Home / Fidelity / FIDELITY COVINGTON TRUST
FIDELITY COVINGTON TRUST
fund voting report, part of Fidelity
- Vote records reported
- 103,445year to 30 June 2026
- Against management
- 4.4%4,405 of 99,687 marked votes
- Say-on-pay support
- 95.2%for, of for + against + abstain
- Shareholder-proposal support
- 15.3%for, of for + against + abstain
foragainstabstain, withhold or otheramber tick: the portion cast against management
In its Form N-PX for the year to 30 June 2026, FIDELITY COVINGTON TRUST listed 103,445 vote records. Votes against management made up 4.4% of those marked either way (4,405 of 99,687); the median fund registrant stood at 6.2%.
Weighted by the number of shares voted, the against-management share is 6.5%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 95.2% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 15.3% of the proposals put forward by security holders (the median fund registrant: 27.5%).
By category, votes against management were most frequent in SHAREHOLDER RIGHTS AND DEFENSES (28.4% of 327), CAPITAL STRUCTURE (8.4% of 5,053) and COMPENSATION (7.1% of 5,947).
It reported 1.19 billion shares out on loan at record dates, 5.13% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.
| year to 30 June 2026 | This filer | Median fund registrant | All filers pooled |
|---|---|---|---|
| Against-management share | 4.4% | 6.2% | 10.6% |
| Say-on-pay support rate | 95.2% | 91.6% | 86.0% |
| Shareholder-proposal support rate | 15.3% | 27.5% | 33.9% |
| Shares on loan, share of shares held | 5.13% | 0.00% | 3.12% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| DIRECTOR ELECTIONS | 62,545 | 59,770 | 1,395 | 4.0% | |
| SECTION 14A SAY-ON-PAY VOTES | 7,157 | 6,347 | 322 | 5.0% | |
| AUDIT-RELATED | 8,297 | 8,211 | 80 | 0.6% | |
| INVESTMENT COMPANY MATTERS | 4 | 4 | 0 | 0.0% | |
| SHAREHOLDER RIGHTS AND DEFENSES | 336 | 251 | 84 | 28.4% | |
| EXTRAORDINARY TRANSACTIONS | 785 | 731 | 54 | 6.2% | |
| CAPITAL STRUCTURE | 5,055 | 4,666 | 387 | 8.4% | |
| COMPENSATION | 5,978 | 5,455 | 522 | 7.1% | |
| CORPORATE GOVERNANCE | 9,525 | 7,828 | 1,665 | 6.2% | |
| ENVIRONMENT OR CLIMATE | 944 | 161 | 783 | 6.5% | |
| HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE | 414 | 98 | 316 | 3.1% | |
| DIVERSITY, EQUITY, AND INCLUSION | 505 | 97 | 408 | 2.2% | |
| OTHER SOCIAL ISSUES | 1,338 | 259 | 1,079 | 1.4% | |
| OTHER | 308 | 199 | 109 | 2.2% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 90,383 | 4.0% | 95.9% | 17.1% | |
| year to 30 June 2025 | 102,852 | 4.0% | 96.6% | 15.4% | |
| year to 30 June 2026 | 103,445 | 4.4% | 95.2% | 15.3% |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, FIDELITY COVINGTON TRUST voted against management on 107 of the 2,197 it marked either way (4.9%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.
A further 1 say-on-pay item was reported without a management mark and are left out of both sides of that fraction.
- Arista Networks, Inc. 29 May 2026
- WARNER BROS. DISCOVERY, INC. 23 Apr 2026
- WARNER BROS. DISCOVERY, INC. 9 Jun 2026
- T-Mobile US, Inc. 16 Jun 2026
- DEVON ENERGY CORPORATION 30 Jun 2026
- Dell Technologies Inc. 25 Jun 2026
- Welltower Inc. 21 May 2026
- Snowflake Inc. 2 Jul 2025
- Snowflake Inc. 29 Jun 2026
- Microchip Technology Incorporated 19 Aug 2025
- Cloudflare, Inc. 30 Jun 2026
- Rocket Lab Corporation 27 Aug 2025
- Rivian Automotive, Inc. 22 Jun 2026
- Tyson Foods, Inc. 5 Feb 2026
- Zoom Communications, Inc. 11 Jun 2026
- Corpay, Inc. 7 May 2026
- IonQ, Inc. 16 Jun 2026
- Exact Sciences Corporation 20 Feb 2026
- Chewy, Inc. 10 Jul 2025
- Chemed Corporation 18 May 2026
- Sanmina Corporation 9 Mar 2026
- SM Energy Company 21 May 2026
- Maplebear Inc. 22 May 2026
- Procore Technologies, Inc. 4 Jun 2026
- FMC Corporation 28 Apr 2026
- Wayfair Inc. 21 May 2026
- Hamilton Lane Incorporated 4 Sep 2025
- Viking Therapeutics, Inc. 19 May 2026
- TEGNA Inc. 18 Nov 2025
- Core Scientific, Inc. 30 Oct 2025
- Tri Pointe Homes, Inc. 16 Apr 2026
- Arrowhead Pharmaceuticals, Inc. 19 Mar 2026
- TeraWulf Inc. 9 Jun 2026
- ADT Inc. 27 May 2026
- Sphere Entertainment Co. 10 Jun 2026
- The Boston Beer Company, Inc. 27 May 2026
- TPG Inc. 3 Jun 2026
- TG Therapeutics, Inc. 11 Jun 2026
- BGC Group, Inc. 12 Nov 2025
- nLIGHT, Inc. 5 Jun 2026
Shareholder proposals it supported
Of 673 proposals from security holders that could be told apart in the filings and on which it cast a vote, FIDELITY COVINGTON TRUST voted for 108 (16.0%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.
