Key stats
About Fidelity Covington Trust Fidelity Enhanced International ETF
Expense ratio
0.29%
Home page
Inception date
Nov 20, 2023
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Producer Manufacturing
Stocks97.85%
Finance21.92%
Health Technology13.11%
Producer Manufacturing10.20%
Electronic Technology9.88%
Consumer Non-Durables7.95%
Technology Services7.47%
Non-Energy Minerals4.82%
Utilities4.73%
Retail Trade4.57%
Consumer Durables3.05%
Process Industries2.16%
Transportation2.13%
Energy Minerals1.69%
Communications1.52%
Commercial Services0.84%
Distribution Services0.65%
Industrial Services0.47%
Consumer Services0.29%
Health Services0.10%
Bonds, Cash & Other2.15%
Mutual fund2.35%
Government0.09%
Rights & Warrants0.02%
Futures0.01%
Cash−0.31%
Stock breakdown by region
Europe56.94%
Asia28.59%
North America7.68%
Oceania6.72%
Middle East0.07%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history