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 value stocks from the NASDAQ US 600 Mid 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 |
|---|---|---|---|---|
| NFE | New Fortress Energy LLC | Utilities | Utilities - Regulated Gas | 1.22% |
| CHK | Chesapeake Energy Corporation | Energy | Oil & Gas E&P | 0.93% |
| AIRC | Apartment Income REIT Corp | Real Estate | REIT - Residential | 0.93% |
| TOL | Toll Brothers Inc | Consumer Cyclical | Residential Construction | 0.86% |
| CIVI | Civitas Resources Inc | Energy | Oil & Gas E&P | 0.86% |
| UGI | UGI Corporation | Utilities | Utilities - Regulated Gas | 0.85% |
| PTEN | Patterson-UTI Energy Inc | Energy | Oil & Gas Drilling | 0.84% |
| LBRT | Liberty Oilfield Services Inc | Energy | Oil & Gas Equipment & Services | 0.83% |
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 0.83% |
| SWN | Southwestern Energy Company | Energy | Oil & Gas E&P | 0.82% |
| HP | Helmerich and Payne Inc | Energy | Oil & Gas Drilling | 0.82% |
| SM | SM Energy Co | Energy | Oil & Gas E&P | 0.82% |
| OVV | Ovintiv Inc | Energy | Oil & Gas E&P | 0.81% |
| NOG | Northern Oil & Gas Inc | Energy | Oil & Gas E&P | 0.81% |
| CNXC | Concentrix Corporation | Technology | Information Technology Services | 0.81% |
| MTDR | Matador Resources Company | Energy | Oil & Gas E&P | 0.81% |
| FMC | FMC Corporation | Basic Materials | Agricultural Inputs | 0.79% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.79% |
| MUR | Murphy Oil Corporation | Energy | Oil & Gas E&P | 0.78% |
| APA | APA Corporation | Energy | Oil & Gas E&P | 0.78% |