MKTN vs VYM
Federated Hermes MDT Market Neutral ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | MKTN | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 2.10% | 0.04% | |
| AUM | $121M | $81.6B | |
| Dividend Yield | 0.48% | 2.24% | |
| Holdings | 387 | 616 | |
| YTD Return | +7.14% | +14.66% | |
| 1Y Return | +10.22% | +22.16% | |
| 3Y Return (annualized) | - | +18.72% | |
| 5Y Return (annualized) | - | +12.18% | |
| Volatility (annualized) | - | 14.6% | |
| Max Drawdown | -4.1% | -58.8% | |
| Fund Family | Federated Hermes | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 24, 2025 | Nov 10, 2006 |
MKTN vs VYM Performance
Federated Hermes MDT Market Neutral ETF (MKTN) is a ETF from Federated Hermes and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MKTN returned +10.22% while VYM returned +22.16%. Year to date, MKTN is up 7.14% versus a gain of 14.66% for VYM.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -4.1% for MKTN and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
MKTN charges 2.10% per year while VYM charges 0.04%. On a $10,000 position that is $210 vs $4 annually, a gap of $206 per year that compounds over a long holding period. On income, MKTN currently yields 0.48% against 2.24% for VYM.
Holdings Overlap
MKTN and VYM share 96 holdings out of 891 unique holdings combined, representing a 7.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MKTN or VYM?
MKTN has an expense ratio of 2.10% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $206 per year of difference.
Which performed better, MKTN or VYM?
Over the past year MKTN returned +10.22% vs +22.16% for VYM, so VYM leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between MKTN and VYM?
MKTN and VYM share 96 common holdings with a 7.8% weight overlap. Combined, they hold 891 unique securities.
Which pays a higher dividend, MKTN or VYM?
MKTN yields 0.48% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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