NASDAQ | ETF
Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index has been designed based upon the principle that the asset class exhibiting the highest levels of relative strength, based on current prices, will be the asset class with the best performance over the near term.
Top 7 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FYC | First Trust Small Cap Growth AlphaDEX® Fund | 17.97% | ||
| FTC | First Trust Large Cap Growth AlphaDEX® Fund | 17.88% | ||
| FDN | First Trust Exchange-Traded Fund - First Trust Dow Jones Internet Index Fund | 13.67% | ||
| FXR | First Trust Exchange-Traded AlphaDEX Fund - First Trust Industrials/Producer Durables AlphaDEX Fund | 13.50% | ||
| QTEC | First Trust Exchange-Traded Fund - First Trust NASDAQ-100-Technology Sector Index Fund | 12.57% | ||
| FTXL | First Trust Nasdaq Semiconductor ETF | 12.17% | ||
| FXD | First Trust Consumer Discretionary AlphaDEX® Fund | 12.16% |