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 |
|---|---|---|---|---|
| SATS | EchoStar Corporation | Communication Services | Telecom Services | 0.75% |
| CORT | Corcept Therapeutics Incorporated | Healthcare | Biotechnology | 0.65% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.59% |
| APP | Applovin Corp | Technology | Software - Application | 0.58% |
| KTOS | Kratos Defense & Security Solutions | Industrials | Aerospace & Defense | 0.56% |
| RKLB | Rocket Lab USA Inc. | Industrials | Aerospace & Defense | 0.53% |
| M | Macy’s Inc | Consumer Cyclical | Department Stores | 0.52% |
| CRDO | Credo Technology Group Holding Ltd | Technology | Semiconductors | 0.52% |
| IVZ | Invesco Plc | Financial Services | Asset Management | 0.51% |
| ADT_old | ADT | Industrials | Security & Protection Services | 0.51% |
| STRL | Sterling Construction Company Inc | Industrials | Engineering & Construction | 0.51% |
| TLNE | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 0.51% |
| NFE | New Fortress Energy LLC | Utilities | Utilities - Regulated Gas | 0.51% |
| SFM | Sprouts Farmers Market LLC | Consumer Defensive | Grocery Stores | 0.50% |
| DDS | Dillard's, Inc. | Consumer Cyclical | Department Stores | 0.49% |
| CNXC | Concentrix Corporation | Technology | Information Technology Services | 0.49% |
| ELAN | Elanco Animal Health | Healthcare | Drug Manufacturers - Specialty & Generic | 0.48% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.48% |
| FIVE | Five Below Inc | Consumer Cyclical | Specialty Retail | 0.47% |
| DMYI | dMY Technology Group Inc. III | Financial Services | Shell Companies | 0.47% |