Fidelity Covington Trust - Fidelity Dividend ETF for Rising Rates
FDRR
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+ FollowShare Statistics
| Market cap | $26.25 Billion |
|---|---|
| Enterprise Value | - |
| Dividend Yield | $1.41 (2.19%) |
| Earnings per Share | $- |
| Beta | 0.87 |
| Outstanding Shares | - |
Return
| Return on Equity | NaN% |
|---|---|
| Return on Assets | NaN% |
| Return on Invested Capital | NaN% |
Valuation & Multiples
| P/E Ratio | - |
|---|---|
| PEG | - |
| Price to Sales | - |
| Price to Book Ratio | - |
| Enterprise Value to Revenue | - |
| Enterprise Value to EBIT | - |
| Enterprise Value to Net Income | - |
| Total Debt to Enterprise | - |
| Debt to Equity | - |
Revenue Sources
No data
Insider Trades
Institutional Put/Call Ratio
Market sentiment based on institutional option activity.
| Put/Call Ratio | 0.00000% |
|---|---|
| Total Calls | - |
| Total Puts | 10,200▲ Infinity% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 35.41%▲ 1.67% |
|---|---|
| Total Invested | $217.73M▼ 2.72% |
| Investors Holding | 111▼ 1.00% |
ESG Score
No data
About Fidelity Covington Trust
Relevant Senate Committees
This committee's role in developing and analyzing tax legislation, including revenue estimates, directly impacts corporate tax structures and the overall tax burden on financial markets, which is critical for a dividend-focused ETF.
This powerful committee controls taxation, which directly impacts corporate profitability (and thus dividends) and investor returns (capital gains), making it highly relevant to the valuation and environment of a dividend-focused ETF.
This committee directly regulates the entire financial system, including the SEC (which oversees ETFs) and the Fed (which dictates interest rates, a core component of this ETF's strategy), providing direct influence and non-public information.