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% |
| CNXC | Concentrix Corporation | Technology | Information Technology Services | 0.97% |
| CHK | Chesapeake Energy Corporation | Energy | Oil & Gas E&P | 0.93% |
| AIRC | Apartment Income REIT Corp | Real Estate | REIT - Residential | 0.93% |
| PVH | PVH Corp | Consumer Cyclical | Apparel Manufacturing | 0.88% |
| PTEN | Patterson-UTI Energy Inc | Energy | Oil & Gas Drilling | 0.84% |
| RIOT | Riot Blockchain Inc | Financial Services | Capital Markets | 0.84% |
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 0.83% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.83% |
| SWN | Southwestern Energy Company | Energy | Oil & Gas E&P | 0.82% |
| ACT | Enact Holdings Inc | Financial Services | Insurance - Specialty | 0.81% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 0.79% |
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.79% |
| MDU | MDU Resources Group Inc | Industrials | Conglomerates | 0.78% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 0.77% |
| LKQ | LKQ Corporation | Consumer Cyclical | Auto Parts | 0.77% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 0.77% |
| TAP | Molson Coors Brewing Co Class B | Consumer Defensive | Beverages - Brewers | 0.77% |
| MTH | Meritage Corporation | Consumer Cyclical | Residential Construction | 0.76% |
| ESNT | Essent Group Ltd | Financial Services | Insurance - Specialty | 0.76% |