NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index TM, NASDAQ US 600 Mid Cap Index TM and NASDAQ US 700 Small Cap Index TM that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| DHI | DR Horton Inc | Consumer Cyclical | Residential Construction | 0.53% |
| LEN | Lennar Corporation | Consumer Cyclical | Residential Construction | 0.50% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.48% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 0.46% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 0.45% |
| CINF | Cincinnati Financial Corporation | Financial Services | Insurance - Property & Casualty | 0.45% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 0.45% |
| ETR | Entergy Corporation | Utilities | Utilities - Regulated Electric | 0.45% |
| EXC | Exelon Corporation | Utilities | Utilities - Regulated Electric | 0.45% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.45% |
| GPN | Global Payments Inc | Industrials | Specialty Business Services | 0.44% |
| ADM | Archer-Daniels-Midland Company | Consumer Defensive | Farm Products | 0.44% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 0.44% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 0.44% |
| CE | Celanese Corporation | Basic Materials | Chemicals | 0.43% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 0.43% |
| NUE | Nucor Corp | Basic Materials | Steel | 0.42% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 0.42% |
| EG | Everest Group Ltd | Financial Services | Insurance - Reinsurance | 0.42% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 0.42% |