Morningstar

Fidelity Magellan ETF FMAG

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FMAG

Will FMAG outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMAG’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMAG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMAG’s parent organization’s priorities and whether they’re in line with investors’ interests.

Investing with conviction.

Gregg Wolper

Gregg Wolper

Summary

Navigating a large-growth universe led by dominant companies with outsize index weightings, Fidelity Magellan faces a difficult task—though its manager’s acumen and extensive support gives it a chance to stand out.

by Gregg Wolper
Rated on Published on

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Portfolio Holdings FMAG

More FMAG Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

10.24 25M
Technology

Amazon.com Inc

6.45 16M
Consumer Cyclical

Microsoft Corp

5.61 14M
Technology

Broadcom Inc

4.55 11M
Technology

Alphabet Inc Class A

3.87 9M
Communication Services

Alphabet Inc Class C

3.28 8M
Communication Services

Advanced Micro Devices Inc

3.14 8M
Technology

Eli Lilly and Co

2.39 6M
Healthcare

Visa Inc Class A

2.36 6M
Financial Services

Mastercard Inc Class A

2.16 5M
Financial Services

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