FESM:NSD-Fidelity Covington Trust (USD)

ETF | Others |

Last Closing

USD 33.76

Change

+0.12 (+0.36)%

Market Cap

USD 1.17B

Volume

0.16M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund will normally invest at least 80% of assets in common stocks included in the Russell 2000® Index, which is a market capitalization-weighted index designed to measure the performance of the small-cap 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-01-29 )

Largest Industry Peers for Others

Symbol Name Price(Change) Market Cap
IBIT iShares Bitcoin Trust

+1.76 (+3.06%)

USD 54.00B
QQQM Invesco NASDAQ 100 ETF

-0.37 (-0.17%)

USD 38.66B
JEPQ JPMorgan Nasdaq Equity Premium..

-0.15 (-0.26%)

USD 20.93B
ACWI iShares MSCI ACWI ETF

-0.36 (-0.30%)

USD 19.52B
CGABL The Carlyle Group Inc. 4.625% ..

-0.16 (-0.84%)

USD 16.14B
NVDL GraniteShares 1.5x Long NVDA D..

-4.59 (-8.07%)

USD 5.86B
TBIL Rbb Fund Inc - Us Treasury 3 M..

N/A

USD 4.78B
TSLL Direxion Shares ETF Trust - Di..

-1.21 (-4.66%)

USD 4.68B
ETHA iShares Ethereum Trust ETF

+0.36 (+1.54%)

USD 3.75B
USCL iShares Climate Conscious & Tr..

-0.28 (-0.38%)

USD 2.37B

ETFs Containing FESM

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 4.36% 79% B- 70% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.36% 79% B- 70% C-
Trailing 12 Months  
Capital Gain 22.55% 79% B- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 22.55% 78% C+ 71% 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 0.06% 41% F 39% F
Dividend Return 0.06% 33% F 34% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 1.13% 97% N/A 100% F
Risk Adjusted Return 5.23% 34% F 37% F
Market Capitalization 1.17B 92% A 73% C

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.