IWLG vs. FMAG ETF Comparison
Comparison of IQ MacKay Municipal Insured ETF (IWLG) to Fidelity Magellan ETF (FMAG)
IWLG
IQ MacKay Municipal Insured ETF
IWLG Description
IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$45.31
Average Daily Volume
8,978
Number of Holdings
*
41
* may have additional holdings in another (foreign) market
FMAG
Fidelity Magellan ETF
FMAG Description
The investment seeks long-term growth of capital. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The fund normally invests primarily in equity securities. It invests in domestic and foreign issuers. The fund is non-diversified.Grade (RS Rating)
Last Trade
$30.55
Average Daily Volume
48,361
Number of Holdings
*
55
* may have additional holdings in another (foreign) market
Performance
| Period | IWLG | FMAG |
|---|---|---|
| 30 Days | 3.45% | 3.00% |
| 60 Days | 6.19% | 5.36% |
| 90 Days | 1.71% | 2.97% |
| 12 Months | 48.14% | 42.92% |
24 Overlapping Holdings
| Symbol | Grade | Weight in IWLG | Weight in FMAG | Overlap | |
|---|---|---|---|---|---|
| AME | C | 0.96% | 1.08% | 0.96% | |
| AMZN | C | 8.63% | 4.74% | 4.74% | |
| ASML | F | 1.21% | 1.05% | 1.05% | |
| AVGO | C | 3.77% | 2.72% | 2.72% | |
| BSX | B | 0.98% | 1.27% | 0.98% | |
| ETN | C | 1.37% | 1.27% | 1.27% | |
| GE | C | 1.69% | 1.5% | 1.5% | |
| GOOG | D | 3.2% | 1.64% | 1.64% | |
| GOOGL | D | 3.78% | 3.34% | 3.34% | |
| HLT | B | 0.96% | 1.29% | 0.96% | |
| INTU | D | 2.42% | 1.51% | 1.51% | |
| LLY | D | 1.81% | 2.43% | 1.81% | |
| LRCX | D | 1.66% | 1.25% | 1.25% | |
| MA | B | 1.38% | 2.01% | 1.38% | |
| META | B | 4.1% | 3.43% | 3.43% | |
| MSFT | C | 11.19% | 7.87% | 7.87% | |
| NVDA | C | 8.58% | 7.28% | 7.28% | |
| ORLY | B | 1.19% | 1.24% | 1.19% | |
| SNPS | F | 1.23% | 1.2% | 1.2% | |
| TT | B | 1.67% | 1.2% | 1.2% | |
| UNH | C | 1.16% | 2.37% | 1.16% | |
| V | C | 1.43% | 2.06% | 1.43% | |
| VMC | C | 0.33% | 1.14% | 0.33% | |
| WCN | D | 1.06% | 1.07% | 1.06% |
IWLG Underweight 31 Positions Relative to FMAG
| Symbol | Grade | Weight | |
|---|---|---|---|
| COST | C | -1.84% | |
| TMO | B | -1.64% | |
| ORCL | B | -1.6% | |
| LIN | B | -1.57% | |
| KLAC | D | -1.52% | |
| SPGI | C | -1.46% | |
| MCO | C | -1.42% | |
| AMAT | D | -1.4% | |
| AJG | D | -1.39% | |
| TDG | B | -1.38% | |
| MMC | C | -1.37% | |
| SHW | B | -1.36% | |
| HEI | C | -1.33% | |
| MSI | B | -1.33% | |
| URI | B | -1.26% | |
| MLM | D | -1.25% | |
| IT | C | -1.24% | |
| ANET | C | -1.22% | |
| PWR | B | -1.22% | |
| CEG | C | -1.21% | |
| APH | C | -1.21% | |
| CTAS | C | -1.2% | |
| AZO | B | -1.2% | |
| ARES | B | -1.18% | |
| WSO | C | -1.17% | |
| VRSK | D | -1.17% | |
| CDNS | D | -1.15% | |
| CPRT | D | -1.1% | |
| MAR | B | -1.08% | |
| PTC | C | -1.06% | |
| NVO | F | -0.99% |
IWLG: Top Represented Industries & Keywords
Industries:
Software - Application
Internet Content & Information
Medical Devices
Semiconductors
Specialty Industrial Machinery
Specialty Retail
Credit Services
Semiconductor Equipment & Materials
Software - Infrastructure
Asset Management
Building Materials
Consumer Electronics
Diversified Industrials
Drug Manufacturers - Major
Health Care Plans
Home Improvement Stores
Lodging
Media - Diversified
Medical Instruments & Supplies
Restaurants
FMAG: Top Represented Industries & Keywords
Industries:
Semiconductor Equipment & Materials
Software - Application
Internet Content & Information
Specialty Industrial Machinery
Specialty Retail
Aerospace & Defense
Building Materials
Business Services
Capital Markets
Credit Services
Insurance Brokers
Lodging
Semiconductors
Software - Infrastructure
Specialty Chemicals
Asset Management
Auto & Truck Dealerships
Biotechnology
Communication Equipment
Computer Systems
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