Federated Hermes MDT Market Neutral ETF (MKTN)
| Assets | $220.66M |
| Expense Ratio | 1.94% |
| PE Ratio | n/a |
| Forward PE | n/a |
| Shares Out | 7.80M |
| Dividend | $0.07 (0.23%) |
| Ex-Dividend Date | Dec 31, 2025 |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 181,849 |
| Open | 28.65 |
| Previous Close | 28.62 |
| Day's Range | 28.65 - 28.65 |
| 52-Week Low | 24.86 |
| 52-Week High | 29.07 |
| Beta | n/a |
| Holdings | 399 |
| Inception Date | Sep 24, 2025 |
About MKTN
Fund Home PageThe Federated Hermes MDT Market Neutral ETF (MKTN) is an exchange-traded fund that mostly invests in long/short alternatives. The fund utilizes a quantitatively-driven market neutral equity strategy, balancing long and short positions within the US equity market. The fund seeks long-term capital appreciation while limiting exposure to general stock market risk. MKTN was launched on Sep 24, 2025 and is issued by Federated Hermes.
Top 10 Holdings
100.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Govt Oblg Pr Shares | n/a | 78.91% |
| Fiserv, Inc. | FISV | 3.18% |
| AbbVie Inc. | ABBV | 2.63% |
| The Bank of New York Mellon Corporation | BNY | 2.60% |
| GE Aerospace | GE | 2.50% |
| Five Below, Inc. | FIVE | 2.28% |
| Intuit Inc. | INTU | 2.28% |
| The Travelers Companies, Inc. | TRV | 2.27% |
| CrowdStrike Holdings, Inc. | CRWD | 2.11% |
| State Street Corporation | STT | 1.97% |
Performance
MKTN had a total return of 13.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.07%.
News
Federated Hermes launches Federated Hermes MDT Market Neutral ETF
New product leverages MDT investment team's three decades of experience and skill PITTSBURGH , Sept. 25, 2025 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active investing, t...