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 value stocks from the NASDAQ US 500 Large Cap Index TM, NASDAQ US 600 Mid Cap Index TM and NASDAQ US 700 Small Cap Index TM 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 |
|---|---|---|---|---|
| MISXX | Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio | 0.81% | ||
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 0.58% |
| DHI | DR Horton Inc | Consumer Cyclical | Residential Construction | 0.55% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 0.52% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 0.52% |
| LEN | Lennar Corporation | Consumer Cyclical | Residential Construction | 0.51% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 0.51% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.50% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.50% |
| ZBH | Zimmer Biomet Holdings Inc | Healthcare | Medical Devices | 0.49% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.48% |
| GPN | Global Payments Inc | Industrials | Specialty Business Services | 0.47% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.47% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.47% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.47% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.46% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.46% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.46% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 0.46% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 0.46% |