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 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 | 0.53% |
| ALPN | Alpine Immune Sciences Inc | Healthcare | Biotechnology | 0.52% |
| MOD | Modine Manufacturing Company | Consumer Cyclical | Auto Parts | 0.51% |
| JXN | Jackson Financial Inc | Financial Services | Insurance - Life | 0.42% |
| LBRT | Liberty Oilfield Services Inc | Energy | Oil & Gas Equipment & Services | 0.40% |
| WIRE | Encore Wire Corporation | Industrials | Electrical Equipment & Parts | 0.40% |
| GMS | GMS Inc | Industrials | Building Products & Equipment | 0.38% |
| PRG | PROG Holdings Inc | Industrials | Rental & Leasing Services | 0.38% |
| CUBI | Customers Bancorp Inc | Financial Services | Banks - Regional | 0.38% |
| CRS | Carpenter Technology Corporation | Industrials | Metal Fabrication | 0.37% |
| CCS | Century Communities Inc | Consumer Cyclical | Residential Construction | 0.37% |
| RYI | Ryerson Holding Corp | Industrials | Metal Fabrication | 0.37% |
| URBN | Urban Outfitters Inc | Consumer Cyclical | Apparel Retail | 0.37% |
| PTEN | Patterson-UTI Energy Inc | Energy | Oil & Gas Drilling | 0.36% |
| D55 | MASTERBRAND INC. DL-001 | Consumer Cyclical | Furnishings, Fixtures & Appliances | 0.36% |
| HPP | Hudson Pacific Properties Inc | Real Estate | REIT - Office | 0.36% |
| BRP | Brp Group Inc | Financial Services | Insurance Brokers | 0.36% |
| BZH | Beazer Homes USA Inc | Consumer Cyclical | Residential Construction | 0.36% |
| SAFE | Safehold Inc | Real Estate | REIT - Diversified | 0.36% |
| CPE | Callon Petroleum Company | Energy | Oil & Gas E&P | 0.35% |