Summary
Fidelity Magellan ETF is an ETF - a fund traded on an exchange like a stock - run by Fidelity. Positions inside: 50. The ten largest make up 44% of the fund.
- Yearly costs
- 0.57%
- Fund size
- $242.9M
- Positions
- 50
- Dividend yield
- 0.00%
- Running since
- 2021
What speaks for it
- Average yearly growth over the last five years: 8.0%.
What to watch
- 41% of the fund is in one sector (Technology).
- 94% of the fund is in one country (United States).
- Costs of 0.57% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 33% from its high.
- It trades little: only about $664.3K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -0.9%
- 3 months
- -0.8%
- This year
- +3.2%
- 1 year
- +1.3%
- 3 years
- +67%
- 5 years
- +47%
- Avg. market cap
- $1.53T
- P/E
- 28.8x
- Forward P/E
- 25.0x
- P/S
- 3.7x
- P/B
- 8.2x
- P/FCF
- 39.0x
- EV/EBITDA
- 20.9x
- Dividend yield
- 0.67%
- ROIC
- 23.0%
- ROE
- 59.1%
- Gross margin
- 51.5%
- Operating margin
- 32.5%
- Net margin
- 30.7%
- Payout ratio
- 19.4%
- Net debt/EBITDA
- 1.0x
- Beta
- 1.11
Weighted average of the 49 largest companies, which make up 98% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NVNvidia NVDA 10%
- 2 AMAmazon AMZN 6.5%
- 3 MSMicrosoft MSFT 5.6%
- 4 AVBroadcom AVGO 4.5%
- 5 GOAlphabet GOOGL 3.9%
- 6 GOAlphabet GOOG 3.3%
- 7 AMAMD AMD 3.1%
- 8 LLEli Lilly LLY 2.4%
- 9 VVisa V 2.4%
- 10 MAMastercard MA 2.2%
Positions in the fund: 50. The ten largest make up 44% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 41%
- Industrials 17%
- Financials 11%
- Consumer cyclical 10%
- Communication services 7.2%
- Other 14%
By country
- United States 94%
- Ireland 2.6%
- Taiwan 2.0%
- United Kingdom 1.4%
By company size
- Mega cap 63%
- Large cap 37%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (41%). Largest country: United States (94%). Largest size group: Mega cap (63%).
What does it cost me?
Expensive- A year from $10,000
- $57.00
- Over 20 years
- $2,737
From every $10,000 invested the fund takes $57.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,737.
How has it done?
Growing over the long run- A year on average, 5 years
- +8.0%
- Deepest drop
- -33%
- Yearly volatility
- 17%
Average yearly growth over the last five years: 8.0%. Deepest drop in these years: 33% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.00%
- Payments a year
- 1
- Last payment
- $0.00
Over the last 12 months it paid $0.00 per share, which is 0.00% of today's price. The last payment was $0.00 on Sep 18, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $664.3K
- Shares a day
- 19K
On an average day about $664.3K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 28.8
- Average Bulios Score
- 72 out of 100
Weight by Bulios Fair Price
- Undervalued 7.0%
- Fairly valued 3.6%
- Overvalued 89%
On average the companies inside trade for 28.8 times their yearly profit. By Fair Price, 89% of the rated weight comes out as overvalued.
Counted from its largest companies (49), which make up 98% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FM FMAGX Fidelity Magellan· mutual fund | - | - | $24.7B | -5.0% | Pays out | 99% |
FD FDEQX Fidelity Disciplined Equity Fund· mutual fund | - | - | $2.28B | +2.0% | Pays out | 55% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 55% |
ML MLAAX NYLI Winslow Large Cap Growth Fund;A· mutual fund | - | - | $11.6B | -18% | Pays out | 49% |
MG MGK Vanguard Morningstar Mega Cap Growth ETF | United States | 0.05% | $35.0B | +10% | Pays out | 49% |
BA BAMG Brookstone Growth Stock ETF | United States | 0.95% | $133.3M | +14% | Pays out | 48% |