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