FMDE:NYE-Fidelity Covington Trust (USD)

ETF | Others |

Last Closing

USD 29.9

Change

+2.24 (+8.10)%

Market Cap

USD 2.15B

Volume

0.30M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2025-04-09 )

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ETFs Containing FMDE

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 -8.98% 26% F 34% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -8.98% 26% F 33% F
Trailing 12 Months  
Capital Gain 0.44% 52% F 57% F
Dividend Return 0.59% 11% F 9% A-
Total Return 1.02% 42% F 46% F
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 1.97% 51% F 43% F
Dividend Return 2.00% 42% F 33% F
Total Return 0.03% 4% F 2% F
Risk Return Profile  
Volatility (Standard Deviation) 5.58% 75% C 90% A-
Risk Adjusted Return 35.79% 43% F 51% F
Market Capitalization 2.15B 93% A 68% D+

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:
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.

Below median total returns

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