Federated Hermes MDT Market Neutral ETF

Frequently Asked Questions About MKTN

What does MKTN invest in?

This actively managed equity ETF, the Federated Hermes MDT Market Neutral ETF, is designed to pursue sustained capital appreciation over an extended period. It achieves this by intentionally minimizing its susceptibility to general stock market fluctuations. The fund employs sophisticated quantitative models to systematically identify and execute both long and short equity positions, primarily within companies listed in the Russell 3000 index. The overarching goal is to deliver investment returns that exhibit minimal correlation with the broader market's performance.

What is the expense ratio of MKTN?

Federated Hermes MDT Market Neutral ETF (MKTN) charges an expense ratio of 2.27%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MKTN?

Federated Hermes MDT Market Neutral ETF (MKTN) manages $158.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is MKTN actively managed or an index fund?

MKTN is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MKTN's is 2.27%) in exchange for the discretion to over- or under-weight positions.

When was MKTN launched?

Federated Hermes MDT Market Neutral ETF (MKTN) launched in September 2025 and is managed by Federated Hermes.

How has MKTN performed?

MKTN's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.