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MKTNvsXOEFETF Comparison

ETF 1

MKTN

Federated Hermes MDT Market Neutral ETF

This fund is part of

Alternatives

+1%

Full MKTN fund page

VS

ETF 2

XOEF

iShares S&P 500 ex S&P 100 ETF

This fund is part of

US Large Cap

+1.06%

Full XOEF fund page

Federated Hermes MDT Market Neutral ETF (MKTN) belongs to the Alternatives segment. iShares S&P 500 ex S&P 100 ETF (XOEF) is part of the US Large Cap segment. MKTN's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, XOEF's top sector exposures are Technology, Finance and Industrials. MKTN is more expensive with a Total Expense Ratio (TER) of 2.27%, versus 0.2% for XOEF. MKTN is up 8.24% year-to-date (YTD) with +$95M in YTD flows. XOEF performs better with 16.88% YTD performance, and +$4M in YTD flows. Run a side-by-side ETF comparison of MKTN and XOEF 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 XOEF performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 09/03/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MKTN XOEF	+2.36%+0.63%	+7.01%+2.57%	+8.24%+16.88%	n/a+21.28%	n/an/a	n/an/a
Flows	MKTN XOEF	+$11M-	+$28M+$1M	+$95M+$4M	-+$7M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MKTN XOEF	+7.06%+12.58%	n/a+12.95%	n/an/a	n/an/a
Max drawdown	MKTN XOEF	-1.80%-3.64%	n/a-7.63%	n/an/a	n/an/a
Max drawdown duration	MKTN XOEF	14d18d	n/a49d	n/an/a	n/an/a

Trading data

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	MKTN	XOEF
Last sale 9/3/2026 at 1:30 PM	$27.80	$30.01
Previous close 09/03/2026	$27.72	$29.78
Consolidated volume 09/03/2026
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	XOEF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/3/2026 at 1:30 PM

Live

Closed

	MKTN	XOEF
Last price	$27.80	$30.01
1D performance	+0.29%	+0.78%
AuM	$131.07 M	$22.83 M
E/R	2.27%	0.2%

Characteristics

	MKTN	XOEF
Management strategy	Active	Passive
Provider	Federated Investment Management	iShares
Benchmark	-	S&P 500 ex-S&P 100 Select Index
N° of holdings	213	398
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	September 24, 2025	July 9, 2025
ESG	No	No

More MKTN data on Trackinsight

More XOEF data on Trackinsight

Exposure

Countries

MKTN

USA

85.3%

Other

14.7%

XOEF

USA

93.96%

Other

6.04%

Sectors

MKTN

Technology

24.82%

Finance

18.06%

Healthcare

13.77%

Industrials

9.75%

Consumer Cyclical.

7.03%

Other

26.57%

XOEF

Technology

22.49%

Finance

20.08%

Industrials

13.87%

Healthcare

9.32%

Other

34.24%

Diversification

MKTN

Total weight of top 15 holdings out of 15

31.94%

XOEF

Total weight of top 15 holdings out of 15

15.24%

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%

XOEF

Palo Alto Networks, Inc.

1.48%

KLA Corp.

1.32%

Amphenol Corp.

1.10%

Seagate Technology Holdings Plc

1.07%

Sandisk Corp.

1.06%

CrowdStrike Holdings, Inc.

1.06%

Western Digital Corp.

1.03%

Analog Devices, Inc.

1.00%

Arista Networks, Inc.

0.99%

The TJX Cos., Inc.

0.99%

Welltower, Inc.

0.93%

Marvell Technology, Inc.

0.90%

Eaton Corp. Plc

0.84%

Prologis, Inc.

0.76%

Chubb Ltd.

0.71%

Frequently asked questions about MKTN and XOEF

How have the MKTN and XOEF ETFs performed in 2026?

As of September 3, 2026, MKTN is up 8.24% year-to-date (YTD), while XOEF has returned 16.88%. That puts XOEF better performer ahead so far this year.

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

Year-to-date, the MKTN ETF saw +$95M in flows, compared to +$4M for XOEF.

Which ETF is bigger: MKTN or XOEF?

As of September 3, 2026, MKTN holds $131.07 M in assets under management (AUM), while XOEF manages $22.83 M.

What sectors do the MKTN and XOEF ETFs invest in?

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

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

MKTN top holdings include The Travelers Cos., Inc., Fiserv, Inc. and Viking Holdings Ltd. (Bermuda). XOEF holds in its top three: Palo Alto Networks, Inc., KLA Corp. and Amphenol Corp..

MKTNvsXOEFETF Comparison

Federated Hermes MDT Market Neutral ETF

iShares S&P 500 ex S&P 100 ETF

MKTN vs XOEF 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 XOEF ETFs performed in 2026?

As of September 3, 2026, MKTN is up 8.24% year-to-date (YTD), while XOEF has returned 16.88%. That puts XOEF better performer ahead so far this year.

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

Year-to-date, the MKTN ETF saw +$95M in flows, compared to +$4M for XOEF.

Which ETF is bigger: MKTN or XOEF?

As of September 3, 2026, MKTN holds $131.07 M in assets under management (AUM), while XOEF manages $22.83 M.

What sectors do the MKTN and XOEF ETFs invest in?

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

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

MKTN top holdings include The Travelers Cos., Inc., Fiserv, Inc. and Viking Holdings Ltd. (Bermuda). XOEF holds in its top three: Palo Alto Networks, Inc., KLA Corp. and Amphenol Corp..

Which ETF is more diversified: MKTN or XOEF?

MKTN holds 213 securities with 31.94% of its assets in the top 15. XOEF has 404 securities and a top 15 weight of 15.24%.

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