NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is designed to select stocks from the NASDAQ US 500 Large Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| WDC | Western Digital Corporation | Technology | Computer Hardware | 0.81% |
| MU | Micron Technology Inc | Technology | Semiconductors | 0.64% |
| COHR | Coherent Inc | Technology | Scientific & Technical Instruments | 0.60% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 0.59% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 0.56% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 0.55% |
| REGN | Regeneron Pharmaceuticals Inc | Healthcare | Biotechnology | 0.55% |
| GM | General Motors Company | Consumer Cyclical | Auto Manufacturers | 0.54% |
| EXPE | Expedia Group Inc. | Consumer Cyclical | Travel Services | 0.54% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.54% |
| CRDO | Credo Technology Group Holding Ltd | Technology | Semiconductors | 0.54% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 0.53% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 0.53% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 0.53% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 0.53% |
| FIX | Comfort Systems USA Inc | Industrials | Engineering & Construction | 0.52% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.52% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 0.52% |
| MRK | Merck & Company Inc | Healthcare | Drug Manufacturers - General | 0.52% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 0.51% |