FMAG — Fidelity Magellan ETF
Data updated: 2026-06-26
FMAG — Fidelity Magellan ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Growth Equity · $253.28M AUM · 0.57% expense ratio · 19.3% 1-yr return. From SEC regulatory filings.
FMAG Fund Overview
FMAG — Fidelity Magellan ETF is a US ETF managed by Fidelity Covington Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Fidelity Covington Trust
- Category: United States Large Cap Growth Equity
- Assets under management: $253.28M
- 1-year return: 19.3%
- Ticker: FMAG
- SEC CIK: 0000945908
- SEC series ID: S000070234
- Share class ID: C000223345
FMAG Holdings
Top 10 holdings of Fidelity Magellan ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 10.81% |
| Microsoft Corp. | 6.94% |
| Amazon.com, Inc. | 6.50% |
| Broadcom, Inc. | 5.70% |
| Meta Platforms, Inc. | 3.77% |
| Advanced Micro Devices, Inc. | 2.54% |
| JPMORGAN CHASE and CO | 2.38% |
| Taiwan Semiconductor Mfg Co. Ltd. | 2.30% |
| Kla Corp. | 2.07% |
| Visa, Inc. | 1.95% |
FMAG Portfolio Allocation
Asset-class allocation of Fidelity Magellan ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
FMAG Performance
Total returns for FMAG (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.4% |
| 1 year | 19.3% |
| 3 years (annualised) | 21.2% |
| 5 years (annualised) | 11.0% |
FMAG Risk Information
Risk metrics for FMAG, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.9%
FMAG Costs and Fees
FMAG costs about $57 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.57%
- Gross expense ratio: 0.57%
- Portfolio turnover: 70%
- Brokerage commissions: 0.91 bps of average net assets (SEC N-CEN)
FMAG Cashflows
Over the 12 months to 2026-04, Fidelity Magellan ETF had net inflows of $6.41M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$2.69M |
| 2026-03 | −$4.82M |
| 2026-02 | −$5.90M |
| 2026-01 | −$6.90M |
| 2025-12 | −$4.29M |
| 2025-11 | −$4.29M |
FMAG Debt Constituents
No individual debt constituents are reported in Fidelity Magellan ETF's latest SEC N-PORT filing.
FMAG Prospectus and SEC Filings
Official Fidelity Magellan ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.