Description

This passively managed exchange-traded fund aims to closely track the overall performance, including both price appreciation and income generation, of the NASDAQ AlphaDEX Germany Index, before factoring in its own operating expenses. The underlying Index itself features a distinctive modified equal-weighting scheme. It utilizes a proprietary AlphaDEX stock selection methodology, which objectively identifies and picks companies from the broader NASDAQ German Index based on a combination of fundamental growth and value characteristics. The strategic goal of this selection process is to achieve superior returns when compared to traditional passive benchmarks.