WINN vs. FMAG
Compare and contrast key facts about Harbor Long-Term Growers ETF (WINN) and Fidelity Magellan ETF (FMAG).
WINN and FMAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WINN is an actively managed fund by Harbor. It was launched on Feb 2, 2022. FMAG is an actively managed fund by Fidelity. It was launched on Feb 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WINN or FMAG.
Key characteristics
| WINN | FMAG | |
|---|---|---|
| YTD Return | 20.90% | 24.44% |
| 1Y Return | 34.95% | 36.77% |
| Sharpe Ratio | 1.84 | 2.26 |
| Daily Std Dev | 18.84% | 16.14% |
| Max Drawdown | -32.08% | -32.93% |
| Current Drawdown | -5.27% | -1.93% |
Correlation
The correlation between WINN and FMAG 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
WINN vs. FMAG - Performance Comparison
In the year-to-date period, WINN achieves a 20.90% return, which is significantly lower than FMAG's 24.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WINN vs. FMAG - Expense Ratio Comparison
WINN has a 0.57% expense ratio, which is lower than FMAG's 0.59% expense ratio.
Risk-Adjusted Performance
WINN vs. FMAG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Long-Term Growers ETF (WINN) 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.
Dividends
WINN vs. FMAG - Dividend Comparison
WINN's dividend yield for the trailing twelve months is around 0.05%, less than FMAG's 0.16% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
WINN Harbor Long-Term Growers ETF | 0.05% | 0.06% | 0.06% | 0.00% |
FMAG Fidelity Magellan ETF | 0.16% | 0.34% | 0.23% | 0.03% |
Drawdowns
WINN vs. FMAG - Drawdown Comparison
The maximum WINN drawdown since its inception was -32.08%, roughly equal to the maximum FMAG drawdown of -32.93%. Use the drawdown chart below to compare losses from any high point for WINN and FMAG. For additional features, visit the drawdowns tool.
Volatility
WINN vs. FMAG - Volatility Comparison
Harbor Long-Term Growers ETF (WINN) has a higher volatility of 5.93% compared to Fidelity Magellan ETF (FMAG) at 4.97%. This indicates that WINN'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.