Verdicts genuinely change. Free email alert the moment FCLO's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Fidelity CLO ETF · Fidelity Covington Trust
53 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 107% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED None of this fund's 53 holdings are companies in our screened equity universe. Our look-through screens equities, so it does not apply to a fund holding bonds, sukuk or other instruments — this is not a gap in our data about the fund.
Largest holdings: Fidelity Revere Street Trust, BENEFIT STR PARTNERS CLO XXXIV LTD / BENEFIT STR PARTNERS CLO XXXIV LTD, PSTAT 24-1A, SANDSTONE PEAK III LTD, GALAXY CLO LTD.
53 holdings, 1 matched (3% of weight). Portfolio as of 2026-05-31, filed 2026-07-24. Source: SEC Form N-PORT.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Fidelity Revere Street Trust | UNSCREENED | 16.77% | no in-house ratios for this holding |
| FREDDIE MAC STACR REMIC TRUST 2021-DNA1 | NON_COMPLIANT | 3.38% | no in-house ratios for this holding |
| BENEFIT STR PARTNERS CLO XXXIV LTD / BENEFIT STR PARTNERS CLO XXXIV LTD | UNSCREENED | 3.13% | no in-house ratios for this holding |
| PSTAT 24-1A | UNSCREENED | 2.87% | no in-house ratios for this holding |
| SANDSTONE PEAK III LTD | UNSCREENED | 2.47% | no in-house ratios for this holding |
| GALAXY CLO LTD | UNSCREENED | 2.39% | no in-house ratios for this holding |
| ELMWOOD CLO 25 LTD | UNSCREENED | 2.39% | no in-house ratios for this holding |
| ANCHORAGE CAP CLO 37 LTD | UNSCREENED | 2.39% | no in-house ratios for this holding |
| OCP CLO 2024-31 LTD / OCP CLO 2024-31 LLC | UNSCREENED | 2.38% | no in-house ratios for this holding |
| TRESTLES CLO X LTD 26-10A | UNSCREENED | 2.38% | no in-house ratios for this holding |
| MIDOCEAN CREDIT CLO XXII | UNSCREENED | 2.36% | no in-house ratios for this holding |
| ELMWOOD CLO 23 LTD / ELMWOOD CLO 23 LLC | UNSCREENED | 2.28% | no in-house ratios for this holding |
| CARVAL CLO III LTD / CARVAL CLO III LLC | UNSCREENED | 2.27% | no in-house ratios for this holding |
| Fidelity Merrimack Street Trust | UNSCREENED | 2.09% | no in-house ratios for this holding |
| RR 31 LTD | UNSCREENED | 1.91% | no in-house ratios for this holding |
| SIGNAL PEAK CLO 11 LTD | UNSCREENED | 1.91% | no in-house ratios for this holding |
| GARNET 2025-4A | UNSCREENED | 1.91% | no in-house ratios for this holding |
| OCP CLO AEGIS 2024-39 LTD | UNSCREENED | 1.91% | no in-house ratios for this holding |
| CIFC 2022-1A | UNSCREENED | 1.91% | no in-house ratios for this holding |
| AIMCO 26-27A | UNSCREENED | 1.91% | no in-house ratios for this holding |
| CARLYLE US CLO 2017-2 LTD | UNSCREENED | 1.91% | no in-house ratios for this holding |
| ARINI US CLO VI LTD | UNSCREENED | 1.90% | no in-house ratios for this holding |
| PALMER SQUARE LOAN FUNDING 2026-1 LTD | UNSCREENED | 1.90% | no in-house ratios for this holding |
| POST CLO VIII LTD/LLC | UNSCREENED | 1.90% | no in-house ratios for this holding |
| FORTRESS CREDIT BSL VIII LTD | UNSCREENED | 1.90% | no in-house ratios for this holding |
| MAGNETITE XXI LTD 2019-21A A | UNSCREENED | 1.90% | no in-house ratios for this holding |
| VOYA CLO 2026-1 LTD | UNSCREENED | 1.90% | no in-house ratios for this holding |
| CIFC FDG 2022-II LTD / CIFC FDG 2022-II LLC | UNSCREENED | 1.90% | no in-house ratios for this holding |
| OBRA CLO 4 LTD | UNSCREENED | 1.90% | no in-house ratios for this holding |
| GALAXY 33 CLO LTD | UNSCREENED | 1.89% | no in-house ratios for this holding |
| RR 25 LTD | UNSCREENED | 1.89% | no in-house ratios for this holding |
