EMTL vs MKTN

Comparison between STATE STREET(R) DOUBLELINE(R) EMERGING MARKETS FIXED INCOME ETF (EMTL, ETF) and FEDERATED HERMES MDT MARKET NEUTRAL ETF (MKTN, ETF).

EMTL vs MKTN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMTL(ETF)	MKTN(ETF)
Net Assets	$90M	$90M
Expense Ratio	0.65%	1.94%
Max Drawdown	29.66%	4.13%
Sharpe Ratio	0.64	0.44
5Y Beta	0.10	0.01
5Y Dividends CAGR	6.64%	N/A

Net Assets

Winner

EMTL

$90M

MKTN

$90M

Expense Ratio

Winner

EMTL

0.65%

MKTN

1.94%

Max Drawdown

EMTL

29.66%

Winner

MKTN

4.13%

Sharpe Ratio

Winner

EMTL

0.64

MKTN

0.44

5Y Beta

EMTL

0.10

Winner

MKTN

0.01

5Y Dividends CAGR

EMTL

6.64%

MKTN

N/A

EMTL vs MKTN - Historical Returns

Returns include dividend reinvestment.

Period	EMTL	MKTN
1 month	+0.13%	+0.98%
3 months	+0.27%	+0.05%
6 months	+0.69%	+2.47%
1 year	+5.23%	N/A
5 years(CAGR)	+1.72%	N/A
10 years(CAGR)	+3.32%	N/A
Max(CAGR)	+3.39%	+6.57%

EMTL

+0.13%

Winner

MKTN

+0.98%

Winner

EMTL

+0.27%

MKTN

+0.05%

EMTL

+0.69%

Winner

MKTN

+2.47%

EMTL

+5.23%

MKTN

N/A

5Y(CAGR)

EMTL

+1.72%

MKTN

N/A

10Y(CAGR)

EMTL

+3.32%

MKTN

N/A

Max(CAGR)

EMTL

+3.39%

Winner

MKTN

+6.57%

EMTL vs MKTN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	EMTL	MKTN
2026	+0.46%	+1.59%
2025	+8.20%	+3.53%
2024	+6.12%	N/A
2023	+9.18%	N/A
2022	-14.09%	N/A
2021	+0.73%	N/A
2020	+3.39%	N/A
2019	+11.83%	N/A
2018	-2.19%	N/A
2017	+8.00%	N/A
2016	+5.98%	N/A

EMTL vs MKTN Drawdown Comparison

The maximum drawdown for EMTL was -22.91%, occurring on Oct 21, 2022. Recovery took 864 trading sessions.

The maximum drawdown for MKTN was -4.13%, occurring on Apr 21, 2026. This drawdown has not yet recovered.

The current EMTL drawdown is -0.39%. The current MKTN drawdown is -0.98%.

Rank	EMTL	MKTN
#1	-22.91% Sep 15, 2021 - Feb 25, 2025	-4.13% Apr 1, 2026 - Apr 21, 2026
#2	-14.48% Feb 21, 2020 - Dec 11, 2020	-3.26% Dec 19, 2025 - Feb 11, 2026
#3	-3.82% Sep 11, 2017 - Jan 31, 2019	-2.78% Sep 30, 2025 - Oct 30, 2025
#4	-2.15% Oct 24, 2016 - Feb 2, 2017	-1.07% Feb 17, 2026 - Mar 25, 2026
#5	-2.15% Mar 31, 2025 - Jun 3, 2025	-0.86% Nov 11, 2025 - Dec 5, 2025
#6	-2.00% Jan 23, 2026 - May 29, 2026	-0.78% Oct 30, 2025 - Nov 7, 2025
#7	-1.66% Feb 5, 2021 - Jun 9, 2021	-0.65% Mar 25, 2026 - Apr 1, 2026
#8	-1.64% Aug 9, 2019 - Dec 4, 2019	-0.35% Dec 15, 2025 - Dec 19, 2025
#9	-1.49% Sep 23, 2025 - Jan 5, 2026	-0.09% Dec 5, 2025 - Dec 9, 2025
#10	-1.05% Feb 28, 2017 - Mar 16, 2017	-0.06% Feb 11, 2026 - Feb 13, 2026
#11	-1.00% Jun 15, 2017 - Jul 21, 2017	-0.03% Sep 26, 2025 - Sep 30, 2025
#12	-0.86% Apr 6, 2017 - Apr 17, 2017	N/A
#13	-0.84% Dec 31, 2020 - Feb 5, 2021	N/A
#14	-0.75% Mar 29, 2017 - Apr 6, 2017	N/A
#15	-0.73% Jul 20, 2021 - Aug 27, 2021	N/A

Correlation

Correlation between EMTL and MKTN is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101

Dividend Comparison (2016 - 2026)

EMTL vs MKTN dividend yield comparison.

Year	EMTL	MKTN
2026	1.99%	0.00%
2025	5.09%	0.51%
2024	5.34%	0.00%
2023	4.78%	0.00%
2022	4.19%	0.00%
2021	5.43%	0.00%
2020	3.28%	0.00%
2019	3.96%	0.00%
2018	3.35%	0.00%
2017	4.16%	0.00%
2016	8.87%	0.00%