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FTGS vs. FMAG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTGS and FMAG is 0.91, 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

FTGS vs. FMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Growth Strength ETF (FTGS) and Fidelity Magellan ETF (FMAG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FTGS:

0.46

FMAG:

0.72

Sortino Ratio

FTGS:

0.68

FMAG:

1.00

Omega Ratio

FTGS:

1.09

FMAG:

1.14

Calmar Ratio

FTGS:

0.40

FMAG:

0.71

Martin Ratio

FTGS:

1.35

FMAG:

2.45

Ulcer Index

FTGS:

5.85%

FMAG:

5.81%

Daily Std Dev

FTGS:

21.25%

FMAG:

22.89%

Max Drawdown

FTGS:

-19.99%

FMAG:

-32.93%

Current Drawdown

FTGS:

-2.28%

FMAG:

-1.21%

Returns By Period

In the year-to-date period, FTGS achieves a 3.88% return, which is significantly lower than FMAG's 5.37% return.


FTGS

YTD

3.88%

1M

6.78%

6M

-1.71%

1Y

9.03%

3Y*

N/A

5Y*

N/A

10Y*

N/A

FMAG

YTD

5.37%

1M

7.56%

6M

2.30%

1Y

16.08%

3Y*

18.05%

5Y*

N/A

10Y*

N/A

*Annualized

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First Trust Growth Strength ETF

Fidelity Magellan ETF

FTGS vs. FMAG - Expense Ratio Comparison

FTGS has a 0.60% expense ratio, which is higher than FMAG's 0.59% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FTGS vs. FMAG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTGS
The Risk-Adjusted Performance Rank of FTGS is 3939
Overall Rank
The Sharpe Ratio Rank of FTGS is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of FTGS is 3737
Sortino Ratio Rank
The Omega Ratio Rank of FTGS is 3636
Omega Ratio Rank
The Calmar Ratio Rank of FTGS is 4343
Calmar Ratio Rank
The Martin Ratio Rank of FTGS is 4040
Martin Ratio Rank

FMAG
The Risk-Adjusted Performance Rank of FMAG is 6161
Overall Rank
The Sharpe Ratio Rank of FMAG is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FMAG is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FMAG is 5858
Omega Ratio Rank
The Calmar Ratio Rank of FMAG is 6767
Calmar Ratio Rank
The Martin Ratio Rank of FMAG is 6161
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FTGS vs. FMAG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Growth Strength ETF (FTGS) 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.


The current FTGS Sharpe Ratio is 0.46, which is lower than the FMAG Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of FTGS and FMAG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FTGS vs. FMAG - Dividend Comparison

FTGS's dividend yield for the trailing twelve months is around 0.39%, more than FMAG's 0.12% yield.


TTM2024202320222021
FTGS
First Trust Growth Strength ETF
0.39%0.39%0.62%0.21%0.00%
FMAG
Fidelity Magellan ETF
0.12%0.15%0.34%0.23%0.03%

Drawdowns

FTGS vs. FMAG - Drawdown Comparison

The maximum FTGS drawdown since its inception was -19.99%, smaller than the maximum FMAG drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for FTGS and FMAG.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FTGS vs. FMAG - Volatility Comparison

First Trust Growth Strength ETF (FTGS) has a higher volatility of 5.94% compared to Fidelity Magellan ETF (FMAG) at 4.57%. This indicates that FTGS'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.


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