(FELC) Fidelity Covington Trust - Overview
Etf: Equity, Index, Stocks, Large-Cap
Dividends
| Dividend Yield | 1.02% |
| Yield on Cost 5y | 1.43% |
| Yield CAGR 5y | 3.54% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 15.4% |
| Relative Tail Risk | 4.34% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.61 |
| Alpha | 0.07 |
| Character TTM | |
|---|---|
| Beta | 0.950 |
| Beta Downside | 0.963 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.59% |
| CAGR/Max DD | 1.22 |
Description: FELC Fidelity Covington Trust January 09, 2026
The Fidelity Covington Trust ETF (FELC) is a U.S.-focused large-blend fund that commits at least 80% of its capital to common stocks that are constituents of the S&P 500® Index. The manager employs a research-driven, factor-based process that screens for long-term return drivers such as valuation metrics, growth prospects, quality indicators, and other quantitative signals.
As of the most recent filing, FELC carries an expense ratio of 0.07%, placing it among the lower-cost large-cap ETFs. Its assets under management have grown to roughly $1.2 billion, reflecting strong investor demand for a low-cost, S&P 500-linked vehicle. The fund’s sector tilt is modestly overweight in information technology and communication services, which have benefited from continued corporate-IT spending and 5G rollout-key macro drivers that could sustain earnings momentum in the near term.
For a deeper, data-rich analysis of FELC’s risk-adjusted performance and factor exposures, you might explore the free tools on ValueRay.
What is the price of FELC shares?
Over the past week, the price has changed by -0.13%, over one month by -0.31%, over three months by +3.53% and over the past year by +14.73%.
Is FELC a buy, sell or hold?
What are the forecasts/targets for the FELC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 42.9 | 11.1% |
FELC Fundamental Data Overview February 04, 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 = 6.47b USD (6.47b + (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 6.47b)
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 6.47b / 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 = 9.42% (E(6.47b)/V(6.47b) * Re(9.42%) + (debt-free company))
Discount Rate = 9.42% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)