MKTN vs FLMX
Comparison between FEDERATED HERMES MDT MARKET NEUTRAL ETF (MKTN, ETF) and FRANKLIN FTSE MEXICO ETF (FLMX, ETF).
MKTN vs FLMX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
MKTN
$90M
FLMX
$89M
Expense Ratio
MKTN
1.94%
Winner
FLMX
0.19%
Max Drawdown
Winner
MKTN
4.13%
FLMX
52.73%
Sharpe Ratio
MKTN
0.44
Winner
FLMX
1.16
5Y Beta
Winner
MKTN
0.01
FLMX
0.68
5Y Dividends CAGR
MKTN
N/A
FLMX
34.85%
MKTN vs FLMX - Holdings Comparison
MKTN and FLMX have 1 common holdings. Overlap is 0.00%
MKTN's top 25 holdings weight is 120.72%. FLMX's top 25 holdings weight is 93.38%.
| Rank | MKTN | FLMX |
|---|---|---|
| #1 | FEDERATED GOVT OBLG PR SHARES (n/a) - 82.33% | GRUPO MEXICO SAB DE CV CLASS B (n/a) - 13.48% |
| #2 | THE TRAVELERS COMPANIES INC (TRV) - 2.66% | GRUPO FINANCIERO BANORTE SAB DE CV CLASS O (n/a) - 12.31% |
| #3 | FISERV INC (FISV) - 2.63% | FOMENTO ECONOMICO MEXICANO SAB DE CV UNITS CONS. OF 1 SHS-B- AND 4 SHS-D- (n/a) - 8.32% |
| #4 | GE VERNOVA INC (GEV) - 2.54% | AMERICA MOVIL SAB DE CV ORDINARY SHARES CLASS B (n/a) - 7.97% |
| #5 | VIKING HOLDINGS LTD (VIK) - 2.50% | WAL MART DE MEXICO SAB DE CV (n/a) - 6.29% |
| #6 | FIVE BELOW INC (FIVE) - 2.34% | CEMEX SAB DE CV (n/a) - 5.15% |
| #7 | ADVANCE AUTO PARTS INC (AAP) - 2.15% | ARCA CONTINENTAL SAB DE CV CLASS B ORDINARY SHARES (n/a) - 3.81% |
| #8 | ENPHASE ENERGY INC (ENPH) - 2.14% | INDUSTRIAS PENOLES SAB DE CV (n/a) - 3.46% |
| #9 | ABBVIE INC (ABBV) - 2.02% | GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV CLASS B (n/a) - 3.41% |
| #10 | BANK OF NEW YORK MELLON CORP (BNY) - 1.86% | PROLOGISPROPERTY MEXICO SA DE CV CERTIFICADOS BURSATILES FIDUCIARIOS INMOBI (n/a) - 2.60% |
| #11 | LULULEMON ATHLETICA INC (LULU) - 1.65% | COCA-COLA FEMSA SAB DE CV CPO TERMS:3 SHS-B- & 5 SHS-L- (n/a) - 2.51% |
| #12 | ADOBE INC (ADBE) - 1.63% | GRUPO AEROPORTUARIO DEL SURESTE SAB DE CV CLASS B (n/a) - 2.44% |
| #13 | ACCENTURE PLC CLASS A (ACN) - 1.63% | FIBRA UNO ADMINISTRACION SA DE CV CERTIFICADOS BURSATILES FIDUCIARIOS INMOB (n/a) - 2.38% |
| #14 | GE AEROSPACE (GE) - 1.63% | GRUPO FINANCIERO INBURSA SAB DE CV SERIES O (n/a) - 2.21% |
| #15 | STATE STREET CORP (STT) - 1.58% | GRUPO CARSO SAB DE CV CLASS A1 (n/a) - 2.12% |
| #16 | COSTCO WHOLESALE CORP (COST) - 1.52% | GRUPO BIMBO SAB DE CV CLASS A (n/a) - 2.05% |
| #17 | CELANESE CORP CLASS A (CE) - 1.49% | GRUPO AEROPORTUARIO DEL CENTRO NORTE SAB DE CV CLASS B (n/a) - 1.75% |
| #18 | REGENERON PHARMACEUTICALS INC (REGN) - 1.47% | KIMBERLY CLARK DE MEXICO SAB DE CV CLASS A (n/a) - 1.70% |
| #19 | THE TRADE DESK INC CLASS A (TTD) - 1.34% | CORPORACION INMOBILIARIA VESTA SAB DE CV (n/a) - 1.46% |
| #20 | GARTNER INC (IT) - 1.32% | PROMOTORA Y OPERADORA DE INFRAESTRUCTURA SAB DE CV (n/a) - 1.40% |
| #21 | ALNYLAM PHARMACEUTICALS INC (ALNY) - 0.48% | MEGACABLE HOLDINGS SAB DE CV (n/a) - 1.38% |
| #22 | BRIDGEBIO PHARMA INC (BBIO) - 0.47% | GRUMA SAB DE CV CLASS B (n/a) - 1.37% |
| #23 | PAYCOM SOFTWARE INC (PAYC) - 0.45% | GENTERA SAB DE CV (n/a) - 1.32% |
| #24 | GODADDY INC CLASS A (GDDY) - 0.45% | BANCO DEL BAJIO SA (n/a) - 1.29% |
| #25 | ALCOA CORP (AA) - 0.44% | SIGMA FOODS SAB DE CV CLASS A (n/a) - 1.20% |
| Total Holdings | 355 | 39 |
MKTN vs FLMX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
MKTN
+0.98%
FLMX
-3.06%
3M
Winner
MKTN
+0.05%
FLMX
-0.70%
6M
MKTN
+2.47%
Winner
FLMX
+11.52%
1Y
MKTN
N/A
FLMX
+28.73%
5Y(CAGR)
MKTN
N/A
FLMX
+12.37%
10Y(CAGR)
MKTN
N/A
FLMX
+7.72%
Max(CAGR)
MKTN
+6.57%
Winner
FLMX
+7.72%
MKTN vs FLMX - Annual Returns (2017 - 2026)
Returns include dividend reinvestment.
