MKTN ETF

MKTN ETF
$27.99
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Fund Essentials - as of Sep 7, 2026

Net Assets
$128M
Expense Ratio
1.94%
Dividend Yield (Current)
0.48%
Holdings
387
Inception Date
Sep 24, 2025
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD+6.95%

Asset Allocation

Stocks: 19.63%
Bonds: 80.04%
Other: 0.33%
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Top Holdings

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TickerNameWeight
-Federated Govt Oblg Pr Shares 5.254100%75.21%
-us dollar001/00/19004.23%
FIFiserv, Inc. (United States)2.53%
GEGeneral Electric Co.2.47%
FIVEFive Below2.39%
Top 10 Concentration: 98.00%Report Date: Sep 7, 2026
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Dividend Summary

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Dividend Yield (Current)
0.48%
Frequency
Annually
Latest Distribution
$0.13
Dec 31, 2025

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

MKTN ETF Overview

MKTN ETF (Federated Hermes MDT Market Neutral ETF) is managed by Federated Hermes with $127.9M in net assets. MKTN expense ratio is 1.94%, holding 387 positions across sectors including Information Technology, Industrials, Consumer Discretionary. Inception date: 2025-09-24.

MKTN performance shows a YTD return of 6.95%.. MKTN dividend yield stands at 0.48%, paid annually.

MKTN top holdings include Federated Govt Oblg Pr Shares 5.254100% (75.2%), us dollar001/00/1900 (4.2%), Fiserv, Inc. (United States) (2.5%), General Electric Co. (2.5%), Five Below (2.4%). Go to all MKTN holdings, MKTN sectors, or MKTN dividends.

MKTN can be compared against other funds. Use MKTN overlap to find shared positions, or MKTN vs another fund for a side-by-side view. MKTN alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
+5.09%
YTD
+6.95%
1 Year
N/A
3 Year
N/A

Magnificent 7 Exposure

Combined weight of mega-cap tech leaders

2.7%

of portfolio

GOOGLAlphabet Inc,class A
1.40%
NVDANvidia Corp
1.31%

Top 10 Holdings (net long exposure of 100% (≈2x))

#TickerNameSectorWeight
1-Federated Govt Oblg Pr Shares 5.254100%Other75.21%
2-us dollar001/00/1900Other4.23%
3FIFiserv, Inc. (United States)Information Technology2.53%
4GEGeneral Electric Co.Industrials2.47%
5FIVEFive BelowConsumer Discretionary2.39%
6ABBVAbbvie Inc.Health Care2.35%
7CRWDCrowdstrike Holdings IncInformation Technology2.32%
8TRVThe Travelers Cos, Inc.Financials2.29%
9FTNTFortinet IncInformation Technology2.14%
10GEVGe Vernova, Inc.Industrials2.07%