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 | 8.75% |
| ENR | Siemens Energy AG | Industrials | Specialty Industrial Machinery | 4.69% |
| DBK | Deutsche Bank Aktiengesellschaft | Financial Services | Banks - Regional | 4.67% |
| HOT | HOCHTIEF Aktiengesellschaft | Industrials | Engineering & Construction | 4.54% |
| CBK | Commerzbank AG | Financial Services | Banks - Regional | 4.29% |
| HEI | Heidelberg Materials AG | Basic Materials | Building Materials | 4.07% |
| VOW3 | Volkswagen AG VZO O.N. | Consumer Cyclical | Auto Manufacturers | 3.68% |
| 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 | 3.48% |
| MBG | Mercedes-Benz Group AG | Consumer Cyclical | Auto Manufacturers | 3.44% |
| PAH3 | Porsche Automobil Holding SE | Consumer Cyclical | Auto Manufacturers | 3.43% |
| SHA | Schaeffler AG Pref | Consumer Cyclical | Auto Parts | 3.37% |
| BMW | Bayerische Motoren Werke Aktiengesellschaft | Consumer Cyclical | Auto Manufacturers | 3.29% |
| 1COV | Covestro AG | Basic Materials | Specialty Chemicals | 3.16% |
| DHL | Deutsche Post AG | Industrials | Integrated Freight & Logistics | 3.14% |
| ZAL | Zalando SE | Consumer Cyclical | Internet Retail | 3.11% |
| LHA | Deutsche Lufthansa AG | Industrials | Airlines | 2.96% |
| CON | Continental Aktiengesellschaft | Consumer Cyclical | Auto Parts | 2.92% |
| SAP | SAP SE | Technology | Software - Application | 2.76% |