MKTN Federated Hermes MDT Market Neutral ETF
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Over the year to Nov 4, 2026, MKTN returned 16.4%. When the S&P 500 fell, it rose 0.46% a week.
Promise check: DeliveredIn the 52 weeks to Nov 4, 2026, MKTN's weekly correlation with the S&P 500 was −0.06.
MKTN risk and return scorecard
vs IWV, its stated benchmark (secondary) · Oct 2025 to Oct 2026 · 56 weekly returns · dividend-adjusted
Secondary: IWV tracks the Russell 3000 Index, named in its prospectus. Its own benchmark is its holdings, which have no weekly prices.
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Jun 30, 2026What you earned
How concentrated, and what does it cost?
More on MKTN
Every number below is on this page. Open what you need.Price, 1 year
$28.88+0.8%1 day, priceClose, Nov 4, 2026
Price only. Total return over the same days, distributions reinvested, was +16.4%. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
| Window | Total return | S&P 500 (SPY) |
|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | +3.1% | −1.0% |
| 3M Aug 5 – Nov 4, 2026 | +5.3% | −0.1% |
| 6M May 6 – Nov 4, 2026 | +13.2% | +5.0% |
| YTD Dec 31, 2025 – Nov 4, 2026 | +12.6% | +13.3% |
| 1Y Nov 4, 2025 – Nov 4, 2026 | +16.4% | +14.8% |
| Since launch Sep 25, 2025 – Nov 4, 2026 | +16.6% | +17.8% |
| Since launch, annualised Sep 25, 2025 – Nov 4, 2026 | +14.8% | – |
Total returns, distributions reinvested. Listed Sep 2025: no 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
MKTN in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, MKTN +0.46%.
Money in and out
Monthly data · as of Jun 30, 2026MKTN: in the month to Jun 30, 2026, net $12.4m came in, by its SEC filing.
monthly, from SEC filings
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions MKTN files with the SEC on Form N-PORT.
How this is computed
ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for MKTN, back to Jul 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare MKTN with other funds in the flows tool
Month by month, money in and money outJul 2025 to Jun 2026
MKTN, money in and money out each month from Jul 2025 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from MKTN’s SEC filings (N-PORT item B.6). Of the 12 months listed, money came in on net in 10 and went out in 0.
Every bar is from MKTN’s SEC filings (N-PORT item B.6). Of the 12 months listed, money came in on net in 10 and went out in 0.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.
MKTN key stats
Trading
as of Mar 4, 2026
MKTN for holders outside the US
About MKTN
12 seats on MKTN, as of Nov 4, 2026: 2 Supports, 2 Challenges, 7 Not enough data, 1 Does not apply.
Questions people ask about MKTN
- Does MKTN move with the S&P 500?
- Over the year to Nov 4, 2026, MKTN’s weekly returns had a correlation of −0.06 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was −0.03, so for each 1% the index moved it moved about 0.03% the other way.
- What did MKTN do when stocks fell?
- The S&P 500 fell in 26 of the 52 weeks to Nov 4, 2026, by 1.07% on average. In those weeks MKTN rose 0.46% on average, a down-week capture of −43.2%.
- Did MKTN earn more than cash?
- Over the same 52 weeks MKTN returned +16.2% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. MKTN finished 12.6 percentage points ahead of it.
- What does MKTN cost?
- The prospectus expense ratio is 1.94% a year.
- Why is MKTN listed as market neutral?
- ETFIQ files each fund by what its own prospectus says it does, and MKTN’s, filed Feb 24, 2026, describes a market neutral fund.
Links are sources, not endorsements.
Cite this pageCitation, APA and Markdown
ETFIQ, MKTN, alternatives ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/mktn
ETFIQ. (Nov 4, 2026). MKTN, alternatives ETFs. Retrieved from https://etfiq.com/funds/mktn
[MKTN, alternatives ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/mktn)
The down-week bars for MKTN, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/alternatives/mktn/" title="MKTN: MKTN in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, MKTN +0.46%." width="640" height="334" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">MKTN: MKTN in the 26 weeks SPY fell, year to Nov 4, 2026: SPY averaged −1.07%, MKTN +0.46%. Data: <a href="https://etfiq.com/funds/mktn">ETFIQ</a></figcaption>
</figure>The day's ETF flows, a comparison and one number. Every trading morning. About the Daily
Snapshot, Nov 4, 2026. More on the tabs above.