MKTN vs. IDUB
MKTN (Federated Hermes MDT Market Neutral ETF) and IDUB (Aptus International Enhanced Yield ETF) are both Long-Short funds. Both are actively managed. At a correlation of -0.06, they often move in opposite directions.
Performance
MKTN vs. IDUB - Performance Comparison
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Returns By Period
In the year-to-date period, MKTN achieves a 3.02% return, which is significantly lower than IDUB's 15.55% return.
MKTN
- 1D
- -0.15%
- 1M
- 2.68%
- 6M
- 4.51%
- YTD
- 3.02%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDUB
- 1D
- 1.29%
- 1M
- 0.12%
- 6M
- 11.30%
- YTD
- 15.55%
- 1Y
- 26.28%
- 3Y*
- 16.45%
- 5Y*
- —
- 10Y*
- —
MKTN vs. IDUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MKTN Federated Hermes MDT Market Neutral ETF | 3.02% | 3.22% |
IDUB Aptus International Enhanced Yield ETF | 15.55% | 5.09% |
Correlation
The correlation between MKTN and IDUB is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025 | -0.06 |
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Return for Risk
MKTN vs. IDUB — Risk / Return Rank
MKTN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IDUB
MKTN vs. IDUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes MDT Market Neutral ETF (MKTN) and Aptus International Enhanced Yield ETF (IDUB). 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.
| MKTN | IDUB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.30 | — |
| Martin ratioReturn relative to average drawdown | — | 8.95 | — |
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Drawdowns
MKTN vs. IDUB - Drawdown Comparison
The maximum MKTN drawdown since its inception was -4.13%, smaller than the maximum IDUB drawdown of -29.20%. Use the drawdown chart below to compare losses from any high point for MKTN and IDUB.
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Drawdown Indicators
| MKTN | IDUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.13% | -29.20% | +25.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.46% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.88% | — |
Current DrawdownCurrent decline from peak | -0.15% | -1.66% | +1.51% |
Average DrawdownAverage peak-to-trough decline | -1.14% | -10.96% | +9.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.96% | — |
Volatility
MKTN vs. IDUB - Volatility Comparison
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Volatility by Period
| MKTN | IDUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.93% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.40% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 6.61% | 16.61% | -10.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.61% | 14.80% | -8.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.61% | 14.80% | -8.19% |
Dividends
MKTN vs. IDUB - Dividend Comparison
MKTN's dividend yield for the trailing twelve months is around 0.50%, less than IDUB's 4.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IDUB Aptus International Enhanced Yield ETF | 4.58% | 4.90% | 5.64% | 3.71% | 2.62% | 1.38% |
MKTN Federated Hermes MDT Market Neutral ETF | 0.50% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MKTN and IDUB 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.
IDUB has the higher dividend yield at 4.58%, compared with 0.50% for MKTN.
They also come from different issuers: Federated Hermes and Aptus.
Find the right allocation for MKTN and IDUB
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