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MKTNvsJOETETF Comparison

ETF 1

MKTN

Federated Hermes MDT Market Neutral ETF

This fund is part of

Alternatives

-0.47%

Full MKTN fund page

VS

ETF 2

JOET

Virtus Terranova U.S. Quality Momentum ETF

This fund is part of

US Multi-Factor

-0.77%

Full JOET fund page

Federated Hermes MDT Market Neutral ETF (MKTN) belongs to the Alternatives segment. Virtus Terranova U.S. Quality Momentum ETF (JOET) is part of the US Multi-Factor segment. MKTN's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, JOET's top sector exposures are Industrials, Technology and Finance. MKTN is more expensive with a Total Expense Ratio (TER) of 2.27%, versus 0.29% for JOET. MKTN is up 7.89% year-to-date (YTD) with +$92M in YTD flows. JOET performs worse with 7.59% YTD performance, and -$13M in YTD flows. Run a side-by-side ETF comparison of MKTN and JOET below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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MKTN vs JOET performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 09/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MKTN JOET	+2.03%-1.37%	+6.13%+0.97%	+7.89%+7.59%	n/a+9.55%	n/a+58.27%	n/a+50.52%
Flows	MKTN JOET	+$8M-$2M	+$26M+$14K	+$92M-$13M	--$2M	-+$81M	-+$95M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MKTN JOET	+7.20%+13.58%	n/a+13.87%	n/a+16.25%	n/a+17.92%
Max drawdown	MKTN JOET	-2.19%-4.41%	n/a-10.32%	n/a-19.60%	n/a-26.53%
Max drawdown duration	MKTN JOET	30d16d	n/a115d	n/a201d	n/a773d

Trading data

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	MKTN	JOET
Last sale 9/2/2026 at 1:30 PM	$27.72	$45.35
Previous close 09/01/2026	$27.71	$45.19
Consolidated volume 09/01/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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MKTN

is actively managed and doesn’t replicate an index

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	MKTN	JOET
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/2/2026 at 1:30 PM

Live

Closed

	MKTN	JOET
Last price	$27.72	$45.35
1D performance	+0.04%	+0.35%
AuM	$127.88 M	$239.72 M
E/R	2.27%	0.29%

Characteristics

	MKTN	JOET
Management strategy	Active	Passive
Provider	Federated Investment Management	VIRTUS Investment Partners
Benchmark	-	Terranova U.S. Quality Momentum Index
N° of holdings	213	124
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 24, 2025	November 18, 2020
ESG	No	No

More MKTN data on Trackinsight

More JOET data on Trackinsight

Exposure

Countries

MKTN

USA

85.3%

Other

14.7%

JOET

USA

94.72%

Other

5.28%

Sectors

MKTN

Technology

24.82%

Finance

18.06%

Healthcare

13.77%

Industrials

9.75%

Consumer Cyclical.

7.03%

Other

26.57%

JOET

Industrials

24.58%

Technology

22.26%

Finance

18.13%

Healthcare

11.47%

Other

23.56%

Diversification

MKTN

Total weight of top 15 holdings out of 15

31.94%

JOET

Total weight of top 15 holdings out of 15

16.17%

Top 15 holdings

Data as of July 31, 2026

MKTN

The Travelers Cos., Inc.

2.81%

Fiserv, Inc.

2.67%

Viking Holdings Ltd. (Bermuda)

2.51%

Intuit, Inc.

2.45%

AbbVie, Inc.

2.31%

GE Vernova, Inc.

2.17%

Five Below, Inc.

2.16%

CrowdStrike Holdings, Inc.

2.13%

GE Aerospace

1.98%

Advance Auto Parts, Inc.

1.96%

The Bank of New York Mellon Corp.

1.94%

Accenture Plc

1.75%

Netflix, Inc.

1.75%

State Street Corp.

1.72%

Regeneron Pharmaceuticals, Inc.

1.63%

JOET

Datadog, Inc.

1.42%

Devon Energy Corp.

1.34%

Micron Technology, Inc.

1.28%

NetApp, Inc.

1.17%

Advanced Micro Devices, Inc.

1.11%

Illumina, Inc.

1.10%

Eli Lilly & Co.

1.03%

HEICO Corp.

1.00%

United Airlines Holdings, Inc.

0.98%

Cisco Systems, Inc.

0.97%

The Travelers Cos., Inc.

0.96%

Applied Materials, Inc.

0.96%

Delta Air Lines, Inc.

0.95%

RTX Corp.

0.94%

Apple, Inc.

0.94%

Frequently asked questions about MKTN and JOET

How have the MKTN and JOET ETFs performed in 2026?

As of September 1, 2026, MKTN is up 7.89% year-to-date (YTD), while JOET has returned 7.59%. That puts MKTN better performer ahead so far this year.

Which ETF is attracting more investor money: MKTN or JOET?

Year-to-date, the MKTN ETF saw +$92M in flows, compared to -$13M for JOET.

Which ETF is bigger: MKTN or JOET?

As of September 1, 2026, MKTN holds $127.88 M in assets under management (AUM), while JOET manages $239.72 M.

What sectors do the MKTN and JOET ETFs invest in?

MKTN leans toward sectors like Technology, Finance and Healthcare. Meanwhile, JOET focuses on Industrials, Technology and Finance.

What are the top holdings of the MKTN ETF and JOET ETF?

MKTN top holdings include The Travelers Cos., Inc., Fiserv, Inc. and Viking Holdings Ltd. (Bermuda). JOET holds in its top three: Datadog, Inc., Devon Energy Corp. and Micron Technology, Inc..

MKTNvsJOETETF Comparison

Federated Hermes MDT Market Neutral ETF

Virtus Terranova U.S. Quality Momentum ETF

MKTN vs JOET performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the MKTN and JOET ETFs performed in 2026?

As of September 1, 2026, MKTN is up 7.89% year-to-date (YTD), while JOET has returned 7.59%. That puts MKTN better performer ahead so far this year.

Which ETF is attracting more investor money: MKTN or JOET?

Year-to-date, the MKTN ETF saw +$92M in flows, compared to -$13M for JOET.

Which ETF is bigger: MKTN or JOET?

As of September 1, 2026, MKTN holds $127.88 M in assets under management (AUM), while JOET manages $239.72 M.

What sectors do the MKTN and JOET ETFs invest in?

MKTN leans toward sectors like Technology, Finance and Healthcare. Meanwhile, JOET focuses on Industrials, Technology and Finance.

What are the top holdings of the MKTN ETF and JOET ETF?

MKTN top holdings include The Travelers Cos., Inc., Fiserv, Inc. and Viking Holdings Ltd. (Bermuda). JOET holds in its top three: Datadog, Inc., Devon Energy Corp. and Micron Technology, Inc..

Which ETF is more diversified: MKTN or JOET?

MKTN holds 213 securities with 31.94% of its assets in the top 15. JOET has 124 securities and a top 15 weight of 16.17%.

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