Federated Hermes MDT Market Neutral ETF (MKTN) Performance
MKTN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.0% since Dec 31, 2025
- 1 year
- +16.5% total return
- Since first price
- +14.9% since 2025
MKTN trailing returns vs SPY, QQQ, AGG
| Period | MKTN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.7% | +2.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +7.2% | +7.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.8% | +11.8% | +7.8% | +8.4% | −1.5% |
| YTD | +11.0% | +11.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.5% | +15.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 25, 2025 | +14.9% | +14.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MKTN vs SPY
From Sep 25, 2025: MKTN grew to $11,494, SPY to $11,673.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MKTN returns by calendar year
2026 is year to date.
MKTN annual returns table
| Year | MKTN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.0% | −4.1% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MKTN risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +12.5% |
| Volatility (annualized) | 5.8% |
| Sharpe ratio | 1.45 |
| Sortino ratio | 3.86 |
| Best month | +5.2% |
| Worst month | −1.7% |
| Best 12 months | +12.5% |
| Worst 12 months | +12.5% |
| Positive months | 83% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MKTN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | +12.5% | +13.4% | +14.2% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
MKTN performance overview
Federated Hermes MDT Market Neutral ETF (MKTN) returned +16.5% over the past year, with distributions reinvested. Since its first recorded price on Sep 25, 2025 it has returned +14.9%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: MKTN chart, MKTN dividends. See the MKTN overview for the latest quote and fund facts.
MKTN performance FAQ
What is the MKTN return over the past year?
MKTN returned +16.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.9%.
How much would $10,000 invested in MKTN be worth?
$10,000 invested in MKTN at its first recorded close on September 25, 2025 would be worth about $11,494 on October 23, 2026 with distributions reinvested.
How volatile is MKTN?
Over the past history MKTN had an annualized volatility of 5.8% and a Sharpe ratio of 1.45 (excess return over 1–3 month T-bills per unit of risk).