DVDN vs FMAG
Kingsbarn Dividend Opportunity ETF vs Fidelity Magellan ETF
Which is better, DVDN or FMAG?
FMAG has been ahead.
FMAG has a lower expense ratio. FMAG led over 1Y, 3Y and the full window. FMAG is less concentrated, with 44.0% of the fund in its ten largest positions against 70.1%.
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 | DVDN | FMAG |
|---|---|---|
| Expense Ratio | 1.65% | 0.57%Best |
| AUM | $3M | $243M |
| Dividend Yield | 15.59% | 0.00% |
| Holdings | 30 | 52 |
| YTD Return | -29.25% | +4.66%Best |
| 1Y Return | -33.02% | +3.01%Best |
| 3Y Return (annualized) | -11.58% | +17.63%Best |
| 5Y Return (annualized) | - | +9.04% |
| Volatility (annualized) | 16.4% | 14.3%Best |
| Max Drawdown | -45.9% | -20.1%Best |
| $10,000 over 2.9 years | $6,998 | $16,573Best |
| Top 10 Weight | 70.1% | 44.0%Best |
| Fund Family | Kingsbarn Capital Management | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 17, 2023 | Feb 2, 2021 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 2, 2023 to Oct 14, 2026 (2.9 years).
DVDN 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 covers the 2.9 years both funds cover.
DVDN vs FMAG Performance
Kingsbarn Dividend Opportunity ETF (DVDN) is an ETF from Kingsbarn Capital Management and Fidelity Magellan ETF (FMAG) is an ETF from Fidelity Investments (US). Over the past year DVDN returned -33.02% while FMAG returned +3.01%. Year to date, DVDN is down 29.25% versus a gain of 4.66% for FMAG.
Over three years, DVDN compounded at -11.58% per year against +17.63% for FMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DVDN has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.3% for FMAG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -45.9% for DVDN and -20.1% for FMAG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DVDN charges 1.65% per year while FMAG charges 0.57%. On a $10,000 position that is $165 vs $57 annually, a gap of $108 per year that compounds over a long holding period. On income, DVDN currently yields 15.59% against 0.00% for FMAG.
Holdings Overlap
We hold position weights for 16 holdings in DVDN and 50 in FMAG, totalling 100.0% and 99.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 16 positions we hold weights for in DVDN and 50 in FMAG, against full books of 30 and 52.
What only one of them owns
Our book lists 49 positions for FMAG that do not appear in our book for DVDN (97.4% of the fund), and 16 for DVDN that do not appear in FMAG (100.0%).
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.
You are not choosing between two funds in isolation.
Whichever of DVDN and FMAG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DVDN or FMAG?
DVDN has an expense ratio of 1.65% while FMAG charges 0.57%. FMAG is the cheaper option, by $108 a year on a $10,000 investment.
Which performed better, DVDN or FMAG?
Over the past year DVDN returned -33.02% vs +3.01% for FMAG, so FMAG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DVDN or FMAG?
DVDN has been the more volatile fund at 16.4% annualized versus 14.3% for FMAG. Worst drawdown: DVDN -45.9% vs FMAG -20.1%.
Should I hold both DVDN and FMAG?
DVDN and FMAG have a monthly-return correlation of 0.37, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DVDN or FMAG?
DVDN yields 15.59% while FMAG yields 0.00%, so DVDN currently pays the higher dividend yield.
Is FMAG better than DVDN?
FMAG has a lower expense ratio. FMAG led over 1Y, 3Y and the full window. FMAG is less concentrated, with 44.0% of the fund in its ten largest positions against 70.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.