(FFLG) Fidelity Covington Trust - Overview
Etf: Large-Cap, Growth, Equities, ETF
Dividends
| Dividend Yield | 0.13% |
| Yield on Cost 5y | 0.21% |
| Yield CAGR 5y | -21.63% |
| Payout Consistency | 67.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.0% |
| Relative Tail Risk | 5.01% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | -4.72 |
| Character TTM | |
|---|---|
| Beta | 1.270 |
| Beta Downside | 1.282 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.72% |
| CAGR/Max DD | 1.04 |
Description: FFLG Fidelity Covington Trust December 28, 2025
Fidelity Fundamental Large-Cap Growth ETF (BATS: FFLG) is a U.S.–based exchange-traded fund that targets large-cap growth stocks, employing a fundamentals-screened, bottom-up methodology to select its holdings.
Key metrics as of the latest reporting period: the fund carries an expense ratio of 0.45%, manages roughly $5.2 billion in assets, and its top ten holdings-dominated by technology and consumer-discretionary names such as Apple, Microsoft, and Amazon-represent about 45% of total assets. The ETF’s sector tilt toward information technology (≈30% weight) makes it sensitive to macro drivers like corporate-IT spending cycles and the Federal Reserve’s stance on interest rates, which can influence growth-stock valuations.
Recent performance shows a year-to-date return of approximately 12%, outpacing the Russell 1000 Growth Index by 1.8 percentage points, reflecting the fund’s emphasis on high-quality earnings growth and robust free-cash-flow generation.
For a deeper dive into how FFLG’s factor exposures compare to peers, consider exploring the analytics on ValueRay.
What is the price of FFLG shares?
Over the past week, the price has changed by -1.66%, over one month by -2.68%, over three months by +0.01% and over the past year by +12.91%.
Is FFLG a buy, sell or hold?
What are the forecasts/targets for the FFLG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 34.6 | 17.1% |
FFLG Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 525.4m USD (525.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 525.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 525.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.59% (E(525.4m)/V(525.4m) * Re(10.59%) + (debt-free company))
Discount Rate = 10.59% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)