NYSE ARCA | ETF
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index.
The underlying index seeks to include the 50 securities with the strongest momentum, most muted volatility, most inexpensive valuations, and highest profitability based on an aggregated sector-neutral "MVP" score.
Stocks are selected from the top of each sector and size category in a manner designed to produce an index with sector and size dispersion similar to the overall broad market.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 3.00% |
| TRGP | Targa Resources Inc | Energy | Oil & Gas Midstream | 2.72% |
| ETR | Entergy Corporation | Utilities | Utilities - Regulated Electric | 2.32% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 2.29% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 2.28% |
| LDOS | Leidos Holdings Inc | Technology | Information Technology Services | 2.25% |
| CRBG | Corebridge Financial Inc. | Financial Services | Asset Management | 2.23% |
| WMG | Warner Music Group | Communication Services | Entertainment | 2.16% |
| ULTA | Ulta Beauty Inc | Consumer Cyclical | Specialty Retail | 2.14% |
| PEG | Public Service Enterprise Group Inc | Utilities | Utilities - Regulated Electric | 2.14% |
| GRMN | Garmin Ltd | Technology | Scientific & Technical Instruments | 2.12% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 2.09% |
| STLA | Stellantis NV | Consumer Cyclical | Auto Manufacturers | 2.08% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 2.08% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 2.06% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 2.06% |
| WTW | Willis Towers Watson PLC | Financial Services | Insurance Brokers | 2.05% |
| AEP | American Electric Power Co Inc | Utilities | Utilities - Regulated Electric | 2.05% |
| FE | FirstEnergy Corporation | Utilities | Utilities - Regulated Electric | 2.05% |
| CMI | Cummins Inc | Industrials | Specialty Industrial Machinery | 2.04% |