NQDXUSMCVT Nasdaq AlphaDEX Mid Cap Value Total Return Index

This is the total return version of NQDXUSMCV. The Index ranks the eligible stocks from the NASDAQ US 600 Mid Cap Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets. All stocks are ranked on the sum of ranks for the growth factors and, separately, all stocks are ranked on the sum of ranks for the value factors. A stock must have data for all growth and/or value factors to receive a rank for that style. Each stock receives either its growth or value score as its selection score based on its style designation as determined by Nasdaq. The top 225 stocks based on the selection score determined in the previous step comprise the “selected stocks”. The selected stocks are divided into quintiles based on their rankings and the top ranked quintiles receive a higher weight within the index. The stocks are equally-weighted within each quintile.

9,915.28
As of 05/04/2020


Index Information
Provider:     NASDAQ OMX
Category1:  US Equity
Category2:  Broad market
Category3:  Mid cap
Currency:    USD
Inception date:  01/11/2016
Backtesting data exists:   Yes
Weighting methodology:   Value score
Number of holdings:  225
Total return version:  NQDXUSMCV


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