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Fidelity Covington Trust - Fidelity Blue Chip Value ETF is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. The fund is co-managed by Fidelity Management & Research (U.K.) Limited, Fidelity Management & Research (Hong Kong) Limited, and Fidelity Management & Research (Japan) Limited. The fund invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies across diversified market capitalization. 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 Russell 1000 Value Index. Fidelity Covington Trust - Fidelity Blue Chip Value ETF was formed on June 2, 2020 and is domiciled in the United States.