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% | ||
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 0.71% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.54% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 0.54% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.54% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 0.53% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 0.52% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.51% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 0.51% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.51% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 0.51% |
| RS | Reliance Steel & Aluminum Co | Basic Materials | Steel | 0.50% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 0.50% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 0.49% |
| CINF | Cincinnati Financial Corporation | Financial Services | Insurance - Property & Casualty | 0.48% |
| NUE | Nucor Corp | Basic Materials | Steel | 0.48% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.48% |
| ALLY | Ally Financial Inc | Financial Services | Credit Services | 0.48% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 0.48% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 0.47% |