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Fidelity Magellan ETF

FMAG

Fidelity

Fidelity Magellan ETF (FMAG) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 97.43%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 97.43%
  • Halal 69.55%
  • Doubtful 16.07%
  • Not halal 11.82%
  • Not rated 2.57%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer
Fidelity
Venue (where it trades)
United States
Domicile (where it is registered)
United States
Reporting currency
USD
Expense ratio
0.57%
AUM
242.85M USD
Holdings
51 (49 screened)
Basket as of (provider)
2 Nov 2026
Basket fetched by Akinda
2 Nov 2026
Verdict updated
3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

RulebookVerdictHalalNot halalSplit (0–100%)
Akinda fund screen (AAOIFI)Not halal69.55%11.82%
DJIMNot halal73.09%15.87%
FTSENot halal48.63%40.33%
MSCINot halal48.63%40.33%
S&PNot halal73.09%15.87%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 51 holdings, largest first · basket as of 2 Nov 2026
No.HoldingWeightAkinda (AAOIFI)DJIMFTSEMSCIS&P
1
AMZNAmazon.com Inc
6.13%HalalHalalHalalHalalHalal
2
MSFTMicrosoft Corp
5.70%HalalHalalHalalHalalHalal
3
AVGOBroadcom Inc
4.49%HalalHalalNot halalNot halalHalal
4
GOOGLAlphabet Inc Class A
3.94%DoubtfulNot ratedNot ratedNot ratedNot rated
5
METAMeta Platforms Inc Class A
3.72%HalalHalalHalalHalalHalal
6
AMDAdvanced Micro Devices Inc
3.60%HalalHalalHalalHalalHalal
7
GOOGAlphabet Inc Class C
3.34%DoubtfulNot ratedNot ratedNot ratedNot rated
8
STXSeagate Technology Holdings PLC
2.42%HalalHalalNot halalNot halalHalal
9
LLYEli Lilly & Co
2.40%HalalHalalNot halalNot halalHalal
10
KLACKLA Corp
2.32%HalalHalalHalalHalalHalal
11
WDCWestern Digital Corp
2.31%HalalHalalHalalHalalHalal
12
TSMTaiwan Semiconductor Manufacturing Co Ltd ADR
2.26%HalalHalalNot halalNot halalHalal
13
JPMJPMorgan Chase & Co
2.25%Not halalNot halalNot halalNot halalNot halal
14
VVisa Inc Class A
2.20%HalalNot halalNot halalNot halalNot halal
15
LRCXLam Research Corp
2.17%HalalHalalHalalHalalHalal
16
MAMastercard Inc Class A
1.98%DoubtfulNot halalNot halalNot halalNot halal
17
APHAmphenol Corp Class A
1.72%HalalHalalNot halalNot halalHalal
18
GEGE Aerospace
1.65%DoubtfulHalalNot halalNot halalHalal
19
CATCaterpillar Inc
1.63%HalalHalalNot halalNot halalHalal
20
BACBank of America Corp
1.55%Not halalNot halalNot halalNot halalNot halal
21
HLTHilton Worldwide Holdings Inc
1.50%DoubtfulHalalNot halalNot halalHalal
22
PMPhilip Morris International Inc
1.48%Not halalNot halalNot halalNot halalNot halal
23
ANETArista Networks Inc
1.45%HalalHalalNot halalNot halalHalal
24
MCKMcKesson Corp
1.39%HalalHalalHalalHalalHalal
25
0Y3K.LEaton Corp PLC
1.38%Not ratedNot ratedNot ratedNot ratedNot rated
26
MARMarriott International Inc/MD Class A1
1.35%DoubtfulHalalNot halalNot halalHalal
27
LIN.DELinde PLC
1.33%HalalHalalHalalHalalHalal
28
MSIMotorola Solutions Inc
1.32%HalalHalalNot halalNot halalHalal
29
WABWestinghouse Air Brake Technologies Corp
1.28%HalalHalalHalalHalalHalal
30
TDGTransDigm Group Inc
1.26%Not halalNot halalNot halalNot halalNot halal
31
CTASCintas Corp
1.26%HalalHalalHalalHalalHalal
32
DELLDell Technologies Inc Class C
1.24%Not halalHalalHalalHalalHalal
33
TTTrane Technologies PLC
1.24%HalalHalalHalalHalalHalal
34
PWRQuanta Services Inc
1.22%HalalHalalHalalHalalHalal
35
WELLWelltower Inc
1.20%HalalHalalHalalHalalHalal
36
HEI-AHEICO Corp Class A
1.19%Not ratedNot ratedNot ratedNot ratedNot rated
37
PHParker-Hannifin Corp
1.19%DoubtfulNot ratedNot ratedNot ratedNot rated
38
RSGRepublic Services Inc
1.17%HalalHalalNot halalNot halalHalal
39
CIENCiena Corp
1.14%HalalHalalHalalHalalHalal
40
MCOMoody’s Corp
1.11%DoubtfulNot halalNot halalNot halalNot halal
41
ORLYO’Reilly Automotive Inc
1.09%HalalHalalNot halalNot halalHalal
42
BNYBank of New York Mellon Corp/The
1.08%Not halalNot halalNot halalNot halalNot halal
43
STTState Street Corp
1.03%Not halalNot halalNot halalNot halalNot halal
44
NVDANVIDIA Corp
10.33%HalalHalalHalalHalalHalal
45
CORCencora Inc
1.03%HalalHalalHalalHalalHalal
46
VTRVentas Inc
0.99%Not halalNot halalNot halalNot halalNot halal
47
NTRSNorthern Trust Corp
0.92%Not halalNot halalNot halalNot halalNot halal
48
COSTCostco Wholesale Corp
0.01%HalalHalalHalalHalalHalal
49
RTXRTX Corp
0.00%DoubtfulHalalNot halalNot halalHalal
50
MLMMartin Marietta Materials Inc
0.00%HalalHalalHalalHalalHalal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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