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 |
|---|---|---|---|---|
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.51% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.25% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 1.22% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.17% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.11% |
| DOW | Dow Inc | Basic Materials | Chemicals | 1.10% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 1.10% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.09% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 1.08% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.08% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 1.06% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 1.05% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 1.04% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 1.03% |
| MU | Micron Technology Inc | Technology | Semiconductors | 1.02% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 1.01% |
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 1.01% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 1.01% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.99% |
| WBD | Warner Bros Discovery Inc | Communication Services | Entertainment | 0.99% |