PSP vs FMAG

Comparison between INVESCO GLOBAL LISTED PRIVATE EQUITY ETF (PSP, ETF) and FIDELITY MAGELLAN ETF (FMAG, ETF).

5-Year PerformanceFMAG has outperformed PSP, delivering a return of +11.1% compared to -0.1%

PSP vs FMAG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PSP(ETF)	FMAG(ETF)
Net Assets	$255M	$253M
Expense Ratio	1.80%	0.57%
Max Drawdown	87.08%	33.02%
Sharpe Ratio	-0.51	0.32
5Y Beta	1.08	1.08
P/E Ratio	N/A	33.20
Forward P/E	N/A	26.63
PEG Ratio	N/A	0.78
5Y Dividends CAGR	2.67%	N/A
5Y EPS CAGR	N/A	31.47%
P/S Ratio	N/A	3.05
P/B Ratio	N/A	8.29

Net Assets

Winner

PSP

$255M

FMAG

$253M

Expense Ratio

PSP

1.80%

Winner

FMAG

0.57%

Max Drawdown

PSP

87.08%

Winner

FMAG

33.02%

Sharpe Ratio

PSP

-0.51

Winner

FMAG

0.32

5Y Beta

PSP

1.08

Winner

FMAG

1.08

P/E Ratio

PSP

N/A

FMAG

33.20

Forward P/E

PSP

N/A

FMAG

26.63

PEG Ratio

PSP

N/A

FMAG

0.78

5Y Dividends CAGR

PSP

2.67%

FMAG

N/A

5Y EPS CAGR

PSP

N/A

FMAG

31.47%

P/S Ratio

PSP

N/A

FMAG

3.05

P/B Ratio

PSP

N/A

FMAG

8.29

PSP vs FMAG - Holdings Comparison

PSP and FMAG have 0 common holdings. Overlap is 0.00%

PSP's top 25 holdings weight is 76.17%. FMAG's top 25 holdings weight is 67.47%.

Rank	PSP	FMAG
#1	EQT AB ORDINARY SHARES (n/a) - 4.96%	NVIDIA CORP (NVDA) - 10.60%
#2	BLACKSTONE INC (BX) - 4.95%	MICROSOFT CORP (MSFT) - 7.11%
#3	PARTNERS GROUP HOLDING AG (n/a) - 4.79%	AMAZON.COM INC (AMZN) - 5.76%
#4	KKR & CO INC ORDINARY SHARES (KKR) - 4.76%	BROADCOM INC (AVGO) - 4.77%
#5	CVC CAPITAL PARTNERS PLC (n/a) - 4.59%	META PLATFORMS INC CLASS A (META) - 3.98%
#6	TPG INC ORDINARY SHARES CLASS A (TPG) - 4.46%	JPMORGAN CHASE & CO (JPM) - 2.52%
#7	HAL TRUST (n/a) - 4.25%	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (TSM) - 2.21%
#8	n/a (OWL) - 4.21%	NETFLIX INC (NFLX) - 2.10%
#9	SOFINA SA (n/a) - 3.84%	VISA INC CLASS A (V) - 2.02%
#10	3I GROUP ORD (n/a) - 3.73%	KLA CORP (KLAC) - 1.97%
#11	ONEX CORP SHS SUBORD.VOTING (n/a) - 3.20%	COSTCO WHOLESALE CORP (COST) - 1.91%
#12	ARES CAPITAL CORP (ARCC) - 3.14%	GE AEROSPACE (GE) - 1.83%
#13	THE CARLYLE GROUP INC (CG) - 2.71%	MASTERCARD INC CLASS A (MA) - 1.83%
#14	EURAZEO SE (n/a) - 2.68%	HILTON WORLDWIDE HOLDINGS INC (HLT) - 1.74%
#15	n/a (STEP) - 2.58%	SYNOPSYS INC (SNPS) - 1.66%
#16	WENDEL SE (n/a) - 2.32%	ADVANCED MICRO DEVICES INC (AMD) - 1.64%
#17	SONAE SGPS SA (n/a) - 1.93%	LAM RESEARCH CORP (LRCX) - 1.63%
#18	BRIDGEPOINT GROUP PLC (n/a) - 1.90%	LINDE PLC (LIN) - 1.62%
#19	HAMILTON LANE INC CLASS A (HLNE) - 1.85%	EATON CORP PLC (ETN) - 1.62%
#20	n/a (GHC) - 1.76%	CADENCE DESIGN SYSTEMS INC (CDNS) - 1.53%
#21	PANTHEON INTERNATIONAL ORD (n/a) - 1.71%	RTX CORP (RTX) - 1.52%
#22	HGCAPITAL TRUST ORD (n/a) - 1.60%	TRANE TECHNOLOGIES PLC CLASS A (TT) - 1.50%
#23	GIMV NV (n/a) - 1.56%	MOTOROLA SOLUTIONS INC (MSI) - 1.47%
#24	SCHIEHALLION FUND ORD (n/a) - 1.37%	MCKESSON CORP (MCK) - 1.47%
#25	KINNEVIK AB CLASS B (n/a) - 1.32%	AMPHENOL CORP CLASS A (APH) - 1.46%
Total Holdings	71	51

PSP vs FMAG - Historical Returns

Returns include dividend reinvestment.

