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Fidelity Covington Trust - Fidelity Sustainable U.S. Equity ETF is an exchange traded fund launched and managed by Fidelity Management & Research Company LLC. The fund is co-managed by Fidelity Management & Research (Hong Kong) Limited, Fidelity Management & Research (Japan) Limited, and Fidelity Management & Research (U.K.) Limited. It invests in public equity markets of global region. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. 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 3000 Index and the MSCI USA IMI ESG Leaders Index. The fund does not invest in stocks of companies operating across civilian semi-automatic firearms, tobacco production, controversial weapons and coal production and/or mining sectors. The fund employs proprietary research to create its portfolio. Fidelity Covington Trust - Fidelity Sustainable U.S. Equity ETF was formed on June 15, 2021 and is domiciled in the United States.