MKTN
Federated Hermes MDT Market Neutral ETF Alternatives
Federated Hermes
·Est. 2025
·US
·
federatedhermes.com/us/products/exchange-traded-funds/mdt-market-neutral-etf.do
·
← All ETFs
$25.45
-0.24%
(-0.06)
AUM $82.1M
52w Low $24.14
57.2% of range
52w High $26.43
50d MA $25.71
200d MA $25.37
NAV
$25.28
AUM
$82.1M
Expense
—
Holdings
0
Avg Volume
—
Inception
Sep 24, 2025
Issuer
Federated Hermes
Exchange
—
Domicile
US
ISIN
US31423L8752
50d MA
$25.71
200d MA
$25.37
About
An actively managed market neutral equity ETF that aims to generate long-term capital appreciation while limiting exposure to the general stock market. It does this via quantitative models selecting long and short positions primarily within the Russell 3000 universe, targeting return with low correlation to market direction.