FLRG:NYE-Fidelity Covington Trust - Fidelity U.S. Multifactor ETF (USD)

ETF | Others |

Last Closing

USD 35.17

Change

-0.11 (-0.30)%

Market Cap

USD 0.18B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index". The Fidelity U.S. Multifactor Index" is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-13 )

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ETFs Containing FLRG

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 26.42% 88% B+ 82% B
Dividend Return 1.23% 27% F 23% F
Total Return 27.65% 87% B+ 81% B-
Trailing 12 Months  
Capital Gain 32.59% 85% B 78% C+
Dividend Return 1.62% 30% F 22% F
Total Return 34.22% 84% B 77% C+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 7.83% 82% B 61% D-
Dividend Return 8.86% 82% B 57% F
Total Return 1.02% 48% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 12.37% 38% F 74% C
Risk Adjusted Return 71.58% 80% B- 85% B
Market Capitalization 0.18B 71% C- 35% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.