Period	PSP	FMAG
1 month	-6.39%	-0.30%
3 months	-2.47%	+6.04%
6 months	-11.73%	+3.54%
1 year	-8.24%	+7.73%
5 years(CAGR)	-0.13%	+11.09%
10 years(CAGR)	+7.47%	N/A
Max(CAGR)	+2.21%	+11.40%

PSP

-6.39%

Winner

FMAG

-0.30%

PSP

-2.47%

Winner

FMAG

+6.04%

PSP

-11.73%

Winner

FMAG

+3.54%

PSP

-8.24%

Winner

FMAG

+7.73%

5Y(CAGR)

PSP

-0.13%

Winner

FMAG

+11.09%

10Y(CAGR)

PSP

+7.47%

FMAG

N/A

Max(CAGR)

PSP

+2.21%

Winner

FMAG

+11.40%

PSP vs FMAG - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	PSP	FMAG
2026	-14.30%	+3.99%
2025	+6.33%	+10.44%
2024	+20.15%	+30.08%
2023	+35.90%	+31.66%
2022	-37.50%	-26.44%
2021	+27.83%	+25.37%
2020	+12.18%	N/A
2019	+35.73%	N/A
2018	-16.25%	N/A
2017	+23.68%	N/A
2016	+11.39%	N/A
2015	+1.60%	N/A
2014	-3.36%	N/A
2013	+35.89%	N/A
2012	+26.61%	N/A
2011	-21.99%	N/A
2010	+21.56%	N/A
2009	+25.88%	N/A
2008	-64.32%	N/A
2007	-14.55%	N/A
2006	+7.00%	N/A

PSP vs FMAG Drawdown Comparison

The maximum drawdown for PSP was -85.44%, occurring on Mar 9, 2009. Recovery took 3392 trading sessions.

The maximum drawdown for FMAG was -32.93%, occurring on Oct 14, 2022. Recovery took 548 trading sessions.

The current PSP drawdown is -17.73%. The current FMAG drawdown is -4.22%.

Rank	PSP	FMAG
#1	-85.44% Jun 4, 2007 - Nov 19, 2020	-32.93% Nov 19, 2021 - Jan 29, 2024
#2	-47.15% Nov 5, 2021 - Nov 8, 2024	-20.12% Jan 23, 2025 - Jun 4, 2025
#3	-22.95% Jan 23, 2025 - Jul 9, 2025	-13.97% Oct 28, 2025 - Apr 24, 2026
#4	-22.39% Jul 23, 2025 - Mar 27, 2026	-10.20% Jul 10, 2024 - Sep 19, 2024
#5	-7.83% Feb 22, 2007 - Apr 16, 2007	-8.12% Feb 12, 2021 - Apr 5, 2021
#6	-7.51% Sep 2, 2021 - Oct 21, 2021	-6.95% Sep 3, 2021 - Oct 25, 2021
#7	-7.30% Nov 29, 2024 - Jan 23, 2025	-6.17% Apr 29, 2021 - Jun 14, 2021
#8	-4.87% Apr 29, 2021 - May 27, 2021	-6.16% Mar 21, 2024 - May 15, 2024
#9	-4.39% Feb 16, 2021 - Mar 16, 2021	-4.65% Dec 4, 2024 - Jan 21, 2025
#10	-4.31% Aug 13, 2021 - Sep 2, 2021	-4.22% Jun 2, 2026 - Jun 5, 2026
#11	-3.95% Jul 12, 2021 - Jul 22, 2021	-4.02% Oct 14, 2024 - Nov 6, 2024
#12	-3.63% Nov 11, 2024 - Nov 22, 2024	-3.33% Nov 8, 2024 - Dec 4, 2024
#13	-3.47% Jun 14, 2021 - Jul 12, 2021	-3.21% Sep 22, 2025 - Oct 27, 2025
#14	-3.28% Mar 17, 2021 - Apr 1, 2021	-3.15% May 14, 2026 - May 28, 2026
#15	-2.74% Jan 21, 2021 - Feb 2, 2021	-2.45% Aug 12, 2025 - Sep 22, 2025

Correlation

Correlation between PSP and FMAG is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2006 - 2026)

PSP vs FMAG dividend yield comparison.

Year	PSP	FMAG
2026	0.26%	0.00%
2025	5.87%	0.09%
2024	8.62%	0.15%
2023	3.96%	0.34%
2022	2.88%	0.23%
2021	10.34%	0.03%
2020	4.66%	0.00%
2019	5.87%	0.00%
2018	6.81%	0.00%
2017	10.18%	0.00%
2016	4.12%	0.00%
2015	6.23%	0.00%
2014	4.94%	0.00%
2013	13.48%	0.00%
2012	2.88%	0.00%
2011	7.87%	0.00%
2010	5.05%	0.00%
2009	3.36%	0.00%
2008	15.19%	0.00%
2007	4.28%	0.00%
2006	1.00%	0.00%