FDHT 📈 Fidelity Covington Trust - - Overview
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • • Health
FDHT: Healthcare, Technology, Telemedicine, Robotics, Records, Devices
The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum providing healthcare records management, connected healthcare devices, surgical robotics, telemedicine, and other technology-enabled healthcare products and services. The fund is non-diversified.
Additional Sources for FDHT ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FDHT ETF Overview
| Market Cap in USD | 8m |
| Category | Health |
| TER | 0.39% |
| IPO / Inception | 2021-10-05 |
FDHT ETF Ratings
| Growth 5y | -23.1% |
| Fundamental | - |
| Dividend | 23.3% |
| Rel. Strength Industry | -75.9 |
| Analysts | - |
| Fair Price Momentum | 17.78 USD |
| Fair Price DCF | - |
FDHT Dividends
| Dividend Yield 12m | 0.06% |
| Yield on Cost 5y | 0.05% |
| Annual Growth 5y | -41.02% |
| Payout Consistency | 77.7% |
FDHT Growth Ratios
| Growth Correlation 3m | 22.9% |
| Growth Correlation 12m | 54.2% |
| Growth Correlation 5y | -34.7% |
| CAGR 5y | -7.26% |
| CAGR/Mean DD 5y | -0.26 |
| Sharpe Ratio 12m | 0.04 |
| Alpha | -24.13 |
| Beta | 1.09 |
| Volatility | 20.25% |
| Current Volume | 3.2k |
| Average Volume 20d | 1.8k |
What is the price of FDHT stocks?
As of December 22, 2024, the stock is trading at USD 19.93 with a total of 3,159 shares traded.
Over the past week, the price has changed by -3.26%, over one month by -0.20%, over three months by -0.86% and over the past year by +6.62%.
As of December 22, 2024, the stock is trading at USD 19.93 with a total of 3,159 shares traded.
Over the past week, the price has changed by -3.26%, over one month by -0.20%, over three months by -0.86% and over the past year by +6.62%.
Is Fidelity Covington Trust - a good stock to buy?
Neither. Based on ValueRay Analyses, Fidelity Covington Trust - is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -23.05 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FDHT as of December 2024 is 17.78. This means that FDHT is currently overvalued and has a potential downside of -10.79%.
Neither. Based on ValueRay Analyses, Fidelity Covington Trust - is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -23.05 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FDHT as of December 2024 is 17.78. This means that FDHT is currently overvalued and has a potential downside of -10.79%.
Is FDHT a buy, sell or hold?
Fidelity Covington Trust - has no consensus analysts rating.
Fidelity Covington Trust - has no consensus analysts rating.
What are the forecast for FDHT stock price target?
According to ValueRays Forecast Model, FDHT Fidelity Covington Trust - will be worth about 19.8 in December 2025. The stock is currently trading at 19.93. This means that the stock has a potential downside of -0.55%.
According to ValueRays Forecast Model, FDHT Fidelity Covington Trust - will be worth about 19.8 in December 2025. The stock is currently trading at 19.93. This means that the stock has a potential downside of -0.55%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 19.8 | -0.6% |