---
ticker: "FMAG"
name: "Fidelity Magellan ETF"
url: "https://etf.net/etf/FMAG"
grade: "B"
score: 55
graded_at: "2026-10-12"
category: "US Active Growth"
category_rank: "33 of 90"
methodology: "https://etf.net/methodology"
---

# FMAG: Fidelity Magellan ETF

Grade **B**, Score 55 of 100. Rank 33 of 90 in US Active Growth.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 41 of 90 |
| Mission | 50 | 23 of 27 |
| Risk | 56 | 29 of 82 |
| Tradability | 46 | 53 of 90 |
| Holdings | 75 | 17 of 89 |
| Durability | 74 | 22 of 90 |

## Top holdings

The fund holds 50 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 10.31% |
| 2 | AMZN | Amazon.com Inc | 6.49% |
| 3 | MSFT | Microsoft Corp | 5.65% |
| 4 | AVGO | Broadcom Inc | 4.57% |
| 5 | GOOGL | Alphabet Inc Class A | 3.90% |
| 6 | GOOG | Alphabet Inc Class C | 3.30% |
| 7 | AMD | Advanced Micro Devices Inc | 3.16% |
| 8 | LLY | Eli Lilly & Co | 2.40% |
| 9 | V | Visa Inc Class A | 2.37% |
| 10 | MA | Mastercard Inc Class A | 2.17% |
| 11 | KLAC | KLA Corp | 2.10% |
| 12 | TSM | Taiwan Semiconductor Manufacturing Co Ltd ADR | 2.02% |
| 13 | LRCX | Lam Research Corp | 2.00% |
| 14 | STX | Seagate Technology Holdings PLC | 1.82% |
| 15 | GE | GE Aerospace | 1.77% |
| 16 | WDC | Western Digital Corp | 1.75% |
| 17 | APH | Amphenol Corp Class A | 1.65% |
| 18 | CDNS | Cadence Design Systems Inc | 1.65% |
| 19 | COST | Costco Wholesale Corp | 1.60% |
| 20 | CAT | Caterpillar Inc | 1.55% |
| 21 | MSI | Motorola Solutions Inc | 1.53% |
| 22 | HLT | Hilton Worldwide Holdings Inc | 1.50% |
| 23 | RTX | RTX Corp | 1.46% |
| 24 | TDG | TransDigm Group Inc | 1.46% |
| 25 | MCK | McKesson Corp | 1.44% |
| 26 | PM | Philip Morris International Inc | 1.41% |
| 27 | ANET | Arista Networks Inc | 1.40% |
| 28 | MS | Morgan Stanley | 1.39% |
| 29 | LIN.DE | Linde PLC | 1.38% |
| 30 | MCO | Moody’s Corp | 1.35% |

Source: etf.net, https://etf.net/etf/FMAG. Please cite the page URL.