NYSE ARCA | ETF
The fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.86% |
| LPLA | LPL Financial Holdings Inc | Financial Services | Capital Markets | 1.84% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 1.78% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 1.74% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 1.70% |
| SOFI | SoFi Technologies Inc. | Financial Services | Credit Services | 1.70% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 1.68% |
| LAZ | Lazard Ltd | Financial Services | Capital Markets | 1.66% |
| OWL | Blue Owl Capital Inc | Financial Services | Asset Management | 1.66% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 1.62% |
| APO | Apollo Global Management LLC Class A | Financial Services | Asset Management | 1.59% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 1.54% |
| CINF | Cincinnati Financial Corporation | Financial Services | Insurance - Property & Casualty | 1.54% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 1.53% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 1.53% |
| TPG | TPG Inc | Financial Services | Asset Management | 1.52% |
| EQH | Axa Equitable Holdings Inc | Financial Services | Asset Management | 1.51% |
| WTM | White Mountains Insurance Group Ltd | Financial Services | Insurance - Property & Casualty | 1.51% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 1.50% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 1.49% |