# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-001145
**Filing Date:** 2026-2
**Character Count:** 21433
**Document Hash:** 011ac6588ef53f80b6933881a33d30f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-001145.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000035402-26-001145

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**PERIOD START**: 20260630

**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:** 26670206

**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:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $42582850.71

**Total Liabilities:** $3028936.85

**Net Assets:** $39553913.86

**Cash Not Reported:** $65993.35

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230602 | 10.43%               | -3.66%               | -1.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $633.53                  | $3342405.41                                |
| Month 2  | $53.24                   | $-1410723.63                               |
| Month 3  | $-281145.79              | $-241660.59                                |

### 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        |    298097 | NS      | $1370641.59   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| XINYI ENERGY HOLDINGS LTD                       | XINYI ENERGY HOLDINGS LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | VG        |   2434000 | NS      | $343984.07    | 0.87%             |  |  |  | No            |                  1 | On Loan: —       |
| RENOVA INC                                      | RENOVA INC                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     68900 | NS      | $301103.70    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SMA SOLAR TECHNOLOGY AG                         | SMA SOLAR TECHNOLOGY AG                       | CUSIP: N/A<br>LEI: 529900Q6JQHI8X451Q21       | Long             | EC               | CORP              | DE        |     11116 | NS      | $444920.74    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| VERBUND AG                                      | VERBUND AG                                    | CUSIP: N/A<br>LEI: 5299006UDSEJCTTEJS30       | Long             | EC               | CORP              | AT        |     13652 | NS      | $994082.66    | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                                  | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      2845 | NS      | $1859406.65   | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ORSTED A/S                                      | ORSTED A/S                                    | CUSIP: N/A<br>LEI: W9NG6WMZIYEU8VEDOG48       | Long             | EC               | CORP              | DK        |     56069 | NS      | $1078690.82   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ORMAT TECHNOLOGIES INC                          | ORMAT TECHNOLOGIES INC                        | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |      9430 | NS      | $1041732.10   | 2.63%             |  |  |  | No            |                  1 | On Loan: —       |
| CHINA POWER INTERNATIONAL DEVELOPMENT LTD       | CHINA POWER INTL DEV LTD                      | CUSIP: N/A<br>LEI: 529900MDOW3M0UV2ST42       | Long             | EC               | CORP              | HK        |   1535000 | NS      | $636994.93    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLAREDGE TECHNOLOGIES INC                      | SOLAREDGE TECHNOLOGIES INC                    | CUSIP: 83417M104<br>LEI: 5493000K6Y58XXPDF853 | Long             | EC               | CORP              | US        |     21304 | NS      | $614620.40    | 1.55%             |  |  |  | No            |                  1 | On Loan: —       |
| LANDIS+GYR GROUP AG                             | LANDIS+GYR GROUP AG                           | CUSIP: N/A<br>LEI: 529900PZYVAKCYSLFL19       | Long             | EC               | CORP              | CH        |      9946 | NS      | $645281.67    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NORDEX SE                                       | NORDEX SE                                     | CUSIP: N/A<br>LEI: 529900HVDYCUWVD0OE76       | Long             | EC               | CORP              | DE        |     28447 | NS      | $972886.94    | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| XINYI SOLAR HOLDINGS LTD                        | XINYI SOLAR HOLDINGS LTD                      | CUSIP: N/A<br>LEI: 529900QF7VIH03SB7Q08       | Long             | EC               | CORP              | KY        |   1632437 | NS      | $622899.45    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BORALEX INC                                     | BORALEX CL A                                  | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |     36105 | NS      | $667181.94    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOM ENERGY CORP                               | BLOOM ENERGY CORP CL A                        | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     14244 | NS      | $1237661.16   | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOALS TECHNOLOGIES GROUP INC                   | SHOALS TECHNOLOGIES GROUP INC                 | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75926 | NS      | $645371.00    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP RENOVAVEIS SA                               | EDP RENOVAVEIS SA                             | CUSIP: N/A<br>LEI: 529900MUFAH07Q1TAX06       | Long             | EC               | CORP              | ES        |     64884 | NS      | $917484.28    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLARIA ENERGIA Y MEDIO AMBIENTE SA             | SOLARIA ENERGIA                               | CUSIP: N/A<br>LEI: 959800PM2YJU406K2789       | Long             | EC               | CORP              | ES        |     32062 | NS      | $683442.17    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| T1 ENERGY INC                                   | T1 ENERGY INC                                 | CUSIP: 35834F104<br>LEI: 529900H0645VFXNMJ693 | Long             | EC               | CORP              | US        |     92526 | NS      | $618073.68    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEARWAY ENERGY INC                             | CLEARWAY ENERGY INC CL C                      | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     25650 | NS      | $853119.00    | 2.16%             |  |  |  | No            |                  1 | On Loan: —       |
