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 stocks from the NASDAQ US 500 Large Cap Index TM (the base index) 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 |
|---|---|---|---|---|
| WDC | Western Digital Corporation | Technology | Computer Hardware | 0.81% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.61% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 0.58% |
| MU | Micron Technology Inc | Technology | Semiconductors | 0.56% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.56% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 0.55% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 0.52% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.52% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 0.52% |
| EXPE | Expedia Group Inc. | Consumer Cyclical | Travel Services | 0.51% |
| UPS | United Parcel Service Inc | Industrials | Integrated Freight & Logistics | 0.50% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 0.50% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 0.50% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 0.49% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 0.49% |
| FIX | Comfort Systems USA Inc | Industrials | Engineering & Construction | 0.49% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 0.49% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.49% |
| APH | Amphenol Corporation | Technology | Electronic Components | 0.49% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 0.49% |