Supplement to the

Fidelity® Preferred Securities & Income ETF

December 30, 2022

Summary Prospectus

Effective January 1, 2024, the following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading. 

Rick Gandhi (Co-Portfolio Manager) has managed the fund since 2024.

PSI-SUSTK-1123-100 1.9911180.100 November 9, 2023