RWLC vs MKTN
Comparison between RAYLIANT WILSHIRE NXTGEN US LARGE CAP EQUITY ETF (RWLC, ETF) and FEDERATED HERMES MDT MARKET NEUTRAL ETF (MKTN, ETF).
RWLC vs MKTN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
RWLC
$90M
Winner
MKTN
$90M
Expense Ratio
Winner
RWLC
0.32%
MKTN
1.94%
Max Drawdown
RWLC
21.01%
Winner
MKTN
4.13%
Sharpe Ratio
Winner
RWLC
1.09
MKTN
0.44
5Y Beta
RWLC
0.84
Winner
MKTN
0.01
P/E Ratio
RWLC
25.50
MKTN
N/A
Forward P/E
RWLC
19.26
MKTN
N/A
PEG Ratio
RWLC
0.21
MKTN
N/A
5Y EPS CAGR
RWLC
29.41%
MKTN
N/A
Debt to Equity
RWLC
9.55%
MKTN
N/A
P/S Ratio
RWLC
2.24
MKTN
N/A
P/B Ratio
RWLC
7.30
MKTN
N/A
RWLC vs MKTN - Holdings Comparison
RWLC and MKTN have 28 common holdings. Overlap is 8.47%
RWLC's top 25 holdings weight is 62.84%. MKTN's top 25 holdings weight is 120.72%.
| Rank | RWLC | MKTN |
|---|---|---|
| #1 | APPLE INC (AAPL) - 9.05% | FEDERATED GOVT OBLG PR SHARES (n/a) - 82.33% |
| #2 | NVIDIA CORP (NVDA) - 6.81% | THE TRAVELERS COMPANIES INC (TRV) - 2.66% |
| #3 | ALPHABET INC CLASS A (GOOGL) - 4.43% | FISERV INC (FISV) - 2.63% |
| #4 | ALPHABET INC CLASS C (GOOG) - 3.93% | GE VERNOVA INC (GEV) - 2.54% |
| #5 | MICRON TECHNOLOGY INC (MU) - 3.49% | VIKING HOLDINGS LTD (VIK) - 2.50% |
| #6 | LAM RESEARCH CORP (LRCX) - 3.12% | FIVE BELOW INC (FIVE) - 2.34% |
| #7 | MICROSOFT CORP (MSFT) - 2.84% | ADVANCE AUTO PARTS INC (AAP) - 2.15% |
| #8 | AMAZON.COM INC (AMZN) - 2.51% | ENPHASE ENERGY INC (ENPH) - 2.14% |
| #9 | MASTERCARD INC CLASS A (MA) - 2.37% | ABBVIE INC (ABBV) - 2.02% |
| #10 | WESTERN DIGITAL CORP (WDC) - 2.29% | BANK OF NEW YORK MELLON CORP (BNY) - 1.86% |
| #11 | ALTRIA GROUP INC (MO) - 2.02% | LULULEMON ATHLETICA INC (LULU) - 1.65% |
| #12 | GILEAD SCIENCES INC (GILD) - 1.91% | ADOBE INC (ADBE) - 1.63% |
| #13 | ADOBE INC (ADBE) - 1.69% | ACCENTURE PLC CLASS A (ACN) - 1.63% |
| #14 | EXXON MOBIL CORP (XOM) - 1.64% | GE AEROSPACE (GE) - 1.63% |
| #15 | GE VERNOVA INC (GEV) - 1.59% | STATE STREET CORP (STT) - 1.58% |
| #16 | BANK OF NEW YORK MELLON CORP (BNY) - 1.54% | COSTCO WHOLESALE CORP (COST) - 1.52% |
| #17 | ELI LILLY AND CO (LLY) - 1.46% | CELANESE CORP CLASS A (CE) - 1.49% |
| #18 | PROGRESSIVE CORP (PGR) - 1.40% | REGENERON PHARMACEUTICALS INC (REGN) - 1.47% |
| #19 | BOOKING HOLDINGS INC (BKNG) - 1.34% | THE TRADE DESK INC CLASS A (TTD) - 1.34% |
| #20 | CIENA CORP (CIEN) - 1.33% | GARTNER INC (IT) - 1.32% |
| #21 | WILLIAMS COMPANIES INC (WMB) - 1.31% | ALNYLAM PHARMACEUTICALS INC (ALNY) - 0.48% |
| #22 | BROADCOM INC (AVGO) - 1.24% | BRIDGEBIO PHARMA INC (BBIO) - 0.47% |
| #23 | MCKESSON CORP (MCK) - 1.22% | PAYCOM SOFTWARE INC (PAYC) - 0.45% |
| #24 | GENERAL MOTORS CO (GM) - 1.18% | GODADDY INC CLASS A (GDDY) - 0.45% |
| #25 | THE TRAVELERS COMPANIES INC (TRV) - 1.13% | ALCOA CORP (AA) - 0.44% |
| Total Holdings | 114 | 355 |
RWLC vs MKTN - Historical Returns
Returns include dividend reinvestment.
