# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0001752724-25-198445
**Filing Date:** 2025-8
**Character Count:** 21775
**Document Hash:** fe71791b9f223012145e503a08ccfb03
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-198445.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-198445

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20250630

**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:** 251243251

**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 Clean Energy ETF (Series ID: S000073597)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000230602 | Fidelity Clean Energy ETF | FRNW            |

## 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 Clean Energy ETF

- **b. EDGAR series identifier (if any):** S000073597

- **c. LEI of Series:** 549300ZYR7MHQOW8VQ80

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $27787596.23

**Total Liabilities:** $2101545.95

**Net Assets:** $25686050.28

**Cash Not Reported:** $14184.14

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230602 | 2.71%                | 10.73%               | 7.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $80012.86                | $459218.08                                 |
| Month 2  | $5.70                    | $2203201.52                                |
| Month 3  | $-581653.88              | $2370069.83                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EDP S.A.                                        | EDP S.A.                                      | CUSIP: N/A<br>LEI: 529900CLC3WDMGI9VH80       | Long             | EC               | CORP              | PT        |    220896 | NS      | $954738.07    | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| RENOVA INC                                      | RENOVA INC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     44300 | NS      | $199349.23    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| HANWHA SOLUTIONS CORP                           | HANWHA SOLUTIONS CORP                         | CUSIP: N/A<br>LEI: 549300M2V0ZS71BRNR68       | Long             | EC               | CORP              | KR        |     21302 | NS      | $498772.38    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SMA SOLAR TECHNOLOGY AG                         | SMA SOLAR TECHNOLOGY AG                       | CUSIP: N/A<br>LEI: 529900Q6JQHI8X451Q21       | Long             | EC               | CORP              | DE        |     12177 | NS      | $303603.95    | 1.18%             |  |  |  | No            |                  1 | On Loan: —       |
| VERBUND AG                                      | VERBUND AG                                    | CUSIP: N/A<br>LEI: 5299006UDSEJCTTEJS30       | Long             | EC               | CORP              | AT        |      9144 | NS      | $699299.54    | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                                  | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      2265 | NS      | $1198524.75   | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ORSTED A/S                                      | ORSTED A/S                                    | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |     18521 | NS      | $792616.51    | 3.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ORMAT TECHNOLOGIES INC                          | ORMAT TECHNOLOGIES INC                        | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |      8169 | NS      | $684235.44    | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA POWER INTERNATIONAL DEVELOPMENT LTD       | CHINA POWER INTL DEV LTD                      | CUSIP: N/A<br>LEI: 529900MDOW3M0UV2ST42       | Long             | EC               | CORP              | HK        |   1088000 | NS      | $414410.19    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLAREDGE TECHNOLOGIES INC                      | SOLAREDGE TECHNOLOGIES INC                    | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |     20581 | NS      | $419852.40    | 1.63%             |  |  |  | No            |                  1 | On Loan: —       |
| LANDIS+GYR GROUP AG                             | LANDIS+GYR GROUP AG                           | CUSIP: N/A<br>LEI: 529900PZYVAKCYSLFL19       | Long             | EC               | CORP              | CH        |      6484 | NS      | $452902.51    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDEX SE                                       | NORDEX SE                                     | CUSIP: N/A<br>LEI: 529900HVDYCUWVD0OE76       | Long             | EC               | CORP              | DE        |     24330 | NS      | $480375.34    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| XINYI SOLAR HOLDINGS LTD                        | XINYI SOLAR HOLDINGS LTD                      | CUSIP: N/A<br>LEI: 529900QF7VIH03SB7Q08       | Long             | EC               | CORP              | KY        |   1348000 | NS      | $427582.17    | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BORALEX INC                                     | BORALEX CL A                                  | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |     19697 | NS      | $456733.66    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                                         | E.ON SE                                       | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |     27672 | NS      | $507543.39    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOM ENERGY CORP                               | BLOOM ENERGY CORP CL A                        | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     29306 | NS      | $700999.52    | 2.73%             |  |  |  | No            |                  1 | On Loan: —       |
| SHOALS TECHNOLOGIES GROUP INC                   | SHOALS TECHNOLOGIES GROUP INC                 | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67974 | NS      | $288889.50    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP RENOVAVEIS SA                               | EDP RENOVAVEIS SA                             | CUSIP: N/A<br>LEI: 529900MUFAH07Q1TAX06       | Long             | EC               | CORP              | ES        |     51483 | NS      | $572605.71    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLARIA ENERGIA Y MEDIO AMBIENTE SA             | SOLARIA ENERGIA                               | CUSIP: N/A<br>LEI: 959800PM2YJU406K2789       | Long             | EC               | CORP              | ES        |     31577 | NS      | $364587.68    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWAY ENERGY INC                             | CLEARWAY ENERGY INC CL C                      | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     18744 | NS      | $599808.00    | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ARRAY TECHNOLOGIES INC                          | ARRAY TECHNOLOGIES INC                        | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     51423 | NS      | $303395.70    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| INNERGEX RENEWABLE ENERGY INC                   | INNERGEX RENEWABLE ENERGY INC                 | CUSIP: 45790B104<br>LEI: 549300EORYEC4J59SU80 | Long             | EC               | CORP              | CA        |     41605 | NS      | $418336.83    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GRENERGY RENOVABLES SA                          | GRENERGY RENOVABLES                           | CUSIP: N/A<br>LEI: 959800M1FVPL5BMW3R13       | Long             | EC               | CORP              | ES        |      3932 | NS      | $283858.06    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VESTAS WIND SYSTEMS AS                          | VESTAS WIND SYSTEMS AS                        | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |     62060 | NS      | $927804.71    | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNRUN INC                                      | SUNRUN INC                                    | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     54517 | NS      | $445949.06    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCURY NZ LTD                                  | MERCURY NZ LTD                                | CUSIP: N/A<br>LEI: 254900XLT925U953KK55       | Long             | EC               | CORP              | NZ        |     98663 | NS      | $359959.18    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ERG SPA                                         | ERG SPA                                       | CUSIP: N/A<br>LEI: 8156004604684CA44A90       | Long             | EC               | CORP              | IT        |     17414 | NS      | $379392.83    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| RENEW ENERGY GLOBAL PLC                         | RENEW ENERGY GLOBAL PLC                       | CUSIP: N/A<br>LEI: 254900SL77LA2KAG7R65       | Long             | EC               | CORP              | GB        |     40246 | NS      | $278099.86    | 1.08%             |  |  |  | No            |                  1 | On Loan: —       |
| AMERESCO INC                                    | AMERESCO INC-CL A                             | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |     18609 | NS      | $282670.71    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ITRON INC                                       | ITRON INC                                     | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      5531 | NS      | $728045.53    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY INC                              | ENPHASE ENERGY INC                            | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     15663 | NS      | $621037.95    | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAT GLASS GROUP CO LTD                         | FLAT GLASS GROUP CO LTD                       | CUSIP: N/A<br>LEI: 300300BEL4RMXBKEA373       | Long             | EC               | CORP              | CN        |    308000 | NS      | $345666.24    | 1.35%             |  |  |  | No            |                  1 | On Loan: —       |
| JINKOSOLAR HOLDING CO LTD                       | JINKOSOLAR HOLDING CO ADR                     | CUSIP: 47759T100<br>LEI: 529900Y93WNCS05FG852 | Long             | EC               | CORP              | KY        |     17477 | NS      | $370861.94    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD RENEWABLE CORP                       | BROOKFIELD RENEWABLE CORP                     | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |     20086 | NS      | $656971.92    | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                    | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |     26252 | NS      | $26257.59     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST HOLDINGS CORP                              | WEST HOLDINGS CORP                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     20500 | NS      | $236159.09    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN SOLAR INC                              | CANADIAN SOLAR INC                            | CUSIP: 136635109<br>LEI: 5493001XSC6TKMBVOM15 | Long             | EC               | CORP              | CA        |     25688 | NS      | $283595.52    | 1.10%             |  |  |  | No            |                  1 | On Loan: —       |
| CHICAGO MERCANTILE EXCH INC                     | SP500 MIC EMIN FUTSEP25 HWAU5                 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |         3 | NC      | $3223.37      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MERIDIAN ENERGY LTD                             | MERIDIAN ENERGY LTD                           | CUSIP: N/A<br>LEI: 254900IFKXIGNCY3A092       | Long             | EC               | CORP              | NZ        |    177253 | NS      | $634848.46    | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTRACKER INC                                  | NEXTRACKER INC CL A                           | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13588 | NS      | $738779.56    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA LONGYUAN POWER GROUP CORP LTD             | CHINA LONGYUAN POWER GROUP H                  | CUSIP: N/A<br>LEI: 5299008UYLF3O6V9T464       | Long             | EC               | CORP              | CN        |    617000 | NS      | $555692.99    | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                    | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   2093162 | NS      | $2093370.95   | 8.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ENLIGHT RENEWABLE ENERGY LTD                    | ENLIGHT RENEWABLE ENERGY LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     24656 | NS      | $559381.86    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                                 | FIRST SOLAR INC                               | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      6420 | NS      | $1062766.80   | 4.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDWIND SCIENCE and TECHNOLOGY CO LTD          | GOLDWIND SCIENCE and TECHNOLOGY CO LTD H      | CUSIP: N/A<br>LEI: 529900UCUDMIZJ2ZJJ84       | Long             | EC               | CORP              | CN        |    431200 | NS      | $410326.62    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| VINCI SA                                        | VINCI SA                                      | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |      3377 | NS      | $495907.84    | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| PLUG POWER INC                                  | PLUG POWER INC                                | CUSIP: 72919P202<br>LEI: 549300JPDKRSJ8JSM954 | Long             | EC               | CORP              | US        |    356929 | NS      | $531824.21    | 2.07%             |  |  |  | No            |                  1 | On Loan: —       |
| DOOSAN FUEL CELL CO LTD                         | DOOSAN FUEL CELL CO LTD                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     22134 | NS      | $368189.32    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHLAND POWER INC                             | NORTHLAND POWER INC                           | CUSIP: 666511100<br>LEI: 549300IT8CIDW8V5KX72 | Long             | EC               | CORP              | CA        |     38908 | NS      | $609354.31    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCIONA SA                                      | ACCIONA SA                                    | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |      3515 | NS      | $630465.45    | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CS WIND CORP                                    | CS WIND CORP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      9458 | NS      | $328675.31    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTRAL NEW ENERGY HOLDING GROUP LTD            | CENTRAL NEW ENERGY HOLDING GROUP LTD          | CUSIP: N/A<br>LEI: 254900X80WMZKCD79W31       | Long             | EC               | CORP              | KY        |    364000 | NS      | $370955.41    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA DATANG CORPORATION RENEWABLE POWER CO LTD | CHINA DATANG CORP RENEW POW H                 | CUSIP: N/A<br>LEI: 52990099S0ALQQ25XM62       | Long             | EC               | CORP              | CN        |   1060000 | NS      | $329477.71    | 1.28%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer