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% | ||
| WDC | Western Digital Corporation | Technology | Computer Hardware | 0.63% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 0.61% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.59% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 0.58% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.58% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 0.56% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.56% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 0.54% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.54% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 0.54% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 0.53% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 0.53% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 0.52% |
| UAL | United Airlines Holdings Inc | Industrials | Airlines | 0.52% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 0.52% |
| MU | Micron Technology Inc | Technology | Semiconductors | 0.51% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 0.50% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.50% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.50% |