(FENI) Fidelity Covington Trust - Overview
ETF Category: Foreign Large Blend | Exchange: NYSE ARCA (USA) | Market Cap: 9.754m USD | Total Return: 26.6% in 12m
Avg Turnover: 53.3M
Warnings
Choppy
Tailwinds
No distinct edge detected
FENI is an exchange-traded fund that primarily invests in common stocks within the MSCI EAFE Index, targeting developed markets outside of the United States and Canada. The fund employs a research-driven strategy that evaluates long-term performance drivers such as valuation, growth, and quality factors.
The Foreign Large Blend sector typically provides exposure to established international corporations, offering diversification across European and Pacific regions. This business model focuses on market capitalization-weighted equity to reflect the performance of broad investable markets in mature economies. To better understand these underlying fundamentals, you may find it useful to examine the metrics on ValueRay.
- European and Japanese economic growth cycles dictate underlying asset valuations
- Shifting monetary policy in developed markets influences non-U.S. equity risk premiums
- Foreign exchange volatility impacts net asset value through unhedged international exposure
- Institutional capital flows into factor-based strategies affect daily trading volume
- Relative performance of MSCI EAFE constituents determines fund expense ratio efficiency
As of June 01, 2026, the stock is trading at USD 40.34 with a total of 1,326,125 shares traded.
Over the past week, the price has changed by +0.75%,
over one month by +2.72%,
over three months by +1.70% and
over the past year by +26.57%.
Fidelity Covington Trust has no consensus analysts rating.