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Fidelity U.S. Multifactor ETF

Filed by Fidelity Covington Trust. What this fund reported holding in its latest quarterly NPORT-P. Positions are ordered by share of the fund rather than by size, because that is what separates a conviction from a rounding error.

Positions
83
matched to a ticker
Fund size
$292M
the filing's own figure
Matched value
$262.3M
of the positions below
As of
2026-07-31
S000068350

What it holds

Largest share of the fund first.

Company% of fundValue
NVDANVIDIA Corp7.13%$20.7M
AAPLApple Inc6.68%$19.4M
GOOGLAlphabet Inc5.44%$15.8M
MSFTMicrosoft Corp5.11%$14.8M
AVGOBroadcom Inc2.86%$8.3M
METAMeta Platforms Inc1.84%$5.4M
MUMicron Technology Inc1.76%$5.1M
VVisa Inc1.72%$5M
JNJJohnson & Johnson1.58%$4.6M
MAMastercard Inc1.46%$4.2M
AGXArgan Inc1.39%$4M
ABBVAbbVie Inc1.37%$4M
CFCF Industries Holdings Inc1.30%$3.8M
MRKMerck & Co Inc1.17%$3.4M
PMPhilip Morris International Inc1.13%$3.3M
ADPAutomatic Data Processing Inc1.12%$3.3M
OHIOmega Healthcare Investors, Inc1.11%$3.2M
PGProcter & Gamble Co1.09%$3.2M
TRVTravelers Companies Inc1.09%$3.2M
ABNBAirbnb Inc1.08%$3.1M
TJXTJX Companies Inc1.08%$3.1M
BKNGBooking Holdings Inc1.07%$3.1M
GDGeneral Dynamics Corp1.06%$3.1M
EXPEExpedia Group Inc1.06%$3.1M
EMEEMCOR Group Inc1.01%$2.9M
LMTLockheed Martin Corp0.99%$2.9M
APAAPA Corp (US)0.99%$2.9M
NFGNational Fuel Gas Co0.98%$2.8M
PCARPaccar Inc0.98%$2.8M
NRGNRG Energy Inc0.96%$2.8M
MCDMcDonald's Corp0.95%$2.8M
SNASnap-On Inc0.94%$2.7M
CSCOCisco Systems Inc0.94%$2.7M
AMATApplied Materials Inc0.93%$2.7M
BMYBristol-Myers Squibb Co0.92%$2.7M
NEMNewmont Corporation0.92%$2.7M
COFCapital One Financial Corp0.90%$2.6M
VICIVICI Properties Inc0.89%$2.6M
MTGMGIC Investment Corp0.88%$2.5M
ALSNAllison Transmission Holdings, Inc. Common Stock0.87%$2.5M
DELLDell Technologies Inc0.86%$2.5M
MOAltria Group Inc0.86%$2.5M
ORLYO'Reilly Automotive Inc0.86%$2.5M
AMAntero Midstream Corp0.85%$2.5M
YUMYum! Brands Inc0.84%$2.4M
LLoews Corp0.84%$2.4M
CMECME Group Inc0.83%$2.4M
HIGHartford Insurance Group Inc0.83%$2.4M
BYDBoyd Gaming Corp0.82%$2.4M
EXELExelixis Inc0.82%$2.4M
SYFSynchrony Financial0.81%$2.4M
LRCXLam Research Corp0.81%$2.4M
GILDGilead Sciences, Inc0.80%$2.3M
OZKBank Ozk0.79%$2.3M
KMBKimberly-Clark Corp0.76%$2.2M
CLColgate-Palmolive Co0.75%$2.2M
BIIBBiogen Inc0.75%$2.2M
REGNRegeneron Pharmaceuticals Inc0.74%$2.2M
AZOAutozone Inc0.73%$2.1M
UTHRUnited Therapeutics Corp0.72%$2.1M
ULTAUlta Beauty Inc0.65%$1.9M
KLACKLA Corp0.63%$1.8M
APHAmphenol Corp0.53%$1.6M
IBMInternational Business Machines Corp0.46%$1.3M
VZVerizon Communications Inc0.44%$1.3M
QCOMQualcomm Inc0.43%$1.2M
NTAPNetApp Inc0.42%$1.2M
SNXTD Synnex Corp0.35%$1M
ADBEAdobe Inc0.33%$970.3K
HPQHP Inc0.32%$935K
AKAMAkamai Technologies Inc0.28%$824.3K
INTUIntuit Inc0.27%$789.9K
ZMZoom Communications Inc0.26%$743.5K
CMCSAComcast Corp0.25%$718.7K
WBDWarner Bros Discovery Inc0.25%$714.9K
QRVOQorvo Inc0.24%$706.6K
SWKSSkyworks Solutions Inc0.23%$675.2K
OMCOmnicom Group Inc0.22%$626.5K
CRUSCirrus Logic Inc0.21%$606K
NYTNew York Times Co0.19%$559K
CTSHCognizant Technology Solutions Corp0.19%$544.6K
FOXAFox Corp0.16%$476.4K
NXSTNexstar Media Group Inc0.15%$431.7K

Source: NPORT-P filings, via EDGAR. Positions arrive by CUSIP, and only a CUSIP verified against a ticker is kept — so this is what we could match, not everything the fund holds, and the matched value is therefore below the fund's own size. A balance is shares where the filing says `NS` and a principal amount where it says `PA`, which is why it is not labelled shares in both cases.

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