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 |
|---|---|---|---|---|
| AIG | American International Group Inc | Financial Services | Insurance - Diversified | 1.79% |
| SOFI | SoFi Technologies Inc. | Financial Services | Credit Services | 1.78% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 1.76% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 1.73% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 1.72% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 1.71% |
| HOOD | Robinhood Markets Inc | Financial Services | Capital Markets | 1.69% |
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 1.69% |
| UNM | Unum Group | Financial Services | Insurance - Life | 1.68% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.66% |
| FRHC | Freedom Holding Corp | Financial Services | Financial Conglomerates | 1.65% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 1.64% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 1.63% |
| KMPR | Kemper Corporation | Financial Services | Insurance - Property & Casualty | 1.61% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 1.61% |
| NRZ | New Residential Investment Corp | Financial | Mortgage Real Estate Investment Trusts (REITs) | 1.60% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 1.59% |
| NU | Nu Holdings Ltd | Financial Services | Banks - Regional | 1.58% |
| BHF | Brighthouse Financial Inc | Financial Services | Insurance - Life | 1.53% |
| JEF | Jefferies Financial Group Inc | Financial Services | Capital Markets | 1.51% |