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 103 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth Index Fund Institutional Shares | 0.03% | 378.80B | May 1998 | FMAGX vs VIGIX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.75B | Dec 2017 | FMAGX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | FMAGX vs FSPGX | |
| Vanguard Russell 1000 Growth Index Fund Institutio... | 0.05% | — | Dec 2010 | FMAGX vs VRGWX | |
| Nuveen Large Cap Growth Index Fund R6 Class | 0.05% | — | Oct 2002 | FMAGX vs TILIX |
Best Risk-Adjusted Alternatives to FMAGX
FMAGX has a PortfoliosLab risk / return rank of 8. There are 358 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Davis New York Venture Fund Class Y | 94 | — | Feb 1969 | FMAGX vs DNVYX | |
| Vanguard PRIMECAP Fund Investor Shares | 92 | 96.10B | Nov 1984 | FMAGX vs VPMCX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 88 | 32.70B | Nov 2001 | FMAGX vs VHCAX | |
| Fidelity Advisor Stock Selector All Cap Fund Class... | 86 | — | May 2008 | FMAGX vs FSSKX | |
| Fidelity Stock Selector All Cap Fund | 86 | — | Sep 1990 | FMAGX vs FDSSX |
Top Performing FMAGX Alternatives (YTD)
FMAGX is at 8.79% YTD. There are 219 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 44.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 44.62% | — | Mar 2020 | FMAGX vs ONERX | |
| ICON Equity Fund | 33.28% | — | Oct 2002 | FMAGX vs IOLZX | |
| Chase Growth Fund | 27.15% | — | Dec 1997 | FMAGX vs CHASX | |
| Glenmede Quantitative U.S. Large Cap Growth Equity... | 27.13% | — | Feb 2004 | FMAGX vs GTLLX | |
| Chase Growth Fund Institutional Class | 27.09% | — | Jan 2007 | FMAGX vs CHAIX |
Lowest Volatility Alternatives to FMAGX
FMAGX has 16.70% 1-year volatility. There are 152 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.56% | — | Sep 2019 | FMAGX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.96% | — | Jan 2005 | FMAGX vs MEIFX | |
| CIBC Atlas Equity Income Fund | 10.22% | — | Apr 2010 | FMAGX vs AWYIX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.69% | — | Sep 2018 | FMAGX vs GQEPX | |
| AMG Veritas Global Real Return Fund | 10.90% | — | Jan 1991 | FMAGX vs BLUEX |
Lowest Drawdown Alternatives to FMAGX
FMAGX has a 1-year max drawdown of -14.00%. There are 170 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 | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | FMAGX vs DNVYX | |
| CIBC Atlas Equity Income Fund | -8.35% | — | Apr 2010 | FMAGX vs AWYIX |
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 | 70 | 13.76% | — | Feb 1988 | FMAGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 59.70% | — | Jul 1985 | FMAGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 70 | 14.34% | — | — | FMAGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 14.27% | — | — | FMAGX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 45 | 16.93% | — | Dec 1987 | FMAGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 11.14% | 176.32B | May 1967 | FMAGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 13.48% | — | — | FMAGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 54 | 13.72% | — | Nov 1997 | FMAGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 64 | 15.36% | — | Jun 2016 | FMAGX vs FTIHX | |
| Fidelity ZERO International Index Fund | Foreign Large Cap Equities | 70 | 16.43% | — | Aug 2018 | FMAGX vs FZILX |
Often Compared With FMAGX
Investors most often compare FMAGX with SPY, VOO, FFIDX. These 20 comparison targets span 12 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