The Nasdaq AlphaDEX® Indexes use a proprietary, rules-based methodology designed to produce similar correlation and risk characteristics as broad market indexes while seeking outperformance. By utilizing various stock selections and weighting criteria based on growth and value factors, the Indexes offer unique smart beta characteristics for investors.
The Nasdaq AlphaDEX family currently consists of Eurozone, U.S. Total Market, Emerging Market Small Cap and Developed Market Ex-U.S. Small Cap Indexes.
Since launched by First Trust Portfolios in 2007, the AlphaDEX methodology and the products that track it have gathered continuous investor interest due to its strategic approach to enhanced passive index investing.
Nasdaq is excited to be part of this innovative approach to Smart Beta investing and will continue to grow our commitment and resources to these innovative approaches.