(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 | 3,537m |
| Category | Foreign Large Blend |
| TER | 0.28% |
| IPO / Inception | 2007-12-20 |
FENI ETF Ratings
| Growth Rating | 53.2 |
| Fundamental | 45.0% |
| Dividend Rating | 17.2 |
| Rel. Strength | 2.97 |
| Analysts | - |
| Fair Price Momentum | 33.69 USD |
| Fair Price DCF | - |
FENI Dividends
| Dividend Yield 12m | 2.82% |
| Yield on Cost 5y | 3.68% |
| Annual Growth 5y | -17.62% |
| Payout Consistency | 100.0% |
| Payout Ratio | % |
FENI Growth Ratios
| Growth Correlation 3m | 86.7% |
| Growth Correlation 12m | 73.7% |
| Growth Correlation 5y | 86.4% |
| CAGR 5y | 22.01% |
| CAGR/Max DD 5y | 1.55 |
| Sharpe Ratio 12m | 1.78 |
| Alpha | 7.53 |
| Beta | 0.771 |
| Volatility | 13.03% |
| Current Volume | 1021.3k |
| Average Volume 20d | 656.3k |
| Stop Loss | 32.7 (-3.1%) |
As of August 10, 2025, the stock is trading at USD 33.75 with a total of 1,021,320 shares traded.
Over the past week, the price has changed by +3.15%, over one month by +1.90%, over three months by +9.52% and over the past year by +25.12%.
No, based on ValueRay´s Fundamental Analyses, Fidelity Covington Trust (NYSE ARCA:FENI) is currently (August 2025) a stock to sell. It has a ValueRay Fundamental Rating of 45.00 and therefor a negative outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FENI is around 33.69 USD . This means that FENI is currently overvalued and has a potential downside of -0.18%.
Fidelity Covington Trust has no consensus analysts rating.
According to our own proprietary Forecast Model, FENI Fidelity Covington Trust will be worth about 37.5 in August 2026. The stock is currently trading at 33.75. This means that the stock has a potential upside of +11.05%.
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 37.5 | 11.1% |
ValueRay Score 45.00
| 1. Piotroski 0.0pt = -5.0 |
FENI Fundamental Data Overview
[93m CCE Cash And Equivalents = unknown
[39m[93m Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
[39m Beta = 1.02
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
[93m Long Term Debt = unknown (none)
[39m[93m Short Term Debt = unknown (none)
[39m[93m Debt = unknown
[39m[93m Net Debt = unknown
[39m Enterprise Value = 3.54b USD (3.54b + (null Debt) - (null CCE))
[93m Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
[39m[93m FCF Yield = none (FCF TTM 0.0 / Enterprise Value 3.54b)
[39m[93m FCF Margin = unknown (Revenue TTM is 0)
[39m[93m Net Margin = unknown
[39m[93m Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
[39m[93m Tobins Q-Ratio = unknown (Enterprise Value 3.54b / Book Value Of Equity 0.0)
[39m 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)
[93m Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
[39m[93m Debt / Equity = unknown Debt (none)
[39m[93m Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
[39m[93m Debt / FCF = none (Debt none / FCF TTM 0.0)
[39m[93m Total Stockholder Equity = unknown
[39m[93m RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
[39m[93m RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
[39m[93m RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
[39m[93m WACC = unknown (E(3.54b)/V(0.0) * Re(8.86%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
[39m Discount Rate = 8.86% (= CAPM, Blume Beta Adj.)
[93m Fair Price DCF = unknown (Cash Flow 0.0)
[39m
Additional Sources for FENI ETF
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Fund Manager Positions: Dataroma | Stockcircle