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 | 1.08% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.03% |
| PHM | PulteGroup Inc | Consumer Cyclical | Residential Construction | 1.03% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 1.02% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 0.98% |
| LEN | Lennar Corporation | Consumer Cyclical | Residential Construction | 0.97% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.97% |
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 0.96% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.96% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.96% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 0.95% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 0.95% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.95% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.95% |
| BG | Bunge Limited | Consumer Defensive | Farm Products | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| KHC | Kraft Heinz Co | Consumer Defensive | Packaged Foods | 0.94% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 0.93% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 0.93% |