# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001410368-26-029060
**Filing Date:** 2026-3
**Character Count:** 25958
**Document Hash:** 3800dd014091d944f83ff3fbcea37378
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-029060.hdr.sgml**: 20260324

**ACCESSION NUMBER**: 0001410368-26-029060

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260324

**DATE AS OF CHANGE**: 20260324

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY COVINGTON TRUST
- **CENTRAL INDEX KEY:** 0000945908

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07319
- **FILM NUMBER:** 26784433

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

## Series and Classes Contracts Data

### Fidelity MSCI Utilities Index ETF (Series ID: S000042571)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000131663 | Fidelity MSCI Utilities Index ETF | FUTY            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** FIDELITY COVINGTON TRUST

- **b. Investment Company Act file number:** 811-07319

- **c. CIK number of Registrant:** 0000945908

- **d. LEI of Registrant:** 549300JFYFTF85QAQR28

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 SUMMER STREET

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** Fidelity MSCI Utilities Index ETF

- **b. EDGAR series identifier (if any):** S000042571

- **c. LEI of Series:** 549300QDQDYTEM1KET27

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2220879789.40

**Total Liabilities:** $151501.22

**Net Assets:** $2220728288.18

**Cash Not Reported:** $295390.09

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000131663 | 1.80%                | -5.15%               | 1.61%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2138121.42              | $28510222.37                               |
| Month 2  | $-534556.01              | $-119240108.62                             |
| Month 3  | $4332688.66              | $29340216.37                               |

