(FDHT) Fidelity Covington Trust - - Ratings and Ratios
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 | -14.5% |
| Fundamental | - |
| Dividend | 35.5% |
| Rel. Strength Industry | -63.4 |
| Analysts | - |
| Fair Price Momentum | 18.72 USD |
| Fair Price DCF | - |
FDHT Dividends
| Dividend Yield 12m | 1.44% |
| Yield on Cost 5y | 1.20% |
| Annual Growth 5y | 135.13% |
| Payout Consistency | 58.3% |
FDHT Growth Ratios
| Growth Correlation 3m | 9.5% |
| Growth Correlation 12m | 65.4% |
| Growth Correlation 5y | -30.6% |
| CAGR 5y | -5.57% |
| CAGR/Mean DD 5y | -0.20 |
| Sharpe Ratio 12m | 0.40 |
| Alpha | -18.37 |
| Beta | 1.08 |
| Volatility | 18.00% |
| Current Volume | 1k |
| Average Volume 20d | 1.9k |
What is the price of FDHT stocks?
As of January 23, 2025, the stock is trading at USD 20.72 with a total of 1,000 shares traded.
Over the past week, the price has changed by +3.58%, over one month by +3.94%, over three months by +3.45% and over the past year by +9.89%.
As of January 23, 2025, the stock is trading at USD 20.72 with a total of 1,000 shares traded.
Over the past week, the price has changed by +3.58%, over one month by +3.94%, over three months by +3.45% and over the past year by +9.89%.
Is Fidelity Covington Trust - a good stock to buy?
Neither. Based on ValueRay Analyses, Fidelity Covington Trust - is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -14.53 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 January 2025 is 18.72. This means that FDHT is currently overvalued and has a potential downside of -9.65%.
Neither. Based on ValueRay Analyses, Fidelity Covington Trust - is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of -14.53 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 January 2025 is 18.72. This means that FDHT is currently overvalued and has a potential downside of -9.65%.
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 20.9 in January 2026. The stock is currently trading at 20.72. This means that the stock has a potential upside of +0.72%.
According to ValueRays Forecast Model, FDHT Fidelity Covington Trust - will be worth about 20.9 in January 2026. The stock is currently trading at 20.72. This means that the stock has a potential upside of +0.72%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.9 | 0.7% |