Fidelity Covington Trust - Enhanced Large Cap Value ETF Price & Performance (FELV)

The Fidelity High Dividend ETF has diversified holdings, with 42% in large-cap companies and 30% in giant companies. Its portfolio leans value-oriented, with a notable 22% allocation to information technology. The ETF also boasts a low expense ratio of 0.16%, appealing to cost-conscious investors.1

The Fidelity Cloud Computing ETF invests in global companies within cloud infrastructure and software sectors. With a focus on growth and value stocks, it tracks the Fidelity Cloud Computing Index. The fund's assets total $82.38 million, and it has a quarterly dividend distribution.2

An emerging markets strategy fund reported a 12.6% year-to-date return, alongside a 19.9% one-year return. However, its three-year performance remains negative at -0.9%. The fund's risk-adjusted return (M-Squared) stands at 8.64%, reflecting cautious optimism amid volatile market conditions.3