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 | 1.36% |
| MU | Micron Technology Inc | Technology | Semiconductors | 1.31% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.18% |
| SYF | Synchrony Financial | Financial Services | Credit Services | 1.08% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.07% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.07% |
| XYZ | Block, Inc | Technology | Software - Infrastructure | 1.07% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 1.04% |
| TRMB | Trimble Inc | Technology | Scientific & Technical Instruments | 1.00% |
| ADM | Archer-Daniels-Midland Company | Consumer Defensive | Farm Products | 0.98% |
| F | Ford Motor Company | Consumer Cyclical | Auto Manufacturers | 0.95% |
| NUE | Nucor Corp | Basic Materials | Steel | 0.94% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.94% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.92% |
| ELV | Elevance Health Inc | Healthcare | Healthcare Plans | 0.92% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.92% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.91% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 0.91% |