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FMAGvsILCGETF Comparison

ETF 1

FMAG

Fidelity Magellan ETF

This fund is part of

Uncategorized Equities

+1.14%

Full FMAG fund page

VS

ETF 2

ILCG

iShares Morningstar Growth ETF

This fund is part of

US Large Cap Growth

+1.52%

Full ILCG fund page

Fidelity Magellan ETF (FMAG) belongs to the Uncategorized Equities segment. iShares Morningstar Growth ETF (ILCG) is part of the US Large Cap Growth segment. Both ETFs have the same top 3 sector exposures: Technology, Industrials and Finance. FMAG is more expensive with a Total Expense Ratio (TER) of 0.57%, versus 0.04% for ILCG. FMAG is up 3.1% year-to-date (YTD) with -$32M in YTD flows. ILCG performs better with 10.29% YTD performance, and -$71M in YTD flows. Run a side-by-side ETF comparison of FMAG and ILCG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FMAG vs ILCG performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 09/17/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FMAG ILCG	-5.05%-2.97%	-2.75%-0.37%	+3.10%+10.29%	+0.91%+11.84%	+60.65%+87.30%	+50.15%+72.16%
Flows	FMAG ILCG	+$838K-$57M	-$9M-$11M	-$32M-$71M	-$38M-$192M	+$136M-$70M	+$146M-$290M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FMAG ILCG	+17.87%+19.69%	+16.73%+19.22%	+18.03%+20.27%	+20.21%+22.61%
Max drawdown	FMAG ILCG	-7.34%-8.19%	-13.95%-15.55%	-20.04%-23.24%	-32.85%-35.44%
Max drawdown duration	FMAG ILCG	43d46d	174d169d	131d151d	796d807d

Trading data

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	FMAG	ILCG
Last sale 9/18/2026 at 1:30 PM	$35.55	$115.18
Previous close 09/17/2026	$35.21	$114.39
Consolidated volume 09/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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FMAG

is actively managed and doesn’t replicate an index

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	FMAG	ILCG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/18/2026 at 1:30 PM

Live

Closed

	FMAG	ILCG
Last price	$35.55	$115.18
1D performance	+0.97%	+0.69%
AuM	$238.74 M	$3.13 B
E/R	0.57%	0.04%

Characteristics

	FMAG	ILCG
Management strategy	Active	Passive
Provider	Fidelity	iShares
Benchmark	-	Morningstar US Large-Mid Cap Broad Growth Index
N° of holdings	504	324
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 4, 2021	June 28, 2004
ESG	No	No

More FMAG data on Trackinsight

More ILCG data on Trackinsight

Exposure

Countries

FMAG

USA

92.82%

Other

7.18%

ILCG

USA

97.67%

Other

2.33%

Sectors

FMAG

Technology

55.45%

Industrials

11.52%

Finance

8.16%

Consumer Non-Cycl.

7.72%

Other

17.14%

ILCG

Technology

61%

Industrials

10.11%

Other

28.88%

Diversification

FMAG

Total weight of top 15 holdings out of 15

57.97%

ILCG

Total weight of top 15 holdings out of 15

55.7%

Top 15 holdings

Data as of July 31, 2026

FMAG

NVIDIA Corp.

13.03%

Amazon.com, Inc.

6.62%

Broadcom Inc.

6.00%

Microsoft Corp.

6.00%

Meta Platforms, Inc.

3.76%

KLA Corp.

3.04%

Visa, Inc.

3.03%

Mastercard, Inc.

2.54%

Alphabet, Inc.

2.54%

Amphenol Corp.

2.01%

Motorola Solutions, Inc.

1.96%

TransDigm Group, Inc.

1.91%

Cadence Design Systems, Inc.

1.89%

Linde Plc

1.87%

Trane Technologies Plc

1.77%

ILCG

NVIDIA Corp.

14.71%

Apple, Inc.

7.87%

Broadcom Inc.

5.81%

Amazon.com, Inc.

4.09%

Alphabet, Inc.

3.57%

Eli Lilly & Co.

2.98%

Alphabet, Inc.

2.87%

Microsoft Corp.

2.65%

Advanced Micro Devices, Inc.

2.54%

Micron Technology, Inc.

1.74%

Tesla, Inc.

1.73%

Meta Platforms, Inc.

1.38%

Applied Materials, Inc.

1.28%

Intel Corp.

1.27%

Lam Research Corp.

1.20%

Frequently asked questions about FMAG and ILCG

How have the FMAG and ILCG ETFs performed in 2026?

As of September 17, 2026, FMAG is up 3.1% year-to-date (YTD), while ILCG has returned 10.29%. That puts ILCG better performer ahead so far this year.

Which ETF is attracting more investor money: FMAG or ILCG?

Year-to-date, the FMAG ETF saw -$32M in flows, compared to -$71M for ILCG.

Which ETF is more volatile: FMAG or ILCG?

Over the past year, FMAG had a volatility of 16.73%, while ILCG experienced 19.22%.

Which ETF is bigger: FMAG or ILCG?

As of September 17, 2026, FMAG holds $238.74 M in assets under management (AUM), while ILCG manages $3.13 B.

What sectors do the FMAG and ILCG ETFs invest in?

FMAG leans toward sectors like Technology, Industrials and Finance. Meanwhile, ILCG focuses on Technology and Industrials.

What are the top holdings of the FMAG ETF and ILCG ETF?

FMAG top holdings include NVIDIA Corp., Amazon.com, Inc. and Broadcom Inc.. ILCG holds in its top three: NVIDIA Corp., Apple, Inc. and Broadcom Inc..

Which ETF is more diversified: FMAG or ILCG?

FMAG holds 508 securities with 57.97% of its assets in the top 15. ILCG has 327 securities and a top 15 weight of 55.7%.

3 Famous Mutual Funds That Deserve an ETF Version

June 19, 2024

FMAG

FMAGvsILCGETF Comparison

Fidelity Magellan ETF

iShares Morningstar Growth ETF

FMAG vs ILCG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FMAG and ILCG ETFs performed in 2026?

As of September 17, 2026, FMAG is up 3.1% year-to-date (YTD), while ILCG has returned 10.29%. That puts ILCG better performer ahead so far this year.

Which ETF is attracting more investor money: FMAG or ILCG?

Year-to-date, the FMAG ETF saw -$32M in flows, compared to -$71M for ILCG.

Which ETF is more volatile: FMAG or ILCG?

Over the past year, FMAG had a volatility of 16.73%, while ILCG experienced 19.22%.

Which ETF is bigger: FMAG or ILCG?

As of September 17, 2026, FMAG holds $238.74 M in assets under management (AUM), while ILCG manages $3.13 B.

What sectors do the FMAG and ILCG ETFs invest in?

FMAG leans toward sectors like Technology, Industrials and Finance. Meanwhile, ILCG focuses on Technology and Industrials.

What are the top holdings of the FMAG ETF and ILCG ETF?

FMAG top holdings include NVIDIA Corp., Amazon.com, Inc. and Broadcom Inc.. ILCG holds in its top three: NVIDIA Corp., Apple, Inc. and Broadcom Inc..

Which ETF is more diversified: FMAG or ILCG?

FMAG holds 508 securities with 57.97% of its assets in the top 15. ILCG has 327 securities and a top 15 weight of 55.7%.

3 Famous Mutual Funds That Deserve an ETF Version

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