QQMNX

ActiveMin. $1M

Federated Hermes MDT Market Neutral Fund

Category: Other (5,046 funds)

Expense Ratio
1.86%
Annual Cost per $10K
$186.00
30-Year Fee Drag per $10K
$31,141
at 7% annual return
Fund Type
Mutual Fund
Active · Min: $1M
Trailing 12-Month
+7.60%

Asset Allocation

US Equity
22%
Intl Equity
23%
Cash
55%

Fee Comparison

QQMNX
1.86%
Other average
0.99%
Other cheapest
0.00%
Index benchmark
0.03%

88% more expensive than category average

Historical Returns

Monthly total returns (dividends reinvested) from SEC N-PORT filings · As of December 2025 · Updated quarterly

+42.31%3Y
Compare to

Fee Impact Calculator

$
%
QQMNX at 1.86%$224,910
At index rates (0.03%)$377,424
Zero fees (theoretical)$380,613
Total fee drag$155,703
Cost vs index fund−$152,514

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Ranked by allocation similarity weighted by fund size · Returns (dividends reinvested) from SEC N-PORT filings · As of December 2025

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QQMNXFederated Hermes MDT Market Neutral Fund1.86%
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GTSOXSecured Options Portfolio0.86%
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XSWSPDR(R) S&P(R) Software & Services ETF0.35%
SHViShares Short Treasury Bond ETF0.15%
DFIHXDFA ONE-YEAR FIXED INCOME PORTFOLIO$1M min0.13%
CWISPDR(R) MSCI ACWI EX-US ETF0.30%
RAPFXCohen & Steers Real Assets Fund, Inc.0.81%
SSGVXState Street Global All Cap Equity ex-U.S. Index Portfolio0.04%
PIMGMVAPIMCO Balanced Allocation Portfolio0.90%
MDYGSPDR(R) S & P 400 Mid Cap Growth ETF0.15%
MEXXDirexion Daily MSCI Mexico Bull 3X Shares1.24%
KCEIXKnights of Columbus Long/Short Equity Fund2.03%
SPSMSPDR(R) Portfolio S&P 600 Small Cap ETF0.03%
IILGXTHRIVENT GLOBAL STOCK FUND0.65%
JMNAXJPMorgan Research Market Neutral Fund2.74%
RYMQXMulti-Hedge Strategies Fund2.06%
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BIVRXInvenomic Fund3.41%
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BRCAXInvesco Balanced-Risk Commodity Strategy Fund2.15%
BILSPDR(R) Bloomberg 1-3 Month T-Bill ETF0.14%
JSOAXJPMorgan Strategic Income Opportunities Fund0.60%
MDPIXMID-CAP PROFUND1.78%
TANInvesco Solar ETF0.70%
ABRCXInvesco Balanced-Risk Allocation Fund1.08%
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NVDUDirexion Daily NVDA Bull 2X Shares1.04%
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FIFGXFidelity SAI Inflation-Focused Fund0.39%
COIDXIDX Adaptive Opportunities Fund$1M min2.06%
QSPRXAQR Style Premia Alternative Fund5.79%
HCHYXThe Corporate Opportunities Portfolio1.09%
BDGSBridges Capital Tactical ETF0.87%
ICSHiShares Ultra Short Duration Bond Active ETF0.08%
BSJPInvesco BulletShares 2025 High Yield Corporate Bond ETF0.43%
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FLSPFranklin Systematic Style Premia ETF0.65%
RYRHXRussell 2000 Fund1.63%
SGOViShares 0-3 Month Treasury Bond ETF0.07%
PCLAXPIMCO CommoditiesPLUS Strategy Fund1.28%
BTGDSTKd 100% Bitcoin & 100% Gold ETF1.00%
OASRXOakhurst Strategic Defined Risk Fund1.83%
FAAAXK2 Alternative Strategies Fund3.18%
RSBAReturn Stacked Bonds & Merger Arbitrage ETF0.97%
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VTHRXVANGUARD TARGET RETIREMENT 2030 FUND0.08%
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