The fund normally invests at least 80% of the fund's assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum engaged in the production of electric and/or autonomous vehicles and their components, technology, or energy systems, or engaged in other initiatives that aim to change the future of transportation.
Frequently asked questions
What is the Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF (FDRV) expense ratio?
The Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF funds expense ratio is 0.39%.
What is Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF (FDRV) current stock price?
As of the latest data, Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF stock price is $18.19, with a previous close of $18.09. Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF gained $0.10 in the last trading session, representing a 0.56% increase.
Does Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF (FDRV) pay dividends?
Yes. Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF pays quarterly dividends with an annualized yield of 1.28% and an estimated annual payout of $0.23 per share.