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 |
|---|---|---|---|---|
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.06% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 1.00% |
| XYZ | Block, Inc | Technology | Software - Infrastructure | 0.98% |
| CNC | Centene Corp | Healthcare | Healthcare Plans | 0.98% |
| ADM | Archer-Daniels-Midland Company | Consumer Defensive | Farm Products | 0.96% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 0.96% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.94% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 0.94% |
| DHI | DR Horton Inc | Consumer Cyclical | Residential Construction | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 0.94% |
| F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.94% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.94% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 0.93% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 0.92% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 0.92% |
| ELV | Elevance Health Inc | Healthcare | Healthcare Plans | 0.92% |
| DOV | Dover Corporation | Industrials | Specialty Industrial Machinery | 0.91% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.91% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 0.91% |