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 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 |
|---|---|---|---|---|
| LITE | Lumentum Holdings Inc | Technology | Communication Equipment | 0.70% |
| CORT | Corcept Therapeutics Incorporated | Healthcare | Biotechnology | 0.65% |
| APA | APA Corporation | Energy | Oil & Gas E&P | 0.63% |
| CIEN | Ciena Corp | Technology | Communication Equipment | 0.61% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.59% |
| APP | Applovin Corp | Technology | Software - Application | 0.58% |
| BE | Bloom Energy Corp | Industrials | Electrical Equipment & Parts | 0.57% |
| SYM | Symbotic Inc | Industrials | Specialty Industrial Machinery | 0.57% |
| CRC | California Resources Corp | Energy | Oil & Gas E&P | 0.56% |
| CHRD | Chord Energy Corp | Energy | Oil & Gas E&P | 0.56% |
| KTOS | Kratos Defense & Security Solutions | Industrials | Aerospace & Defense | 0.56% |
| PR | Permian Resources Corporation | Energy | Oil & Gas E&P | 0.55% |
| OVV | Ovintiv Inc | Energy | Oil & Gas E&P | 0.55% |
| YZ8 | Permian Resources Corporation | Energy | Oil & Gas E&P | 0.54% |
| MTDR | Matador Resources Company | Energy | Oil & Gas E&P | 0.54% |
| ANF | Abercrombie & Fitch Company | Consumer Cyclical | Apparel Retail | 0.53% |
| RKLB | Rocket Lab USA Inc. | Industrials | Aerospace & Defense | 0.53% |
| MGY | Magnolia Oil & Gas Corp | Energy | Oil & Gas E&P | 0.53% |
| M | Macy’s Inc | Consumer Cyclical | Department Stores | 0.52% |
| CRDO | Credo Technology Group Holding Ltd | Technology | Semiconductors | 0.52% |