MKTN ETF

MKTN ETF
$27.75
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Fund Essentials - as of Aug 26, 2026

Net Assets
$126M
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%80.04%
FIFiserv, Inc. (United States)2.56%
FIVEFive Below2.51%
GEGeneral Electric Co.2.41%
ABBVAbbvie Inc.2.38%
Top 10 Concentration: 101.21%Report Date: Aug 26, 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 $126.5M in net assets. MKTN expense ratio is 1.94%, holding 387 positions across sectors including Industrials, Information Technology, Communication Services. 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% (80.0%), Fiserv, Inc. (United States) (2.6%), Five Below (2.5%), General Electric Co. (2.4%), Abbvie Inc. (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

2.0%

of portfolio

GOOGLAlphabet Inc.Class A
1.09%
NVDANvidia Corp.
0.90%
MSFTMicrosoft Corp 4.100 Feb 06 37
0.05%

Top 10 Holdings (net long exposure of 100% (≈3x))

#TickerNameSectorWeight
1-Federated Govt Oblg Pr Shares 5.254100%Other80.04%
2FIFiserv, Inc. (United States)Information Technology2.56%
3FIVEFive BelowConsumer Discretionary2.51%
4GEGeneral Electric Co.Industrials2.41%
5ABBVAbbvie Inc.Health Care2.38%
6TRVThe Travelers Cos, Inc.Financials2.33%
7CRWDCrowdstrike Holdings Inc. Class AInformation Technology2.30%
8INTUIntuit, Inc.Information Technology2.29%
9MRNAModerna therapeuticsHealth Care2.20%
10VIKViking Holdings Ltd. Ordinary SharesIndustrials2.19%