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 |
|---|---|---|---|---|
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 1.36% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.05% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 1.03% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.03% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 1.02% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.00% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.99% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 0.98% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.98% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 0.98% |
| RS | Reliance Steel & Aluminum Co | Basic Materials | Steel | 0.97% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 0.96% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 0.95% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 0.94% |
| CINF | Cincinnati Financial Corporation | Financial Services | Insurance - Property & Casualty | 0.92% |
| NUE | Nucor Corp | Basic Materials | Steel | 0.92% |
| ALLY | Ally Financial Inc | Financial Services | Credit Services | 0.92% |
| EG | Everest Group Ltd | Financial Services | Insurance - Reinsurance | 0.91% |