. There are 217 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 61.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 61.33% | — | Mar 2020 | FMAGX vs ONERX | |
| ICON Equity Fund | 28.11% | — | Oct 2002 | FMAGX vs IOLZX | |
| Chase Growth Fund | 26.96% | — | Dec 1997 | FMAGX vs CHASX | |
| Chase Growth Fund Institutional Class | 26.92% | — | Jan 2007 | FMAGX vs CHAIX | |
| Fidelity OTC Portfolio Class K | 26.17% | — | May 2008 | FMAGX vs FOCKX |
Lowest Volatility Alternatives to FMAGX
FMAGX has 15.89% 1-year volatility. There are 139 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.83% | — | Sep 2019 | FMAGX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.74% | — | Jan 2005 | FMAGX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 10.13% | — | Dec 2015 | FMAGX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.17% | — | Apr 2010 | FMAGX vs AWYIX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.63% | — | Sep 2018 | FMAGX vs GQEPX |
Lowest Drawdown Alternatives to FMAGX
FMAGX has a 1-year max drawdown of -14.00%. There are 173 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -3.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | FMAGX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | FMAGX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | FMAGX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | FMAGX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | FMAGX vs DNVYX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 69 | 11.32% | — | Feb 1988 | FMAGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 89 | 62.20% | — | Jul 1985 | FMAGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 69 | 11.80% | — | — | FMAGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 11.80% | — | — | FMAGX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 56 | 16.03% | — | Dec 1987 | FMAGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.69% | 176.32B | May 1967 | FMAGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 11.11% | — | — | FMAGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 45 | 10.82% | — | Nov 1997 | FMAGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 60 | 13.34% | — | Jun 2016 | FMAGX vs FTIHX | |
| Fidelity ZERO International Index Fund | Foreign Large Cap Equities | 66 | 14.26% | — | Aug 2018 | FMAGX vs FZILX |
Often Compared With FMAGX
Investors most often compare FMAGX with SPY, VOO, FFIDX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare FMAGX with Any Fund or Stock
Compare FMAGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMAGX with funds that move differently
Fidelity Magellan Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMAGX.
Explore FMAGX Diversifiers