### Schedule of Portfolio Investments

| Name                                | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AES Corp/The                        | AES Corp                                                   | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |   1064593 | NS      | $15596287.45  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                 | Alliant Energy Corp                                        | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |    384197 | NS      | $25322424.27  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Oklo Inc                            | Oklo Inc                                                   | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165519 | NS      | $13178622.78  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                         | Ameren Corp                                                | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    404292 | NS      | $41755277.76  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc      | American Electric Power Co Inc                             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |    799579 | NS      | $95769574.73  | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co            | American States Water Co                                   | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |     57662 | NS      | $4207019.52   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc         | American Water Works Co Inc                                | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |    291693 | NS      | $37666317.09  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                   | Atmos Energy Corp                                          | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |    240001 | NS      | $39921766.34  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp                         | Avista Corp                                                | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |    121009 | NS      | $4996461.61   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp                    | Black Hills Corp                                           | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    109022 | NS      | $7956425.56   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                     | CMS Energy Corp                                            | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |    447540 | NS      | $31994634.60  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group      | California Water Service Group                             | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |     88818 | NS      | $3970164.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc              | CenterPoint Energy Inc                                     | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |    976104 | NS      | $38741567.76  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp           | Chesapeake Utilities Corp                                  | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |     35115 | NS      | $4518598.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                 | Clearway Energy Inc                                        | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     51639 | NS      | $1743849.03   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                 | Clearway Energy Inc                                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |    124153 | NS      | $4488130.95   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Edison Inc             | Consolidated Edison Inc                                    | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |    539215 | NS      | $57496495.45  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp           | Constellation Energy Corp                                  | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    467082 | NS      | $131100575.76 | 5.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                       | DTE Energy Co                                              | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    310367 | NS      | $41707117.46  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                 | Dominion Energy Inc                                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |   1275329 | NS      | $76736545.93  | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                    | Duke Energy Corp                                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |   1162635 | NS      | $141085757.25 | 6.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                | Edison International                                       | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |    575368 | NS      | $35833919.04  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                        | Entergy Corp                                               | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    667432 | NS      | $64000054.48  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities Inc             | Essential Utilities Inc                                    | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |    419331 | NS      | $16265849.49  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                          | Evergy Inc                                                 | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    344106 | NS      | $26403253.38  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                   | Eversource Energy                                          | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    554860 | NS      | $38357471.80  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                         | Exelon Corp                                                | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |   1510045 | NS      | $67619815.10  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                    | FirstEnergy Corp                                           | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    820121 | NS      | $38824528.14  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Hallador Energy Co                  | Hallador Energy Co                                         | CUSIP: 40609P105<br>LEI: 254900GKEQRHOI2SSC19 | Long             | EC               | CORP              | US        |     47856 | NS      | $884857.44    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries Inc    | Hawaiian Electric Industries Inc                           | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |    258061 | NS      | $3953494.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                         | IDACORP Inc                                                | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     80796 | NS      | $10728900.84  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc             | MDU Resources Group Inc                                    | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290465 | NS      | $5957437.15   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy Inc                      | MGE Energy Inc                                             | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54499 | NS      | $4353380.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Middlesex Water Co                  | Middlesex Water Co                                         | CUSIP: 596680108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27113 | NS      | $1420178.94   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                      | NRG Energy Inc                                             | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |    289200 | NS      | $44140596.00  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                | National Fuel Gas Co                                       | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |    128372 | NS      | $10751155.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp           | New Jersey Resources Corp                                  | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    150354 | NS      | $7439515.92   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                  | NextEra Energy Inc                                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |   3078871 | NS      | $270632760.90 | 12.19%            |  |  |  | No            |                  1 | On Loan: No      |
| XPLR Infrastructure LP              | XPLR Infrastructure LP                                     | CUSIP: 65341B106<br>LEI: 5493008F4ZOQFNG3WN54 | Long             | EC               | CORP              | US        |    133528 | NS      | $1300562.72   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                        | NiSource Inc                                               | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    703981 | NS      | $31179318.49  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co        | Northwest Natural Holding Co                               | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |     61062 | NS      | $2843046.72   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group Inc       | Northwestern Energy Group Inc                              | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     91875 | NS      | $6234637.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                     | OGE Energy Corp                                            | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    301108 | NS      | $13152397.44  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas Inc                         | ONE Gas Inc                                                | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     89809 | NS      | $7145204.04   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies Inc              | Ormat Technologies Inc                                     | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     86264 | NS      | $10777824.16  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Otter Tail Corp                     | Otter Tail Corp                                            | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56500 | NS      | $5037540.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                           | PG&E Corp                                                  | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |   3286012 | NS      | $50670305.04  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy Inc                     | TXNM Energy Inc                                            | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    141812 | NS      | $8355563.04   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                            | PPL Corp                                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |   1105658 | NS      | $40080102.50  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp          | Pinnacle West Capital Corp                                 | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |    178556 | NS      | $16705699.36  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co        | Portland General Electric Co                               | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |    163927 | NS      | $8237331.75   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc | Public Service Enterprise Group Inc                        | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    746179 | NS      | $61455302.44  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                         | H2O America                                                | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49995 | NS      | $2601739.80   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                              | Sempra                                                     | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    975520 | NS      | $84879995.20  | 3.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                     | Southern Co/The                                            | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |   1644695 | NS      | $146887710.45 | 6.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc          | Southwest Gas Holdings Inc                                 | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     91525 | NS      | $7580100.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                           | Spire Inc                                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     88239 | NS      | $7455313.11   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                   | Talen Energy Corp                                          | CUSIP: 87422Q109<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | EC               | CORP              | US        |     58058 | NS      | $20225084.88  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                            | UGI Corp                                                   | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    321336 | NS      | $12888786.96  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                         | Unitil Corp                                                | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26364 | NS      | $1342191.24   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                         | Vistra Corp                                                | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    506575 | NS      | $80216151.25  | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                | WEC Energy Group Inc                                       | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |    481227 | NS      | $53257392.09  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors        | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492862<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |   4274000 | NS      | $4274000.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                     | Xcel Energy Inc                                            | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    884247 | NS      | $67255826.82  | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Mercantile Exchange         | XAU UTILITIES MAR26                                        | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        54 | NC      | $24152.33     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-13

**Name of Applicant:** FIDELITY COVINGTON TRUST

**Signature:** Stacie M Smith

**Name of Signer:** Stacie M Smith

**Title:** President and Treasurer