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 | 0.89% |
| RBLX | Roblox Corp | Communication Services | Electronic Gaming & Multimedia | 0.73% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.67% |
| SOFI | SoFi Technologies Inc. | Financial Services | Credit Services | 0.65% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.65% |
| PLTR | Palantir Technologies Inc. Class A Common Stock | Technology | Software - Infrastructure | 0.65% |
| SEZL | Sezzle Inc. Common Stock | Financial Services | Credit Services | 0.58% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 0.55% |
| GEV | GE Vernova LLC | Industrials | Specialty Industrial Machinery | 0.55% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 0.55% |
| NET | Cloudflare Inc | Technology | Software - Infrastructure | 0.54% |
| TOST | Toast Inc | Technology | Software - Infrastructure | 0.53% |
| DASH | DoorDash, Inc. Class A Common Stock | Consumer Cyclical | Internet Retail | 0.53% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 0.52% |
| TPR | Tapestry Inc | Consumer Cyclical | Luxury Goods | 0.52% |
| NTRS | Northern Trust Corporation | Financial Services | Asset Management | 0.51% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 0.51% |
| RCL | Royal Caribbean Cruises Ltd | Consumer Cyclical | Travel Services | 0.51% |
| TWLO | Twilio Inc | Technology | Software - Infrastructure | 0.49% |
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 0.48% |