BROL vs FMAG
Baron Risk Optimized Large Cap ETF vs Fidelity Magellan ETF
Which is better, BROL or FMAG?
BROL costs less.
BROL has a lower expense ratio. FMAG is less concentrated, with 44.0% of the fund in its ten largest positions against 44.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BROL | FMAG |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.57% |
| AUM | - | $243M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 129 | 52 |
| YTD Return | +4.42% | +4.66%Best |
| 1Y Return | - | +3.01% |
| 3Y Return (annualized) | - | +17.63% |
| 5Y Return (annualized) | - | +9.04% |
| Top 10 Weight | 44.8% | 44.0%Best |
| Fund Family | Baron Funds | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 25, 2026 | Feb 2, 2021 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
BROL vs FMAG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BROL vs FMAG Performance
Baron Risk Optimized Large Cap ETF (BROL) is an ETF from Baron Funds and Fidelity Magellan ETF (FMAG) is an ETF from Fidelity Investments (US). Year to date, BROL is up 4.42% versus a gain of 4.66% for FMAG.
Past performance does not guarantee future results.
Fees and Cost Over Time
BROL charges 0.45% per year while FMAG charges 0.57%. On a $10,000 position that is $45 vs $57 annually, a gap of $12 per year that compounds over a long holding period. On income, BROL currently yields 0.00% against 0.00% for FMAG.
Holdings Overlap
47.7% of BROL's money is in holdings FMAG also owns. 53.4% of FMAG's money is in holdings BROL also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 64 positions we hold weights for in BROL and 50 in FMAG, against full books of 129 and 52.
What only one of them owns
Our book lists 31 positions for FMAG that do not appear in our book for BROL (46.1% of the fund), and 37 for BROL that do not appear in FMAG (42.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BROL | Weight in FMAG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.06% | 10.24% | 1.18% |
| AMZNAmazon.Com Inc | 4.23% | 6.45% | 2.22% |
| GOOGAlphabet Inc. C | 6.76% | 3.28% | 3.48% |
| MSFTMicrosoft Corp | 1.75% | 5.61% | 3.86% |
| AVGOBroadcom Inc | 2.71% | 4.55% | 1.84% |
| LLYEli Lilly & Co. | 2.78% | 2.39% | 0.39% |
| COSTCostco Wholesale Corp. | 3.25% | 1.59% | 1.66% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.55% | 2.01% | 0.54% |
| VVisa Inc Class A | 1.84% | 2.36% | 0.52% |
| WELLWelltower, Inc. | 2.90% | 1.23% | 1.67% |
53.4% of FMAG is already inside BROL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BROL or FMAG?
BROL has an expense ratio of 0.45% while FMAG charges 0.57%. BROL is the cheaper option, by $12 a year on a $10,000 investment.
What is the holdings overlap between BROL and FMAG?
53.4% of FMAG's money is in holdings BROL also owns. 53.4% of FMAG's is in holdings BROL also owns. They hold 19 positions in common, counted across the 64 positions we hold weights for in BROL and 50 in FMAG.
Which pays a higher dividend, BROL or FMAG?
BROL yields 0.00% while FMAG yields 0.00%, so FMAG currently pays the higher dividend yield.
Is FMAG better than BROL?
BROL has a lower expense ratio. FMAG is less concentrated, with 44.0% of the fund in its ten largest positions against 44.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.