| ARRAY TECHNOLOGIES INC                          | ARRAY TECHNOLOGIES INC                        | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     72096 | NS      | $664725.12    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CGN POWER CO LTD                                | CGN POWER CO LTD H                            | CUSIP: N/A<br>LEI: 529900D2UINCGWQYBK45       | Long             | EC               | CORP              | CN        |   2410000 | NS      | $907213.98    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GRENERGY RENOVABLES SA                          | GRENERGY RENOVABLES                           | CUSIP: N/A<br>LEI: 959800M1FVPL5BMW3R13       | Long             | EC               | CORP              | ES        |      6143 | NS      | $621181.05    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| VESTAS WIND SYSTEMS AS                          | VESTAS WIND SYSTEMS AS                        | CUSIP: N/A<br>LEI: 549300DYMC8BGZZC8844       | Long             | EC               | CORP              | DK        |     67197 | NS      | $1832184.38   | 4.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNRUN INC                                      | SUNRUN INC                                    | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |     48905 | NS      | $899852.00    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCURY NZ LTD                                  | MERCURY NZ LTD                                | CUSIP: N/A<br>LEI: 254900XLT925U953KK55       | Long             | EC               | CORP              | NZ        |    116827 | NS      | $435335.25    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ERG SPA                                         | ERG SPA                                       | CUSIP: N/A<br>LEI: 8156004604684CA44A90       | Long             | EC               | CORP              | IT        |     23259 | NS      | $600417.38    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| XINTE ENERGY CO LTD                             | XINTE ENERGY CO LTD H                         | CUSIP: N/A<br>LEI: 300300HSY4IIZWSPSY09       | Long             | EC               | CORP              | CN        |    405200 | NS      | $382632.49    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| RENEW ENERGY GLOBAL PLC                         | RENEW ENERGY GLOBAL PLC                       | CUSIP: N/A<br>LEI: 254900SL77LA2KAG7R65       | Long             | EC               | CORP              | GB        |     72560 | NS      | $409964.00    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERESCO INC                                    | AMERESCO INC-CL A                             | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |     16265 | NS      | $476401.85    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ITRON INC                                       | ITRON INC                                     | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      9266 | NS      | $860440.76    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ENPHASE ENERGY INC                              | ENPHASE ENERGY INC                            | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     28660 | NS      | $918553.00    | 2.32%             |  |  |  | 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        |    399000 | NS      | $483403.35    | 1.22%             |  |  |  | No            |                  1 | On Loan: —       |
| JINKOSOLAR HOLDING CO LTD                       | JINKOSOLAR HOLDING CO ADR                     | CUSIP: 47759T100<br>LEI: 529900Y93WNCS05FG852 | Long             | EC               | CORP              | KY        |     20033 | NS      | $517051.73    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC                     | SP500 MIC EMIN FUTMAR26 HWAH6                 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |         3 | NC      | $-370.33      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD RENEWABLE CORP                       | BROOKFIELD RENEWABLE CORP                     | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |     24336 | NS      | $934736.75    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| WEST HOLDINGS CORP                              | WEST HOLDINGS CORP                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     34900 | NS      | $340216.27    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN SOLAR INC                              | CANADIAN SOLAR INC                            | CUSIP: 136635109<br>LEI: 5493001XSC6TKMBVOM15 | Long             | EC               | CORP              | CA        |     23017 | NS      | $547114.09    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| MERIDIAN ENERGY LTD                             | MERIDIAN ENERGY LTD                           | CUSIP: N/A<br>LEI: 254900IFKXIGNCY3A092       | Long             | EC               | CORP              | NZ        |    273833 | NS      | $881818.93    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTPOWER INC                                   | NEXTPOWER INC                                 | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14800 | NS      | $1289228.00   | 3.26%             |  |  |  | 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        |    916000 | NS      | $781427.38    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                    | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   3015032 | NS      | $3015333.43   | 7.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ENLIGHT RENEWABLE ENERGY LTD                    | ENLIGHT RENEWABLE ENERGY LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     23795 | NS      | $1081081.86   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                                 | FIRST SOLAR INC                               | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      6732 | NS      | $1758600.36   | 4.45%             |  |  |  | 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        |    424000 | NS      | $730499.13    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PLUG POWER INC                                  | PLUG POWER INC                                | CUSIP: 72919P202<br>LEI: 549300JPDKRSJ8JSM954 | Long             | EC               | CORP              | US        |    338944 | NS      | $667719.68    | 1.69%             |  |  |  | No            |                  1 | On Loan: —       |
| DOOSAN FUEL CELL CO LTD                         | DOOSAN FUEL CELL CO LTD                       | CUSIP: N/A<br>LEI: 98840048NCZOSPATEO49       | Long             | EC               | CORP              | KR        |     24416 | NS      | $488981.01    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHLAND POWER INC                             | NORTHLAND POWER INC                           | CUSIP: 666511100<br>LEI: 549300IT8CIDW8V5KX72 | Long             | EC               | CORP              | CA        |     65992 | NS      | $859352.33    | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCIONA SA                                      | ACCIONA SA                                    | CUSIP: N/A<br>LEI: 54930002KP75TLLLNO21       | Long             | EC               | CORP              | ES        |      4594 | NS      | $1003009.19   | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CS WIND CORP                                    | CS WIND CORP                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     16674 | NS      | $481509.42    | 1.22%             |  |  |  | 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        |   1676000 | NS      | $443574.23    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CADELER A/S                                     | CADELER A/S                                   | CUSIP: N/A<br>LEI: 9845008439EUED140282       | Long             | EC               | CORP              | DK        |    123765 | NS      | $589447.71    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

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

**Signature:** Stacie M. Smith

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

**Title:** President and Treasurer