# EDGAR Filing Document

**Accession Number:** 0000945908
**File Stem:** 0000035402-26-001230
**Filing Date:** 2026-2
**Character Count:** 21815
**Document Hash:** 545eaee54cd3294b3350f6651a8fbcd8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-001230.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000035402-26-001230

**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:** 26670333

**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 Metaverse ETF (Series ID: S000075903)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000235244 | Fidelity Metaverse ETF | FMET            |

## 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 Metaverse ETF

- **b. EDGAR series identifier (if any):** S000075903

- **c. LEI of Series:** 549300TQXUXRFBANFP96

**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:** $49434889.60

**Total Liabilities:** $812814.20

**Net Assets:** $48622075.40

**Cash Not Reported:** $36120.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235244 | 1.39%                | -6.51%               | 0.62%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1.54                    | $694691.98                                 |
| Month 2  | $36.24                   | $-3376715.45                               |
| Month 3  | $1262672.62              | $-966149.99                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DIGITAL REALTY TRUST INC                         | DIGITAL REALTY TRUST INC                      | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     10044 | NS      | $1553907.24   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                                      | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      2575 | NS      | $1972862.00   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXON CO LTD                                     | NEXON CO LTD                                  | CUSIP: N/A<br>LEI: 5299005SFO0GAJFLKN43       | Long             | EC               | CORP              | JP        |     32300 | NS      | $788619.09    | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PLAYTIKA HOLDING CORP                            | PLAYTIKA HOLDING CORP                         | CUSIP: 72815L107<br>LEI: 254900E35Z4TKA4UFG64 | Long             | EC               | CORP              | US        |     46391 | NS      | $183244.45    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| WEMADE CO LTD                                    | WEMADE CO LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     11783 | NS      | $204078.89    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                        | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      7901 | NS      | $2147965.86   | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES INC                       | ADVANCED MICRO DEVICES INC                    | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     10269 | NS      | $2199209.04   | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NAGARRO SE                                       | NAGARRO SE                                    | CUSIP: N/A<br>LEI: 9845008396BA67DA9B37       | Long             | EC               | CORP              | DE        |      3119 | NS      | $279312.10    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| HIMAX TECHNOLOGIES INC                           | HIMAX TECHNOLOGIES INC -SP ADR                | CUSIP: 43289P106<br>LEI: 529900Z6XWS79D8T1X09 | Long             | EC               | CORP              | KY        |     39703 | NS      | $325167.57    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                   | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      4613 | NS      | $2230939.06   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NETMARBLE CORP                                   | NETMARBLE CORP                                | CUSIP: N/A<br>LEI: 988400T1LQCQT8H5EO27       | Long             | EC               | CORP              | KR        |      8985 | NS      | $300944.95    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| WIX.COM LTD                                      | WIX.COM LTD                                   | CUSIP: N/A<br>LEI: 5493008P6N29Q1AG9464       | Long             | EC               | CORP              | IL        |      6201 | NS      | $644221.89    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM SYSTEMS INC                                 | EPAM SYSTEMS INC                              | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |      4158 | NS      | $851891.04    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC                                        | ADOBE INC                                     | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      6747 | NS      | $2361382.53   | 4.86%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                               | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      3353 | NS      | $2213281.77   | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| SKYWORKS SOLUTIONS INC                           | SKYWORKS SOLUTIONS INC                        | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     11692 | NS      | $741389.72    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITY SOFTWARE INC                               | UNITY SOFTWARE INC                            | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |     21374 | NS      | $944089.58    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AMBARELLA INC                                    | AMBARELLA INC                                 | CUSIP: N/A<br>LEI: 254900XN7F4DG0CEKC02       | Long             | EC               | CORP              | KY        |      6816 | NS      | $482845.44    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRONIC ARTS INC                              | ELECTRONIC ARTS INC                           | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      7536 | NS      | $1539830.88   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| TURTLE BEACH CORP                                | TURTLE BEACH CORP                             | CUSIP: 900450206<br>LEI: 549300SZRV8U8PXSYI20 | Long             | EC               | CORP              | US        |     12552 | NS      | $176104.56    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MONOLITHIC POWER SYSTEMS INC                     | MONOLITHIC POWER SYS INC                      | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1606 | NS      | $1455614.16   | 2.99%             |  |  |  | No            |                  1 | On Loan: No      |
| DASSAULT SYSTEMES SA                             | DASSAULT SYSTEMES SA                          | CUSIP: N/A<br>LEI: 96950065LBWY0APQIM86       | Long             | EC               | CORP              | FR        |     37063 | NS      | $1037722.78   | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SUPER MICRO COMPUTER INC                         | SUPER MICRO COMPUTER INC                      | CUSIP: 86800U302<br>LEI: 54930022CZO1N2UGVW07 | Long             | EC               | CORP              | US        |     29240 | NS      | $855854.80    | 1.76%             |  |  |  | No            |                  1 | On Loan: —       |
