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 | 0.54% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 0.53% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 0.52% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 0.52% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 0.50% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 0.50% |
| MU | Micron Technology Inc | Technology | Semiconductors | 0.50% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.50% |
| TRMB | Trimble Inc | Technology | Scientific & Technical Instruments | 0.48% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 0.48% |
| ELV | Elevance Health Inc | Healthcare | Healthcare Plans | 0.48% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.48% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.48% |
| XYZ | Block, Inc | Technology | Software - Infrastructure | 0.48% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.47% |
| F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.47% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 0.47% |
| ADM | Archer-Daniels-Midland Company | Consumer Defensive | Farm Products | 0.47% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 0.46% |