| PIKES PEAK CLO 6 / PIKES PEAK CLO 6 LLC | UNSCREENED | 1.88% | no in-house ratios for this holding |
| BRANT POINT CLO 2024-3 LTD | UNSCREENED | 1.88% | no in-house ratios for this holding |
| TRESTLES CLO X LTD | UNSCREENED | 1.87% | no in-house ratios for this holding |
| OHA LOAN FUNDING 2013-1 LTD | UNSCREENED | 1.85% | no in-house ratios for this holding |
| MAGNETITE XVII LTD | UNSCREENED | 1.85% | no in-house ratios for this holding |
| KKR CLO 25 LTD | UNSCREENED | 1.71% | no in-house ratios for this holding |
| BAIN CAPITAL CREDIT CLO 2019-4 LTD | UNSCREENED | 1.37% | no in-house ratios for this holding |
| DIAMETER CAPITAL CLO | UNSCREENED | 0.97% | no in-house ratios for this holding |
| GENERATE CLO 19 LTD | UNSCREENED | 0.95% | no in-house ratios for this holding |
| SIXTH STR CLO XV LTD / SIXTH STR CLO XV LLC | UNSCREENED | 0.95% | no in-house ratios for this holding |
| KATAYMA CLO II | UNSCREENED | 0.95% | no in-house ratios for this holding |
| CARVAL CLO II LTD / CARVAL CLO II LLC | UNSCREENED | 0.95% | no in-house ratios for this holding |
| MAGNETITE XXXIV LTD | UNSCREENED | 0.95% | no in-house ratios for this holding |
| FORTRESS CREDIT BSL | UNSCREENED | 0.95% | no in-house ratios for this holding |
| KKR CLO 20 LTD / KKR CLO 20 LLC | UNSCREENED | 0.95% | no in-house ratios for this holding |
| APIDOS CLO XXXVI | UNSCREENED | 0.94% | no in-house ratios for this holding |
| REGATTA 36 FDG LTD / REGATTA 36 FDG LLC | UNSCREENED | 0.93% | no in-house ratios for this holding |
| APL FINANCE 2023-1 DAC | UNSCREENED | 0.93% | no in-house ratios for this holding |
| PIXLEY PARK CLO LTD | UNSCREENED | 0.91% | no in-house ratios for this holding |
| GCM CLO 2026-1 LTD | UNSCREENED | 0.57% | no in-house ratios for this holding |
| OBRA CLO 4 LTD / LLC | UNSCREENED | 0.57% | no in-house ratios for this holding |
| BLUEMOUNTAIN CLO XXII LTD | UNSCREENED | 0.19% | no in-house ratios for this holding |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Still fetching analyst coverage — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
Computing the full ratio and business-activity breakdown for FCLO — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 82.90 | SELL |
| Stochastic %K (14) | 93.33 | SELL |
| CCI (20) | 150.40 | SELL |
| Williams %R (14) | -6.67 | SELL |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | 0.20 | BUY |
| Momentum (10) | 0.10 | BUY |
| EMA (10) | 50.45 | BUY |
| SMA (10) | 50.45 | BUY |
| EMA (20) | 50.39 | BUY |
| SMA (20) | 50.40 | BUY |
| EMA (30) | 50.31 | BUY |
| SMA (30) | 50.33 | BUY |
| EMA (50) | 50.16 | BUY |
| SMA (50) | 50.15 | BUY |
| EMA (100) | 49.78 | BUY |
| SMA (100) | 49.76 | BUY |
| EMA (200) | 49.26 | BUY |
The fund is normally investing at least 80% of assets in collateralized loan obligations (CLOs). It is a type of asset-backed security. The fund is typically collateralized by a pool of loans, which may include domestic and foreign senior secured loans, senior unsecured loans, and subordinate corporate loans, including loans that may be rated below investment grade or equivalent unrated loans, and including "covenant lite" loans, which have few or no financial maintenance covenants. CLOs may charge management fees and other expenses. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 42 |
| 🕐 1H | NEUTRAL | 21 |
| ⏱ 15-Min | BULLISH | 85 |
| ⏲ 5-Min | BEARISH | 234 |
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Still fetching insider filings — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-13 · Asset managers net 915835 (+9220)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.