Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF

FMIL

Fidelity

Fidelity Covington Trust - Fidelity Fundamental Large Cap Core ETF (FMIL) on the Akinda fund screen (AAOIFI-derived): Not halal. Coverage 95.53%. Below: the fund under all five rulebooks, its facts and every holding with its own verdict.

Akinda fund screen

Akinda fund screen (AAOIFI-derived)Not halalCoverage: 95.53%

Halal 61.78%
Doubtful 8.88%
Not halal 24.87%
Not rated 4.47%

The bar is scaled to fit; the figures are as reported, and the buckets do not always total 100%.

Coverage is the share of the fund's weight we hold a usable verdict for. Below 95%, a fund is rated only when the weight we can see already breaches the 5% limit; otherwise it is not rated by this method.

Fund facts

Issuer: Fidelity
Venue (where it trades): United States
Domicile (where it is registered): United States
Reporting currency: USD
Expense ratio: 0.38%
AUM: 766.17M USD
Holdings: 120 (112 screened)
Basket as of (provider): 2 Nov 2026
Basket fetched by Akinda: 2 Nov 2026
Verdict updated: 3 Nov 2026

Venue is where a fund trades; domicile is where it is registered. London-listed funds are domiciled in Ireland or Luxembourg, so use Venue for UK ETFs.

Five rulebooks

Rulebook	Verdict	Halal	Not halal
Akinda fund screen (AAOIFI)	Not halal	61.78%	24.87%
DJIM	Not halal	63.10%	26.34%
FTSE	Not halal	48.62%	41.43%
MSCI	Not halal	48.62%	41.43%
S&P	Not halal	63.49%	25.95%

Every bar uses the same 0–100% scale. Index rulebooks report only halal and not-halal weight; uncoloured weight is weight that rulebook does not classify. Coverage is published for the Akinda fund screen only.

The fund screen and the four index rulebooks answer different questions, so they are expected to disagree. A fund can be doubtful on our fund screen and halal under S&P; both are correct.

