MKTNFederated Hermes MDT Market Neutral ETF
Seeks long-term capital appreciation while limiting exposure to general stock market risk.
By Federated · Launched 2025
Annual Cost
1.94%
#5,805 of 5,861 · expensive
Fund Size
$94M
#3,062 of 5,861 · mid-size
Return (1Y)Goal
N/A
Track Record
11 months
#4,674 of 5,861 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,994+9.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 113.9% of fundconcentrated
Federated Hermes Government Obligations Fund
93.8%
Five Below Inc
2.5%
UnitedHealth Group Inc.
2.4%
GE Vernova Inc.
2.4%
Fiserv Inc.
2.4%
Travelers Companies, Inc.
2.4%
Viking Holdings Ltd
2.3%
Celanese Corporation
2.1%
Advance Auto Parts Inc.
2.0%
AbbVie Inc.
1.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-4.1%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks long-term capital appreciation while limiting exposure to general stock market risk.
- Strategy
- Employs a market neutral strategy by selecting long positions in stocks expected to outperform and short positions in stocks expected to underperform, maintaining exposure across all market capitalizations. The strategy aims for long-term capital appreciation with limited correlation to the general stock market.
- Inception date
- September 24, 2025
- Fund family
- Federated
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Data updated on 2026-08-04