NYSE ARCA | 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 a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the materials and processing 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 |
|---|---|---|---|---|
| AA | Alcoa Corp | Basic Materials | Aluminum | 6.40% |
| AU | AngloGold Ashanti plc | Basic Materials | Gold | 5.37% |
| TKR | Timken Company | Industrials | Tools & Accessories | 5.25% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 4.99% |
| X | United States Steel Corporation | Basic Materials | Steel | 4.67% |
| EMN | Eastman Chemical Company | Basic Materials | Specialty Chemicals | 4.53% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 4.51% |
| NUE | Nucor Corp | Basic Materials | Steel | 4.45% |
| MLI | Mueller Industries Inc | Industrials | Metal Fabrication | 4.19% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 4.08% |
| RS | Reliance Steel & Aluminum Co | Basic Materials | Steel | 3.79% |
| SSRM | SSR Mining Inc | Basic Materials | Gold | 3.73% |
| NEU | NewMarket Corporation | Basic Materials | Specialty Chemicals | 3.46% |
| WLK | Westlake Chemical Corporation | Basic Materials | Specialty Chemicals | 3.32% |
| MOS | The Mosaic Company | Basic Materials | Agricultural Inputs | 3.23% |
| CRS | Carpenter Technology Corporation | Industrials | Metal Fabrication | 3.12% |
| OLN | Olin Corporation | Basic Materials | Chemicals | 3.04% |
| FCX | Freeport-McMoran Copper & Gold Inc | Basic Materials | Copper | 2.85% |
| CC | Chemours Co | Basic Materials | Specialty Chemicals | 2.73% |
| AVY | Avery Dennison Corp | Consumer Cyclical | Packaging & Containers | 2.69% |