1M
Winner
RWLC
+2.88%
MKTN
+0.98%
3M
Winner
RWLC
+10.29%
MKTN
+0.05%
6M
Winner
RWLC
+12.65%
MKTN
+2.47%
1Y
RWLC
+19.68%
MKTN
N/A
5Y(CAGR)
RWLC
+13.29%
MKTN
N/A
Max(CAGR)
Winner
RWLC
+13.29%
MKTN
+6.57%
RWLC vs MKTN - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | RWLC | MKTN |
|---|---|---|
| 2026 | +11.10% | +1.59% |
| 2025 | +20.29% | +3.53% |
| 2024 | +30.72% | N/A |
| 2023 | +15.43% | N/A |
| 2022 | -11.99% | N/A |
| 2021 | +2.05% | N/A |
RWLC vs MKTN Drawdown Comparison
The maximum drawdown for RWLC was -21.00%, occurring on Sep 30, 2022. Recovery took 512 trading sessions.
The maximum drawdown for MKTN was -4.13%, occurring on Apr 21, 2026. This drawdown has not yet recovered.
The current RWLC drawdown is -2.46%. The current MKTN drawdown is -0.98%.
| Rank | RWLC | MKTN |
|---|---|---|
| #1 | -21.00% Dec 27, 2021 - Jan 10, 2024 | -4.13% Apr 1, 2026 - Apr 21, 2026 |
| #2 | -16.20% Feb 18, 2025 - May 16, 2025 | -3.26% Dec 19, 2025 - Feb 11, 2026 |
| #3 | -9.46% Dec 11, 2025 - Apr 17, 2026 | -2.78% Sep 30, 2025 - Oct 30, 2025 |
| #4 | -8.23% Jul 10, 2024 - Aug 20, 2024 | -1.07% Feb 17, 2026 - Mar 25, 2026 |
| #5 | -5.86% Oct 28, 2025 - Dec 10, 2025 | -0.86% Nov 11, 2025 - Dec 5, 2025 |
| #6 | -5.30% Apr 3, 2024 - May 6, 2024 | -0.78% Oct 30, 2025 - Nov 7, 2025 |
| #7 | -5.14% Dec 5, 2024 - Feb 5, 2025 | -0.65% Mar 25, 2026 - Apr 1, 2026 |
| #8 | -4.44% Aug 30, 2024 - Sep 19, 2024 | -0.35% Dec 15, 2025 - Dec 19, 2025 |
| #9 | -2.70% Oct 2, 2025 - Oct 28, 2025 | -0.09% Dec 5, 2025 - Dec 9, 2025 |
| #10 | -2.68% Dec 20, 2021 - Dec 27, 2021 | -0.06% Feb 11, 2026 - Feb 13, 2026 |
| #11 | -2.46% Jun 2, 2026 - Jun 5, 2026 | -0.03% Sep 26, 2025 - Sep 30, 2025 |
| #12 | -2.31% Jul 25, 2025 - Aug 6, 2025 | N/A |
| #13 | -1.90% Aug 13, 2025 - Sep 9, 2025 | N/A |
| #14 | -1.81% Nov 13, 2024 - Nov 25, 2024 | N/A |
| #15 | -1.80% Jun 6, 2025 - Jun 24, 2025 | N/A |
Correlation
Correlation between RWLC and MKTN is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.44
-101
Dividend Comparison (2021 - 2025)
RWLC vs MKTN dividend yield comparison.
| Year | RWLC | MKTN |
|---|---|---|
| 2025 | 14.69% | 0.51% |
| 2024 | 0.98% | 0.00% |
| 2023 | 1.63% | 0.00% |
| 2022 | 1.39% | 0.00% |
| 2021 | 0.01% | 0.00% |
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