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 |
|---|---|---|---|---|
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 2.00% |
| MKL | Markel Corporation | Financial Services | Insurance - Property & Casualty | 1.85% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 1.78% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 1.78% |
| CINF | Cincinnati Financial Corporation | Financial Services | Insurance - Property & Casualty | 1.75% |
| EG | Everest Group Ltd | Financial Services | Insurance - Reinsurance | 1.71% |
| LPLA | LPL Financial Holdings Inc | Financial Services | Capital Markets | 1.71% |
| WTM | White Mountains Insurance Group Ltd | Financial Services | Insurance - Property & Casualty | 1.69% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 1.67% |
| LAZ | Lazard Ltd | Financial Services | Capital Markets | 1.66% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 1.65% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.63% |
| GL | Globe Life Inc | Financial Services | Insurance - Life | 1.61% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 1.61% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 1.58% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Property & Casualty | 1.57% |
| HIG | Hartford Financial Services Group | Financial Services | Insurance - Property & Casualty | 1.54% |
| UNM | Unum Group | Financial Services | Insurance - Life | 1.52% |
| EQH | Axa Equitable Holdings Inc | Financial Services | Asset Management | 1.51% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 1.49% |