Key stats
About Fidelity Covington Trust Fidelity Enhanced International ETF
Expense ratio
0.28%
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
Stocks97.09%
Finance19.03%
Health Technology12.92%
Producer Manufacturing10.41%
Electronic Technology9.17%
Consumer Non-Durables7.70%
Non-Energy Minerals4.84%
Consumer Durables4.71%
Technology Services4.62%
Retail Trade4.29%
Process Industries4.09%
Energy Minerals3.45%
Utilities2.99%
Communications2.14%
Commercial Services1.66%
Distribution Services1.56%
Transportation0.98%
Consumer Services0.81%
Industrial Services0.78%
Bonds, Cash & Other2.91%
Mutual fund3.76%
Government0.08%
Rights & Warrants0.05%
Miscellaneous0.00%
Futures−0.02%
Cash−0.97%
Stock breakdown by region
Europe59.33%
Asia27.24%
North America7.39%
Oceania5.93%
Africa0.08%
Middle East0.02%
Latin America0.00%
Top 10 holdings
Dividends
Dividend payout history