DWUS vs FMAG
Advisorshares Dorsey Wright Fsm Us Core Etf vs Fidelity Magellan ETF
Which is better, DWUS or FMAG?
Each has led over a different period.
FMAG has a lower expense ratio. DWUS led over 1Y, 3Y and 5Y, FMAG over the full window. The two have moved almost in lockstep, correlation 0.90.
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 | DWUS | FMAG |
|---|---|---|
| Expense Ratio | 1.08% | 0.57%Best |
| AUM | $122M | $243M |
| Dividend Yield | 0.03% | 0.00% |
| Holdings | 4 | 52 |
| YTD Return | +9.20%Best | +4.66% |
| 1Y Return | +10.11%Best | +3.01% |
| 3Y Return (annualized) | +17.82%Best | +17.63% |
| 5Y Return (annualized) | +9.99%Best | +9.04% |
| Volatility (annualized) | 16.7%Best | 17.8% |
| Max Drawdown | -26.4%Best | -32.9% |
| $10,000 over 5 years | $16,098Best | $15,414 |
| Fund Family | Advisor Shares | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 26, 2019 | Feb 2, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 4, 2021 to Oct 14, 2026 (5.7 years).
DWUS 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 5.7 years both funds cover.
DWUS vs FMAG Performance
Advisorshares Dorsey Wright Fsm Us Core Etf (DWUS) is an ETF from Advisor Shares and Fidelity Magellan ETF (FMAG) is an ETF from Fidelity Investments (US). Over the past year DWUS returned +10.11% while FMAG returned +3.01%. Year to date, DWUS is up 9.20% versus a gain of 4.66% for FMAG.
Over three years, DWUS compounded at +17.82% per year against +17.63% for FMAG; over five years the annualized figures are +9.99% and +9.04% respectively. Across the full 6-year window we track, FMAG has the edge at +10.77% annualized vs +9.38%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FMAG has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 16.7% for DWUS. 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 -26.4% for DWUS and -32.9% 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DWUS charges 1.08% per year while FMAG charges 0.57%. On a $10,000 position that is $108 vs $57 annually, a gap of $51 per year that compounds over a long holding period. On income, DWUS currently yields 0.03% against 0.00% for FMAG.
Holdings Overlap
We hold position weights for 4 holdings in DWUS 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 4 positions we hold weights for in DWUS and 50 in FMAG, against full books of 4 and 52.
What only one of them owns
Measured across the 4 and 50 positions we hold weights for.
FMAG holds 49 positions DWUS does not, 97.4% of the fund.
Largest: NVDA 10.24%, AMZN 6.45%, MSFT 5.61%, AVGO 4.55%, GOOGL 3.87%
You are not choosing between two funds in isolation.
Whichever of DWUS 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, DWUS or FMAG?
DWUS has an expense ratio of 1.08% while FMAG charges 0.57%. FMAG is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, DWUS or FMAG?
Over the past year DWUS returned +10.11% vs +3.01% for FMAG, so DWUS leads on 1-year performance. Over the longest common window we track (6 years), DWUS annualized +9.38% vs +10.77% for FMAG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWUS or FMAG?
FMAG has been the more volatile fund at 17.8% annualized versus 16.7% for DWUS. Worst drawdown: DWUS -26.4% vs FMAG -32.9%.
Should I hold both DWUS and FMAG?
DWUS and FMAG have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DWUS or FMAG?
DWUS yields 0.03% while FMAG yields 0.00%, so DWUS currently pays the higher dividend yield.
Is FMAG better than DWUS?
FMAG has a lower expense ratio. DWUS led over 1Y, 3Y and 5Y, FMAG over the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.