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 growth 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 |
|---|---|---|---|---|
| FCNCA | First Citizens BancShares Inc | Financial Services | Banks - Regional | 0.55% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 0.50% |
| IRM | Iron Mountain Incorporated | Real Estate | REIT - Specialty | 0.49% |
| GRMN | Garmin Ltd | Technology | Scientific & Technical Instruments | 0.48% |
| BK | Bank of New York Mellon | Financial Services | Asset Management | 0.47% |
| GE | GE Aerospace | Industrials | Aerospace & Defense | 0.47% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 0.47% |
| LII | Lennox International Inc | Industrials | Building Products & Equipment | 0.47% |
| HEI | Heico Corporation | Industrials | Aerospace & Defense | 0.47% |
| NLOK | NortonLifeLock Inc | Technology | Software - Infrastructure | 0.46% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 0.46% |
| APO | Apollo Global Management LLC Class A | Financial Services | Asset Management | 0.45% |
| GDDY | Godaddy Inc | Technology | Software - Infrastructure | 0.45% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 0.45% |
| WAB | Westinghouse Air Brake Technologies Corp | Industrials | Railroads | 0.45% |
| TT | Trane Technologies plc | Industrials | Building Products & Equipment | 0.44% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 0.44% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 0.44% |
| HLT | Hilton Worldwide Holdings Inc | Consumer Cyclical | Lodging | 0.44% |
| MMM | 3M Company | Industrials | Conglomerates | 0.43% |