(FELG) Fidelity Covington Trust - Ratings and Ratios
Equity, Growth, Large-Cap
| Risk via 10d forecast | |
|---|---|
| Volatility | 23.2% |
| Value at Risk 5%th | 39.4% |
| Relative Tail Risk | 3.14% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | 3.12 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.369 |
| Beta | 1.182 |
| Beta Downside | 1.161 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.89% |
| Mean DD | 3.08% |
| Median DD | 1.21% |
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.
FELG ETF Overview
| Market Cap in USD | 4,544m |
| Category | Large Growth |
| TER | 0.18% |
| IPO / Inception | 2007-04-19 |
| Return 12m vs S&P 500 | 4.13% |
| Analyst Rating | - |
FELG Dividends
| Dividend Yield | 0.40% |
| Yield on Cost 5y | 0.66% |
| Yield CAGR 5y | 434.48% |
| Payout Consistency | 83.3% |
| Payout Ratio | - |
FELG Growth Ratios
| CAGR 3y | 29.11% |
| CAGR/Max DD Calmar Ratio | 1.22 |
| CAGR/Mean DD Pain Ratio | 9.46 |
| Current Volume | 545.7k |
| Average Volume | 424.6k |
What is the price of FELG shares?
Over the past week, the price has changed by -0.34%, over one month by +1.00%, over three months by +5.61% and over the past year by +18.61%.
Is Fidelity Covington Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FELG is around 41.33 USD . This means that FELG is currently overvalued and has a potential downside of 0%.
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 | 46.7 | 13% |
FELG Fundamental Data Overview November 11, 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 = 4.54b USD (4.54b + (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 4.54b)
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 4.54b / 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 = 9.99% (E(4.54b)/V(4.54b) * Re(9.99%) + (debt-free company))
Discount Rate = 9.99% (= 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