Fidelity Covington Trust Fidelity Enhanced International ETFFidelity Covington Trust Fidelity Enhanced International ETFFidelity Covington Trust Fidelity Enhanced International ETF

Fidelity Covington Trust Fidelity Enhanced International ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪2.19 B‬USD
Fund flows (1Y)
‪566.84 M‬USD
Dividend yield (indicated)
2.68%
Discount/Premium to NAV
0.9%
Shares outstanding
‪70.88 M‬
Expense ratio
0.29%

About Fidelity Covington Trust Fidelity Enhanced International ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Nov 20, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
FENI seeks capital appreciation by targeting common stocks within the MSCI EAFE Index. The benchmark is a market capitalization-weighted index that measures investable equity markets in developed countries, excluding the US and Canada. With the aim of potentially providing a total return that surpasses that of the Index, the fund utilizes a computer-aided, quantitative analysis that evaluates historical valuation, growth, profitability, and various other factors. In addition to capital growth, the fund engages in securities lending as an income-generating strategy. FENI converted from a mutual fund called Fidelity International Enhanced Index Fund to an actively managed ETF structure starting with $1.28 billion in net assets.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Developed Markets Ex-North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Health Technology
Stock breakdown by region
5%0.6%64%0.6%28%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.