NYSE ARCA | ETF
The index seeks to create a passively managed proxy for deep value investing by using propriety investment screens to identify 200 stocks from a universe of potential investment candidates of the cheapest quintile of the top 1,000U. S. stocks by market capitalization, based on one year forward median analyst projected PE ratio, per FactSet.
The fund's adviser attempts to replicate the index by investing all of the fund's assets in the stocks that make up the index, holding stock of each company in the index in approximately the same proportion as its weighting in the index.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| VST | Vistra Energy Corp | Utilities | Utilities - Independent Power Producers | 0.81% |
| APP | Applovin Corp | Technology | Software - Application | 0.76% |
| THC | Tenet Healthcare Corporation | Healthcare | Medical Care Facilities | 0.69% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 0.65% |
| DELL | Dell Technologies Inc | Technology | Computer Hardware | 0.65% |
| EXPE | Expedia Group Inc. | Consumer Cyclical | Travel Services | 0.64% |
| ALSN | Allison Transmission Holdings Inc | Consumer Cyclical | Auto Parts | 0.64% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 0.63% |
| PBF | PBF Energy Inc | Energy | Oil & Gas Refining & Marketing | 0.62% |
| CROX | Crocs Inc | Consumer Cyclical | Footwear & Accessories | 0.62% |
| AMKR | Amkor Technology Inc | Technology | Semiconductor Equipment & Materials | 0.62% |
| YZ8 | Permian Resources Corporation | Energy | Oil & Gas E&P | 0.62% |
| DKS | Dick’s Sporting Goods Inc | Consumer Cyclical | Specialty Retail | 0.61% |
| BBWI | Bath & Body Works Inc. | Consumer Cyclical | Specialty Retail | 0.61% |
| NRG | NRG Energy Inc. | Utilities | Utilities - Independent Power Producers | 0.61% |
| MPC | Marathon Petroleum Corp | Energy | Oil & Gas Refining & Marketing | 0.60% |
| OVV | Ovintiv Inc | Energy | Oil & Gas E&P | 0.60% |
| PR | Permian Resources Corporation | Energy | Oil & Gas E&P | 0.60% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 0.60% |
| WES | Western Midstream Partners LP | Energy | Oil & Gas Midstream | 0.60% |