Federated Hermes MDT Market Neutral ETF (MKTN)

NYSE Arca: MKTNExchange-traded fund from Federated.

  • Expense ratio2.03%
  • Net assets$155.4M
  • Dividend yield0.23%
  • 1-year return+17.22%
  • Holdings398

MKTN ETF price chart

MKTN quote & trading statistics

MKTN performance

Total return · as of October 18, 2026
  • YTD+11.07%
  • 1 year+17.22%
1Y volatility
5.63%
3Y volatility
0.00%
3Y Sharpe ratio
0.00

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

MKTN top 10 holdings

#SymbolNameWeight
1INTUIntuit Inc2.70%
2ABBVAbbVie Inc2.66%
3FIFiserv, Inc.2.52%
4GCPGeneral Electric Company2.45%
5TRVThe Travelers Companies Inc2.22%
6FTNTFortinet Inc2.22%
7CRWDCrowdstrike Holdings Inc2.08%
8BKThe Bank of New York Mellon Corporation2.04%
9FIVEFive Below Inc1.98%
10GEVGE Vernova LLC1.87%

The top 10 holdings make up 22.7% of the fund (398 holdings in total). As of October 18, 2026.

MKTN sector weights

Technology
30.3%
Healthcare
15.7%
Financial Services
15.4%
Consumer Cyclical
12.5%
Industrials
9.2%
Communication Services
4.0%
Real Estate
2.8%
Basic Materials
2.8%
Energy
2.7%
Consumer Defensive
2.0%
Utilities
1.4%

MKTN region weights

North America
97.2%
Latin America
0.3%
Europe Developed
0.2%

MKTN asset allocation

Cash
74.4%
U.S. stocks
24.3%

MKTN market-cap breakdown

Mid cap
37.9%
Small cap
24.4%
Large cap
23.9%
Micro cap
4.9%
Mega cap
2.7%

About Federated Hermes MDT Market Neutral ETF

The fund manager seeks to achieve its objective by selecting long positions in publicly traded common stocks which the fund"s quantitative model predicts will achieve above-market returns, and short positions in publicly traded common stocks which the fund"s quantitative model predicts will achieve below-market returns.

MKTN ETF FAQ

What is the MKTN expense ratio?

Federated Hermes MDT Market Neutral ETF has a net expense ratio of 2.03%, or $203.00 a year for every $10,000 invested.

How much money is in MKTN?

Federated Hermes MDT Market Neutral ETF has about $155.4M in net assets.

What are the top holdings of MKTN?

The largest positions in MKTN are Intuit Inc (2.70%), AbbVie Inc (2.66%), Fiserv, Inc. (2.52%). The fund holds 398 securities in total.

How has MKTN performed?

MKTN returned +17.22% over the past year, including reinvested distributions.

Does MKTN pay dividends?

MKTN has a dividend yield of 0.23%.

When was MKTN launched?

Federated Hermes MDT Market Neutral ETF began trading on September 24, 2025.