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 | null | null | 0.81% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 0.65% |
| NUE | Nucor Corp | Basic Materials | Steel | 0.54% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 0.54% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 0.51% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 0.51% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.50% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.49% |
| RS | Reliance Steel & Aluminum Co | Basic Materials | Steel | 0.49% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 0.48% |
| ALLY | Ally Financial Inc | Financial Services | Credit Services | 0.48% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.48% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.48% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 0.48% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 0.47% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 0.47% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.47% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 0.47% |
| LYB | LyondellBasell Industries NV | Basic Materials | Specialty Chemicals | 0.47% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 0.45% |