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 |
|---|---|---|---|---|
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.17% |
| DHI | DR Horton Inc | Consumer Cyclical | Residential Construction | 1.13% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 1.07% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 1.05% |
| LEN | Lennar Corporation | Consumer Cyclical | Residential Construction | 1.05% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.03% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 1.01% |
| ZBH | Zimmer Biomet Holdings Inc | Healthcare | Medical Devices | 1.01% |
| GPN | Global Payments Inc | Industrials | Specialty Business Services | 0.96% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.96% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.96% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.95% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.94% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.94% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.94% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 0.93% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 0.93% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 0.93% |