MKTN ETF

MKTN ETF
$28.38
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Fund Essentials - as of Oct 19, 2026

Net Assets
$204M
Expense Ratio
1.94%
Dividend Yield (Current)
0.46%
Holdings
402
Inception Date
Sep 24, 2025
Fund Family
Federated Hermes
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD+11.46%
1 Year+14.68%

Asset Allocation

Stocks: 99.64%
Other: 0.36%
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Top Holdings

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TickerNameWeight
-Federated Govt Oblg Pr Shares79.73%
INTUIntuit, Inc.2.62%
FIFiserv, Inc. (United States)2.59%
ABBVAbbvie Inc.2.53%
GEGeneral Electric Co.2.36%
Top 10 Concentration: 100.49%Report Date: Oct 19, 2026
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Dividend Summary

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Dividend Yield (Current)
0.46%
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 $204.5M in net assets. MKTN expense ratio is 1.94%, holding 402 positions across sectors including Information Technology, Industrials, Communication Services. Inception date: 2025-09-24.

MKTN performance shows a YTD return of 11.46%. The 1-year return is 14.68%. MKTN dividend yield stands at 0.46%, paid annually.

MKTN top holdings include Federated Govt Oblg Pr Shares (79.7%), Intuit, Inc. (2.6%), Fiserv, Inc. (United States) (2.6%), Abbvie Inc. (2.5%), General Electric Co. (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
+1.18%
YTD
+11.46%
1 Year
+14.68%
3 Year
N/A

Magnificent 7 Exposure

Combined weight of mega-cap tech leaders

1.0%

of portfolio

NVDANvidia Corp
1.65%
GOOGLAlphabet Inc
0.32%
TSLATesla Inc
-0.06%
METAMeta Platforms Inc
-0.38%
MSFTMicrosoft Corp
-0.51%

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

#TickerNameSectorWeight
1-Federated Govt Oblg Pr SharesOther79.73%
2INTUIntuit, Inc.Information Technology2.62%
3FIFiserv, Inc. (United States)Information Technology2.59%
4ABBVAbbvie Inc.Health Care2.53%
5GEGeneral Electric Co.Industrials2.36%
6FTNTFortinet IncInformation Technology2.28%
7TRVTravelers Cos Inc/TheFinancials2.18%
8CRWDCrowdstrike Holdings IncInformation Technology2.11%
9FIVEFive BelowConsumer Discretionary2.08%
10BKBank Of New York Mellon CorpFinancials2.01%