(FELG) Fidelity Covington Trust - Ratings and Ratios
Equity, Growth, Large-Cap
Dividends
| Dividend Yield | 0.40% |
| Yield on Cost 5y | 0.66% |
| Yield CAGR 5y | 434.48% |
| Payout Consistency | 83.3% |
| Payout Ratio | - |
| Risk via 10d forecast | |
|---|---|
| Volatility | 19.9% |
| Value at Risk 5%th | 33.8% |
| Relative Tail Risk | 3.27% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.76 |
| Alpha | 3.92 |
| CAGR/Max DD | 1.22 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.396 |
| Beta | 1.181 |
| Beta Downside | 1.158 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.89% |
| Mean DD | 3.12% |
| Median DD | 1.41% |
Description: FELG Fidelity Covington Trust November 09, 2025
The Fidelity Covington Trust Large-Cap Growth ETF (NYSE ARCA:FELG) commits at least 80% of its net assets to common stocks that comprise the Russell 1000® Growth Index, a market-capitalization-weighted benchmark tracking the U.S. large-cap growth segment. The fund’s manager follows a research-driven, factor-focused process that evaluates long-term return drivers such as valuation, earnings growth, and quality, and the ETF is classified as non-diversified because it concentrates its holdings in a relatively narrow set of growth equities.
As of the most recent filing (Q2 2024), FELG reports an expense ratio of 0.20% and manages roughly $360 million in assets, reflecting modest but growing investor interest. Its sector tilt is heavily weighted toward technology (≈ 45% of assets) and consumer discretionary (≈ 20%), making it sensitive to macro-economic variables like Fed policy on interest rates and consumer spending trends. The ETF posted a year-to-date total return of about +11% through September 2024, outperforming the broader Russell 1000 Growth Index by roughly 1.2 percentage points, which suggests its factor screening may be adding incremental value.
For a deeper, data-driven perspective on how FELG’s factor exposures compare to peers, you might explore the analytics platform ValueRay for additional performance and risk metrics.
What is the price of FELG shares?
Over the past week, the price has changed by +4.61%, over one month by -1.60%, over three months by +6.87% and over the past year by +21.04%.
Is FELG a buy, sell or hold?
What are the forecasts/targets for the FELG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 47.5 | 13.7% |
FELG Fundamental Data Overview November 21, 2025
Beta = 1.08
Revenue TTM = 0.0 USD
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 = 4.53b USD (4.53b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 4.53b)
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 4.53b / 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 = 10.37% (E(4.53b)/V(4.53b) * Re(10.37%) + (debt-free company))
Discount Rate = 10.37% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FELG ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle