Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. It is co-managed by Fidelity Management & Research (U.K.) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research (Japan) Limited. It invests in public equity markets of global region. The fund invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies of large-cap companies, within the market capitalization range of the Russell 1000 Index or the S&P 500 Index. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P 500 Index. Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF was formed on June 2, 2020 and is domiciled in the United States.