PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Federated Hermes MDT Market Neutral ETF (MKTN) Sharpe Ratio

ETF · Currency in USD · Last updated Aug 4, 2026

The Federated Hermes MDT Market Neutral ETF (MKTN) is an actively managed market neutral equity ETF that seeks long-term capital appreciation while limiting exposure to general stock market risk. The fund employs a quantitatively-driven strategy, balancing long positions in U.S. common stocks predicted to outperform against short positions in stocks predicted to underperform. As a market neutral fund, returns are expected to be uncorrelated to the direction of the general stock market. Managed by MDT Advisers, a division of Federated Hermes.

Sharpe ratio is not yet available for MKTN. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Federated Hermes MDT Market Neutral ETF's Sharpe Ratio with other ETFs in the Equity Market Neutral, Long-Short, Actively Managed category across multiple time periods, showing how MKTN's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 4, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ABIVictoryShares Pioneer Asset-Based Income ETF4.02
SEIXVirtus Seix Senior Loan ETF3.45
CLSEConvergence Long/Short Equity ETF3.29
DFUVDimensional US Marketwide Value ETF3.01
AFOSARS Focused Opportunities Strategy ETF2.95
BVALBluemonte Large Cap Value ETF2.48
AVIVAvantis International Large Cap Value ETF2.32
TMEDT. Rowe Price Health Care ETF2.29
TIIVAAM Todd International Intrinsic Value ETF2.23
TCVTowle Value ETF2.22
MKTNFederated Hermes MDT Market Neutral ETF—
Benchmark

Compare this symbol against anything

Time Period

How much price history to include in the calculation

Historical Sharpe Ratio

The chart shows MKTN's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when MKTN consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does MKTN fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio