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Federated Hermes MDT Market Neutral ETF (MKTN)
About this ETF
An actively managed market neutral equity ETF that aims to generate long-term capital appreciation while limiting exposure to the general stock market. It does this via quantitative models selecting long and short positions primarily within the Russell 3000 universe, targeting return with low correlation to market direction.
Price
Top 10 holdings
| FEDERATED GOVT OBLG PR SHARES | 79.13% |
| FISERV INC COMMON STOCK USD.01 FI | 2.65% |
| TRAVELERS COS INC/THE COMMON STOCK TRV | 2.62% |
| VIKING HOLDINGS LTD COMMON STOCK USD.01 VIK | 2.52% |
| GE VERNOVA INC COMMON STOCK USD.01 GEV | 2.47% |
| CROWDSTRIKE HOLDINGS INC A COMMON STOCK CRWD | 2.37% |
| ABBVIE INC COMMON STOCK USD.01 ABBV | 2.33% |
| INTUIT INC COMMON STOCK USD.01 INTU | 2.21% |
| GENERAL ELECTRIC COMMON STOCK USD.01 GE | 2.08% |
| ADVANCE AUTO PARTS INC COMMON STOCK USD.0001 AAP | 1.98% |
Sector mix
No sector breakdown available for this fund.
Price chart
Returns
| 1 month | +3.28% |
| 3 months | +3.36% |
| 6 months | +4.05% |
| Year to date | +3.20% |
| 1 year | — |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | — |
| Sharpe (1y) | — |
| Sharpe (3y) | — |
| Sortino (1y) | — |
| Max drawdown (1y) | — |
| Max drawdown (5y) | — |
| Max drawdown (full) | -4.13% |
| Beta vs S&P 500 (1y) | 0.00 |
| Correlation vs S&P 500 (1y) | 0.00 |
Technical outlook not available yet — this fund does not have enough price history for the statistical models.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Geographic exposure
Cost vs. peers
Comparison universe: 184 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2025-12-31 | 2026-01-02 | USD 0.0655 |
ESG profile
Benchmark: average of 30 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| iShares Bitcoin Trust ETF IBIT | 0.25% | 46.82B | — | -45.40% | -1.13 |
| Grayscale Bitcoin Trust ETF GBTC | 1.50% | 8.67B | — | -46.00% | -1.16 |
| Invesco Senior Loan ETF BKLN | 0.67% | 7.19B | 6.56% | -2.67% | -0.81 |
| abrdn Physical Gold Shares ETF SGOL | 0.17% | 6.81B | — | +20.15% | 0.80 |
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC | 0.74% | 5.34B | 3.01% | +27.55% | 1.37 |
| iShares Ethereum Trust ETF ETHA | 0.25% | 4.93B | — | -37.38% | -0.34 |
| abrdn Physical Silver Shares ETF SIVR | 0.30% | 3.97B | — | +55.06% | 1.04 |
| abrdn Physical Precious Metals Basket Shares ETF GLTR | 0.60% | 2.48B | — | +28.38% | 0.84 |
| abrdn Bloomberg All Commodity Strategy K-1 Free ETF BCI | 0.26% | 2.38B | 13.79% | +10.98% | 0.59 |
| Bitwise Bitcoin ETF Trust BITB | 0.20% | 2.32B | — | -45.29% | -1.13 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Virtus Reaves Utilities ETF UTES | 0.49% | 1.39B | -0.7% |
| Franklin Systematic Style Premia ETF FLSP | 0.65% | 1.00B | -33.5% |
| WisdomTree U.S. Efficient Core Fund NTSX | 0.20% | 1.37B | -33.7% |
| iShares Bitcoin ETP IB1T.PA | 0.15% | 1.03B | 0.0% |
| WisdomTree Physical Bitcoin BTCW.SW | 0.15% | 1.19B | 0.0% |
