(FENI) Fidelity Covington Trust - Ratings and Ratios
Foreign, Stocks, EAFE, Index, ETF
Description: FENI Fidelity Covington Trust
Fidelity Covington Trust (FENI) is an ETF that tracks the MSCI EAFE Index, providing investors with exposure to developed markets outside of North America. The fund invests at least 80% of its assets in common stocks included in the index, utilizing a research-driven approach to identify long-term drivers of stock returns.
With a market capitalization-weighted index, FENI provides a diversified portfolio of foreign large-cap stocks, allowing investors to tap into the growth potential of international markets. The funds investment strategy focuses on factors such as valuation, growth, quality, and other relevant metrics to drive returns.
Key performance indicators (KPIs) to monitor for FENI include its tracking error relative to the MSCI EAFE Index, expense ratio, and dividend yield. A low tracking error indicates that the fund is effectively replicating the index, while a competitive expense ratio is essential for long-term returns. The dividend yield can provide insight into the funds income generation capabilities.
Additional KPIs to consider include the funds sector allocation, geographic distribution, and holdings turnover. These metrics can help investors understand the funds underlying risks and opportunities, such as exposure to specific industries or regions. By analyzing these KPIs, investors can make informed decisions about their investment in FENI.
FENI ETF Overview
| Market Cap in USD | 3,607m |
| Category | Foreign Large Blend |
| TER | 0.28% |
| IPO / Inception | 2007-12-20 |
FENI ETF Ratings
| Growth Rating | 87.2% |
| Fundamental | - |
| Dividend Rating | 17.1% |
| Return 12m vs S&P 500 | 0.83% |
| Analyst Rating | - |
FENI Dividends
| Dividend Yield 12m | 2.78% |
| Yield on Cost 5y | 3.68% |
| Annual Growth 5y | -17.62% |
| Payout Consistency | 100.0% |
| Payout Ratio | % |
FENI Growth Ratios
| Growth Correlation 3m | 86.1% |
| Growth Correlation 12m | 79.3% |
| Growth Correlation 5y | 87.7% |
| CAGR 5y | 22.48% |
| CAGR/Max DD 5y | 1.58 |
| Sharpe Ratio 12m | 1.52 |
| Alpha | 4.84 |
| Beta | 0.771 |
| Volatility | 13.16% |
| Current Volume | 592.3k |
| Average Volume 20d | 619.2k |
| Stop Loss | 33.2 (-3.2%) |
| Signal | 0.69 |
What is the price of FENI shares?
Over the past week, the price has changed by -1.69%, over one month by +2.88%, over three months by +6.58% and over the past year by +17.94%.
Is Fidelity Covington Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FENI is around 33.90 USD . This means that FENI is currently overvalued and has a potential downside of -1.19%.
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 | 37.9 | 10.6% |
Last update: 2025-08-23 04:38
FENI Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 1.02
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 = 3.61b USD (3.61b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 3.61b)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.61b / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
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 = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(3.61b)/V(0.0) * Re(8.86%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.86% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for FENI ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle