Fidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity ETFFEAC

FidelityUS Stock StylesLarge Cap#317 of 701 by YTD

$33.01

+1.6% last session

+14.4% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 4, 2026FEACS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.6%	−1.6%	−0.9%	+14.4%	+15.4%	—	—	+32.6%
Peer average	+1.1%	−1.2%	−0.5%	+12.3%	+13.1%	+76.8%	+60.9%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $16M
Expense ratio: 0.18%
Distribution yield: 0.8%
NAV: $32.51
Volume: 1K
Avg. volume 30D: 2K
High today: $33.01
Low today: $32.49
Previous close: $32.49
52-week high: $34.05
52-week low: $26.95
Our risk indicator: 4/5

FEAC in One Breath

FEAC Among Large Cap ETFs

YTD

#1NRGUREX Microsectors+191.2%$96.0M

#2RSSYReturn Stacked+33.6%$101M

#3SMRIBushido+33.5%$703M

#4MAKXProShares+33.0%$4.9M

#5FLOWGlobal X+31.0%$36.5M

#6CSDInvesco+30.0%$209M

#7LSAFLeader Shares+29.9%$133M

#8EKGFirst Trust+29.2%$9.4M

#76FEACFidelity+14.4%$16.4M

End-of-day Nov 5, 2026 · 263 Large cap ETFs by YTD

$10,000 in FEAC

$10,000 in FEAC became

$13,257

In the S&P 500 (VOO)

$13,231

Total return, dividends in · Nov 21, 2024 – Nov 4, 2026 · S&P 500 uses VOO

FEAC’s Top Holdings

Today

NVDANvidia7.2%AAPL7.2%MSFT4.6%GOOGL3.0%AMZN2.6%AVGO2.6%LLY2.2%BRK-B2.0%MU1.8%ABBV1.4%META1.3%CSCO1.1%RTX1.0%CRWD1.0%GE1.0%APH1.0%GILD1.0%0Y3K.L0.9%V0.9%SCHW0.9%TSLA0.9%UBER0.9%

NVDANvidia7.2%AAPL7.2%MSFT4.6%GOOGL3.0%AMZN2.6%AVGO2.6%LLY2.2%BRK-B2.0%MU1.8%ABBV1.4%META1.3%CSCO1.1%

TechnologyFinancial ServicesHealthcareIndustrialsCommunication ServicesConsumer Cyclical

Fidelity FEAC · 418 holdings · top 22 shown · tile size = share of the fund · as of Nov 4, 2026

What FEAC Holds

Today

Technology33.5%

NVDA 7.2 · AAPL 7.2 · MSFT 4.6 · AVGO 2.6 · MU 1.8 · CSCO 1.1 · CRWD 1.0

Financial Services11.7%

BRK-B 2.0 · V · SCHW · SPGI · PGR · CME · BNY

Healthcare9.5%

LLY 2.2 · ABBV 1.4 · GILD · BMY · REGN · ANTM · PFE

Industrials7.5%

RTX 1.0 · GE 1.0 · 0Y3K.L · TT · HWM · MMM · GD

Communication Services6.3%

GOOGL 3.0 · META 1.3 · T · GOOG · CMCSA

Consumer Cyclical5.4%

AMZN 2.6 · TSLA · GM · ABNB · F · ROST · EXPE

Basic Materials2.6%

0Y7S.L · FCX · ECL · NUE · CRH.L

Fidelity FEAC · share of the fund by sector · as of Nov 4, 2026

Nvidia’s Share of FEAC

Today

7.2%

$72 of every $1,000 in FEAC is Nvidia

Nvidia held by FEAC

$1.2M

Most Nvidia per dollar

SMH20.6%

SMHX20.1%

GXPT19.9%

FDG19.0%

Fidelity FEAC · each square = $10 of $1,000 · as of Nov 4, 2026

FEAC’s Share of Large Cap ETFs

Today

0.0%

of the $850B in 307 Large cap ETFs

FEAC$16.4M0.0%

DFAC$87.6B10.3%

IWB$47.8B5.6%

304 others$715B84.1%

Large cap ETF AUM · Nov 5, 2026

FEAC Fee per $100 vs Peers

Today

$0.18a year
per $100

$18 a year on $10,000

SCHB$0.03

IWB$0.15

DIA$0.16

DCOR$0.17

FEAC$0.18

DFAC$0.21

Expense ratio · Large cap peers · Nov 5, 2026

Inside FEAC

418 holdings · as of Nov 4, 2026

FEAC

Fidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity ETF

Today

Technology33.5%NVDA7.2%AAPL7.2%MSFT4.6%AVGOMU CSCO18 moreFinancial Services11.7%V SCHWSPGIPGR13 moreHealthcare9.5%LLYABBVGILDBMYREGNANTM9 moreIndustrials7.5%RTXGETT HWM7 moreCommunication Services6.3%GOOGLMETAConsumer Cyclical5.4%AMZNGM ABNBFCXXOMMPCBKRPG Other19.8%

#	Ticker	Company	Weight ▼
1	NVDA	Nvidia	7.24%
2	AAPL	Apple	7.19%
3	MSFT	Microsoft	4.59%
4	GOOGL	Alphabet	2.97%
5	AMZN	Amazon	2.61%
6	AVGO	Broadcom	2.57%
7	LLY	ELI Lilly &	2.22%
8	BRK-B	Berkshire Hathaway	2.04%
9	MU	Micron Technology	1.76%
10	ABBV	Abbvie	1.36%

TechnologyFinancial ServicesHealthcareIndustrialsCommunication ServicesConsumer CyclicalBasic MaterialsEnergyConsumer DefensiveUtilitiesOther

Fidelity FEAC · current holdings by weight · as of Nov 4, 2026 · each tile is one holding · top 20 = 44.6%

How It Compares

FEAC

Fidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity ETF’s Peers


DFAC	DimensionalRead Desk	0.21%	+17.7%	+15.8%	$87.6B
IWB	iSharesRead Desk	0.15%	+13.2%	+13.0%	$47.8B
DIA	SPDRRead Desk	0.16%	+14.2%	+12.2%	$45.1B
DCOR	DimensionalRead Desk	0.17%	+17.4%	+15.9%	$45.0B
SCHB	SchwabRead Desk	0.03%	+13.3%	+13.3%	$44.0B
FEAC	FidelityThis fundRead Desk	0.18%	+15.4%	+14.4%	$16M

Large cap peers · Past-year and ytd returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put FEAC head to head with DFAC →

DFAC vs FEAC

YTD

DFACDimensional · Large capFEACFidelity · Large cap

Year to date

+15.8%

+14.4%

DFAC wins+1.4 pts

Past year

+17.7%

+15.4%

DFAC wins+2.3 pts

Fee

0.21%

0.18%

FEAC winslower fee

Yield

0.9%

0.8%

DFAC wins+0.0 pts

AUM

$87.6B

$16.4M

DFAC5343.3× more

3–1DFAC wins

Dimensional DFAC and Fidelity FEAC · year-to-date · as of Nov 5, 2026 · AUM not scored

FEAC vs VOO

FEAC · Fidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity

+15.4%

VOO · S&P 500

+13.5%

Gap

1.9 pts

Fidelity FEAC and Vanguard VOO · 1Y total return · as of Nov 5, 2026

FEAC vs Its Peer Average

YTD

FEACAvsBPeer average

1D+1.6%+1.1%

1M−1.6%−1.2%

3M−0.9%−0.5%

YTD+14.4%+12.3%

1Y+15.4%+13.1%

3Y[…]+76.8%

5Y[…]+60.9%

3–2FEAC wins

306 Large cap peers · each row scaled to its leader

The Details

FEAC

Risk

4/5our risk indicator

CalmerBumpier

Volatility · 1Y13.76%

Deepest drop · 1Y−8.2%

Lowest point · 5Y−16.7%

52-week range

$33.01

$26.95−3.1% from the high$34.05

Fidelity FEAC · past-year price moves · as of Nov 5, 2026

FEAC

Fund Facts

Today

2024launched Nov 19

Tracks[…]

Exchange · CUSIPAMEX · 31609A701

StructureETF

Leverage1x

Cost on $10,000$18 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Fidelity FEAC · fund facts · as of Nov 5, 2026

FEAC

Payouts by Year

$0.0830per share, Sep 2026

Distribution yield0.8%

PaidEvery quarter

Latest ex-date · paidSep 18 · Sep 22, 2026

8 payouts added up$0.49 a share

Fidelity FEAC · distributions by ex-date · 2024–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-06-30 ↗SEC reported portfolio · 2026-03-31 ↗SEC reported portfolio · 2025-12-31 ↗SEC reported portfolio · 2025-09-30 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-06-30 ↗SEC reported portfolio · 2025-03-31 ↗SEC reported portfolio · 2024-12-31 ↗summary prospectus · SEC 497K ↗

Trading & Liquidity

Net asset value$32.51

Premium / discount[…]

Median spread · 30D[…]

Volume today1K

Average volume · 30D2K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.18%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$18.00

Our risk indicator4/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Sep 18, 2026	Sep 22, 2026	$0.0830
Jun 18, 2026	Jun 23, 2026	$0.0490
Mar 20, 2026	Mar 24, 2026	$0.0750
Dec 19, 2025	Dec 23, 2025	$0.0640
Sep 19, 2025	Sep 23, 2025	$0.0620
Jun 20, 2025	Jun 24, 2025	$0.0760
Mar 21, 2025	Mar 25, 2025	$0.0720
Dec 30, 2024	Jan 2, 2025	$0.0040

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