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 | 4.46% |
| RWE | RWE AG | Utilities | Utilities - Diversified | 4.15% |
| ENR | Siemens Energy AG | Industrials | Specialty Industrial Machinery | 4.12% |
| CBK | Commerzbank AG | Financial Services | Banks - Regional | 4.06% |
| MBG | Mercedes-Benz Group AG | Consumer Cyclical | Auto Manufacturers | 4.00% |
| NDA | Aurubis AG | Industrials | Metal Fabrication | 4.00% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 3.99% |
| AG1 | AUTO1 Group SE | Consumer Cyclical | Auto & Truck Dealerships | 3.99% |
| HAG | Hensoldt AG | Industrials | Aerospace & Defense | 3.91% |
| HOT | HOCHTIEF Aktiengesellschaft | Industrials | Engineering & Construction | 3.73% |
| PAH3 | Porsche Automobil Holding SE | Consumer Cyclical | Auto Manufacturers | 3.66% |
| RHM | Rheinmetall AG | Industrials | Aerospace & Defense | 3.50% |
| TLX | Talanx AG | Financial Services | Insurance - Diversified | 3.48% |
| SHA | Schaeffler AG Pref | Consumer Cyclical | Auto Parts | 3.37% |
| LHA | Deutsche Lufthansa AG | Industrials | Airlines | 3.35% |
| P911 | Dr Ing hcF Porsche AG | Consumer Cyclical | Auto Manufacturers | 3.32% |
| R3NK | Renk Group AG | Industrials | Aerospace & Defense | 3.28% |
| NDX1 | Nordex SE | Industrials | Specialty Industrial Machinery | 3.22% |
| VOW3 | Volkswagen AG VZO O.N. | Consumer Cyclical | Auto Manufacturers | 3.22% |
| CON | Continental Aktiengesellschaft | Consumer Cyclical | Auto Parts | 3.21% |