Fidelity Covington Risk Adjusted Performance

FEAC Etf  USD 25.23  0.19  0.76%   
Fidelity Covington risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Fidelity Covington Trust or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
  
Fidelity Covington Trust has current Risk Adjusted Performance of (0.01).

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
(0.01)
ER[a] = Expected return on investing in Fidelity Covington
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Fidelity Covington Risk Adjusted Performance Peers Comparison

Fidelity Risk Adjusted Performance Relative To Other Indicators

Fidelity Covington Trust is rated below average in risk adjusted performance as compared to similar ETFs. It is currently under evaluation in maximum drawdown as compared to similar ETFs .
Compare Fidelity Covington to Peers

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas