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Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
Look-through valuation · Global · Expense ratio 0.39 % · ISIN US3160922205
Price history (since 2021)
Monthly close since 2021. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| BYD Company Limited 1211 | 5.2 % | n/a | n/a |
| Uber Technologies Inc UBER | 4.9 % | −25.0 % | 56 |
| Contemporary Amperex Technology Co., Limite 3750 | 4.6 % | −38.4 % | 68 |
| NXP Semiconductors NV NXPI | 4.5 % | −61.4 % | 59 |
| Tesla Inc TSLA | 4.0 % | −75.4 % | 29 |
| Infineon Technologies AG IFX | 4.0 % | −76.6 % | 59 |
| Rivian Automotive Inc RIVN | 3.8 % | −80.0 % | 27 |
| Aptiv PLC APTV | 3.5 % | −70.1 % | 46 |
| Lear Corporation LEA | 3.2 % | +8.0 % | 61 |
| Autoliv Inc ALV | 3.1 % | n/a | n/a |
| NIO Inc 9866 | 3.0 % | n/a | n/a |
| Xpeng Inc 9868 | 3.0 % | n/a | n/a |
| Aurora Innovation Inc AUR | 3.0 % | −80.0 % | 32 |
| Li Auto Inc 2015 | 2.9 % | n/a | n/a |
| LYFT Inc LYFT | 2.8 % | n/a | n/a |
| Sensata Technologies Holding NV ST | 2.8 % | −80.0 % | 63 |
| Allegro Microsystems Inc ALGM | 2.6 % | −59.7 % | 60 |
| Blue Bird Corp BLBD | 2.0 % | +4.5 % | 70 |
| Visteon Corp VC | 1.9 % | +48.0 % | 53 |
| Alps Electric Co. Ltd. 6770 | 1.9 % | n/a | n/a |
| NFI Group Inc NFI | 1.8 % | −48.2 % | 45 |
| Gentherm Inc THRM | 1.6 % | −67.3 % | 58 |
| Elmos Semiconductor SE ELG | 1.5 % | −34.0 % | 61 |
| Lucid Group Inc LCID | 1.5 % | −80.0 % | 19 |
| Melexis NV MELE | 1.5 % | −36.3 % | 57 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 45 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +22.2 % below FV
- 2 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +17.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +9.8 % below FV
- 4 SHRY First Trust Bloomberg Shareholder Yield ETF +2.2 % below FV
- 5 COWZ Pacer US Cash Cows 100 ETF -0.3 % above FV
- 6 C001 Amundi Core DAX UCITS ETF Dist -2.4 % above FV
- 7 XLC Communication Services Select Sector SPDR® Fund -4.2 % above FV
- 8 EWP iShares MSCI Spain ETF -4.8 % above FV
- 9 FTXO First Trust Nasdaq Bank ETF -6.0 % above FV
- 10 KRE SPDR® S&P Regional Banking ETF -8.9 % above FV
How the look-through works
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity Covington Trust - Fidelity Electric Vehicles and Future Transportation ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Jul 28, 2026
No investment advice, no buy or sell recommendation. The look-through is a computed summary of public fundamentals and is no substitute for your own research.