FFIDX vs. FMAG
Compare and contrast key facts about Fidelity Fund (FFIDX) and Fidelity Magellan ETF (FMAG).
FFIDX is managed by Fidelity. It was launched on Apr 30, 1930. FMAG is an actively managed fund by Fidelity. It was launched on Feb 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFIDX or FMAG.
Key characteristics
| FFIDX | FMAG | |
|---|---|---|
| YTD Return | 30.29% | 33.50% |
| 1Y Return | 41.22% | 45.63% |
| 3Y Return (Ann) | 9.14% | 8.73% |
| Sharpe Ratio | 2.69 | 2.87 |
| Sortino Ratio | 3.50 | 3.79 |
| Omega Ratio | 1.50 | 1.53 |
| Calmar Ratio | 3.60 | 3.39 |
| Martin Ratio | 14.65 | 18.38 |
| Ulcer Index | 2.75% | 2.46% |
| Daily Std Dev | 14.98% | 15.74% |
| Max Drawdown | -55.18% | -32.93% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FFIDX and FMAG is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FFIDX vs. FMAG - Performance Comparison
In the year-to-date period, FFIDX achieves a 30.29% return, which is significantly lower than FMAG's 33.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFIDX vs. FMAG - Expense Ratio Comparison
FFIDX has a 0.45% expense ratio, which is lower than FMAG's 0.59% expense ratio.
Risk-Adjusted Performance
FFIDX vs. FMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fund (FFIDX) and Fidelity Magellan ETF (FMAG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FFIDX vs. FMAG - Dividend Comparison
FFIDX's dividend yield for the trailing twelve months is around 0.27%, more than FMAG's 0.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFIDX Fidelity Fund | 0.27% | 0.66% | 0.67% | 0.26% | 0.75% | 0.83% | 1.08% | 1.00% | 1.06% | 5.15% | 12.31% | 8.52% |
FMAG Fidelity Magellan ETF | 0.19% | 0.34% | 0.23% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFIDX vs. FMAG - Drawdown Comparison
The maximum FFIDX drawdown since its inception was -55.18%, which is greater than FMAG's maximum drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for FFIDX and FMAG. For additional features, visit the drawdowns tool.
Volatility
FFIDX vs. FMAG - Volatility Comparison
The current volatility for Fidelity Fund (FFIDX) is 4.37%, while Fidelity Magellan ETF (FMAG) has a volatility of 4.74%. This indicates that FFIDX experiences smaller price fluctuations and is considered to be less risky than FMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.