FMAG vs XAIW
Fidelity Magellan ETF vs SpaceXAI Lab Ecosystem ETF
Which is better, FMAG or XAIW?
FMAG costs less.
FMAG has a lower expense ratio. FMAG is less concentrated, with 44.0% of the fund in its ten largest positions against 61.4%.
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 | FMAG | XAIW |
|---|---|---|
| Expense Ratio | 0.57%Best | 0.59% |
| AUM | $243M | $1M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 52 | 25 |
| YTD Return | +4.66%Best | -3.89% |
| 1Y Return | +3.01% | - |
| 3Y Return (annualized) | +17.63% | - |
| 5Y Return (annualized) | +9.04% | - |
| Top 10 Weight | 44.0%Best | 61.4% |
| Fund Family | Fidelity Investments (US) | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 2, 2021 | Aug 12, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FMAG vs XAIW 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.
FMAG vs XAIW Performance
Fidelity Magellan ETF (FMAG) is an ETF from Fidelity Investments (US) and SpaceXAI Lab Ecosystem ETF (XAIW) is an ETF from Harbor Funds. Year to date, FMAG is up 4.66% versus a loss of 3.89% for XAIW.
Past performance does not guarantee future results.
Fees and Cost Over Time
FMAG charges 0.57% per year while XAIW charges 0.59%. On a $10,000 position that is $57 vs $59 annually, a gap of $2 per year that compounds over a long holding period. On income, FMAG currently yields 0.00% against 0.00% for XAIW.
Holdings Overlap
21.4% of FMAG's money is in holdings XAIW also owns. 18.8% of XAIW's money is in holdings FMAG also owns.
FMAG and XAIW share little of their money.
5 positions in common, counted across the 50 positions we hold weights for in FMAG and 26 in XAIW, against full books of 52 and 25.
What only one of them owns
Our book lists 16 positions for XAIW that do not appear in our book for FMAG (66.1% of the fund), and 45 for FMAG that do not appear in XAIW (78.0%).
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.
21.4% of FMAG is already inside XAIW.
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, FMAG or XAIW?
FMAG has an expense ratio of 0.57% while XAIW charges 0.59%. FMAG is the cheaper option, by $2 a year on a $10,000 investment.
What is the holdings overlap between FMAG and XAIW?
21.4% of FMAG's money is in holdings XAIW also owns. 18.8% of XAIW's is in holdings FMAG also owns. They hold 5 positions in common, counted across the 50 positions we hold weights for in FMAG and 26 in XAIW.
Which pays a higher dividend, FMAG or XAIW?
FMAG yields 0.00% while XAIW yields 0.00%, so FMAG currently pays the higher dividend yield.
Is XAIW better than FMAG?
FMAG has a lower expense ratio. FMAG is less concentrated, with 44.0% of the fund in its ten largest positions against 61.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.