| Year | MKTN | FLMX |
|---|---|---|
| 2026 | +1.59% | +8.03% |
| 2025 | +3.53% | +50.48% |
| 2024 | N/A | -27.67% |
| 2023 | N/A | +36.92% |
| 2022 | N/A | +2.89% |
| 2021 | N/A | +18.45% |
| 2020 | N/A | -5.86% |
| 2019 | N/A | +9.70% |
| 2018 | N/A | -13.36% |
| 2017 | N/A | -0.92% |
MKTN vs FLMX Drawdown Comparison
The maximum drawdown for MKTN was -4.13%, occurring on Apr 21, 2026. This drawdown has not yet recovered.
The maximum drawdown for FLMX was -50.10%, occurring on Mar 23, 2020. Recovery took 904 trading sessions.
The current MKTN drawdown is -0.98%. The current FLMX drawdown is -7.72%.
| Rank | MKTN | FLMX |
|---|---|---|
| #1 | -4.13% Apr 1, 2026 - Apr 21, 2026 | -50.10% Jan 26, 2018 - Aug 30, 2021 |
| #2 | -3.26% Dec 19, 2025 - Feb 11, 2026 | -31.75% Apr 8, 2024 - Sep 30, 2025 |
| #3 | -2.78% Sep 30, 2025 - Oct 30, 2025 | -19.64% Apr 1, 2022 - Jan 6, 2023 |
| #4 | -1.07% Feb 17, 2026 - Mar 25, 2026 | -18.05% Jul 28, 2023 - Dec 14, 2023 |
| #5 | -0.86% Nov 11, 2025 - Dec 5, 2025 | -14.18% Feb 20, 2026 - Mar 20, 2026 |
| #6 | -0.78% Oct 30, 2025 - Nov 7, 2025 | -12.63% Aug 31, 2021 - Dec 30, 2021 |
| #7 | -0.65% Mar 25, 2026 - Apr 1, 2026 | -9.32% Mar 3, 2023 - Apr 13, 2023 |
| #8 | -0.35% Dec 15, 2025 - Dec 19, 2025 | -8.18% Jan 12, 2022 - Feb 16, 2022 |
| #9 | -0.09% Dec 5, 2025 - Dec 9, 2025 | -7.09% Feb 16, 2022 - Mar 17, 2022 |
| #10 | -0.06% Feb 11, 2026 - Feb 13, 2026 | -6.93% May 15, 2023 - Jun 9, 2023 |
| #11 | -0.03% Sep 26, 2025 - Sep 30, 2025 | -6.78% Dec 26, 2023 - Feb 6, 2024 |
| #12 | N/A | -5.56% Feb 6, 2024 - Mar 27, 2024 |
| #13 | N/A | -5.53% Feb 1, 2023 - Mar 3, 2023 |
| #14 | N/A | -5.24% Sep 30, 2025 - Nov 11, 2025 |
| #15 | N/A | -4.95% Nov 11, 2025 - Dec 11, 2025 |
Correlation
Correlation between MKTN and FLMX is 0.83 which considered as a strong positive correlation - the stocks tend to move together.
0.83
-101
Dividend Comparison (2017 - 2025)
MKTN vs FLMX dividend yield comparison.
| Year | MKTN | FLMX |
|---|---|---|
| 2025 | 0.51% | 3.99% |
| 2024 | 0.00% | 3.31% |
| 2023 | 0.00% | 2.90% |
| 2022 | 0.00% | 4.22% |
| 2021 | 0.00% | 3.15% |
| 2020 | 0.00% | 1.48% |
| 2019 | 0.00% | 2.95% |
| 2018 | 0.00% | 2.51% |
| 2017 | 0.00% | 0.31% |
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