| Company | Meeting | Proposal |
|---|---|---|
| Amazon.com, Inc. | 20 May 2026 | Shareholder proposal requesting additional reporting on impact of data centers on climate commitments |
| NVIDIA Corporation | 24 Jun 2026 | Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting... |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding equal shareholder voting |
| Alphabet Inc. | 5 Jun 2026 | Shareholder proposal regarding an enhanced disclosure on climate goals |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend the bylaws to repeal 3% derivative suit ownership threshold. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to amend Article X of the bylaws. |
| Tesla, Inc. | 6 Nov 2025 | A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to... |
| Tesla, Inc. | 6 Nov 2025 | Declassify the Board of Directors |
| Tesla, Inc. | 6 Nov 2025 | Shareholder proposal: CORPORATE GOVERNANCE |
| Wells Fargo & Company | 28 Apr 2026 | Shareholder Proposal - Govern by Majority Vote. |
| Starbucks Corporation | 25 Mar 2026 | Shareholder proposal requesting supermajority shareholder voting requirements be replaced with majority... |
| Palo Alto Networks, Inc. | 9 Dec 2025 | To consider and vote upon a shareholder proposal, if properly presented at the Annual Meeting, regarding... |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding annual vote regarding executive pay. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding disclosure of voting results by share class. |
| Meta Platforms, Inc. | 27 May 2026 | A shareholder proposal regarding report on climate change-related commitments. |
| United Parcel Service, Inc. | 7 May 2026 | To take steps to reduce the voting power of UPS class A stock from 10 votes per share to one vote per share. |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to a request that the Board take steps to implement one vote per share for... |
| FORD MOTOR COMPANY | 14 May 2026 | A shareholder proposal relating to public disclosure by share class of voting results on matters subject... |
| Airbnb, Inc. | 5 Jun 2026 | Dual-class sunset; and |
| Dollar General Corporation | 28 May 2026 | To vote on a shareholder proposal asking the Board to report on the feasibility of adopting a... |
| Dollar General Corporation | 28 May 2026 | Shareholder proposal: CORPORATE GOVERNANCE |
| Datadog, Inc. | 15 Jun 2026 | The stockholder proposal, if properly presented at the Annual Meeting, requesting the adoption of a simple... |
| Lennar Corporation | 8 Apr 2026 | Shareholder proposal: SHAREHOLDER RIGHTS AND DEFENSES |
| ON Semiconductor Corporation | 14 May 2026 | To vote on a stockholder proposal regarding simple majority voting |
| lululemon athletica inc. | 25 Jun 2026 | Declassify the Board of Directors |
| Zscaler, Inc. | 12 Jan 2026 | To vote on a non-binding stockholder proposal requesting the declassification of our board of directors. |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding a report on deforestation in the company's own-brand supply chain |
| BJ's Wholesale Club Holdings, Inc. | 18 Jun 2026 | Vote on a shareholder proposal regarding a report on greenhouse gas emissions reduction efforts |
| Norwegian Cruise Line Holdings Ltd. | 11 Jun 2026 | A shareholder proposal requesting the declassification of our board of directors |
| Universal Health Services, Inc. | 20 May 2026 | Disclosure of Voting Results Based on Shareholders' Money at Risk |
| Reliance, Inc. | 20 May 2026 | Company articles |
| NVR, Inc. | 7 May 2026 | Shareholder proposal to disclose greenhouse gas emissions. |
| Fortune Brands Innovations, Inc. | 5 May 2026 | Advisory vote to approve named executive officer compensation |
| Henry Schein, Inc. | 21 May 2026 | Proposal to approve, by non-binding vote, a shareholder proposal to Govern by Majority Vote. |
| Five Below, Inc. | 16 Jun 2026 | Shareholder proposal requesting that provisions in the Company's governance documents requiring greater... |
| Lumen Technologies, Inc. | 20 May 2026 | Approval of a shareholder proposal regarding a shareholder right to vote for or against a poison pill. |
| OGE Energy Corp. | 14 May 2026 | Shareholder Proposal Regarding Simple Majority Vote. |
| Eagle Materials Inc. | 4 Aug 2025 | Non-binding advisory stockholder proposal requesting the declassification of our Board of Directors. |
| AGCO Corporation | 23 Apr 2026 | Stockholder proposal regarding giving stockholders an ability to call for a special stockholder meeting |
| Wyndham Hotels & Resorts, Inc. | 14 May 2026 | To vote on a stockholder proposal, if properly presented at the meeting, regarding stockholder ability to... |
Shares on loan
FIDELITY COVINGTON TRUST reported 1.19 billion shares on loan at record dates against 21.99 billion shares voted: 5.13% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
Fund series in this filing
62 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.
The 60 series with the most vote records are shown, of 62.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 27 Aug 2026 accession 0000945908-26-000263
- Every N-PX filing by this filer on EDGAR
Questions
How did FIDELITY COVINGTON TRUST vote on executive pay?
In the year to 30 June 2026 FIDELITY COVINGTON TRUST reported 6,669 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 6,347 were for (95.2%), 322 against and 0 abstentions. Counting one item per company meeting, it voted against management on 107 of the 2,197 say-on-pay items it marked either way. A further 1 say-on-pay item was reported without a management mark and are not counted in that figure.
How often does FIDELITY COVINGTON TRUST vote against management?
4.4% of the time in the year to 30 June 2026: 4,405 of the 99,687 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Did FIDELITY COVINGTON TRUST support shareholder proposals on climate?
In the category ENVIRONMENT OR CLIMATE it reported 844 votes on proposals from security holders in the year to 30 June 2026 and voted for 61 of them (7.2%). Across every category it voted for 15.3% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by FIDELITY COVINGTON TRUST (filer no. 945908), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.