Fidelity High Dividend ETF
Fidelity Covington Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity High Dividend ETF is a U.S. equity index ETF that tracks the Fidelity High Dividend Index. 15% of FDVV’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity High Dividend ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity High Dividend Index .
The fund tracks the Fidelity High Dividend Index, which selects large and mid-cap stocks ranked by composite scores within each sector based on dividend yield, payout ratio, and dividend growth, then weights sectors by their yield characteristics and individual stocks by market capitalization plus an equal overweight adjustment within sector. International stocks may comprise up to 10% of the index. The fund may lend securities to earn additional income.
| Share class | Expense ratio |
|---|---|
| FDVV | 0.15% |
Portfolio turnover 39.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.70% |
| Cash & short-term | 3.28% |
| Derivatives | 0.02% |
| Bonds | 0.01% |
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 25.2% |
| Financials | 14.9% |
| Consumer Discretionary | 13.1% |
| Consumer Staples | 9.6% |
| 9 smaller | 37.2% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
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 |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORPNVDA | 6.84% | $199.57 | $628.31M | 3.1M |
| AAPL | APPLE INCAAPL | 5.69% | $271.35 | $521.98M | 1.9M |
| MSFT | MICROSOFT CORPMSFT | 4.49% | $407.78 | $412.28M | 1.0M |
| AVGO | BROADCOM INCAVGO | 3.49% | $417.43 | $320.34M | 767.4K |
| — | Fidelity Revere Street Trust | 3.15% | — | $288.91M | — |
| JPM | JPMORGAN CHASE and COJPM | 2.57% | $313.23 | $236.05M | 753.6K |
| GOOGL | ALPHABET INCGOOGL | 2.21% | $384.80 | $202.44M | 526.1K |
| KO | COCA COLA COKO | 1.85% | $78.76 | $169.78M | 2.2M |
| PG | PROCTER and GAMBLE COPG | 1.80% | $147.09 | $165.37M | 1.1M |
| BAC | BANK OF AMERICA CORPORATIONBAC | 1.78% | $53.46 | $163.06M | 3.1M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 33.87% of net assets, top 25 56.78%, across 98 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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