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 |
|---|---|---|---|---|
| IVZ | Invesco Plc | Financial Services | Asset Management | 2.02% |
| SOFI | SoFi Technologies Inc. | Financial Services | Credit Services | 1.97% |
| LNC | Lincoln National Corporation | Financial Services | Insurance - Life | 1.81% |
| HOOD | Robinhood Markets Inc | Financial Services | Capital Markets | 1.75% |
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 1.74% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 1.72% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 1.68% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 1.67% |
| BPOP | Popular Inc | Financial Services | Banks - Regional | 1.66% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 1.63% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 1.58% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 1.58% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.56% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 1.55% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 1.52% |
| LPLA | LPL Financial Holdings Inc | Financial Services | Capital Markets | 1.48% |
| FRHC | Freedom Holding Corp | Financial Services | Financial Conglomerates | 1.48% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 1.43% |
| EQH | Axa Equitable Holdings Inc | Financial Services | Asset Management | 1.42% |
| APO | Apollo Global Management LLC Class A | Financial Services | Asset Management | 1.41% |