Federated Hermes MDT Market Neutral ETF

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About MKTN

MKTN utilizes a quantitatively-driven market neutral equity strategy, balancing long and short positions within the US equity market. The fund seeks long-term capital appreciation while limiting exposure to general stock market risk. 

Category
Equity Market Neutral
CategoryEquity Market Neutral
Number of holdings
389
Number of holdings389
Inception Date
Sep 24, 2025
Inception DateSep 24, 2025

MKTN Key Statistics

AUM
90.08M
AUM90.08M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
30-Day yield
Average volume
29.73K
Average volume29.73K
High today
$25.63
High today$25.63
Low today
$25.58
Low today$25.58
Open price
$25.61
Open price$25.61
Volume
3.26K
Volume3.26K
52 Week high
$26.43
52 Week high$26.43
52 Week low
$24.14
52 Week low$24.14
Expense ratio
2.27
Expense ratio2.27

Stock Snapshot

As of today, Federated Hermes MDT Market Neutral ETF(MKTN) shares are valued at $25.61. The company's market cap stands at 90.14M.

As of 2026-05-02, Federated Hermes MDT Market Neutral ETF(MKTN) stock has fluctuated between $25.58 and $25.63. The current price stands at $25.61, placing the stock +0.1% above today's low and -0.1% off the high.

Federated Hermes MDT Market Neutral ETF(MKTN) shares are trading with a volume of 3.26K, against a daily average of 29.73K.

In the last year, Federated Hermes MDT Market Neutral ETF(MKTN) shares hit a 52-week high of $26.43 and a 52-week low of $24.14.

In the last year, Federated Hermes MDT Market Neutral ETF(MKTN) shares hit a 52-week high of $26.43 and a 52-week low of $24.14.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.