# Federated Hermes MDT Market Neutral IS (QQMNX)

> Source: Nexqual · https://nexqual.com/QQMNX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, Federated Hermes MDT Market Neutral IS (QQMNX), nexqual.com/QQMNX" · informational, not investment advice.

**Price:** USD 23.95 (-0.13% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 23.98 · day 23.95–23.95 · 52w 21.19–24.07 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +15.0% vs S&P 500 +13.4%; 5Y +79.8% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +15.0% | +79.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +15.1% | +12.5% |
| Volatility (annualized) | 6.5% | 7.0% |
| Max drawdown | -3.8% (Apr 2026→May 2026) | -7.2% (Feb 2023→May 2023) |

## Peers
BDMIX (BlackRock Global Long/Short Equ) USD 15.97 -0.00% · QIACX (Federated Hermes MDT All Cap Co) USD 58.83 -0.00% · GSINX (Goldman Sachs GQG Partners Inte) USD 22.64 +0.00% · CBHIX (Victory Market Neutral Income F) USD 9.5 +0.32% · HMEZX (Nexpoint Merger Abritrage Fund ) USD 19.85 -0.00%

## More
Full page: https://nexqual.com/QQMNX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt