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 |
|---|---|---|---|---|
| URBN | Urban Outfitters Inc | Consumer Cyclical | Apparel Retail | 1.05% |
| NFE | New Fortress Energy LLC | Utilities | Utilities - Regulated Gas | 0.96% |
| AIRC | Apartment Income REIT Corp | Real Estate | REIT - Residential | 0.93% |
| CHK | Chesapeake Energy Corporation | Energy | Oil & Gas E&P | 0.86% |
| TOL | Toll Brothers Inc | Consumer Cyclical | Residential Construction | 0.86% |
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 0.83% |
| MTDR | Matador Resources Company | Energy | Oil & Gas E&P | 0.83% |
| SWN | Southwestern Energy Company | Energy | Oil & Gas E&P | 0.82% |
| CNX | CNX Resources Corp | Energy | Oil & Gas E&P | 0.82% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 0.82% |
| UGI | UGI Corporation | Utilities | Utilities - Regulated Gas | 0.81% |
| PVH | PVH Corp | Consumer Cyclical | Apparel Manufacturing | 0.80% |
| NOG | Northern Oil & Gas Inc | Energy | Oil & Gas E&P | 0.80% |
| AL | Air Lease Corporation | Industrials | Rental & Leasing Services | 0.79% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.79% |
| HP | Helmerich and Payne Inc | Energy | Oil & Gas Drilling | 0.79% |
| VTRS | Viatris Inc | Healthcare | Drug Manufacturers - Specialty & Generic | 0.78% |
| AMG | Affiliated Managers Group Inc | Financial Services | Asset Management | 0.77% |
| TAP | Molson Coors Brewing Co Class B | Consumer Defensive | Beverages - Brewers | 0.75% |
| FYBR | Frontier Communications Parent Inc | Communication Services | Telecom Services | 0.75% |