FMAGX vs. VOO
Compare and contrast key facts about Fidelity Magellan Fund (FMAGX) and Vanguard S&P 500 ETF (VOO).
FMAGX is managed by Fidelity. It was launched on May 2, 1963. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMAGX or VOO.
Correlation
The correlation between FMAGX and VOO is 0.93, 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. VOO - Performance Comparison
Key characteristics
FMAGX:
1.45
VOO:
2.25
FMAGX:
1.97
VOO:
2.98
FMAGX:
1.27
VOO:
1.42
FMAGX:
0.97
VOO:
3.31
FMAGX:
8.54
VOO:
14.77
FMAGX:
2.79%
VOO:
1.90%
FMAGX:
16.50%
VOO:
12.46%
FMAGX:
-61.25%
VOO:
-33.99%
FMAGX:
-6.55%
VOO:
-2.47%
Returns By Period
In the year-to-date period, FMAGX achieves a 21.75% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, FMAGX has underperformed VOO with an annualized return of 6.09%, while VOO has yielded a comparatively higher 13.08% annualized return.
FMAGX
21.75%
-3.35%
1.70%
22.45%
8.23%
6.09%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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FMAGX vs. VOO - Expense Ratio Comparison
FMAGX has a 0.68% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FMAGX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Magellan Fund (FMAGX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FMAGX's dividend yield for the trailing twelve months is around 0.05%, less than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMAGX Fidelity Magellan Fund | 0.05% | 0.42% | 0.27% | 0.00% | 0.00% | 0.48% | 0.69% | 0.79% | 0.60% | 8.40% | 13.88% | 7.79% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FMAGX vs. VOO - Drawdown Comparison
The maximum FMAGX drawdown since its inception was -61.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FMAGX and VOO. For additional features, visit the drawdowns tool.
Volatility
FMAGX vs. VOO - Volatility Comparison
Fidelity Magellan Fund (FMAGX) has a higher volatility of 5.21% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that FMAGX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.