NYSE ARCA | ETF
The fund will invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the financial services sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NRZ | New Residential Investment Corp | Financial | Mortgage Real Estate Investment Trusts (REITs) | 1.83% |
| IVZ | Invesco Plc | Financial Services | Asset Management | 1.81% |
| NU | Nu Holdings Ltd | Financial Services | Banks - Regional | 1.80% |
| FAF | First American Corporation | Financial Services | Insurance - Specialty | 1.75% |
| SEIC | SEI Investments Company | Financial Services | Asset Management | 1.73% |
| TROW | T. Rowe Price Group Inc | Financial Services | Asset Management | 1.72% |
| BK | The Bank of New York Mellon Corporation | Financial Services | Banks - Diversified | 1.70% |
| RITM | Rithm Capital Corp. | Real Estate | REIT - Mortgage | 1.68% |
| OZK | Bank Ozk | Financial Services | Banks - Regional | 1.67% |
| BHF | Brighthouse Financial Inc | Financial Services | Insurance - Life | 1.65% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 1.63% |
| RNR | Renaissancere Holdings Ltd | Financial Services | Insurance - Reinsurance | 1.63% |
| ACGL | Arch Capital Group Ltd | Financial Services | Insurance - Diversified | 1.62% |
| AXS | AXIS Capital Holdings Ltd | Financial Services | Insurance - Specialty | 1.60% |
| TPG | TPG Inc | Financial Services | Asset Management | 1.58% |
| KMPR | Kemper Corporation | Financial Services | Insurance - Property & Casualty | 1.58% |
| ALL | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 1.56% |
| AGO | Assured Guaranty Ltd | Financial Services | Insurance - Specialty | 1.55% |
| LNC | Lincoln National Corporation | Financial Services | Insurance - Life | 1.54% |
| MTG | MGIC Investment Corp | Financial Services | Insurance - Specialty | 1.51% |