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 growth 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 |
|---|---|---|---|---|
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.55% |
| HOOD | Robinhood Markets Inc | Financial Services | Capital Markets | 0.54% |
| TRGP | Targa Resources Inc | Energy | Oil & Gas Midstream | 0.52% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.51% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.50% |
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 0.49% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 0.49% |
| WSM | Williams-Sonoma Inc | Consumer Cyclical | Specialty Retail | 0.47% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 0.47% |
| BK | Bank of New York Mellon | Financial Services | Banks - Diversified | 0.47% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 0.46% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 0.46% |
| LPLA | LPL Financial Holdings Inc | Financial Services | Capital Markets | 0.46% |
| WAB | Westinghouse Air Brake Technologies Corp | Industrials | Railroads | 0.46% |
| AXP | American Express Company | Financial Services | Credit Services | 0.46% |
| NLOK | NortonLifeLock Inc | Technology | Software - Infrastructure | 0.45% |
| GRMN | Garmin Ltd | Technology | Scientific & Technical Instruments | 0.45% |
| NTRS | Northern Trust Corporation | Financial Services | Asset Management | 0.45% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 0.45% |
| LYV | Live Nation Entertainment Inc | Communication Services | Entertainment | 0.45% |