Federated Hermes MDT Market Neutral ETF (MKTN) Research
This actively managed equity ETF, the Federated Hermes MDT Market Neutral ETF, is designed to pursue sustained capital appreciation over an extended period. It achieves this by intentionally minimizing its susceptibility to general stock market fluctuations. The fund employs sophisticated quantitative models to systematically identify and execute both long and short equity positions, primarily within companies listed in the Russell 3000 index. The overarching goal is to deliver investment returns that exhibit minimal correlation with the broader market's performance.
Market snapshot
- Symbol
- MKTN
- Price
- $25.54
- Day change
- -0.55%
- Market cap
- $2.6M
- 52-week range
- 24.14-26.43
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- First Trust Indxx Metaverse ETF (ARVR)
- AdvisorShares Hotel ETF (BEDZ)
- First Trust Nasdaq Lux Digital Health Solutions ETF (EKG)
- Invesco S&P SmallCap 600 GARP ETF (GRPZ)
- Polen Capital Emerging Markets ex China Growth ETF (PCEM)
- Pacer PE/VC ETF (PEVC)
- TrueShares Eagle Global Renewable Energy Income ETF (RNWZ)
- ProShares - Ultra Nasdaq Cloud Computing (SKYU)
Open Federated Hermes MDT Market Neutral ETF (MKTN) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.