FELC ETF Analysis: Fidelity Covington Trust | NYSE
Large Blend | NYSE, USA | Market Cap: 8.701m USD | 12M Return: 17.9% | US3160921132 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 30.3M
Warnings
No concerns identified
Tailwinds
Seasonality 2.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Fidelity Covington Trust fund (FELC) is an exchange-traded fund that invests at least 80% of its assets in common stocks comprising the S&P 500 Index. The S&P 500 is a market capitalization-weighted benchmark of 500 U.S. large-cap companies selected based on market size, liquidity, and industry group representation. The fund applies a research-driven approach, evaluating factors such as valuation, growth, and quality to identify long-term drivers of stock performance within the index.
As an ETF listed on the NYSE, FELC provides investors with diversified exposure to U.S. large-cap equities through an index-tracking strategy complemented by fundamental research. Fidelity is one of the largest asset management firms in the world, and ETFs such as FELC typically combine the diversification of index investing with the intraday trading flexibility of listed stocks.
- S&P 500 index performance directly drives fund NAV
- Competition intensifies from low-cost S&P 500 ETF rivals
- Asset growth boosts fee revenue and operating margins
As of October 05, 2026, the stock is trading at USD 43.69 with a total of 671,099 shares traded. Over the past week, the price has changed by -0.30%, over one month by +0.31%, over three months by +4.63% and over the past year by +17.92%.
Current recommended Stop Loss: 42.80 (which is 2% or 2.3 ATR below the current price).
Fidelity Covington Trust has no consensus analysts rating.