FFIDX vs. FMAGX
Compare and contrast key facts about Fidelity Fund (FFIDX) and Fidelity Magellan Fund (FMAGX).
FFIDX is managed by Fidelity. It was launched on Apr 30, 1930. FMAGX is managed by Fidelity. It was launched on May 2, 1963.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFIDX or FMAGX.
Correlation
The correlation between FFIDX and FMAGX is 0.94, 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. FMAGX - Performance Comparison
Key characteristics
FFIDX:
1.93
FMAGX:
1.43
FFIDX:
2.54
FMAGX:
1.96
FFIDX:
1.35
FMAGX:
1.26
FFIDX:
2.68
FMAGX:
1.12
FFIDX:
10.29
FMAGX:
7.52
FFIDX:
2.92%
FMAGX:
3.18%
FFIDX:
15.59%
FMAGX:
16.69%
FFIDX:
-54.54%
FMAGX:
-61.25%
FFIDX:
-1.65%
FMAGX:
-4.33%
Returns By Period
In the year-to-date period, FFIDX achieves a 2.99% return, which is significantly lower than FMAGX's 3.24% return. Over the past 10 years, FFIDX has outperformed FMAGX with an annualized return of 9.97%, while FMAGX has yielded a comparatively lower 6.61% annualized return.
FFIDX
2.99%
2.92%
8.18%
26.65%
13.45%
9.97%
FMAGX
3.24%
3.03%
6.13%
20.72%
7.64%
6.61%
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FFIDX vs. FMAGX - Expense Ratio Comparison
FFIDX has a 0.45% expense ratio, which is lower than FMAGX's 0.68% expense ratio.
Risk-Adjusted Performance
FFIDX vs. FMAGX — Risk-Adjusted Performance Rank
FFIDX
FMAGX
FFIDX vs. FMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Fund (FFIDX) and Fidelity Magellan Fund (FMAGX). 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. FMAGX - Dividend Comparison
FFIDX has not paid dividends to shareholders, while FMAGX's dividend yield for the trailing twelve months is around 0.22%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Fund | 0.00% | 0.00% | 0.66% | 0.67% | 0.26% | 0.75% | 0.83% | 1.08% | 1.00% | 1.06% | 5.15% | 12.31% |
Fidelity Magellan Fund | 0.22% | 0.23% | 0.42% | 0.27% | 0.00% | 0.00% | 0.48% | 0.69% | 0.79% | 0.60% | 8.40% | 13.88% |
Drawdowns
FFIDX vs. FMAGX - Drawdown Comparison
The maximum FFIDX drawdown since its inception was -54.54%, smaller than the maximum FMAGX drawdown of -61.25%. Use the drawdown chart below to compare losses from any high point for FFIDX and FMAGX. For additional features, visit the drawdowns tool.
Volatility
FFIDX vs. FMAGX - Volatility Comparison
Fidelity Fund (FFIDX) and Fidelity Magellan Fund (FMAGX) have volatilities of 5.36% and 5.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.