| Item | Value |
|---|---|
| Ticker (pseudo) | FCAI |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Cash factor (Industrials only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2021-12-23 |
| Number of holdings (long leg) | 82 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | Industrials | 76.42% | $76,417,134 | HYP-SPCX |
| 2 | VRT | VERTIV HOLDINGS CO | Industrials | 3.25% | $3,245,774 | HYP-VRT |
| 3 | BE | BLOOM ENERGY CORP | Industrials | 2.40% | $2,400,512 | HYP-BE |
| 4 | RKLB | ROCKET LAB CORP | Industrials | 1.63% | $1,628,176 | HYP-RKLB |
| 5 | FIX | COMFORT SYSTEMS USA INC | Industrials | 1.59% | $1,586,907 | HYP-FIX |
| 6 | UAL | UNITED AIRLINES HOLDINGS INC | Industrials | 1.45% | $1,453,307 | HYP-UAL |
| 7 | CPRT | COPART INC | Industrials | 1.19% | $1,191,688 | HYP-CPRT |
| 8 | VLTO | VERALTO CORP | Industrials | 1.15% | $1,148,617 | HYP-VLTO |
| 9 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | Industrials | 1.02% | $1,015,785 | HYP-EXPD |
| 10 | AXON | AXON ENTERPRISE INC | Industrials | 1.01% | $1,005,560 | HYP-AXON |
| 11 | SYM | SYMBOTIC INC | Industrials | 0.86% | $861,831 | HYP-SYM |
| 12 | SNA | SNAP-ON INC | Industrials | 0.76% | $763,000 | HYP-SNA |
| 13 | ULS | UL SOLUTIONS INC | Industrials | 0.66% | $662,037 | HYP-ULS |
| 14 | MAIR | MADISON AIR SOLUTIONS CORP | Industrials | 0.57% | $565,613 | HYP-MAIR |
| 15 | MLI | MUELLER INDUSTRIES INC | Industrials | 0.48% | $480,637 | HYP-MLI |
| 16 | AEIS | ADVANCED ENERGY INDUSTRIES INC | Industrials | 0.37% | $372,389 | HYP-AEIS |
| 17 | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | Industrials | 0.26% | $263,062 | HYP-KTOS |
| 18 | FLR | FLUOR CORP | Industrials | 0.26% | $255,230 | HYP-FLR |
| 19 | DLB | DOLBY LABORATORIES INC | Industrials | 0.24% | $243,264 | HYP-DLB |
| 20 | BETA | BETA TECHNOLOGIES INC | Industrials | 0.24% | $237,699 | HYP-BETA |
| 21 | JOBY | JOBY AVIATION INC | Industrials | 0.22% | $218,287 | HYP-JOBY |
| 22 | TPC | TUTOR PERINI CORP | Industrials | 0.21% | $212,070 | HYP-TPC |
| 23 | POWL | POWELL INDUSTRIES INC | Industrials | 0.21% | $207,676 | HYP-POWL |
| 24 | PL | PLANET LABS PBC | Industrials | 0.20% | $203,353 | HYP-PL |
| 25 | LSTR | LANDSTAR SYSTEM INC | Industrials | 0.20% | $200,623 | HYP-LSTR |
| 26 | BCO | BRINKS CO | Industrials | 0.19% | $193,776 | HYP-BCO |
| 27 | AGX | ARGAN INC | Industrials | 0.18% | $177,889 | HYP-AGX |
| 28 | FLY | FIREFLY AEROSPACE INC | Industrials | 0.17% | $174,789 | HYP-FLY |
| 29 | KFY | KORN FERRY | Industrials | 0.17% | $166,173 | HYP-KFY |
| 30 | EXPO | EXPONENT INC | Industrials | 0.16% | $164,854 | HYP-EXPO |
| 31 | MWA | MUELLER WATER PRODUCTS INC | Industrials | 0.15% | $150,725 | HYP-MWA |
| 32 | XE | X-ENERGY INC | Industrials | 0.13% | $130,146 | HYP-XE |
| 33 | TNET | TRINET GROUP INC | Industrials | 0.12% | $120,351 | HYP-TNET |
| 34 | LUNR | INTUITIVE MACHINES INC | Industrials | 0.12% | $119,937 | HYP-LUNR |
| 35 | ACCV | ACCELEVATION HOLDINGS CORP | Industrials | 0.11% | $109,793 | HYP-ACCV |
| 36 | CXW | CORECIVIC INC | Industrials | 0.11% | $109,487 | HYP-CXW |
| 37 | EPAC | ENERPAC TOOL GROUP CORP | Industrials | 0.08% | $81,052 | HYP-EPAC |
| 38 | RDW | REDWIRE CORP | Industrials | 0.08% | $80,790 | HYP-RDW |
| 39 | NSP | INSPERITY INC | Industrials | 0.08% | $76,343 | HYP-NSP |
| 40 | GIC | GLOBAL INDUSTRIAL CO | Industrials | 0.07% | $72,234 | HYP-GIC |
