Federated Hermes MDT Market Neutral ETF (MKTN)
25.52
+0.07
(+0.29%)
USD |
NYSEARCA |
Dec 11, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.10% | -0.01% | 14.80M | 14496.27 |
| Weighted Average Dividend Yield | Turnover Ratio (Generic) | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| -- | -- | 6.449M | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term capital appreciation while limiting exposure to general stock market risk. The fund mainly invests in equity securities of issuers listed in the Russell 3000 Index where it measures the performance of the 3,000 largest U.S. companies by market capitalization. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Equity Market Neutral Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Equity Market Neutral Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 12, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 14.36% |
| Stock | 6.87% |
| Bond | 0.00% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 78.77% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide long-term capital appreciation while limiting exposure to general stock market risk. The fund mainly invests in equity securities of issuers listed in the Russell 3000 Index where it measures the performance of the 3,000 largest U.S. companies by market capitalization. |
| General | |
| Security Type | Exchange-Traded Fund |
| Broad Asset Class | Alternative |
| Broad Category | Alternative Strategies |
| Global Peer Group | Alternative Equity Market Neutral |
| Peer Group | Alternative Equity Market Neutral Funds |
| Global Macro | Alternative Equity |
| US Macro | Alternative Equity Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Alternative Equity Market Neutral Funds |
| Fund Owner Firm Name | Federated Hermes |
| Broad Asset Class Benchmark Index | |
| ^MSACWINTR | 100.0% |