# MKTN (Federated Hermes MDT Market Neutral ETF)

Federated Hermes · Alternatives ETFs · data as of Sep 18, 2026

MKTN has less than a year of prices, so ETFIQ does not yet measure how it moves with the S&P 500.

## Key facts

- MKTN, total return since it listed: +12.3%, as of Sep 18, 2026.
- MKTN, s&P 500 over the same days: +17.0%, as of Sep 18, 2026.
- MKTN, against the S&P 500: −4.7 pts, as of Sep 18, 2026.
- MKTN, days it has traded: 90, as of Sep 18, 2026.
- MKTN, net assets: $107m (SEC N-PORT, whole fund, as filed for Jun 30, 2026).
- MKTN, expense ratio: 1.94% (485BPOS XBRL, Feb 24, 2026).

## MKTN over each window to Sep 18, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +9.1% | +2.3% | +6.8 pts |
| 6 months | +7.4% | +18.0% | −10.6 pts |
| Since it listed | +12.3% | +17.0% | −4.7 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | Federated Hermes | ETFIQ |
| Strategy | Market neutral | ETFIQ, from its prospectus |
| Expense ratio | 1.94% | 485BPOS XBRL, Feb 24, 2026 |
| Net assets | $107m | SEC N-PORT, whole fund, as filed for Jun 30, 2026 |
| Listed since | Sep 25, 2025 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### 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.


## Cite this page

ETFIQ, MKTN, data as of Sep 18, 2026. https://etfiq.com/funds/mktn
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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