Description: The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the parent index) that appear to be undervalued by the market relative to their fundamental value.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Large Value
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 91.97 | 0.00 | 91.97 |
| Stock non-US | 4.55 | 0.00 | 4.55 |
| Cash | 3.48 | 0.00 | 3.48 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 17.27 | 19.73 |
| Healthcare | 13.44 | 17.24 |
| Industrials | 11.46 | 10.79 |
| Technology | 10.40 | 10.32 |
| Consumer Cyclicals | 8.46 | 6.51 |
| Consumer Defensive | 8.25 | 8.51 |
| Energy | 8.23 | 8.97 |
| Basic Materials | 5.92 | 3.38 |
| Communication Services | 5.91 | 6.23 |
| Utilities | 5.80 | 5.21 |
| Real Estate | 4.86 | 3.11 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 95.28 | 95.19 |
| Europe Developed | 4.72 | 2.56 |
| Japan | 0.00 | 0.11 |
| Australasia | 0.00 | 0.01 |
| Asia Emerging | 0.00 | 0.05 |
| Latin America | 0.00 | 0.04 |
| Asia Developed | 0.00 | 0.29 |
| United Kingdom | 0.00 | 1.75 |