Fidelity Enhanced International ETF
Fidelity Covington Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Enhanced International ETF is an actively managed developed international equity ETF.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity Enhanced International ETF seeks capital appreciation.
The fund invests at least 80% of assets in common stocks in the MSCI EAFE Index, a market-capitalization-weighted index of developed-market equities outside the U.S. and Canada, and applies a research-driven framework screening for valuation, growth, quality, and other factors to select a broadly diversified portfolio intended to outperform the index. Because the fund's stock selection depends on its proprietary screening process rather than full index replication, its returns may diverge from those of the MSCI EAFE Index.
| Share class | Expense ratio |
|---|---|
| FENI | 0.28% |
Portfolio turnover 73.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.45% |
| Cash & short-term | 2.42% |
| Bonds | 0.07% |
| Derivatives | 0.00% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: FAST RETAILING CO LTD, NOKIA CORP ×2, KEYENCE CORP, PRYSMIAN SPA, DISCO CORP, FURUKAWA ELECTRIC CO LTD, BE SEMICONDUCTOR INDUSTRIES NV
Largest exited: ENEL SPA, NATIONAL AUSTRALIA BANK LTD, ENI SPA, SPOTIFY TECHNOLOGY SA, SHIONOGI and CO LTD, CRH PLC, AEON CO LTD, HEIDELBERG MATERIALS AG
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | ASML HOLDING NV | 4.05% | $1,966.87 | $416.88M | 212.0K |
| — | NESTLE SA | 1.74% | $102.82 | $179.06M | 1.7M |
| — | SIEMENS AG | 1.61% | $321.24 | $165.31M | 514.6K |
| — | Fidelity Revere Street Trust | 1.53% | — | $157.50M | — |
| — | TOKYO ELECTRON LTD | 1.44% | $474.49 | $147.72M | 311.3K |
| — | ROCHE HOLDING AG | 1.39% | $411.88 | $142.53M | 346.0K |
| — | ABB LTD | 1.32% | $108.39 | $136.18M | 1.3M |
| — | HSBC HOLDINGS PLC | 1.31% | $18.98 | $134.50M | 7.1M |
| — | IBERDROLA SA | 1.21% | $24.95 | $124.75M | 5.0M |
| — | BANCO BILBAO VIZCAYA ARGENTARIA S.A | 1.20% | $24.99 | $123.29M | 4.9M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 16.79% of net assets, top 25 31.98%, across 367 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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