MKTN

Federated Hermes MDT Market Neutral ETF

$25.31

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Federated Hermes MDT Market Neutral ETF seeks to provide long-term capital appreciation with lower volatility than the overall equity market by investing in a diversified portfolio of long and short equity positions.

Overview

ETF tracking Federated Hermes MDT Market Neutral ETF

Category Innovation

Issuer Other

Inception Date 2025-09-25

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $24.23 - $25.32

VWAP $25.31

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a market neutral strategy, taking long positions in stocks the portfolio managers believe will outperform and short positions in stocks they believe will underperform. The goal is to generate positive returns regardless of overall market direction.

✨ Key Features

Market neutral strategy aims to provide positive returns in both rising and falling markets
Diversified portfolio of long and short equity positions
Actively managed by experienced portfolio managers
Low correlation to traditional equity indexes

⚠️ Primary Risks

Market risk - The value of the fund's long and short positions may fluctuate with changes in the overall equity market
Short selling risk - Losses on short positions are theoretically unlimited
Liquidity risk - Some positions may be difficult to buy or sell at an advantageous time or price
Manager risk - The fund's performance depends on the skill of the portfolio managers

👤 Best For

The Federated Hermes MDT Market Neutral ETF may be suitable for investors seeking long-term capital appreciation with lower volatility than the overall stock market. It could be used as a diversifying component in a broader investment portfolio.