Holdings

1–50 of 120 holdings, largest first · basket as of 2 Nov 2026

No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
No.	Holding	Weight	Akinda (AAOIFI)	DJIM	FTSE	MSCI	S&P
1	NVDANVIDIA CORP	8.10%	Halal	Halal	Halal	Halal	Halal
2	MSFTMICROSOFT CORP	6.26%	Halal	Halal	Halal	Halal	Halal
3	GOOGLALPHABET INC CL A	5.05%	Doubtful	Not rated	Not rated	Not rated	Not rated
4	AMZNAMAZON.COM INC	4.67%	Halal	Halal	Halal	Halal	Halal
5	AAPLAPPLE INC	4.67%	Halal	Halal	Halal	Halal	Halal
6	METAMETA PLATFORMS INC CL A	3.62%	Halal	Halal	Halal	Halal	Halal
7	TSMTAIWAN SEMIC MFG CO LTD SP ADR	2.47%	Halal	Halal	Not halal	Not halal	Halal
8	LLYELI LILLY & CO	2.35%	Halal	Halal	Not halal	Not halal	Halal
9	XOMEXXONMOBIL HOLDINGS CORP	2.31%	Halal	Halal	Halal	Halal	Halal
10	VVISA INC CL A	2.11%	Halal	Not halal	Not halal	Not halal	Not halal
11	AVGOBROADCOM INC	1.76%	Halal	Halal	Not halal	Not halal	Halal
12	BABOEING CO	1.51%	Not halal	Not halal	Not halal	Not halal	Not halal
13	TMOTHERMO FISHER SCIENTIFIC INC	1.48%	Halal	Halal	Not halal	Not halal	Halal
14	SHELSHELL PLC SPONS ADR	1.40%	Not halal	Not halal	Halal	Halal	Not halal
15	WFCWELLS FARGO & CO	1.39%	Not halal	Not halal	Not halal	Not halal	Not halal
16	WDCWESTERN DIGITAL CORP	1.25%	Halal	Halal	Halal	Halal	Halal
17	AMDADVANCED MICRO DEVICES INC	1.23%	Halal	Halal	Halal	Halal	Halal
18	KDPKEURIG DR PEPPER INC	1.22%	Not halal	Not halal	Halal	Halal	Not halal
19	GEGE AEROSPACE	1.16%	Doubtful	Halal	Not halal	Not halal	Halal
20	WABWESTINGHOUSE AIR BRAKE TEC CRP	1.10%	Halal	Halal	Halal	Halal	Halal
21	PMPHILIP MORRIS INTL INC	1.08%	Not halal	Not halal	Not halal	Not halal	Not halal
22	BACBANK OF AMERICA CORPORATION	1.06%	Not halal	Not halal	Not halal	Not halal	Not halal
23	STXSEAGATE TECHN HOLDINGS PLC	1.05%	Halal	Halal	Not halal	Not halal	Halal
24	UNHUNITEDHEALTH GROUP INC	1.03%	Not halal	Not halal	Not halal	Not halal	Not halal
25	0VQD.LCHUBB LTD	0.99%	Not rated	Not rated	Not rated	Not rated	Not rated
26	LOWLOWES COS INC	0.98%	Not halal	Halal	Not halal	Not halal	Halal
27	MRKMERCK & CO INC NEW	0.97%	Halal	Halal	Not halal	Not halal	Halal
28	BATS.LBRITISH AMERICAN TOBACCO PLC	0.88%	Not halal	Not halal	Not halal	Not halal	Not halal
29	DHRDANAHER CORP	0.86%	Halal	Halal	Halal	Halal	Halal
30	HDHOME DEPOT INC	0.80%	Halal	Halal	Not halal	Not halal	Halal
31	IMO.TOIMPERIAL OIL LTD	0.78%	Halal	Halal	Halal	Halal	Halal
32	KOCOCA COLA CO	0.77%	Halal	Halal	Not halal	Not halal	Halal
33	GEVGE VERNOVA INC	0.75%	Halal	Halal	Halal	Halal	Halal
34	CRMSALESFORCE INC	0.74%	Halal	Halal	Halal	Halal	Halal
35	GILDGILEAD SCIENCES INC	0.68%	Halal	Halal	Not halal	Not halal	Halal
36	APHAMPHENOL CORPORATION CL A	0.67%	Halal	Halal	Not halal	Not halal	Halal
37	APOAPOLLO GLOBAL MANAGEMENT INC	0.66%	Not halal	Not halal	Not halal	Not halal	Not halal
38	UPSUNITED PARCEL SERVICE INC CL B	0.64%	Halal	Halal	Halal	Halal	Halal
39	GENGEN DIGITAL INC	0.62%	Not halal	Not halal	Not halal	Not halal	Not halal
40	ALSNALLISON TRANSMISSION HLDGS INC	0.61%	Not halal	Not halal	Not halal	Not halal	Not halal
41	PCARPACCAR INC	0.61%	Doubtful	Not rated	Not halal	Not halal	Not rated
42	KLACKLA CORP	0.61%	Halal	Halal	Halal	Halal	Halal
43	OTISOTIS WORLDWIDE CORP	0.60%	Halal	Halal	Not halal	Not halal	Halal
44	AJGARTHUR J GALLAGHAR AND CO	0.58%	Not halal	Not halal	Not halal	Not halal	Not halal
45	GSKGSK PLC SPONS ADR	0.58%	Halal	Halal	Halal	Halal	Halal
46	SCHWSCHWAB CHARLES CORP	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
47	SOSOUTHERN CO	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
48	HLTHILTON WORLDWIDE HOLDINGS INC	0.57%	Doubtful	Halal	Not halal	Not halal	Halal
49	OWLBLUE OWL CAPITAL INC A	0.57%	Not halal	Not halal	Not halal	Not halal	Not halal
50	VTRVENTAS INC REIT	0.55%	Not halal	Not halal	Not halal	Not halal	Not halal

Not rated means we hold no usable verdict for that company; it is never treated as compliant.

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