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 |
|---|---|---|---|---|
| HOOD | Robinhood Markets Inc | Financial Services | Capital Markets | 0.68% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.66% |
| PLTR | Palantir Technologies Inc. Class A Common Stock | Technology | Software - Infrastructure | 0.65% |
| RBLX | Roblox Corp | Communication Services | Electronic Gaming & Multimedia | 0.64% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.59% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 0.55% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 0.54% |
| TOST | Toast Inc | Technology | Software - Infrastructure | 0.54% |
| GEV | GE Vernova LLC | Industrials | Specialty Industrial Machinery | 0.53% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 0.52% |
| TWLO | Twilio Inc | Technology | Software - Infrastructure | 0.51% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 0.50% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 0.50% |
| SFM | Sprouts Farmers Market LLC | Consumer Defensive | Grocery Stores | 0.49% |
| SOFI | SoFi Technologies Inc. | Financial Services | Credit Services | 0.49% |
| LPLA | LPL Financial Holdings Inc | Financial Services | Capital Markets | 0.49% |
| DASH | DoorDash, Inc. Class A Common Stock | Consumer Cyclical | Internet Retail | 0.48% |
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 0.48% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 0.48% |
| HEI | Heico Corporation | Industrials | Aerospace & Defense | 0.47% |