| 41 | VOYG | VOYAGER TECHNOLOGIES INC | Industrials | 0.07% | $69,387 | HYP-VOYG |
| 42 | LYNX | LYNTRIS INC | Industrials | 0.07% | $66,529 | HYP-LYNX |
| 43 | PRLB | PROTO LABS INC | Industrials | 0.07% | $65,853 | HYP-PRLB |
| 44 | AVEX | AEVEX CORP | Industrials | 0.06% | $63,095 | HYP-AVEX |
| 45 | HAWK | HAWKEYE 360 INC | Industrials | 0.06% | $57,787 | HYP-HAWK |
| 46 | ARLO | ARLO TECHNOLOGIES INC | Industrials | 0.05% | $51,149 | HYP-ARLO |
| 47 | UPWK | UPWORK INC | Industrials | 0.05% | $49,866 | HYP-UPWK |
| 48 | LIME | NEUTRON HOLDINGS INC | Industrials | 0.05% | $49,617 | HYP-LIME |
| 49 | AMPX | AMPRIUS TECHNOLOGIES INC | Industrials | 0.05% | $49,046 | HYP-AMPX |
| 50 | AMSC | AMERICAN SUPERCONDUCTOR CORP | Industrials | 0.05% | $48,785 | HYP-AMSC |
| 51 | LNN | LINDSAY CORP | Industrials | 0.04% | $44,185 | HYP-LNN |
| 52 | NSSC | NAPCO SECURITY TECHNOLOGIES INC | Industrials | 0.04% | $43,634 | HYP-NSSC |
| 53 | CYRX | CRYOPORT INC | Industrials | 0.04% | $40,976 | HYP-CYRX |
| 54 | GHM | GRAHAM CORP | Industrials | 0.04% | $40,566 | HYP-GHM |
| 55 | PSIX | POWER SOLUTIONS INTERNATIONAL INC | Industrials | 0.04% | $36,557 | HYP-PSIX |
| 56 | YSS | YORK SPACE SYSTEMS INC | Industrials | 0.04% | $36,453 | HYP-YSS |
| 57 | KODK | EASTMAN KODAK CO | Industrials | 0.03% | $33,530 | HYP-KODK |
| 58 | FCEL | FUELCELL ENERGY INC | Industrials | 0.03% | $32,951 | HYP-FCEL |
| 59 | BBSI | BARRETT BUSINESS SERVICES INC | Industrials | 0.03% | $29,899 | HYP-BBSI |
| 60 | NVRI | ENVIRI CORP | Industrials | 0.03% | $27,490 | HYP-NVRI |
| 61 | ELMT | ELMET GROUP CO | Industrials | 0.02% | $24,644 | HYP-ELMT |
| 62 | NNE | NANO NUCLEAR ENERGY INC | Industrials | 0.02% | $23,944 | HYP-NNE |
| 63 | SBC | SBC MEDICAL GROUP HOLDINGS INC | Industrials | 0.02% | $22,082 | HYP-SBC |
| 64 | CIX | COMPX INTERNATIONAL INC | Industrials | 0.02% | $21,954 | HYP-CIX |
| 65 | PKE | PARK AEROSPACE CORP | Industrials | 0.02% | $21,881 | HYP-PKE |
| 66 | ASPN | ASPEN AEROGELS INC | Industrials | 0.02% | $20,020 | HYP-ASPN |
| 67 | BXC | BLUELINX HOLDINGS INC | Industrials | 0.02% | $19,867 | HYP-BXC |
| 68 | ZIP | ZIPRECRUITER INC | Industrials | 0.02% | $18,520 | HYP-ZIP |
| 69 | EROC | EROCK INC | Industrials | 0.02% | $16,156 | HYP-EROC |
| 70 | TBI | TRUEBLUE INC | Industrials | 0.02% | $15,138 | HYP-TBI |
| 71 | ERII | ENERGY RECOVERY INC | Industrials | 0.01% | $14,636 | HYP-ERII |
| 72 | NL | NLI HOLDINGS INC | Industrials | 0.01% | $14,274 | HYP-NL |
| 73 | CDNL | CARDINAL INFRASTRUCTURE GROUP INC | Industrials | 0.01% | $10,764 | HYP-CDNL |
| 74 | MTRX | MATRIX SERVICE CO | Industrials | 0.01% | $10,454 | HYP-MTRX |
| 75 | OFLX | OMEGA FLEX INC | Industrials | 0.01% | $9,517 | HYP-OFLX |
| 76 | RAIL | FREIGHTCAR AMERICA INC | Industrials | 0.01% | $7,016 | HYP-RAIL |
| 77 | ESP | ESPEY MFG & ELECTRONICS CORP | Industrials | 0.01% | $5,850 | HYP-ESP |
| 78 | HURC | HURCO COMPANIES INC | Industrials | 0.01% | $5,428 | HYP-HURC |
| 79 | CODA | CODA OCTOPUS GROUP INC | Industrials | 0.00% | $3,924 | HYP-CODA |
| 80 | MHH | MASTECH DIGITAL INC | Industrials | 0.00% | $3,028 | HYP-MHH |
| 81 | APT | ALPHA PRO TECH LTD | Industrials | 0.00% | $2,577 | HYP-APT |
| 82 | OPXS | OPTEX SYSTEMS HOLDINGS INC | Industrials | 0.00% | $2,400 | HYP-OPXS |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.