MKTN vs. FLCG
Compare and contrast key facts about Federated Hermes MDT Market Neutral ETF (MKTN) and Federated Hermes MDT Large Cap Growth ETF (FLCG).
MKTN and FLCG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MKTN is an actively managed fund by Federated Hermes. It was launched on Sep 25, 2025. FLCG is an actively managed fund by Federated Hermes. It was launched on Jul 30, 2024.
Performance
MKTN vs. FLCG - Performance Comparison
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MKTN vs. FLCG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MKTN Federated Hermes MDT Market Neutral ETF | 1.93% | 3.53% |
FLCG Federated Hermes MDT Large Cap Growth ETF | -8.71% | 2.63% |
Returns By Period
In the year-to-date period, MKTN achieves a 1.93% return, which is significantly higher than FLCG's -8.71% return.
MKTN
- 1D
- 0.74%
- 1M
- 1.20%
- YTD
- 1.93%
- 6M
- 6.68%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLCG
- 1D
- 0.97%
- 1M
- -4.07%
- YTD
- -8.71%
- 6M
- -7.66%
- 1Y
- 16.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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MKTN vs. FLCG - Expense Ratio Comparison
Return for Risk
MKTN vs. FLCG — Risk / Return Rank
MKTN
FLCG
MKTN vs. FLCG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Market Neutral ETF (MKTN) and Federated Hermes MDT Large Cap Growth ETF (FLCG). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| MKTN | FLCG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 0.71 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.69 | 0.55 | +1.14 |
Correlation
The correlation between MKTN and FLCG is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MKTN vs. FLCG - Dividend Comparison
MKTN's dividend yield for the trailing twelve months is around 0.50%, more than FLCG's 0.05% yield.
| TTM | 2025 | 2024 | |
|---|---|---|---|
MKTN Federated Hermes MDT Market Neutral ETF | 0.50% | 0.51% | 0.00% |
FLCG Federated Hermes MDT Large Cap Growth ETF | 0.05% | 0.05% | 0.06% |
Drawdowns
MKTN vs. FLCG - Drawdown Comparison
The maximum MKTN drawdown since its inception was -3.26%, smaller than the maximum FLCG drawdown of -22.95%. Use the drawdown chart below to compare losses from any high point for MKTN and FLCG.
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Drawdown Indicators
| MKTN | FLCG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.26% | -22.95% | +19.69% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.07% | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.97% | +10.97% |
Average DrawdownAverage peak-to-trough decline | -0.81% | -3.75% | +2.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.51% | — |
Volatility
MKTN vs. FLCG - Volatility Comparison
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Volatility by Period
| MKTN | FLCG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.74% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.59% | 22.77% | -16.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.59% | 21.67% | -15.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.59% | 21.67% | -15.08% |