| Item | Value |
|---|---|
| Ticker (pseudo) | FCAE |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Cash factor (Energy only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2020-04-21 |
| Number of holdings (long leg) | 28 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | MPC | MARATHON PETROLEUM CORP | Energy | 26.33% | $26,333,165 | HYP-MPC |
| 2 | VLO | VALERO ENERGY CORP | Energy | 24.50% | $24,495,658 | HYP-VLO |
| 3 | EOG | EOG RESOURCES INC | Energy | 18.90% | $18,901,333 | HYP-EOG |
| 4 | FTI | TECHNIPFMC PLC | Energy | 5.91% | $5,913,359 | HYP-FTI |
| 5 | TPL | TEXAS PACIFIC LAND CORP | Energy | 4.54% | $4,543,240 | HYP-TPL |
| 6 | DINO | HF SINCLAIR CORP | Energy | 4.10% | $4,100,800 | HYP-DINO |
| 7 | PBF | PBF ENERGY INC | Energy | 2.02% | $2,016,761 | HYP-PBF |
| 8 | NFG | NATIONAL FUEL GAS CO | Energy | 1.70% | $1,699,929 | HYP-NFG |
| 9 | WFRD | WEATHERFORD INTERNATIONAL PLC | Energy | 1.45% | $1,451,664 | HYP-WFRD |
| 10 | WHD | CACTUS INC | Energy | 1.16% | $1,159,851 | HYP-WHD |
| 11 | DK | DELEK US HOLDINGS INC | Energy | 0.97% | $971,368 | HYP-DK |
| 12 | CVI | CVR ENERGY INC | Energy | 0.97% | $966,964 | HYP-CVI |
| 13 | TDW | TIDEWATER INC | Energy | 0.91% | $905,846 | HYP-TDW |
| 14 | PARR | PAR PACIFIC HOLDINGS INC | Energy | 0.84% | $844,963 | HYP-PARR |
| 15 | OII | OCEANEERING INTERNATIONAL INC | Energy | 0.81% | $810,082 | HYP-OII |
| 16 | UEC | URANIUM ENERGY CORP | Energy | 0.79% | $789,444 | HYP-UEC |
| 17 | LEU | CENTRUS ENERGY CORP | Energy | 0.50% | $501,941 | HYP-LEU |
| 18 | BKV | BKV CORP | Energy | 0.49% | $487,488 | HYP-BKV |
| 19 | LPG | DORIAN LPG LTD | Energy | 0.48% | $481,069 | HYP-LPG |
| 20 | INVX | INNOVEX INTERNATIONAL INC | Energy | 0.41% | $411,237 | HYP-INVX |
| 21 | DMLP | DORCHESTER MINERALS LP | Energy | 0.34% | $335,619 | HYP-DMLP |
| 22 | PBT | PERMIAN BASIN ROYALTY TRUST | Energy | 0.33% | $331,051 | HYP-PBT |
| 23 | NBR | NABORS INDUSTRIES LTD | Energy | 0.30% | $296,264 | HYP-NBR |
| 24 | RES | RPC INC | Energy | 0.29% | $291,696 | HYP-RES |
| 25 | HOS | HORNBECK OFFSHORE SERVICES INC | Energy | 0.29% | $289,635 | HYP-HOS |
| 26 | TBN | TAMBORAN RESOURCES CORP | Energy | 0.24% | $235,381 | HYP-TBN |
| 27 | TTI | TETRA TECHNOLOGIES INC | Energy | 0.22% | $221,489 | HYP-TTI |
| 28 | PUMP | PROPETRO HOLDING CORP | Energy | 0.21% | $212,705 | HYP-PUMP |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.