Fidelity MSCI Energy Index ETF

FIDELITY COVINGTON TRUST · 1 share class

U.S. equity index ETF
One fund, 1 share class:FENY
$2.03B NAV
100 positions · as of 2026-04-30 · filed 2026-06-23

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity MSCI Energy Index ETF is a U.S. equity index ETF that tracks the MSCI USA IMI Energy 25/50 Index. 12% of FENY’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 94% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q4

Fidelity MSCI Energy Index ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Energy 25/50 Index.

Strategy · summarised

The fund tracks the MSCI USA IMI Energy 25/50 Index, which comprises U.S. energy companies engaged in oil and gas exploration, production, refining, transportation, coal, and related services and equipment. It uses representative sampling, selecting a subset of index securities expected to match the index's market capitalization, industry weightings, and fundamental characteristics rather than holding all constituents. Because the fund may not hold all index securities, its performance may diverge from the index.

Expenses
0.08%one share class
Share classExpense ratio
FENY0.08%

Portfolio turnover 7.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.94%
of net assets
Stocks99.69%
Cash & short-term0.25%
Derivatives0.01%

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

100%
of net assets
Energy98.5%
International1.1%
Cash0.2%
Other0.2%

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

Revenue growth
12%of stock holdings in top-quartile growers
covering 94% of the fund’s equity
Earnings growth
16%of stock holdings in top-quartile growers
covering 83% of the fund’s equity

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

2026Q2 vs 2026Q1: 3 new2 exited

New: DEC, WBI, Chicago Mercantile Exchange

Exited: NFE, Chicago Mercantile Exchange

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+55.54%
3-year
+58.99%
5-year
+196.43%
Volatility
17.58%
Worst 3-yr fall
-15.15%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Exxon Mobil CorpXOM21.03%$426.31M
Chevron CorpCVX14.48%$293.51M
ConocoPhillipsCOP6.09%$123.41M
The Williams Cos IncWMB3.62%$73.37M
SLB LtdSLB3.31%$67.02M
Valero Energy CorpVLO3.05%$61.89M
EOG Resources IncEOG2.97%$60.26M
Marathon Petroleum CorpMPC2.94%$59.60M
Phillips 66PSX2.82%$57.10M
Baker Hughes CoBKR2.68%$54.39M
Showing 10 of 100Sign in to see more

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 62.98% of net assets, top 25 85.49%, across 100 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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