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

Correlation

The correlation between RJMG and FMAG is 0.89, 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

RJMG vs. FMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Raymond James Multicap Growth Equity ETF (RJMG) and Fidelity Magellan ETF (FMAG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RJMG:

0.25

FMAG:

0.65

Sortino Ratio

RJMG:

0.47

FMAG:

0.97

Omega Ratio

RJMG:

1.06

FMAG:

1.13

Calmar Ratio

RJMG:

0.20

FMAG:

0.68

Martin Ratio

RJMG:

0.64

FMAG:

2.35

Ulcer Index

RJMG:

7.84%

FMAG:

5.81%

Daily Std Dev

RJMG:

23.62%

FMAG:

22.91%

Max Drawdown

RJMG:

-25.36%

FMAG:

-32.93%

Current Drawdown

RJMG:

-10.05%

FMAG:

-1.61%

Returns By Period

In the year-to-date period, RJMG achieves a -3.32% return, which is significantly lower than FMAG's 4.95% return.


RJMG

YTD

-3.32%

1M

5.28%

6M

-7.50%

1Y

5.93%

3Y*

N/A

5Y*

N/A

10Y*

N/A

FMAG

YTD

4.95%

1M

9.14%

6M

2.63%

1Y

14.72%

3Y*

17.54%

5Y*

N/A

10Y*

N/A

*Annualized

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Fidelity Magellan ETF

RJMG vs. FMAG - Expense Ratio Comparison

RJMG has a 0.85% 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

RJMG vs. FMAG — Risk-Adjusted Performance Rank

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

RJMG
The Risk-Adjusted Performance Rank of RJMG is 2626
Overall Rank
The Sharpe Ratio Rank of RJMG is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of RJMG is 2626
Sortino Ratio Rank
The Omega Ratio Rank of RJMG is 2727
Omega Ratio Rank
The Calmar Ratio Rank of RJMG is 2727
Calmar Ratio Rank
The Martin Ratio Rank of RJMG is 2626
Martin Ratio Rank

FMAG
The Risk-Adjusted Performance Rank of FMAG is 5959
Overall Rank
The Sharpe Ratio Rank of FMAG is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of FMAG is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FMAG is 5555
Omega Ratio Rank
The Calmar Ratio Rank of FMAG is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FMAG is 5959
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.

RJMG vs. FMAG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Raymond James Multicap Growth Equity ETF (RJMG) 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 RJMG Sharpe Ratio is 0.25, which is lower than the FMAG Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of RJMG 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

RJMG vs. FMAG - Dividend Comparison

RJMG has not paid dividends to shareholders, while FMAG's dividend yield for the trailing twelve months is around 0.12%.


TTM2024202320222021
RJMG
FT Raymond James Multicap Growth Equity ETF
0.00%0.00%0.00%0.00%0.00%
FMAG
Fidelity Magellan ETF
0.12%0.15%0.34%0.23%0.03%

Drawdowns

RJMG vs. FMAG - Drawdown Comparison

The maximum RJMG drawdown since its inception was -25.36%, smaller than the maximum FMAG drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for RJMG and FMAG.


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

Volatility

RJMG vs. FMAG - Volatility Comparison

FT Raymond James Multicap Growth Equity ETF (RJMG) and Fidelity Magellan ETF (FMAG) have volatilities of 4.74% and 4.57%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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