FMAGX vs. FDSVX
Compare and contrast key facts about Fidelity Magellan Fund (FMAGX) and Fidelity Growth Discovery Fund (FDSVX).
FMAGX is managed by Fidelity. It was launched on May 2, 1963. FDSVX is managed by Fidelity. It was launched on Mar 31, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMAGX or FDSVX.
Correlation
The correlation between FMAGX and FDSVX is 0.92, 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
FMAGX vs. FDSVX - Performance Comparison
Key characteristics
FMAGX:
0.10
FDSVX:
0.32
FMAGX:
0.30
FDSVX:
0.61
FMAGX:
1.04
FDSVX:
1.08
FMAGX:
0.11
FDSVX:
0.32
FMAGX:
0.38
FDSVX:
1.17
FMAGX:
6.18%
FDSVX:
6.34%
FMAGX:
22.91%
FDSVX:
23.01%
FMAGX:
-61.25%
FDSVX:
-59.34%
FMAGX:
-11.64%
FDSVX:
-12.80%
Returns By Period
In the year-to-date period, FMAGX achieves a -4.65% return, which is significantly higher than FDSVX's -7.95% return. Over the past 10 years, FMAGX has underperformed FDSVX with an annualized return of 5.25%, while FDSVX has yielded a comparatively higher 14.92% annualized return.
FMAGX
-4.65%
1.36%
-7.00%
1.15%
8.04%
5.25%
FDSVX
-7.95%
-2.10%
-7.66%
6.28%
17.35%
14.92%
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FMAGX vs. FDSVX - Expense Ratio Comparison
FMAGX has a 0.68% expense ratio, which is lower than FDSVX's 0.77% expense ratio.
Risk-Adjusted Performance
FMAGX vs. FDSVX — Risk-Adjusted Performance Rank
FMAGX
FDSVX
FMAGX vs. FDSVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Magellan Fund (FMAGX) and Fidelity Growth Discovery Fund (FDSVX). 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. FDSVX - Dividend Comparison
FMAGX's dividend yield for the trailing twelve months is around 0.24%, less than FDSVX's 13.92% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FMAGX Fidelity Magellan Fund | 0.24% | 0.23% | 0.42% | 0.27% | 0.00% | 0.00% | 0.48% | 0.69% | 0.79% | 0.60% | 8.40% | 13.88% |
FDSVX Fidelity Growth Discovery Fund | 13.92% | 12.81% | 2.55% | 3.65% | 13.46% | 9.65% | 4.28% | 5.02% | 4.94% | 0.09% | 0.16% | 0.09% |
Drawdowns
FMAGX vs. FDSVX - Drawdown Comparison
The maximum FMAGX drawdown since its inception was -61.25%, roughly equal to the maximum FDSVX drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for FMAGX and FDSVX. For additional features, visit the drawdowns tool.
Volatility
FMAGX vs. FDSVX - Volatility Comparison
The current volatility for Fidelity Magellan Fund (FMAGX) is 14.92%, while Fidelity Growth Discovery Fund (FDSVX) has a volatility of 15.77%. This indicates that FMAGX experiences smaller price fluctuations and is considered to be less risky than FDSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.