Fidelity Covington Trust Fidelity Crypto Industry and Digital Payments ETF

FDIG is a Global Equities ETF. The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Crypto Industry and Digital Payments Index. Normally investing at least 80% of assets in equity securities included in the Fidelity Crypto Industry and Digital Payments Index and in depositary receipts representing securities included in the index. The Fidelity Crypto Industry and Digital Payments Index is designed to reflect the performance of a global universe of companies engaged in activities related to cryptocurrency, related blockchain technology, and digital payments processing.

FDIG tracks the Fidelity Crypto Industry and Digital Payments Index.

No, FDIG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, FDIG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FDIG is -0.0846%. This is the percent change in the value of FDIG over the most recent 1-month period. The 3-month return on FDIG is -0.1018%. This is the percent change in the value of FDIG over the most recent 3-month period.

The standard deviation of FDIG for the past year is 0.5955%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FDIG include PBW, IGF, and EFG.

ETFs correlated to FDIG include BKCH, BLOK, and WGMI.

ETFs that are inversely correlated to FDIG include SARK, HDGE, and WEBS.