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 growth 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 |
|---|---|---|---|---|
| SNDK | Sandisk Corp | Technology | Computer Hardware | 2.20% |
| MU | Micron Technology Inc | Technology | Semiconductors | 2.19% |
| DELL | Dell Technologies Inc | Technology | Computer Hardware | 1.77% |
| MRVL | Marvell Technology Group Ltd | Technology | Semiconductors | 1.68% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 1.64% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 1.45% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 1.42% |
| MTSI | MACOM Technology Solutions Holdings Inc | Technology | Semiconductors | 1.25% |
| KYG3730V1059 | FTAI AVIATION LTD | 1.12% | ||
| MKSI | MKS Instruments Inc | Technology | Scientific & Technical Instruments | 1.11% |
| BE | Bloom Energy Corp | Industrials | Electrical Equipment & Parts | 1.09% |
| RKLB | Rocket Lab USA Inc. | Industrials | Aerospace & Defense | 1.06% |
| ATI | Allegheny Technologies Incorporated | Industrials | Metal Fabrication | 1.02% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 1.02% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.01% |
| FIX | Comfort Systems USA Inc | Industrials | Engineering & Construction | 0.99% |
| RTX | Raytheon Technologies Corp | Industrials | Aerospace & Defense | 0.99% |
| TRGP | Targa Resources Inc | Energy | Oil & Gas Midstream | 0.97% |
| GLW | Corning Incorporated | Technology | Electronic Components | 0.96% |
| AMAT | Applied Materials Inc | Technology | Semiconductor Equipment & Materials | 0.96% |