NASDAQ | ETF
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq US Small Mid Cap Select Leaders Core Index.
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities ofU. S. companies with small- to medium-market capitalizations that compose the index at the time of purchase.
The index uses a quantitative model designed to identify equity securities of companies in the Nasdaq US Small Cap Index and Nasdaq US Mid Cap Index that exhibit potential for high degrees of value, quality growth and strong momentum, while adjusting for liquidity and volatility.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SPR | Spirit Aerosystems Holdings Inc | Industrials | Aerospace & Defense | 0.61% |
| IVZ | Invesco Plc | Financial Services | Asset Management | 0.60% |
| M | Macy’s Inc | Consumer Cyclical | Department Stores | 0.59% |
| EXPE | Expedia Group Inc. | Consumer Cyclical | Travel Services | 0.58% |
| NCLH | Norwegian Cruise Line Holdings Ltd | Consumer Cyclical | Travel Services | 0.57% |
| FFIV | F5 Networks Inc | Technology | Software - Infrastructure | 0.56% |
| MGM | MGM Resorts International | Consumer Cyclical | Resorts & Casinos | 0.55% |
| FHN | First Horizon National Corporation | Financial Services | Banks - Regional | 0.55% |
| AXTA | Axalta Coating Systems Ltd | Basic Materials | Specialty Chemicals | 0.55% |
| CMA | Comerica Inc | Financial Services | Banks - Regional | 0.54% |
| KSS | Kohls Corp | Consumer Cyclical | Department Stores | 0.54% |
| DVA | DaVita HealthCare Partners Inc | Healthcare | Medical Care Facilities | 0.54% |
| MTB | M&T Bank Corporation | Financial Services | Banks - Regional | 0.54% |
| ZION | Zions Bancorporation | Financial Services | Banks - Regional | 0.53% |
| EMN | Eastman Chemical Company | Basic Materials | Specialty Chemicals | 0.53% |
| EHC | Encompass Health Corp | Healthcare | Medical Care Facilities | 0.53% |
| ATH | Athene Holding Ltd | Financial Services | Insurance - Diversified | 0.53% |
| CCK | Crown Holdings Inc | Consumer Cyclical | Packaging & Containers | 0.52% |
| ENTG | Entegris Inc | Technology | Semiconductor Equipment & Materials | 0.52% |
| WDC | Western Digital Corporation | Technology | Computer Hardware | 0.52% |