FIDELITY MAGELLAN ETF (FMAG) — ()
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FMAG ETF: Strong Bounceback From Liberation Day; Upgrade To Hold
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Sentiment: Positive ()
FMAG has rebounded recently, outperforming after a period of underperformance, prompting me to upgrade my rating to hold. The fund's active management made timely bets in the past few months, …
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FMAG: Don't Bother With This High Fee, Limited Differentiation ETF
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Sentiment: Negative ()
Fidelity Magellan ETF, an actively managed ETF by Fidelity, aims to outperform the S&P 500 but has failed to deliver significant alpha over four years. The fund's 0.6% expense ratio …
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About FIDELITY MAGELLAN ETF FMAG
Opportunistically invests in high-quality cyclical growth stocks and steady growers that seek to benefit from long-term megatrends.