Back

Fidelity Covington Trust

Ticker: FELG ISIN: US31609A3059
Add to portfolio Portfolio analysis in 2min
ETF Low-cost Concentrated top holdings Tech-heavy
Morningstar
★★★★
TER
0.18%
Fund size
$5.19B
Holdings
48
Top 10
61.6%
Issuer
Fidelity Investments
$43.45 -0.96%
Price as of 2026-08-24 · NYSE ARCA

Performance by timeframe

Rolling returns
1 Month +3.51%
6 Months +10.57%
1 Year +12.08%
Since inception +22.35% p.a.+74.50%
Calendar year returns
YTD +4.39%
2025 +18.44%
2024 +35.45%

Key stats

AUM
5.19B
Expense ratio
0.18%
Holdings
48
1Y return
12.08%
Volatility (1Y)
17.37%
52-week range
28.54 - 43.14
Section 1

Fund overview

Fund profile data from fundamentals.

The fund will invest at least 80% of assets in common stocks included in the Russell 1000® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the large-cap growth 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. The fund is non-diversified.

Category Large Growth
Issuer Fidelity Investments
Domicile USA
Section 2

Exposure breakdown

Tech-heavy

Exposure breakdown shows how the fund is allocated across assets, sectors, regions, and size buckets.

Asset allocation

Stock US
99.10%
Cash
1.40%
Stock non-US
0.00%

Sectors

Technology
53.01%
Communication Services
13.86%
Consumer Cyclicals
11.46%
Industrials
7.24%
Healthcare
7.07%
Financial Services
4.70%
Energy
1.18%
Consumer Defensive
0.97%

Regions

North America
100.00%
United Kingdom
0.00%

Market cap mix

Mega
66.04%
Big
20.37%
Medium
9.11%
Small
3.33%
Micro
0.24%
Section 3

Top holdings

Concentrated top holdings

Top holdings show which underlying securities drive the fund most.

NVIDIA Corporation
13.89%
Apple Inc
11.39%
Microsoft Corporation
8.33%
Broadcom Inc
5.95%
Amazon.com Inc
4.72%
Meta Platforms Inc.
4.21%
Alphabet Inc Class A
4.11%
Alphabet Inc Class C
3.43%
Tesla Inc
3.27%
Eli Lilly and Company
2.28%
Section 4

Performance & risk

Historical return and risk indicators over fixed windows.

Returns

YTD return -73.00%
1M return 3.51%
6M return 10.57%
1Y return 12.08%
3Y return 25.05%
5Y return 13.47%
10Y return 17.12%

Risk

Volatility (1Y) 17.37%
Volatility (3Y) 15.15%
Sharpe ratio (3Y) 1.03
Beta 1.15
52-week range 28.54 - 43.14
Section 5

Portfolio characteristics

Fund concentration and composition metrics from source fields.

Overview

Holdings count 48
Top 10 weight 61.58%
Expense ratio 0.18%
Fund size 5.19B
Turnover 0.00%
Avg. market cap 791.94K

Details

Instrument metadata and source update timestamps.

Symbol FELG
Name Fidelity Covington Trust
Asset type ETF
Exchange NYSE ARCA
Currency USD
ISIN US31609A3059
Country USA
Code + exchange FELG.NYSE ARCA
Last price date 2026-04-16
Fundamentals updated 2026-04-17

The information provided on this platform is for informational purposes only and should not be considered as financial or investment advice. Insightfolio does not provide investment advice, personalized recommendations, or guidance regarding the purchase, holding, or sale of financial assets. The tools and content are intended for educational purposes only and are not tailored to individual circumstances, financial needs, or objectives.

Insightfolio assumes no liability for the accuracy, completeness, or reliability of the information presented. Users are solely responsible for verifying the information and making independent decisions based on their own research and careful consideration. Use of the platform should not replace consultation with qualified financial professionals.

Investments involve risks. Users should be aware that the value of investments may fluctuate and that past performance is not an indicator of future results. Investment decisions should be based on personal financial goals, risk tolerance, and independent evaluation of relevant information.

Insightfolio does not endorse or guarantee the suitability of any particular financial product, security, or strategy. Any projections, forecasts, or hypothetical scenarios presented on the platform are for illustrative purposes only and are not guarantees of future outcomes.

By accessing the services, information, or content offered by Insightfolio, users acknowledge and agree to these terms of the disclaimer. If you do not agree to these terms, please do not use our platform.

Instrument logos provided by Elbstream.