(FELC) Fidelity Covington Trust - Ratings and Ratios
Equity Fund, S&P 500, Large Cap, Index Tracking
| Risk via 10d forecast | |
|---|---|
| Volatility | 19.3% |
| Value at Risk 5%th | 32.9% |
| Relative Tail Risk | 3.75% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.43 |
| Alpha | -0.50 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.450 |
| Beta | 0.952 |
| Beta Downside | 0.970 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.59% |
| Mean DD | 2.00% |
| Median DD | 0.79% |
Description: FELC Fidelity Covington Trust November 06, 2025
The Fidelity Covington Trust ETF (NYSE ARCA:FELC) is a U.S.–focused large-blend fund that commits at least 80% of its capital to common stocks that are constituents of the S&P 500® Index, a market-cap-weighted benchmark designed to capture broad U.S. equity performance. The manager employs a research-driven, factor-based process that screens for long-term return drivers such as valuation, growth, and quality, while remaining flexible to incorporate additional signals as needed.
Key quantitative snapshots (as of the most recent filing):
• Expense ratio: 0.10% (below the average 0.15% for large-blend ETFs).
• Assets under management (AUM): ≈ $2.3 billion, placing it in the top quartile of its category by size.
• 30-day average trading volume: ≈ 1.1 million shares, indicating solid liquidity.
Economic backdrop: the fund’s performance is closely tied to macro-drivers that affect the S&P 500, notably U.S. GDP growth (≈ 2.5% annualized YoY) and the Federal Reserve’s policy stance on interest rates, which influences equity valuations across sectors. Sector exposure is weighted toward information technology (≈ 27%) and health care (≈ 13%), both of which have shown resilience in a low-inflation environment.
For a deeper, data-driven look at FELC’s risk-adjusted profile and comparative metrics, you might explore its analytics on ValueRay.
FELC ETF Overview
| Market Cap in USD | 5,583m |
| Category | Large Blend |
| TER | 0.18% |
| IPO / Inception | 2007-04-19 |
| Return 12m vs S&P 500 | -0.75% |
| Analyst Rating | - |
FELC Dividends
| Metric | Value |
|---|---|
| Dividend Yield | 0.99% |
| Yield on Cost 5y | 1.45% |
| Yield CAGR 5y | 3290.00% |
| Payout Consistency | 83.3% |
| Payout Ratio | - |
FELC Growth Ratios
| Metric | Value |
|---|---|
| CAGR 3y | 21.40% |
| CAGR/Max DD Calmar Ratio | 1.15 |
| CAGR/Mean DD Pain Ratio | 10.70 |
| Current Volume | 2832.7k |
| Average Volume | 897.2k |
What is the price of FELC shares?
Over the past week, the price has changed by -3.22%, over one month by -2.97%, over three months by +2.30% and over the past year by +11.01%.
Is FELC a buy, sell or hold?
What are the forecasts/targets for the FELC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 51.3 | 41.2% |
FELC Fundamental Data Overview November 19, 2025
Beta = 0.98
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 = 5.58b USD (5.58b + (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 5.58b)
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 5.58b / 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 = 9.52% (E(5.58b)/V(5.58b) * Re(9.52%) + (debt-free company))
Discount Rate = 9.52% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FELC ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle