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 |
|---|---|---|---|---|
| JEF | Jefferies Financial Group Inc | Financial Services | Capital Markets | 1.81% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.79% |
| KKR | KKR & Co LP | Financial Services | Asset Management | 1.76% |
| JHG | Janus Henderson Group PLC | Financial Services | Asset Management | 1.76% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 1.75% |
| TPG | TPG Inc | Financial Services | Asset Management | 1.74% |
| WTM | White Mountains Insurance Group Ltd | Financial Services | Insurance - Property & Casualty | 1.69% |
| CINF | Cincinnati Financial Corporation | Financial Services | Insurance - Property & Casualty | 1.69% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 1.65% |
| BEN | Franklin Resources Inc | Financial Services | Asset Management | 1.64% |
| ALL | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 1.59% |
| AMG | Affiliated Managers Group Inc | Financial Services | Asset Management | 1.57% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 1.53% |
| WBS | Webster Financial Corporation | Financial Services | Banks - Regional | 1.50% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 1.46% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 1.45% |
| BPOP | Popular Inc | Financial Services | Banks - Regional | 1.44% |
| EG | Everest Group Ltd | Financial Services | Insurance - Reinsurance | 1.44% |
| IVZ | Invesco Plc | Financial Services | Asset Management | 1.41% |
| UNM | Unum Group | Financial Services | Insurance - Life | 1.41% |