FDRV
+0.83 · +5.10%
$17.02 · BATS

Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF (FDRV) ETF Analysis | Global Large-Stock Growth

Fidelity Investments · USA
AUM:$27.3M
#– of – in Global Large-Stock Growth ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 26.3% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.39% — moderate cost. Consider how fees compound over long holding periods.

What is FDRV?

The fund normally invests at least 80% of the fund's assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum engaged in the production of electric and/or autonomous vehicles and their components, technology, or energy systems, or engaged in other initiatives that aim to change the future of transportation.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
FDRV delivered 26.3% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.39%. Consider how fees compound over a long holding period.
Moderate Concentration
Top 10 holdings make up 40.9% of the ETF — a moderate level of name concentration.
ETF Information
AUM$27.3M
Expense Ratio0.39%
Dividend Yield1.11%
Holdings45
Inception DateOct 2021
Domicile–
Distribution–
Index–
ProviderFidelity Investments
Beta1.70
CategoryGlobal Large-Stock Growth
CurrencyUSD
Portfolio Impact

How would FDRV affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+0.6%
1Y
+5.9%
3Y
-5.6%
5Y
-30.8%
OpenBook InsightIf you had invested £10,000 in FDRV 5 years ago, it would have fallen to £6,918 — a loss of £3,082.

Annual Returns

Calendar year performance

FDRV delivered positive returns in 3 of the last 5 calendar years.
YearFDRV
2026 YTD+3.8%
2025+24.0%
2024-19.6%
2023+13.4%
2022-45.6%
CAGR 4yr-11.4%
3/5 positive yearsAvg return: -4.8%Worst year: -45.6% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
24.8%
Moderate
Momentum
-3.4%
30-day change
Support Level
17.31
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Monitor key support and resistance levels as part of broader risk assessment.