ATLASFederated Hermes MDT Market Neutral ETF (MKTN): outlook, holdings and fees
Federated Hermes MDT Market Neutral ETF (MKTN) is an exchange-traded fund and is managed by Federated. The expense ratio is 2.03% and the yield is 0.23%. The ten largest holdings are 23% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on MKTN
| Last price | $28.34 (+0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 63% |
| Likely 1-month range (50%) | $28.17 – $28.84 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 0.23% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
MKTN fund facts
| Issuer | Federated |
|---|---|
| Theme | Other strategies |
| Assets under management | $146M |
| Expense ratio | 2.03% |
| Number of holdings | 49 |
| Inception | Sep 24, 2025 |
| Exchange | NYSE |
The fund manager seeks to achieve its objective by selecting long positions in publicly traded common stocks which the fund"s quantitative model predicts will achieve above-market returns, and short positions in publicly traded common stocks which the fund"s quantitative model predicts will achieve below-market returns.
MKTN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Fortinet Inc FTNT | Technology | 2.74% |
| Crowdstrike Holdings Inc CRWD | Technology | 2.62% |
| AbbVie Inc ABBV | Healthcare | 2.44% |
| Fiserv, Inc. FI | Technology | 2.42% |
| Intuit Inc INTU | Technology | 2.39% |
| General Electric Company GCP | Other | 2.33% |
| The Travelers Companies Inc TRV | Financial Services | 2.07% |
| GE Vernova LLC GEV | Industrials | 2.15% |
| Five Below Inc FIVE | Consumer Cyclical | 2.04% |
| Atlassian Corp Plc TEAM | Technology | 1.78% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
MKTN sector breakdown
| Sector | Weight |
|---|---|
| Technology | 30.5% |
| Healthcare | 16.3% |
| Financial Services | 15.7% |
| Consumer Cyclicals | 12.4% |
| Industrials | 9.5% |
| Communication Services | 3.9% |
| Basic Materials | 2.9% |
| Real Estate | 2.7% |
| Energy | 2.7% |
| Consumer Defensive | 2.1% |
| Utilities | 1.4% |
By region: North America 99.5%, Latin America 0.3%, Europe Developed 0.2%.
MKTN returns and risk
| Year to date | +10.0% |
|---|---|
| 1 year | +17.2% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
MKTN: frequently asked questions
What does MKTN invest in?
Federated Hermes MDT Market Neutral ETF invests in a portfolio of securities. Its largest holdings are Fortinet Inc (2.7%), Crowdstrike Holdings Inc (2.6%), AbbVie Inc (2.4%), Fiserv, Inc. (2.4%), Intuit Inc (2.4%).
What is the MKTN expense ratio?
2.03% a year: about $203.00 for every $10,000 invested.
What is the MKTN dividend yield?
0.23%. ATLAS does not hold the exact distribution dates for ETFs.
Will MKTN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 63%, with a likely range (50%) of $28.17 to $28.84 from $28.34 today. It is a probability, not a prediction.
How has MKTN performed?
Year to date +10.0%, one year +17.2%. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer