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 |
|---|---|---|---|---|
| BMW | Bayerische Motoren Werke Aktiengesellschaft | Consumer Cyclical | Auto Manufacturers | 4.73% |
| CBK | Commerzbank AG | Financial Services | Banks - Regional | 4.47% |
| MBG | Mercedes-Benz Group AG | Consumer Cyclical | Auto Manufacturers | 4.30% |
| NDA | Aurubis AG | Industrials | Metal Fabrication | 4.29% |
| HOT | HOCHTIEF Aktiengesellschaft | Industrials | Engineering & Construction | 4.21% |
| AG1 | AUTO1 Group SE | Consumer Cyclical | Auto & Truck Dealerships | 4.12% |
| RWE | RWE AG | Utilities | Utilities - Diversified | 3.97% |
| ENR | Siemens Energy AG | Industrials | Specialty Industrial Machinery | 3.74% |
| PAH3 | Porsche Automobil Holding SE | Consumer Cyclical | Auto Manufacturers | 3.66% |
| LHA | Deutsche Lufthansa AG | Industrials | Airlines | 3.58% |
| VOW3 | Volkswagen AG VZO O.N. | Consumer Cyclical | Auto Manufacturers | 3.56% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 3.53% |
| P911 | Dr Ing hcF Porsche AG | Consumer Cyclical | Auto Manufacturers | 3.50% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 3.50% |
| TLX | Talanx AG | Financial Services | Insurance - Diversified | 3.47% |
| HAG | Hensoldt AG | Industrials | Aerospace & Defense | 3.38% |
| SHA | Schaeffler AG Pref | Consumer Cyclical | Auto Parts | 3.37% |
| CON | Continental Aktiengesellschaft | Consumer Cyclical | Auto Parts | 3.21% |
| 1COV | Covestro AG | Basic Materials | Specialty Chemicals | 3.16% |
| PAH3 | Porsche Automobil Holding SE | Consumer Cyclical | Auto Manufacturers | 3.09% |