FMEDFidelityACTIVE
Fidelity Covington Trust - Disruptive Medicine ETF
$31.62-1.17% vs prior close
243352-WK
Price through Oct 22, 2026 · Flows through unavailable. Figures use the latest available records, not a live quote. Fund details retrieved Oct 22, 2026. Holdings snapshot retrieved Oct 22, 2026.
FMED price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | FMED close |
|---|---|
| Jul 22, 2026 | $28.29 |
| Jul 23, 2026 | $28.54 |
| Jul 24, 2026 | $28.35 |
| Jul 27, 2026 | $28.37 |
| Jul 28, 2026 | $28.66 |
| Jul 29, 2026 | $28.45 |
| Jul 30, 2026 | $28.72 |
| Jul 31, 2026 | $28.00 |
| Aug 3, 2026 | $28.19 |
| Aug 4, 2026 | $28.68 |
| Aug 5, 2026 | $28.84 |
| Aug 6, 2026 | $28.98 |
| Aug 7, 2026 | $29.87 |
| Aug 10, 2026 | $30.34 |
| Aug 11, 2026 | $30.22 |
| Aug 12, 2026 | $30.37 |
| Aug 13, 2026 | $30.12 |
| Aug 14, 2026 | $30.21 |
| Aug 17, 2026 | $30.59 |
| Aug 18, 2026 | $30.74 |
| Aug 19, 2026 | $32.89 |
| Aug 20, 2026 | $32.11 |
| Aug 21, 2026 | $32.53 |
| Aug 24, 2026 | $32.26 |
| Aug 25, 2026 | $32.66 |
| Aug 26, 2026 | $32.49 |
| Aug 27, 2026 | $32.47 |
| Aug 28, 2026 | $31.64 |
| Aug 31, 2026 | $31.77 |
| Sep 1, 2026 | $31.56 |
| Sep 2, 2026 | $31.98 |
| Sep 3, 2026 | $32.03 |
| Sep 4, 2026 | $31.78 |
| Sep 8, 2026 | $31.54 |
| Sep 9, 2026 | $31.27 |
| Sep 10, 2026 | $30.84 |
| Sep 11, 2026 | $31.00 |
| Sep 14, 2026 | $31.41 |
| Sep 15, 2026 | $31.30 |
| Sep 16, 2026 | $31.30 |
| Sep 17, 2026 | $32.09 |
| Sep 18, 2026 | $31.65 |
| Sep 21, 2026 | $31.93 |
| Sep 22, 2026 | $32.38 |
| Sep 23, 2026 | $31.59 |
| Sep 24, 2026 | $32.24 |
| Sep 25, 2026 | $32.21 |
| Sep 28, 2026 | $32.45 |
| Sep 29, 2026 | $32.45 |
| Sep 30, 2026 | $32.39 |
| Oct 1, 2026 | $31.66 |
| Oct 2, 2026 | $31.82 |
| Oct 5, 2026 | $32.63 |
| Oct 6, 2026 | $31.26 |
| Oct 7, 2026 | $31.05 |
| Oct 8, 2026 | $30.57 |
| Oct 9, 2026 | $31.40 |
| Oct 12, 2026 | $31.04 |
| Oct 13, 2026 | $30.50 |
| Oct 14, 2026 | $30.64 |
| Oct 15, 2026 | $31.24 |
| Oct 16, 2026 | $30.29 |
| Oct 19, 2026 | $30.78 |
| Oct 20, 2026 | $31.75 |
| Oct 21, 2026 | $31.99 |
| Oct 22, 2026 | $31.62 |
The desk’s read
Recent fund-flow records are unavailable, while the price has returned +16.9% so far this year. At 0.50% a year it is not the cheapest way in — IWM has a reported fee of 0.19%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$55Massets under management
0.50%expense ratio · $50 per $10,000 a year
—net flow, trailing month
9Kavg daily volume, 30 days
63holdings
2023listed June 12, 2023 · beta 0.86
Sector weights
- Healthcare100%
- Health Technology74.28%
- Health Services11.97%
- Mutual fund9.15%
- Distribution Services5.66%
- Technology Services3.47%
- Other3.29%
- Commercial Services2.82%
- Finance0.82%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Healthcare | 100% |
| Health Technology | 74.28% |
| Health Services | 11.97% |
| Mutual fund | 9.15% |
| Distribution Services | 5.66% |
| Technology Services | 3.47% |
| Other | 3.29% |
| Commercial Services | 2.82% |
| Finance | 0.82% |
Country weights
- United States91.77%
- Other4.58%
- Netherlands3.02%
- Belgium2.44%
- Switzerland1.7%
- Canada1.18%
- France1.1%
- Denmark0.94%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| United States | 91.77% |
| Other | 4.58% |
| Netherlands | 3.02% |
| Belgium | 2.44% |
| Switzerland | 1.7% |
| Canada | 1.18% |
| France | 1.1% |
| Denmark | 0.94% |
Performance
| 1 week | +4.4% |
| 1 month | -2.3% |
| 3 months | +11.7% |
| 6 months | +20.6% |
| YTD | +16.9% |
| 1 year | +19.9% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
32%realized volatility, 30 days (annualized)
23%realized volatility, 1 year
-18.3%deepest fall from a peak, 1 year
-3.9%latest close versus that peak
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
3Kshares traded
The case against FMED
Due diligence cuts both ways. These funds sit on the same shelf and beat FMED on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPDW SPDR Portfolio Developed World ex-US ETF | 0.03% | $41.2B | +$609M | -47bp on fee · 746× the assets · +$609M in over the month | Head-to-head |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | $18.4B | +$199M | -47bp on fee · 332× the assets · +$199M in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.4B | +$497M | -46bp on fee · 587× the assets · +$497M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.6B | +$412M | -46bp on fee · 336× the assets · +$412M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $191B | +$817M | -43bp on fee · 3456× the assets · +$817M in over the month | Head-to-head |