Federated Hermes MDT Market Neutral ETF
MKTNNYSEARCAFederated HermesAlternative
As of Oct 23, 2026 close
- Assets (AUM)
- $144.74M
- Expense ratio
- 1.94%
- Dividend yield
- 0.23%
- Holdings
- 399
- 52-week range
- $24.44$29.07
- Volume (live)
- -
- Avg. volume (3M)
- 57.33K
MKTN ETF: Federated Hermes MDT Market Neutral ETF - Price, Holdings & Analysis
Federated Hermes MDT Market Neutral ETF Price Chart
Loading chart...
Financial Metrics & Key Statistics
Fund characteristics, expense ratio, dividend yield, and performance metrics
| Day's Range | $28.45 - $28.45 |
|---|---|
| 52-Week High | $29.07 |
| 52-Week Low | $24.44 |
| Open | $28.45 |
| Volume (last close) | 267.81K |
| Average Volume (3M) | 57.33K |
| 1 Day Change | −0.31% |
|---|---|
| 1 Month Change | +2.78% |
| 6 Month Change | +11.86% |
| YTD Change | +11.77% |
| 1 Year Change | +15.91% |
| Annual Dividend | $0.07 |
|---|---|
| Dividend Yield | 0.23% |
| Last Dividend Ex-Date | Dec 31, 2025 |
| Assets (AUM) | $144.74M |
|---|---|
| Expense Ratio | 1.94% |
| Total Holdings | 399 |
| Inception Date | Sep 23, 2025 |
| 50-Day MA | $27.82 |
|---|---|
| 200-Day MA | $26.35 |
| RSI | 76.34 |
| Stochastic %K | 58.06 |
| Stochastic %D | 54.57 |
Source: Exchange price data and fund disclosures. Data as of Oct 23, 2026. Data sources and methodology
MKTN at a Glance
Federated Hermes MDT Market Neutral ETF (MKTN) is an alternative ETF from Federated Hermes, launched in September 2025. It manages $144.74M in assets and charges a 1.94% expense ratio, about $194 a year per $10,000 invested.
As of its Oct 4, 2026 holdings, it holds 399 positions. The largest are CrowdStrike Holdings, Inc. (CRWD, 2.89%), Fiserv Inc (FI, 2.45%) and Fortinet, Inc. (FTNT, 2.43%). The top 10 holdings make up 23.7% of the fund. By sector it leans toward Technology (27.3%), Healthcare (16.1%) and Financials (15.8%). 99.2% of assets are in the United States.
It pays distributions yielding 0.23% at the Oct 23, 2026 close, $0.07 per share over the trailing 12 months. As of the Oct 23, 2026 close, the share price is up 15.9% over one year (price change, excluding distributions).
Frequently Asked Questions About Federated Hermes MDT Market Neutral ETF
What is the current price of MKTN?
The latest MKTN price is $28.48 (Oct 23, 2026 close). The 52-week range is $24.44–$29.07. The share price is up 15.9% over the past year (price change, excluding distributions).
What is the expense ratio for MKTN?
MKTN's annual expense ratio is 1.94%. This represents the yearly cost of holding the fund, deducted from total returns. Compare with similar Alternative ETFs in the ETF Screener.
Does MKTN pay dividends?
Yes, MKTN pays a 0.23% dividend yield (trailing 12 months, at the Oct 23, 2026 close). The most recent ex-dividend date was December 31, 2025. View full dividend history in the Dividends section.
What are the top holdings of MKTN?
As of Oct 4, 2026, MKTN's largest holdings are CrowdStrike Holdings, Inc. (2.9%), Fiserv Inc (2.4%), Fortinet, Inc. (2.4%) (combined weight: 7.8%). The fund holds 399 total positions. View the complete portfolio breakdown in the Holdings section.
How does MKTN compare to similar ETFs?
Compare MKTN (1.94% expense ratio, $145M AUM) against similar Alternative ETFs using the ETF Screener. Filter by expense ratio, dividend yield, and performance to find alternatives.