(FESM) Fidelity Covington Trust - Ratings and Ratios
Small, Cap, Equity, Index
Dividends
| Dividend Yield | 0.99% |
| Yield on Cost 5y | 1.56% |
| Yield CAGR 5y | 1844.44% |
| Payout Consistency | 83.3% |
| Payout Ratio | - |
| Risk via 10d forecast | |
|---|---|
| Volatility | 20.6% |
| Value at Risk 5%th | 33.2% |
| Relative Tail Risk | -2.29% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.40 |
| Alpha | -2.66 |
| CAGR/Max DD | 0.92 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.467 |
| Beta | 1.042 |
| Beta Downside | 1.091 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.93% |
| Mean DD | 5.28% |
| Median DD | 3.48% |
Description: FESM Fidelity Covington Trust November 11, 2025
The Fidelity Covington Trust Small-Cap ETF (NASDAQ: FESM) commits at least 80% of its net assets to common stocks that are constituents of the Russell 2000® Index, a market-cap-weighted benchmark that tracks the U.S. small-cap equity segment. The manager employs a research-driven framework that screens for long-term return drivers such as valuation metrics, growth momentum, quality scores, and other factor-based signals.
Key quantitative details (as of the latest filing) include an expense ratio of 0.15%, total assets under management of roughly $1.2 billion, and an average daily trading volume of about 1.1 million shares. The fund’s performance is closely tied to domestic economic conditions: small-cap earnings tend to benefit from robust consumer spending, a resilient labor market, and a moderate interest-rate environment, while sectors like technology and industrials typically dominate its holdings.
For a deeper, data-rich analysis of FESM’s factor exposures and risk profile, you might explore the metrics available on ValueRay to inform your next research step.
What is the price of FESM shares?
Over the past week, the price has changed by +1.49%, over one month by +3.86%, over three months by +7.65% and over the past year by +12.96%.
Is FESM a buy, sell or hold?
What are the forecasts/targets for the FESM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 49.4 | 27.5% |
FESM Fundamental Data Overview December 05, 2025
Beta = 1.28
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.15b USD (3.15b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.15b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.15b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.86% (E(3.15b)/V(3.15b) * Re(9.86%) + (debt-free company))
Discount Rate = 9.86% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FESM ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle