Fidelity Magellan Fund Class K (FMGKX) 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 FMGKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMGKX
FMGKX charges 0.62% annually. There are 92 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 | FMGKX vs ACIHX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | FMGKX vs FSPGX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.90B | Dec 2017 | FMGKX vs SWLGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | FMGKX vs VIGIX | |
| Vanguard Growth Index Fund Admiral Shares | 0.05% | 393.80B | Nov 2000 | FMGKX vs VIGAX |
Best Risk-Adjusted Alternatives to FMGKX
FMGKX has a PortfoliosLab risk / return rank of 8. There are 344 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard PRIMECAP Fund Investor Shares | 92 | 92.00B | Nov 1984 | FMGKX vs VPMCX | |
| PrimeCap Odyssey Growth Fund | 92 | — | Nov 2004 | FMGKX vs POGRX | |
| Chase Growth Fund Institutional Class | 88 | — | Jan 2007 | FMGKX vs CHAIX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 88 | 31.20B | Nov 2001 | FMGKX vs VHCAX | |
| Chase Growth Fund | 86 | — | Dec 1997 | FMGKX vs CHASX |
Top Performing FMGKX Alternatives (YTD)
FMGKX is at 4.69% YTD. There are 188 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 58.60%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 58.60% | — | Mar 2020 | FMGKX vs ONERX | |
| Rydex S&P 500 Pure Growth Fund | 29.11% | — | Feb 2004 | FMGKX vs RYGRX | |
| ICON Equity Fund | 28.62% | — | Oct 2002 | FMGKX vs IOLZX | |
| Fidelity SAI U.S. Momentum Index Fund | 28.11% | — | Feb 2017 | FMGKX vs FUMIX | |
| Fidelity Focused Stock Fund | 27.93% | — | Nov 1996 | FMGKX vs FTQGX |
Lowest Volatility Alternatives to FMGKX
FMGKX has 15.59% 1-year volatility. There are 131 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 7.40% | — | Sep 2019 | FMGKX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.64% | — | Jan 2005 | FMGKX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 9.83% | — | Dec 2015 | FMGKX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.16% | — | Apr 2010 | FMGKX vs AWYIX | |
| AMG Veritas Global Real Return Fund | 10.47% | — | Jan 1991 | FMGKX vs BLUEX |
Lowest Drawdown Alternatives to FMGKX
FMGKX has a 1-year max drawdown of -13.95%. There are 171 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 | FMGKX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | FMGKX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | FMGKX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | FMGKX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | FMGKX 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 | 52 | 8.21% | — | Feb 1988 | FMGKX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 94 | 75.83% | — | Jul 1985 | FMGKX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 52 | 8.88% | — | — | FMGKX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 52 | 8.93% | — | — | FMGKX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 54 | 13.83% | — | Dec 1987 | FMGKX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 7.14% | 176.32B | May 1967 | FMGKX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 49 | 8.03% | — | — | FMGKX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 31 | 8.45% | — | Nov 1997 | FMGKX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 49 | 12.47% | — | Jun 2016 | FMGKX vs FTIHX | |
| Fidelity ZERO International Index Fund | Foreign Large Cap Equities | 52 | 13.24% | — | Aug 2018 | FMGKX vs FZILX |
Often Compared With FMGKX
Investors most often compare FMGKX with FMGAX, FMAGX, FCNKX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FMGKX with Any Fund or Stock
Compare FMGKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMGKX with funds that move differently
Fidelity Magellan Fund Class K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMGKX.
Explore FMGKX Diversifiers