NASDAQ | ETF
Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index.
The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQU. S.
Large Mid Cap Index TM that exhibit high levels of relative strength.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SNDK | Sandisk Corp | Technology | Computer Hardware | 8.51% |
| DELL | Dell Technologies Inc | Technology | Computer Hardware | 5.36% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 4.48% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 4.40% |
| SNX | Synnex Corporation | Technology | Electronics & Computer Distribution | 3.81% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 3.36% |
| IVZ | Invesco Plc | Financial Services | Asset Management | 3.35% |
| ZION | Zions Bancorporation | Financial Services | Banks - Regional | 3.35% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 3.35% |
| BECN | Beacon Roofing Supply Inc | Industrials | Industrial Distribution | 3.22% |
| AS5 | COREBRIDGE FINANCIAL INC. | Financial Services | Asset Management | 3.13% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 2.96% |
| TMHC | Taylor Morn Home | Consumer Cyclical | Residential Construction | 2.96% |
| JXN | Jackson Financial Inc | Financial Services | Insurance - Life | 2.96% |
| CMA | Comerica Inc | Financial Services | Banks - Regional | 2.94% |
| RGA | Reinsurance Group of America | Financial Services | Insurance - Reinsurance | 2.94% |
| FCNCA | First Citizens BancShares, Inc. | Financial Services | Banks - Regional | 2.88% |
| ADM | Archer-Daniels-Midland Company | Consumer Defensive | Farm Products | 2.86% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 2.83% |
| BPOP | Popular Inc | Financial Services | Banks - Regional | 2.82% |