| BENTLEY SYSTEMS INC                              | BENTLEY SYS INC CL B                          | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     15612 | NS      | $595831.98    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COWELL E HOLDINGS INC                            | COWELL E HOLDINGS INC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     83000 | NS      | $293888.35    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NCSOFT CORPORATION                               | NCSOFT CORPORATION                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      2948 | NS      | $412357.78    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWBORN TOWN INC                                 | NEWBORN TOWN INC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    248000 | NS      | $356538.83    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER CORP                                       | NAVER CORP                                    | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |      6878 | NS      | $1157832.08   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ENDAVA PLC                                       | ENDAVA PLC SPON ADR                           | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             | EC               | CORP              | GB        |     30936 | NS      | $195515.52    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PEARLABYSS CORP                                  | PEARLABYSS CORP                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     11835 | NS      | $307263.89    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| WEIBO CORP                                       | WEIBO CORP                                    | CUSIP: N/A<br>LEI: 549300Q9ID4640FE0422       | Long             | EC               | CORP              | KY        |     31320 | NS      | $318089.03    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GUNGHO ONLINE ENTERTAINMNT INC                   | GUNGHO ONLINE ENTERTAINMNT INC                | CUSIP: N/A<br>LEI: 529900TH7FB4RV6F5S47       | Long             | EC               | CORP              | JP        |     17700 | NS      | $284225.33    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| VNET GROUP INC                                   | VNET GROUP INC                                | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | KY        |     41589 | NS      | $351842.94    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| KRAFTON INC                                      | KRAFTON INC                                   | CUSIP: N/A<br>LEI: 988400CE024EWSCICK17       | Long             | EC               | CORP              | KR        |      3609 | NS      | $616302.11    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTV SOFTWR INC                    | TAKE-TWO INTERACTV SOFTWR INC                 | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      6017 | NS      | $1540532.51   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                                     | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     12721 | NS      | $2175927.05   | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                     | Fidelity Cash Central Fund                    | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |     26700 | NS      | $26705.58     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP INC                                         | SNAP INC - A                                  | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |     96679 | NS      | $780199.53    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| HELLO GROUP INC                                  | HELLO GROUP INC ADR                           | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | KY        |     40680 | NS      | $266454.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| CIRRUS LOGIC INC.                                | CIRRUS LOGIC INC                              | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |      5416 | NS      | $641796.00    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC                      | NASD100 MICRO FUT EMINMAR26 HWBH6             | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |         1 | NC      | $242.85       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PINTEREST INC                                    | PINTEREST INC CL A                            | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     35983 | NS      | $931599.87    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| YALLA GROUP LTD                                  | YALLA GROUP LTD ADR                           | CUSIP: 98459U103<br>LEI: 254900JO9GJYWVJTAX89 | Long             | EC               | CORP              | KY        |     32200 | NS      | $223468.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                                          | PTC INC                                       | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      6157 | NS      | $1072610.97   | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust                     | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    796453 | NS      | $796532.53    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP                                      | ROBLOX CORP                                   | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |     18372 | NS      | $1488683.16   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                      | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     12095 | NS      | $2255717.50   | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNNY OPTICAL TECHNOLOGY (GROUP) COMPANY LIMITED | SUNNY OPTICAL TEC(GROUP)CO LTD                | CUSIP: N/A<br>LEI: 3003004QIVP0DFVVWM94       | Long             | EC               | CORP              | KY        |     73600 | NS      | $619834.26    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UBISOFT ENTERTAINMENT SA                         | UBISOFT ENTERTAINMENT SA                      | CUSIP: N/A<br>LEI: 969500I7C8V1LBIMSM05       | Long             | EC               | CORP              | FR        |     38485 | NS      | $291170.08    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| COREWEAVE INC                                    | COREWEAVE INC                                 | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |     12117 | NS      | $867698.37    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| REDDIT INC                                       | REDDIT INC A                                  | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |      5506 | NS      | $1265664.22   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE INC                                      | NETEASE INC                                   | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |     55900 | NS      | $1541226.95   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                     | ALPHABET INC CL A                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6983 | NS      | $2185679.00   | 4.50%             |  |  |  | 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