FELV ETF Analysis: Fidelity Covington Trust | NYSE
Large Value | NYSE, USA | Market Cap: 3.193m USD | 12M Return: 31% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 6.06M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 2.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Fidelity Covington Trust (FELV) is a U.S.-listed large-cap value ETF that invests at least 80% of its assets in common stocks comprising the Russell 1000® Value Index, a market-capitalization-weighted benchmark tracking the value segment of large-cap U.S. equities. Launched on April 19, 2007, the fund employs a research-driven approach, selecting holdings based on factors such as valuation, growth, and quality. As an ETF, FELV offers intraday trading flexibility and typically lower expense ratios compared to traditional mutual funds, and its focus on large-cap value stocks targets established U.S. companies trading at relatively attractive valuations relative to fundamentals.
- Russell 1000 Value Index reconstitution shifts sector weightings
- Federal Reserve rate path impacts financials sector exposure
- Value factor rotation drives AUM growth and fund flows
As of July 28, 2026, the stock is trading at USD 41.51 with a total of 186,758 shares traded. Over the past week, the price has changed by +1.27%, over one month by +3.70%, over three months by +11.98% and over the past year by +31.04%.
Current recommended Stop Loss: 41.00 (which is 1.2% or 1.4 ATR below the current price).
Fidelity Covington Trust has no consensus analysts rating.