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 Germany Index (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 |
|---|---|---|---|---|
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 9.61% |
| ENR | Siemens Energy AG | Industrials | Specialty Industrial Machinery | 5.91% |
| CBK | Commerzbank AG | Financial Services | Banks - Regional | 4.89% |
| DBK | Deutsche Bank Aktiengesellschaft | Financial Services | Banks - Regional | 4.76% |
| HOT | HOCHTIEF Aktiengesellschaft | Industrials | Engineering & Construction | 4.17% |
| HEI | Heidelberg Materials AG | Basic Materials | Building Materials | 4.08% |
| PAH3 | Porsche Automobil Holding SE | Consumer Cyclical | Auto Manufacturers | 3.66% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 3.50% |
| RWE | RWE AG | Utilities | Utilities - Diversified | 3.38% |
| SHA | Schaeffler AG Pref | Consumer Cyclical | Auto Parts | 3.37% |
| VOW3 | Volkswagen AG VZO O.N. | Consumer Cyclical | Auto Manufacturers | 3.34% |
| DHL | Deutsche Post AG | Industrials | Integrated Freight & Logistics | 3.21% |
| 1COV | Covestro AG | Basic Materials | Specialty Chemicals | 3.16% |
| BMW | Bayerische Motoren Werke Aktiengesellschaft | Consumer Cyclical | Auto Manufacturers | 3.13% |
| CON | Continental Aktiengesellschaft | Consumer Cyclical | Auto Parts | 3.12% |
| PAH3 | Porsche Automobil Holding SE | Consumer Cyclical | Auto Manufacturers | 3.11% |
| MBG | Mercedes-Benz Group AG | Consumer Cyclical | Auto Manufacturers | 3.07% |
| LHA | Deutsche Lufthansa AG | Industrials | Airlines | 3.00% |
| SAP | SAP SE | Technology | Software - Application | 2.89% |
| TLX | Talanx AG | Financial Services | Insurance - Diversified | 2.68% |