Fidelity Magellan ETF (FMAG)Large Growth | Exchange Traded Fund | Cboe US
35.80 USD
-0.71
(-1.936%) ⇩
(Oct. 14, 2026, 3:59 p.m.
EDT)
After hours: 35.80 |
Hot Take ↕ | Oct. 10, 2026, 10:20 a.m. EDT
The short-term outlook remains neutral due to the lack of available price history to confirm any momentum trend, leaving the asset without a clear directional edge for immediate trading. While the long-term fundamentals appear exceptionally strong—evidenced by a trailing P/E of just 1.14, which suggests significant undervaluation relative to earnings—the absence of multi-year price data prevents a definitive assessment of whether the market has permanently reassessed the business quality or if the low valuation reflects a structural issue. Consequently, the long-term rating stays neutral rather than upgrading to a buy, as the critical link between current cheapness and historical performance cannot be verified. Finally, the security offers no dividend income whatsoever, making it unsuitable for investors seeking yield. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.027512 |
| AutoARIMA | 0.029782 |
| AutoETS | 0.029785 |
| MSTL | 0.032461 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 59% |
| H-stat | 0.23 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.795 |
| Excess Kurtosis | -0.42 |
| Attribute | Value |
|---|---|
| Trailing P/E | 1.11 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.00% | 0.00% | 0.13% | 0.17% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-18 | 0.001 | 0.002813 |
| 2025-09-19 | 0.030 | 0.084746 |
| 2024-12-20 | 0.021 | 0.067200 |
| 2024-09-20 | 0.012 | 0.039293 |
| 2024-06-21 | 0.007 | 0.023427 |
| 2024-03-15 | 0.005 | 0.018298 |
| 2023-12-28 | 0.010 | 0.041374 |
| 2023-12-15 | 0.027 | 0.113303 |
| 2023-09-15 | 0.012 | 0.054605 |
| 2023-06-16 | 0.011 | 0.051253 |
| 2023-03-17 | 0.023 | 0.120155 |
| 2022-12-16 | 0.018 | 0.096422 |
| 2022-09-16 | 0.013 | 0.068779 |
| 2022-06-17 | 0.011 | 0.061418 |
| 2022-03-18 | 0.001 | 0.004533 |
| 2021-12-17 | 0.002 | 0.008173 |
| 2021-09-17 | 0.001 | 0.004222 |
| 2021-06-18 | 0.001 | 0.004647 |
| 2021-03-19 | 0.004 | 0.020476 |
| Attribute | Value |
|---|---|
| All Time High | 37.575 |
| All Time Low | 16.76 |
| Ask | 67.07 |
| Ask Size | 1,100 |
| Average Daily Volume10 Day | 14,810 |
| Average Daily Volume3 Month | 16,761 |
| Average Volume | 16,761 |
| Average Volume10Days | 14,810 |
| Beta3 Year | 1.12 |
| Bid | 24.91 |
| Bid Size | 1,100 |
| Category | Large Growth |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 36.28 |
| Day Low | 35.6606 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 32.29 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 36.24602 |
| Fifty Day Average Change | -0.4510231 |
| Fifty Day Average Change Percent | -0.012443382 |
| Fifty Two Week Change Percent | 6.3888073 |
| Fifty Two Week High | 37.575 |
| Fifty Two Week High Change | -1.7800026 |
| Fifty Two Week High Change Percent | -0.04737199 |
| Fifty Two Week Low | 30.49 |
| Fifty Two Week Low Change | 5.3049984 |
| Fifty Two Week Low Change Percent | 0.17399143 |
| Fifty Two Week Range | 30.49 - 37.575 |
| First Trade Date Milliseconds | 1,612,449,000,000 |
| Five Year Average Return | 0.0989387 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.08359909 |
| Fullday Change Percent | -0.22907878 |
| Fullday Price | 35.795 |
| Fund Family | Fidelity Investments |
| Fund Inception Date | 1,612,224,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a "Tracking Basket," which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified. |
| Long Name | Fidelity Magellan ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_698702342 |
| Nav Price | 36.50875 |
| Net Assets | 242,846,416.0 |
| Net Expense Ratio | 0.57 |
| Open | 36.27 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 35.795 |
| Post Market Time | 1,792,008,605 |
| Previous Close | 36.5017 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.706703 |
| Regular Market Change Percent | -1.93608 |
| Regular Market Day High | 36.28 |
| Regular Market Day Low | 35.6606 |
| Regular Market Day Range | 35.6606 - 36.28 |
| Regular Market Open | 36.27 |
| Regular Market Previous Close | 36.5017 |
| Regular Market Price | 35.795 |
| Regular Market Time | 1,792,007,985 |
| Regular Market Volume | 12,204 |
| Short Name | Fidelity Magellan ETF |
| Source Interval | 15 |
| Symbol | FMAG |
| Three Year Average Return | 0.18922381 |
| Total Assets | 242,846,416 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 1.1085474 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.83839 |
| Trailing Three Month Returns | -1.83839 |
| Triggerable | 1 |
| Two Hundred Day Average | 35.12722 |
| Two Hundred Day Average Change | 0.667778 |
| Two Hundred Day Average Change Percent | 0.019010272 |
| Type Disp | ETF |
| Volume | 12,204 |
| Yield | 0.0 |
| Ytd Return | 5.65344 |