NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities and real estate investment trusts that comprise the index.
The index is designed to select value stocks from the NASDAQ US 700 Small Cap Index TM (the base index) 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 |
|---|---|---|---|---|
| HE | Hawaiian Electric Industries Inc | Utilities | Utilities - Regulated Electric | 1.04% |
| JXN | Jackson Financial Inc | Financial Services | Insurance - Life | 0.86% |
| LBRT | Liberty Oilfield Services Inc | Energy | Oil & Gas Equipment & Services | 0.83% |
| WIRE | Encore Wire Corporation | Industrials | Electrical Equipment & Parts | 0.82% |
| GPOR | Gulfport Energy Operating Corp | Energy | Oil & Gas E&P | 0.80% |
| CUBI | Customers Bancorp Inc | Financial Services | Banks - Regional | 0.76% |
| URBN | Urban Outfitters Inc | Consumer Cyclical | Apparel Retail | 0.76% |
| PTEN | Patterson-UTI Energy Inc | Energy | Oil & Gas Drilling | 0.75% |
| PRG | PROG Holdings Inc | Industrials | Rental & Leasing Services | 0.74% |
| RYI | Ryerson Holding Corp | Industrials | Metal Fabrication | 0.74% |
| CPE | Callon Petroleum Company | Energy | Oil & Gas E&P | 0.73% |
| CCS | Century Communities Inc | Consumer Cyclical | Residential Construction | 0.72% |
| SAFE | Safehold Inc | Real Estate | REIT - Diversified | 0.72% |
| AMWD | American Woodmark Corporation | Consumer Cyclical | Furnishings, Fixtures & Appliances | 0.72% |
| RES | RPC Inc | Energy | Oil & Gas Equipment & Services | 0.71% |
| NX | Quanex Building Products | Industrials | Building Products & Equipment | 0.71% |
| BZH | Beazer Homes USA Inc | Consumer Cyclical | Residential Construction | 0.70% |
| D55 | MASTERBRAND INC. DL-001 | Consumer Cyclical | Furnishings, Fixtures & Appliances | 0.70% |
| TPH | TRI Pointe Homes Inc | Consumer Cyclical | Residential Construction | 0.69% |
| ADS | Alliance Data Systems Corporation | Financial Services | Credit Services | 0.68% |