The fund normally invests at least 80% of its assets in securities included in the Fidelity U.S. Multifactor Index". The Fidelity U.S. Multifactor Index" is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility than the broader market.
Frequently asked questions
What is the Fidelity Covington Trust - Fidelity U.S. Multifactor ETF (FLRG) expense ratio?
The Fidelity Covington Trust - Fidelity U.S. Multifactor ETF funds expense ratio is 0.15%.
What is Fidelity Covington Trust - Fidelity U.S. Multifactor ETF (FLRG) current stock price?
As of the latest data, Fidelity Covington Trust - Fidelity U.S. Multifactor ETF stock price is $42.01, with a previous close of $41.71. Fidelity Covington Trust - Fidelity U.S. Multifactor ETF gained $0.30 in the last trading session, representing a 0.72% increase.
Does Fidelity Covington Trust - Fidelity U.S. Multifactor ETF (FLRG) pay dividends?
Yes. Fidelity Covington Trust - Fidelity U.S. Multifactor ETF pays quarterly dividends with an annualized yield of 1.4% and an estimated annual payout of $0.59 per share.
When is the next ex-dividend date for Fidelity Covington Trust - Fidelity U.S. Multifactor ETF (FLRG)?
The next ex-dividend date is scheduled for September 18, 2026.
