NASDAQ | ETF
The investment seeks investment results that correspond generally to the price and yield (before the fund&!39;s fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index.
The index is designed to track the overall performance of the 50 stocks with the highest dividend yield comprising the NASDAQ US Large Mid Index that still maintain high levels of "relative strength." It is non-diversified.
Top 15 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| INFY | Infosys Ltd ADR | Technology | Information Technology Services | 7.81% |
| CHL | China Mobile Limited | Communication Services | Telecom Services | 4.09% |
| BKE | Buckle Inc | Consumer Cyclical | Apparel Retail | 4.03% |
| ERIE | Erie Indemnity Company | Financial Services | Insurance Brokers | 3.99% |
| MSM | MSC Industrial Direct Company Inc | Industrials | Industrial Distribution | 3.99% |
| FAST | Fastenal Company | Industrials | Industrial Distribution | 3.96% |
| NNN | National Retail Properties Inc | Real Estate | REIT - Retail | 3.93% |
| CBRL | Cracker Barrel Old Country Store | Consumer Cyclical | Restaurants | 3.88% |
| MCD | McDonald’s Corporation | Consumer Cyclical | Restaurants | 3.83% |
| WSO | Watsco Inc | Industrials | Industrial Distribution | 3.62% |
| NVO | Novo Nordisk A/S | Healthcare | Biotechnology | 3.59% |
| PFS | Provident Financial Services Inc | Financial Services | Banks - Regional | 3.45% |
| TRST | TrustCo Bank Corp NY | Financial Services | Banks - Regional | 3.15% |
| ES | Eversource Energy | Utilities | Utilities - Regulated Electric | 2.92% |
| SWX | Southwest Gas Holdings Inc | Utilities | Utilities - Regulated Gas | 2.90% |