FELV ETF Analysis: Fidelity Covington Trust | NYSE
US Equity | NYSE, USA | Market Cap: 3.646m USD | 12M Return: 30.1% | US31609A1079 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.7M
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.
Fidelity Covington Trust (FELV) is an exchange-traded fund that primarily invests in large-cap U.S. value stocks, allocating at least 80% of its assets to common stocks within the Russell 1000 Value Index. The fund uses a research-driven investment approach, evaluating long-term return drivers such as valuation, growth, and quality to select holdings. As a passive index-tracking ETF in the large-value category, FELV offers investors exposure to established U.S. companies trading at relatively lower valuations compared to their growth-oriented counterparts.
- Russell 1000 Value rotation accelerates as growth stocks stall
- Financial sector holdings gain from higher long-term interest rates
- ETF inflows surge as investors seek value stock dividends
As of November 01, 2026, the stock is trading at USD 42.94 with a total of 426,079 shares traded. Over the past week, the price has changed by +0.42%, over one month by +3.42%, over three months by +3.25% and over the past year by +30.06%.
Current recommended Stop Loss: 42.30 (which is 1.5% or 2 ATR below the current price).
Fidelity Covington Trust has no consensus analysts rating.