(FENI) Fidelity Covington Trust - Overview
Etf: Stocks, EAFE, Index, MSCI, Developed
Dividends
| Dividend Yield | 3.27% |
| Yield on Cost 5y | 4.63% |
| Yield CAGR 5y | 31.77% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 14.3% |
| Relative Tail Risk | 3.19% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.93 |
| Alpha | 28.99 |
| Character TTM | |
|---|---|
| Beta | 0.705 |
| Beta Downside | 0.674 |
| Drawdowns 3y | |
|---|---|
| Max DD | 14.20% |
| CAGR/Max DD | 1.91 |
Description: FENI Fidelity Covington Trust January 12, 2026
The Fidelity Covington Trust International ETF (NYSE ARCA:FENI) aims to allocate at least 80% of its net assets to common stocks that are constituents of the MSCI EAFE Index, a cap-weighted benchmark covering large- and mid-cap equities in developed markets outside the United States and Canada.
Key quantitative metrics (as of the most recent filing) include an expense ratio of 0.30%, total assets under management of roughly $1.2 billion, and a 12-month trailing dividend yield near 2.1%. The fund’s sector tilt leans toward financials (≈22% of assets) and consumer discretionary (≈18%), reflecting the composition of the underlying MSCI EAFE index.
From a macro perspective, the ETF’s performance is sensitive to Eurozone GDP growth, Japanese monetary policy, and the EUR/JPY exchange rate, as these factors drive earnings trends in the index’s top economies. A recent shift toward higher-quality, lower-valuation stocks in Europe-driven by tighter fiscal policy and rising interest rates-has been a focal point of the adviser’s research-driven stock-selection framework.
For a deeper, data-rich analysis of FENI’s risk-adjusted returns and factor exposures, you might find the free tools on ValueRay useful.
What is the price of FENI shares?
Over the past week, the price has changed by +2.84%, over one month by +6.36%, over three months by +13.37% and over the past year by +41.72%.
Is FENI a buy, sell or hold?
What are the forecasts/targets for the FENI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 48.5 | 20.7% |
FENI Fundamental Data Overview February 07, 2026
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 = 7.35b USD (7.35b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 7.35b)
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 7.35b / 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 = 8.51% (E(7.35b)/V(7.35b) * Re(8.51%) + (debt-free company))
Discount Rate = 8.51% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)