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 |
|---|---|---|---|---|
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 1.28% |
| NUE | Nucor Corp | Basic Materials | Steel | 1.07% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 1.07% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 1.02% |
| PSX | Phillips 66 | Energy | Oil & Gas Refining & Marketing | 1.00% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.99% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 0.98% |
| RS | Reliance Steel & Aluminum Co | Basic Materials | Steel | 0.98% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 0.96% |
| ALLY | Ally Financial Inc | Financial Services | Credit Services | 0.96% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.95% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 0.94% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 0.94% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 0.94% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 0.94% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.93% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 0.93% |
| LYB | LyondellBasell Industries NV | Basic Materials | Specialty Chemicals | 0.92% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 0.90% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 0.89% |