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 |
|---|---|---|---|---|
| MU | Micron Technology Inc | Technology | Semiconductors | 0.86% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 0.81% |
| RKLB | Rocket Lab USA Inc. | Industrials | Aerospace & Defense | 0.76% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 0.65% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 0.65% |
| COHR | Coherent Inc | Technology | Scientific & Technical Instruments | 0.61% |
| EXPE | Expedia Group Inc. | Consumer Cyclical | Travel Services | 0.59% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 0.59% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.58% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.57% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 0.55% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 0.55% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.55% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 0.55% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 0.55% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 0.54% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.53% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 0.53% |
| UPS | United Parcel Service Inc | Industrials | Integrated Freight & Logistics | 0.53% |
| FIX | Comfort Systems USA Inc | Industrials | Engineering & Construction | 0.53% |