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 48 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 | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | FMKFX vs FSPGX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.94B | Dec 2017 | FMKFX vs SWLGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | FMKFX vs VIGIX | |
| Vanguard Growth Index Fund Admiral Shares | 0.05% | 393.80B | Nov 2000 | FMKFX vs VIGAX |
Best Risk-Adjusted Alternatives to FMKFX
FMKFX has a PortfoliosLab risk / return rank of 9. There are 342 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PrimeCap Odyssey Growth Fund | 93 | — | Nov 2004 | FMKFX vs POGRX | |
| Vanguard PRIMECAP Fund Investor Shares | 93 | 92.00B | Nov 1984 | FMKFX vs VPMCX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 90 | 31.20B | Nov 2001 | FMKFX vs VHCAX | |
| Fidelity Series Growth Company Fund | 88 | — | Nov 2013 | FMKFX vs FCGSX | |
| Chase Growth Fund Institutional Class | 88 | — | Jan 2007 | FMKFX vs CHAIX |
Top Performing FMKFX Alternatives (YTD)
FMKFX is at 6.86% YTD. There are 193 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 | FMKFX vs ONERX | |
| Rydex S&P 500 Pure Growth Fund | 31.58% | — | Feb 2004 | FMKFX vs RYGRX | |
| PrimeCap Odyssey Growth Fund | 30.21% | — | Nov 2004 | FMKFX vs POGRX | |
| ICON Equity Fund | 29.13% | — | Oct 2002 | FMKFX vs IOLZX | |
| Fidelity SAI U.S. Momentum Index Fund | 28.53% | — | Feb 2017 | FMKFX vs FUMIX |
Lowest Volatility Alternatives to FMKFX
FMKFX has 15.71% 1-year volatility. There are 142 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 7.03% | — | Sep 2019 | FMKFX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.56% | — | Jan 2005 | FMKFX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 9.87% | — | Dec 2015 | FMKFX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.11% | — | Apr 2010 | FMKFX vs AWYIX | |
| AMG Veritas Global Real Return Fund | 10.53% | — | Jan 1991 | FMKFX vs BLUEX |
Lowest Drawdown Alternatives to FMKFX
FMKFX has a 1-year max drawdown of -13.86%. There are 167 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 | FMKFX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | FMKFX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | FMKFX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | FMKFX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | FMKFX 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 | 59 | 9.96% | — | Feb 1988 | FMKFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 93 | 71.48% | — | Jul 1985 | FMKFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 61 | 10.79% | — | — | FMKFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 60 | 10.82% | — | — | FMKFX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 63 | 16.13% | — | Dec 1987 | FMKFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 38 | 10.07% | 176.32B | May 1967 | FMKFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 55 | 9.80% | — | — | FMKFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 31 | 8.82% | — | Nov 1997 | FMKFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 49 | 12.47% | — | Jun 2016 | FMKFX vs FTIHX | |
| Fidelity ZERO International Index Fund | Foreign Large Cap Equities | 53 | 13.24% | — | Aug 2018 | FMKFX vs FZILX |
Often Compared With FMKFX
Investors most often compare FMKFX with QQQ, SPY, ADX. These 19 comparison targets span 6 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