---
ticker: "FFDI"
name: "Fidelity Covington Trust - Fidelity Fundamental Developed International ETF"
url: "https://etf.net/etf/FFDI"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "International Active Growth"
category_rank: "5 of 14"
methodology: "https://etf.net/methodology"
---

# FFDI: Fidelity Covington Trust - Fidelity Fundamental Developed International ETF

Grade **B**, Score 57 of 100. Rank 5 of 14 in International Active Growth.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 58 | 5 of 14 |
| Mission | Not scored | — |
| Risk | 61 | 4 of 13 |
| Tradability | 38 | 10 of 14 |
| Holdings | 85 | 1 of 13 |
| Durability | 52 | 8 of 14 |

## Top holdings

The fund holds 109 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | ASML.AS | Asml Holding NV | 5.37% |
| 2 | SAN.MC | Banco Santander SA (Spain) | 2.68% |
| 3 | SU.PA | Schneider Electric SE | 2.59% |
| 4 | 6857.T | Advantest Corp | 2.51% |
| 5 | RR.L | Rolls-Royce Holdings PLC | 2.40% |
| 6 | 8306.T | Mitsubishi Ufj Finl Grp Inc | 2.22% |
| 7 | 8316.T | Sumitomo Mitsui Finl Group Inc | 1.97% |
| 8 | SHEL.L | Shell PLC | 1.94% |
| 9 | 6501.T | Hitachi Ltd | 1.92% |
| 10 | ROP.SW | Roche Holding AG | 1.88% |
| 11 | AI.PA | Air Liquide SA | 1.85% |
| 12 | CABK.MC | Caixabank SA | 1.82% |
| 13 | SIE.DE | Siemens AG (Regd) | 1.77% |
| 14 | SAF.PA | Safran SA | 1.77% |
| 15 | ZURN.SW | Zurich Insurance Group AG | 1.72% |
| 16 | INVE-B.ST | Investor Ab Ser B | 1.65% |
| 17 | UBSG.SW | Ubs Group AG | 1.64% |
| 18 | UCG.MI | Unicredit Spa | 1.62% |
| 19 | 7011.T | Mitsubishi Heavy Inds Ltd | 1.60% |
| 20 | 6752.T | Panasonic Holdings Corp | 1.58% |
| 21 | 8001.T | Itochu Corp | 1.57% |
| 22 | BTI | British American Tob PLC Adr | 1.53% |
| 23 | KBC.BR | Kbc Groupe SA | 1.49% |
| 24 | BA.L | Bae Systems PLC | 1.44% |
| 25 | RIO.L | Rio Tinto PLC (Regd) | 1.34% |
| 26 | ENR.DE | Siemens Energy AG | 1.33% |
| 27 | 7741.T | Hoya Corp | 1.28% |
| 28 | 6723.T | Renesas Electronics Corp | 1.28% |
| 29 | DPLM.L | Diploma PLC | 1.26% |
| 30 | HOLN.SW | Holcim Ltd | 1.25% |

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