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 600 Mid 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 |
|---|---|---|---|---|
| LITE | Lumentum Holdings Inc | Technology | Communication Equipment | 0.81% |
| CORT | Corcept Therapeutics Incorporated | Healthcare | Biotechnology | 0.65% |
| GH | Guardant Health Inc | Healthcare | Diagnostics & Research | 0.60% |
| VRT | Vertiv Holdings Co | Industrials | Electrical Equipment & Parts | 0.59% |
| APP | Applovin Corp | Technology | Software - Application | 0.58% |
| KTOS | Kratos Defense & Security Solutions | Industrials | Aerospace & Defense | 0.56% |
| CIEN | Ciena Corp | Technology | Communication Equipment | 0.54% |
| RKLB | Rocket Lab USA Inc. | Industrials | Aerospace & Defense | 0.53% |
| M | Macy’s Inc | Consumer Cyclical | Department Stores | 0.52% |
| CRDO | Credo Technology Group Holding Ltd | Technology | Semiconductors | 0.52% |
| HL | Hecla Mining Company | Basic Materials | Other Precious Metals & Mining | 0.51% |
| TLNE | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 0.51% |
| NFE | New Fortress Energy LLC | Utilities | Utilities - Regulated Gas | 0.51% |
| SFM | Sprouts Farmers Market LLC | Consumer Defensive | Grocery Stores | 0.50% |
| DDS | Dillard's, Inc. | Consumer Cyclical | Department Stores | 0.49% |
| CNXC | Concentrix Corporation | Technology | Information Technology Services | 0.49% |
| TTMI | TTM Technologies Inc | Technology | Electronic Components | 0.49% |
| AA | Alcoa Corp | Basic Materials | Aluminum | 0.48% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 0.48% |
| BE | Bloom Energy Corp | Industrials | Electrical Equipment & Parts | 0.47% |