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 500 Large 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 |
|---|---|---|---|---|
| WDC | Western Digital Corporation | Technology | Computer Hardware | 1.38% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.25% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.17% |
| PCG | PG&E Corp | Utilities | Utilities - Regulated Electric | 1.00% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 0.96% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.95% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.94% |
| GPN | Global Payments Inc | Industrials | Specialty Business Services | 0.94% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.94% |
| UAL | United Airlines Holdings Inc | Industrials | Airlines | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 0.94% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.93% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.93% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.93% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 0.92% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 0.92% |
| LEN | Lennar Corporation | Consumer Cyclical | Residential Construction | 0.91% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 0.91% |
| F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.91% |