FMAGX vs. DIA
Compare and contrast key facts about Fidelity Magellan Fund (FMAGX) and SPDR Dow Jones Industrial Average ETF (DIA).
FMAGX is managed by Fidelity. It was launched on May 2, 1963. DIA is a passively managed fund by State Street that tracks the performance of the Dow Jones Industrial Average. It was launched on Jan 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMAGX or DIA.
Performance
FMAGX vs. DIA - Performance Comparison
Returns By Period
In the year-to-date period, FMAGX achieves a 26.71% return, which is significantly higher than DIA's 18.12% return. Over the past 10 years, FMAGX has underperformed DIA with an annualized return of 6.65%, while DIA has yielded a comparatively higher 11.78% annualized return.
FMAGX
26.71%
1.23%
10.96%
29.85%
7.12%
6.65%
DIA
18.12%
2.31%
13.20%
26.55%
11.62%
11.78%
Key characteristics
| FMAGX | DIA | |
|---|---|---|
| Sharpe Ratio | 1.92 | 2.47 |
| Sortino Ratio | 2.59 | 3.50 |
| Omega Ratio | 1.36 | 1.46 |
| Calmar Ratio | 1.20 | 4.49 |
| Martin Ratio | 11.83 | 14.08 |
| Ulcer Index | 2.59% | 1.93% |
| Daily Std Dev | 15.96% | 11.02% |
| Max Drawdown | -61.25% | -51.87% |
| Current Drawdown | -2.02% | -0.85% |
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FMAGX vs. DIA - Expense Ratio Comparison
FMAGX has a 0.68% expense ratio, which is higher than DIA's 0.16% expense ratio.
Correlation
The correlation between FMAGX and DIA is 0.84, 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.
Risk-Adjusted Performance
FMAGX vs. DIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Magellan Fund (FMAGX) and SPDR Dow Jones Industrial Average ETF (DIA). 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
FMAGX vs. DIA - Dividend Comparison
FMAGX's dividend yield for the trailing twelve months is around 0.29%, less than DIA's 1.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMAGX Fidelity Magellan Fund | 0.29% | 0.42% | 0.27% | 0.00% | 0.00% | 0.48% | 0.69% | 0.79% | 0.60% | 8.40% | 13.88% | 7.79% |
DIA SPDR Dow Jones Industrial Average ETF | 1.47% | 1.81% | 1.91% | 1.58% | 1.87% | 2.09% | 2.24% | 1.97% | 2.26% | 2.33% | 2.02% | 2.08% |
Drawdowns
FMAGX vs. DIA - Drawdown Comparison
The maximum FMAGX drawdown since its inception was -61.25%, which is greater than DIA's maximum drawdown of -51.87%. Use the drawdown chart below to compare losses from any high point for FMAGX and DIA. For additional features, visit the drawdowns tool.
Volatility
FMAGX vs. DIA - Volatility Comparison
Fidelity Magellan Fund (FMAGX) has a higher volatility of 4.97% compared to SPDR Dow Jones Industrial Average ETF (DIA) at 4.46%. This indicates that FMAGX's price experiences larger fluctuations and is considered to be riskier than DIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.