FENI ETF Analysis: Fidelity Covington Trust | NYSE
Foreign Large Blend | NYSE, USA | Market Cap: 11.426m USD | 12M Return: 15.2% | US31609A4040 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 57.5M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
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 (FENI) is an ETF that primarily invests in common stocks of companies included in the MSCI EAFE Index, which tracks large- and mid-cap equity performance across developed markets outside the U.S. and Canada, such as Western Europe, Japan, and Australia. The fund is required to allocate at least 80% of its assets to these stocks, giving investors broad exposure to international developed economies.
The fund uses a research-driven investment approach, focusing on long-term factors like valuation, growth, and quality to select and weight holdings. As a foreign large blend ETF, FENI targets large-cap stocks across multiple sectors in developed international markets, offering diversification beyond the U.S. and Canada. The fund launched in December 2007.
- USD strength pressures EAFE index returns
- ECB and BOJ policy shifts drive European and Japanese equities
- Fund flows favor international developed market ETFs
As of October 06, 2026, the stock is trading at USD 40.06 with a total of 1,270,043 shares traded. Over the past week, the price has changed by -0.67%, over one month by -2.62%, over three months by -1.06% and over the past year by +15.24%.
Current recommended Stop Loss: 39.00 (which is 2.6% or 2.4 ATR below the current price).
Fidelity Covington Trust has no consensus analysts rating.