Fidelity Covington Trust - Fidelity U.S. Multifactor ETF

Fidelity Covington Trust - Fidelity U.S. Multifactor ETF is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. The fund is co-managed by Geode Capital Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in momentum and less volatile stocks of companies across diversified market capitalization. It seeks to track the performance of the Fidelity U.S. Multifactor Index. Fidelity Covington Trust - Fidelity U.S. Multifactor ETF was formed on September 15, 2020 and is domiciled in the United States.