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Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. It is co-managed by BlackRock Fund Advisors. It invests in public equity markets of the United States. It invests in stocks of companies operating across consumer discretionary sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the MSCI USA IMI Consumer Discretionary 25/50 Index, by using representative sampling technique. Fidelity Covington Trust - Fidelity MSCI Consumer Discretionary Index ETF was formed on October 21, 2013 and is domiciled in the United States.