evenfolioETF Details
Federated·Equity Market Neutral·MKTN · NYSE Arca
Federated Hermes MDT Market Neutral ETF (MKTN)
- Price
- $28.32
- —30 Oct 2026
- Assets
- $144.4M
- Total net assets
- Expense ratio
- 1.94%
- Category 1.93%
- Yield
- 0.23%
- Trailing distributions
- 1Y return
- 13.5%+10.6%
- Category 2.9%
- 3Y CAGR
- —
- Annualised
- 5Y CAGR
- —
- Annualised
Loading NAV history…
Federated Hermes MDT Market Neutral ETF
Calendar-year returns
Fund only: no comparison series covers this fund's history.
Risk statistics
Five years of daily closes. Risk-free rate 4% a year.
- Standard deviation
- —
- Maximum drawdown
- —
- Sharpe ratio
- —
- Sortino ratio
- —
- Beta
- —
- Alpha
- —
- R²
- —
- Information ratio
- —
- Upside capture
- —
- Downside capture
- —
- Tracking error
- —
| Period | 1M | 3M | 6M | YTD | 1Y | 3YCAGR | 5YCAGR | 10YCAGR | LaunchCAGR |
|---|---|---|---|---|---|---|---|---|---|
| ETF | +1.5% | +3.7% | +10.6% | +10.4% | +13.5% | — | — | — | +13.0% |
| Equity Market Neutral average | 4.1% | 4.3% | 6.6% | 1.2% | 2.9% | — | — | — | 4.2% |
| Difference | -2.6% | -0.6% | +4.0% | +9.2% | +10.6% | — | — | — | +8.8% |
Holdings
The 10 largest positions make up 22.9% of the fund.
Top holdings
| Ticker | Holding | Weight |
|---|---|---|
| CRWD | CrowdStrike Holdings Inc Class A | 2.85% |
| GE | GE Aerospace | 2.42% |
| ABBV | AbbVie Inc | 2.41% |
| FTNT | Fortinet Inc | 2.40% |
| FISV | Fiserv Inc | 2.29% |
| TRV | The Travelers Companies Inc | 2.25% |
| ARES | Ares Management Corp Ordinary Shares - Class A | 2.14% |
| FIVE | Five Below Inc | 2.10% |
| GEV | GE Vernova Inc | 2.05% |
| KKR | KKR & Co Inc Ordinary Shares | 1.97% |
Portfolio valuation
Weighted averages of what the fund holds.
- P/E
- 18.9
- P/B
- 3.1
- P/S
- 1.8
- P/CF
- 11.7
Sector allocation
Share of the equity the fund holds.
- Technology28.7%
- Health care17.0%
- Financial services15.6%
- Consumer discretionary13.1%
- Industrials9.9%
- Communication services4.2%
- Materials3.0%
- Real estate2.7%
- Energy2.6%
- Consumer staples2.1%
- Utilities1.2%
Asset mix
- Cash79.7%
- Stocks20.3%
ETF details
- Issuer
- Federated
- Category
- Alternatives · Equity Market Neutral
- Ticker
- MKTN
- Exchange
- NYSE Arca
- Inception
- 24 Sept 2025 (1.1 years)
- Structure
- Exchange Traded Fund
- Expense ratio
- 1.94% (category 1.93%)
- Holdings turnover
- 59% (category 193%)
- Distribution yield
- 0.23%
- Beta, 3 years
- 0.00
- Total net assets
- $144.4M
Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.
Other equity market neutral ETFs
Other ETFs in the Equity Market Neutral category.