FESM | Fidelity Covington Trust | Enhanced Small Cap ETF Overview

(Stock Exchange: AMEX)

Day's Range	32.52 - 32.89
52 Week Range	26.60 - 36.13
Beta	N/A
Implied Volatility	N/A
IV Rank	N/A
Day's Volume	198,607
Average Volume	150,993
Shares Outstanding	33,932,148
Inception Date	2023-11-20

Assets	1,054,147,515
Asset Class	Equity
Expense Ratio	N/A
P/E Ratio	16.16
EPS	2.03
Dividend Yield	0.81%
Dividend Per Share	0.27
Dividend ExDate	N/A
Dividend PayDate	N/A

FESM seeks capital appreciation by targeting common stocks within the Russel 2000 Index. The benchmark is a market capitalization-weighted index, specifically intended to evaluate the small-cap sector of the US equity market. Investments may also include foreign stocks. With the aim of potentially providing a total return that surpasses that of the Index, the fund utilizes a computer-aided, quantitative analysis that evaluates historical valuation, growth, profitability, and various other factors. In addition to capital growth, the fund engages in securities lending as an income-generating strategy. FESM converted from a mutual fund called Fidelity Small Cap Enhanced Index Fund to an actively managed ETF structure starting with $435 million in net assets.

*Chart delayed

Watching at FESM technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, but short-term trend is bearish. More technicals details can be found on FESM Technicals page.