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 |
|---|---|---|---|---|
| APP | Applovin Corp | Technology | Software - Application | 1.08% |
| PLTR | Palantir Technologies Inc. Class A Common Stock | Technology | Software - Infrastructure | 0.83% |
| AXON | Axon Enterprise Inc. | Industrials | Aerospace & Defense | 0.67% |
| HOOD | Robinhood Markets Inc | Financial Services | Capital Markets | 0.60% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.60% |
| RCL | Royal Caribbean Cruises Ltd | Consumer Cyclical | Travel Services | 0.56% |
| GDDY | Godaddy Inc | Technology | Software - Infrastructure | 0.55% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.52% |
| DASH | DoorDash, Inc. Class A Common Stock | Communication Services | Internet Content & Information | 0.52% |
| TRGP | Targa Resources Inc | Energy | Oil & Gas Midstream | 0.51% |
| EXPE | Expedia Group Inc. | Consumer Cyclical | Travel Services | 0.51% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.50% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 0.49% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 0.49% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 0.48% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 0.47% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 0.46% |
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 0.46% |
| CCL | Carnival Corporation | Consumer Cyclical | Travel Services | 0.46% |
| AXP | American Express Company | Financial Services | Credit Services | 0.46% |