Fidelity Magellan K6 Fund (FMKFX) 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 FMKFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMKFX
FMKFX charges 0.45% annually. There are 51 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 | FMKFX vs ACIHX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 5.10B | Dec 2017 | FMKFX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | FMKFX vs FSPGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 365.00B | May 1998 | FMKFX vs VIGIX | |
| TIAA-CREF Large-Cap Growth Index Fund | 0.05% | — | Oct 2002 | FMKFX vs TILIX |
Best Risk-Adjusted Alternatives to FMKFX
FMKFX has a PortfoliosLab risk / return rank of 12. There are 350 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Emerald Insights Fund | 99 | — | Aug 2014 | FMKFX vs EFCNX | |
| Vanguard PRIMECAP Fund Investor Shares | 94 | 82.00B | Nov 1984 | FMKFX vs VPMCX | |
| Fidelity OTC Portfolio Class K | 93 | — | May 2008 | FMKFX vs FOCKX | |
| Fidelity OTC Portfolio | 93 | — | Dec 1984 | FMKFX vs FOCPX | |
| PrimeCap Odyssey Growth Fund | 93 | — | Nov 2004 | FMKFX vs POGRX |
Top Performing FMKFX Alternatives (YTD)
FMKFX is at 8.78% YTD. There are 230 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 66.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 66.81% | — | Mar 2020 | FMKFX vs ONERX | |
| Columbia Global Technology Growth Fund Class A | 32.06% | — | Nov 2000 | FMKFX vs CTCAX | |
| Rydex S&P 500 Pure Growth Fund | 30.14% | — | Feb 2004 | FMKFX vs RYGRX | |
| ICON Equity Fund | 28.15% | — | Oct 2002 | FMKFX vs IOLZX | |
| Fidelity OTC K6 Portfolio | 28.00% | — | Jun 2019 | FMKFX vs FOKFX |
Lowest Volatility Alternatives to FMKFX
FMKFX has 14.33% 1-year volatility. There are 124 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 7.86% | — | Sep 2019 | FMKFX vs BBLIX | |
| Emerald Insights Fund | 9.27% | — | Aug 2014 | FMKFX vs EFCNX | |
| Meridian Enhanced Equity Fund | 9.35% | — | Jan 2005 | FMKFX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 9.77% | — | Dec 2015 | FMKFX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 9.88% | — | Apr 2010 | FMKFX vs AWYIX |
Lowest Drawdown Alternatives to FMKFX
FMKFX has a 1-year max drawdown of -13.86%. There are 172 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Emerald Insights Fund | -2.90% | — | Aug 2014 | FMKFX vs EFCNX | |
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | FMKFX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | FMKFX vs MEIFX | |
| GQG Partners US Select Quality Equity Fund Investo... | -6.77% | — | Sep 2018 | FMKFX vs GQEPX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | FMKFX vs AQEIX |
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 | 73 | 11.71% | — | Feb 1988 | FMKFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FMKFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FMKFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FMKFX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FMKFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FMKFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FMKFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FMKFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FMKFX vs FTIHX | |
| Fidelity ZERO International Index Fund | Foreign Large Cap Equities | 60 | 16.29% | — | Aug 2018 | FMKFX vs FZILX |
Often Compared With FMKFX
Investors most often compare FMKFX with QQQ, VIGAX, SPY. These 16 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FMKFX with Any Fund or Stock
Compare FMKFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMKFX with funds that move differently
Fidelity Magellan K6 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMKFX.
Explore FMKFX Diversifiers