A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 2026The Morning Brief →Sign in

Fidelity Covington Trust - Disruptive Medicine ETF

$32.53+1.30% today
243352-WK
Price & daily flows
30.928.225.632.53DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +21.0% so far this year. At 0.50% a year it is not the cheapest way in — IBRN runs the same ground at 0.47%.

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
5Kavg daily volume, 30 days
63holdings
2023listed June 11, 2023 · beta 0.83
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%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States91.77%
Other4.58%
Netherlands3.02%
Belgium2.44%
Switzerland1.7%
Canada1.18%
France1.1%
Denmark0.94%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+7.7%
1 month+14.0%
3 months+31.4%
6 months+24.5%
YTD+21.0%
1 year+31.5%
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
30%realized volatility, 30 days (annualized)
21%realized volatility, 1 year
-18.3%deepest fall from a peak, 1 year
-1.1%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
14Kshares traded
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.