FSCC vs. MKTN
FSCC (Federated Hermes MDT Small Cap Core ETF) and MKTN (Federated Hermes MDT Market Neutral ETF) are both exchange-traded funds - FSCC is a Small Cap Blend Equities fund actively managed by Federated, while MKTN is a Equity Market Neutral fund actively managed by Federated. Both are actively managed. Their -0.06 correlation means they have often moved in opposite directions in the past. FSCC charges 0.36%/yr vs 1.94%/yr for MKTN.
Performance
FSCC vs. MKTN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSCC achieves a 17.26% return, which is significantly higher than MKTN's 6.46% return.
FSCC
- 1D
- -0.79%
- 1M
- -3.22%
- 6M
- 12.18%
- YTD
- 17.26%
- 1Y
- 36.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.53%
MKTN
- 1D
- 0.33%
- 1M
- 4.57%
- 6M
- 7.01%
- YTD
- 6.46%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.26M | $1.39M | $1.94M | |
| $666.28K | $482.62K | $621.59K |
FSCC vs. MKTN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FSCC Federated Hermes MDT Small Cap Core ETF | 17.26% | 1.78% |
MKTN Federated Hermes MDT Market Neutral ETF | 6.46% | 3.22% |
Correlation
The correlation between FSCC and MKTN is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025 | -0.06 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSCC vs. MKTN — Risk / Return Rank
FSCC
MKTN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FSCC vs. MKTN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Small Cap Core ETF (FSCC) and Federated Hermes MDT Market Neutral ETF (MKTN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSCC | MKTN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | — | — |
| Martin ratioReturn relative to average drawdown | 10.35 | — | — |
Loading charts...
Drawdowns
FSCC vs. MKTN - Drawdown Comparison
The maximum FSCC drawdown since its inception was -27.17%, which is greater than MKTN's maximum drawdown of -4.13%. Use the drawdown chart below to compare losses from any high point for FSCC and MKTN.
Loading charts...
Drawdown Indicators
| FSCC | MKTN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.17% | -4.13% | -23.04% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | — | — |
Current DrawdownCurrent decline from peak | -5.73% | 0.00% | -5.73% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -1.08% | -3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | — | — |
Volatility
FSCC vs. MKTN - Volatility Comparison
Loading charts...
Volatility by Period
| FSCC | MKTN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.39% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.56% | 6.65% | +12.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.03% | 6.65% | +15.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.03% | 6.65% | +15.38% |
FSCC vs. MKTN - Expense Ratio Comparison
FSCC has a 0.36% expense ratio, which is lower than MKTN's 1.94% expense ratio.
Dividends
FSCC vs. MKTN - Dividend Comparison
FSCC's dividend yield for the trailing twelve months is around 0.23%, less than MKTN's 0.48% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FSCC Federated Hermes MDT Small Cap Core ETF | 0.23% | 0.27% | 0.16% |
MKTN Federated Hermes MDT Market Neutral ETF | 0.48% | 0.51% | 0.00% |
Frequently Asked Questions
FSCC and MKTN have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FSCC is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FSCC is cheaper with a 0.36% expense ratio, compared with 1.94% for MKTN.
MKTN has the higher dividend yield at 0.48%, compared with 0.23% for FSCC.
FSCC is categorized as Small Cap Blend Equities, while MKTN is Equity Market Neutral. Their fees differ too: 0.36% for FSCC and 1.94% for MKTN.
Find the right allocation for FSCC and MKTN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer