Fund Evaluator:
Federated Hermes MDT Market Neutral ETF (MKTN)
Follow This Fund
Alternative Strategies
Global Asset Class
Alternative
Fund Group
Equity Market Neutral
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
1.94% F
Expense Ratio
$117 Mil
Assets
Open
Status
0.00%
12b-1 Fee
na
TTM Yield
0.00%
Max Load
59%
Portfolio Turnover
Best Performing in Equity Market Neutral Over the Last Year
| 17.3% | Bridgeway Global Opportunities Fund N (BRGOX) |
| 6.3% | Fidelity Advisor Equity Market Neutral Z (FEMWX) |
Data as of 7/31/2026
5.1% C
1-Mo Return
6.9% A
3-Mo Return
6.2% A
YTD Return
na
1-Yr Return
na
3-Yr Return
na
5-Yr Return
na
Category Risk Index
na
Total Risk Index
Fund Details
Fund Family
Federated
Inception Date
9/24/2025
Share Class Type
Equity Investment Style
Mid-Cap
Blend
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
N/A: 100%
Additional Fund Details
Federated Hermes MDT Market Neutral ETF Overview
MKTN Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MKTN Return (NAV) | 5.1% | 6.9% | na | na | na | na |
| MKTN Grade | C | A | na | na | na | na |
| +/- Category | 3.0% | 3.8% | na | na | na | na |
| Equity Market Neutral Avg | 2.1% | 3.1% | 10.0% | 10.3% | 8.2% | 5.0% |
| MKTN Tax Cost Ratio | na | na | na | na | na | na |
MKTN Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MKTN Return (NAV) | 6.2% | na | na | na | na | na | na | na | na | na | na |
| MKTN Grade | A | na | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.6% | na | na | na | na | na | na | na | na | na | na |
| Equity Market Neutral Avg | 4.6% | 10.5% | 9.8% | 8.3% | 4.5% | 6.9% | -1.6% | 1.7% | -0.4% | 5.7% | 0.6% |
| Risk Measures | |
| Standard Deviation: | na |
| Total Risk Index: | na |
| Category Risk Index: | na |
| Category Risk Grade: | |
| Beta: | na |
| R-Squared: | na |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | -- |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $117 Mil |
| Fund Total Assets: | $ 118 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 59% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 0.9 years | |||
| Average Tenure: 0.9 years | |||
| Managers (Year): Konopka Frederick (2025), Mahr Daniel (2025), Lewicke John (2025), Zhang Damien (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 385 |
| % in Top 10 Holdings: | 24.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | -0.9% |
Portfolio Allocation |
|
| Domestic Stock: | 23.5% |
| Foreign Stock: | -0.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 77.4% |
Purchase Information
| Fund Family: | Federated |
| Phone Number: | 800-341-7400 |
| Website: |
| Status: | Open |
| Inception Date: | September 24, 2025 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.94% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.99% |
| Share Class: | Federated Hermes MDT Market Neutral ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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