FFOG vs. FMAG
Compare and contrast key facts about Franklin Focused Growth ETF (FFOG) and Fidelity Magellan ETF (FMAG).
FFOG and FMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FFOG is an actively managed fund by Franklin. It was launched on Apr 12, 2016. 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: FFOG or FMAG.
Key characteristics
| FFOG | FMAG | |
|---|---|---|
| YTD Return | 38.16% | 33.50% |
| 1Y Return | 54.91% | 45.63% |
| Sharpe Ratio | 2.52 | 2.87 |
| Sortino Ratio | 3.24 | 3.79 |
| Omega Ratio | 1.44 | 1.53 |
| Calmar Ratio | 3.49 | 3.39 |
| Martin Ratio | 13.15 | 18.38 |
| Ulcer Index | 4.02% | 2.46% |
| Daily Std Dev | 21.00% | 15.74% |
| Max Drawdown | -15.14% | -32.93% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FFOG and FMAG is 0.90, 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
FFOG vs. FMAG - Performance Comparison
In the year-to-date period, FFOG achieves a 38.16% return, which is significantly higher 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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FFOG vs. FMAG - Expense Ratio Comparison
FFOG has a 0.55% expense ratio, which is lower than FMAG's 0.59% expense ratio.
Risk-Adjusted Performance
FFOG vs. FMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Focused Growth ETF (FFOG) 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
FFOG vs. FMAG - Dividend Comparison
FFOG has not paid dividends to shareholders, while FMAG's dividend yield for the trailing twelve months is around 0.19%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
FFOG Franklin Focused Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% |
FMAG Fidelity Magellan ETF | 0.19% | 0.34% | 0.23% | 0.03% |
Drawdowns
FFOG vs. FMAG - Drawdown Comparison
The maximum FFOG drawdown since its inception was -15.14%, smaller than the maximum FMAG drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for FFOG and FMAG. For additional features, visit the drawdowns tool.
Volatility
FFOG vs. FMAG - Volatility Comparison
Franklin Focused Growth ETF (FFOG) has a higher volatility of 6.03% compared to Fidelity Magellan ETF (FMAG) at 4.74%. This indicates that FFOG's price experiences larger fluctuations and is considered to be riskier than FMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.