
Federated Hermes MDT Market Neutral ETF (MKTN)
MKTN Price Chart
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MKTN ETF Profile
Key details and information about Federated Hermes MDT Market Neutral ETF (MKTN).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
25 Sept 2025
Country
US
Description
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.
MKTN ETF Performance
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