---
ticker: "FEAC"
name: "Fidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity ETF"
url: "https://etf.net/etf/FEAC"
grade: "A"
score: 72
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "15 of 127"
methodology: "https://etf.net/methodology"
---

# FEAC: Fidelity Covington Trust - Fidelity Enhanced U.S. All-Cap Equity ETF

Grade **A**, Score 72 of 100. Rank 15 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 95 | 7 of 127 |
| Mission | Not scored | — |
| Risk | 57 | 48 of 126 |
| Tradability | 48 | 62 of 127 |
| Holdings | 80 | 20 of 124 |
| Durability | 39 | 96 of 127 |

## Top holdings

The fund holds 424 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 7.79% |
| 2 | AAPL | Apple Inc | 7.11% |
| 3 | MSFT | Microsoft Corp | 4.57% |
| 4 | GOOGL | Alphabet Inc Class A | 3.86% |
| 5 | AVGO | Broadcom Inc | 2.83% |
| 6 | AMZN | Amazon.com Inc | 2.69% |
| 7 | MU | Micron Technology Inc | 2.06% |
| 8 | LLY | Eli Lilly & Co | 1.93% |
| 9 | BRK.B | Berkshire Hathaway Inc Class B | 1.84% |
| 10 | META | Meta Platforms Inc Class A | 1.43% |
| 11 | ABBV | AbbVie Inc | 1.24% |
| 12 | CSCO | Cisco Systems Inc | 1.23% |
| 13 | APH | Amphenol Corporation Class A | 0.98% |
| 14 | ADI | Analog Devices Inc | 0.97% |
| 15 | GE | Ge Aerospace | 0.94% |
| 16 | GILD | Gilead Sciences Inc | 0.93% |
| 17 | CRWD | Crowdstrike Holdings Inc | 0.91% |
| 18 | RTX | Rtx Corp | 0.91% |
| 19 | UBER | Uber Technologies Inc | 0.90% |
| 20 | 0Y3K.L | Eaton Corp PLC | 0.90% |
| 21 | SCHW | Schwab Charles Corp | 0.88% |
| 22 | LRCX | Lam Research Corp | 0.88% |
| 23 | PGR | Progressive Corp Ohio | 0.84% |
| 24 | T | AT&T Inc | 0.80% |
| 25 | SPGI | S&P Global Inc | 0.80% |
| 26 | FTNT | Fortinet Inc | 0.79% |
| 27 | BMY | Bristol-Myers Squibb Co | 0.79% |
| 28 | GOOG | Alphabet Inc Class C | 0.79% |
| 29 | TSLA | Tesla Inc | 0.75% |
| 30 | BAC | Bank of America Corporation | 0.72% |

Source: etf.net, https://etf.net/etf/FEAC. Please cite the page URL.