FELV 📈 Fidelity Covington Trust - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • Large Value
FELV: Large-cap, Value, Stocks, Equities
The fund will normally invest at least 80% of assets in common stocks included in the Russell 1000® Value Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap value segment of the U.S. equity market. The adviser will generally utilizing a research-driven approach identifying long-term drivers of stock returns that may include,but are not limited to, valuation, growth, quality, and other factors.
Additional Sources for FELV ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
FELV ETF Overview
| Market Cap in USD | 2,029m |
| Category | Large Value |
| TER | 0.18% |
| IPO / Inception | 2007-04-19 |
FELV ETF Ratings
| Growth 5y | 76.1% |
| Fundamental | - |
| Dividend | 46.0% |
| Rel. Strength Industry | 5.47 |
| Analysts | - |
| Fair Price Momentum | 30.16 USD |
| Fair Price DCF | - |
FELV Dividends
| Dividend Yield 12m | 1.58% |
| Yield on Cost 5y | 1.96% |
| Annual Growth 5y | 526.50% |
| Payout Consistency | 100.0% |
FELV Growth Ratios
| Growth Correlation 3m | 50.8% |
| Growth Correlation 12m | 94.7% |
| Growth Correlation 5y | 95.9% |
| CAGR 5y | 21.85% |
| CAGR/Mean DD 5y | 16.80 |
| Sharpe Ratio 12m | 1.06 |
| Alpha | -3.18 |
| Beta | 0.71 |
| Volatility | 18.17% |
| Current Volume | 369.5k |
| Average Volume 20d | 155k |
What is the price of FELV stocks?
As of December 22, 2024, the stock is trading at USD 30.58 with a total of 369,500 shares traded.
Over the past week, the price has changed by -3.14%, over one month by -3.91%, over three months by -0.14% and over the past year by +18.14%.
As of December 22, 2024, the stock is trading at USD 30.58 with a total of 369,500 shares traded.
Over the past week, the price has changed by -3.14%, over one month by -3.91%, over three months by -0.14% and over the past year by +18.14%.
Is Fidelity Covington Trust a good stock to buy?
Yes. Based on ValueRay Analyses, Fidelity Covington Trust (NYSE ARCA:FELV) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 76.11 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FELV as of December 2024 is 30.16. This means that FELV is currently overvalued and has a potential downside of -1.37%.
Yes. Based on ValueRay Analyses, Fidelity Covington Trust (NYSE ARCA:FELV) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 76.11 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FELV as of December 2024 is 30.16. This means that FELV is currently overvalued and has a potential downside of -1.37%.
Is FELV 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 FELV stock price target?
According to ValueRays Forecast Model, FELV Fidelity Covington Trust will be worth about 33.2 in December 2025. The stock is currently trading at 30.58. This means that the stock has a potential upside of +8.67%.
According to ValueRays Forecast Model, FELV Fidelity Covington Trust will be worth about 33.2 in December 2025. The stock is currently trading at 30.58. This means that the stock has a potential upside of +8.67%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 33.2 | 8.7% |