| Item | Value |
|---|---|
| Ticker (pseudo) | FCHH |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | ChEQ factor (Healthcare only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2022-06-20 |
| Number of holdings (long leg) | 75 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | MRK | MERCK & CO INC | Healthcare | 40.49% | $40,486,369 | HYP-MRK |
| 2 | GILD | GILEAD SCIENCES INC | Healthcare | 23.28% | $23,280,876 | HYP-GILD |
| 3 | MRNA | MODERNA INC | Healthcare | 10.46% | $10,461,574 | HYP-MRNA |
| 4 | ZTS | ZOETIS INC | Healthcare | 3.77% | $3,767,142 | HYP-ZTS |
| 5 | INSM | INSMED INC | Healthcare | 2.89% | $2,894,780 | HYP-INSM |
| 6 | VTRS | VIATRIS INC | Healthcare | 2.65% | $2,648,354 | HYP-VTRS |
| 7 | EXEL | EXELIXIS INC | Healthcare | 1.90% | $1,904,548 | HYP-EXEL |
| 8 | BAX | BAXTER INTERNATIONAL INC | Healthcare | 1.49% | $1,488,227 | HYP-BAX |
| 9 | PCVX | VAXCYTE INC | Healthcare | 1.14% | $1,144,448 | HYP-PCVX |
| 10 | RYTM | RHYTHM PHARMACEUTICALS INC | Healthcare | 0.85% | $851,228 | HYP-RYTM |
| 11 | CHE | CHEMED CORP | Healthcare | 0.80% | $800,277 | HYP-CHE |
| 12 | DOCS | DOXIMITY INC | Healthcare | 0.66% | $661,966 | HYP-DOCS |
| 13 | SRRK | SCHOLAR ROCK HOLDING CORP | Healthcare | 0.59% | $588,485 | HYP-SRRK |
| 14 | TVTX | TRAVERE THERAPEUTICS INC | Healthcare | 0.55% | $553,135 | HYP-TVTX |
| 15 | ADPT | ADAPTIVE BIOTECHNOLOGIES CORP | Healthcare | 0.53% | $533,321 | HYP-ADPT |
| 16 | IONS | IONIS PHARMACEUTICALS INC | Healthcare | 0.51% | $508,309 | HYP-IONS |
| 17 | CRSP | CRISPR THERAPEUTICS AG | Healthcare | 0.46% | $462,030 | HYP-CRSP |
| 18 | TARS | TARSUS PHARMACEUTICALS INC | Healthcare | 0.42% | $423,686 | HYP-TARS |
| 19 | VKTX | VIKING THERAPEUTICS INC | Healthcare | 0.39% | $393,064 | HYP-VKTX |
| 20 | ACHC | ACADIA HEALTHCARE COMPANY INC | Healthcare | 0.39% | $392,841 | HYP-ACHC |
| 21 | XNCR | XENCOR INC | Healthcare | 0.32% | $319,773 | HYP-XNCR |
| 22 | PGNY | PROGYNY INC | Healthcare | 0.30% | $301,076 | HYP-PGNY |
| 23 | RCUS | ARCUS BIOSCIENCES INC | Healthcare | 0.29% | $285,955 | HYP-RCUS |
| 24 | PRGO | PERRIGO CO PLC | Healthcare | 0.25% | $250,986 | HYP-PRGO |
| 25 | VERA | VERA THERAPEUTICS INC | Healthcare | 0.23% | $234,647 | HYP-VERA |
| 26 | REPL | REPLIMUNE GROUP INC | Healthcare | 0.23% | $232,870 | HYP-REPL |
| 27 | MRVI | MARAVAI LIFESCIENCES HOLDINGS INC | Healthcare | 0.22% | $223,103 | HYP-MRVI |
| 28 | AZTA | AZENTA INC | Healthcare | 0.21% | $214,732 | HYP-AZTA |
| 29 | AGIO | AGIOS PHARMACEUTICALS INC | Healthcare | 0.21% | $212,296 | HYP-AGIO |
| 30 | ZYME | ZYMEWORKS INC | Healthcare | 0.20% | $204,204 | HYP-ZYME |
| 31 | BFLY | BUTTERFLY NETWORK INC | Healthcare | 0.20% | $199,376 | HYP-BFLY |
| 32 | ENOV | ENOVIS CORP | Healthcare | 0.18% | $178,221 | HYP-ENOV |
| 33 | WGS | GENEDX HOLDINGS CORP | Healthcare | 0.17% | $173,750 | HYP-WGS |
| 34 | RAPP | RAPPORT THERAPEUTICS INC | Healthcare | 0.17% | $171,258 | HYP-RAPP |
| 35 | NTLA | INTELLIA THERAPEUTICS INC | Healthcare | 0.17% | $165,491 | HYP-NTLA |
| 36 | USPH | U S PHYSICAL THERAPY INC | Healthcare | 0.16% | $164,497 | HYP-USPH |
| 37 | MLYS | MINERALYS THERAPEUTICS INC | Healthcare | 0.15% | $153,399 | HYP-MLYS |
| 38 | PRCT | PROCEPT BIOROBOTICS CORP | Healthcare | 0.15% | $151,175 | HYP-PRCT |
| 39 | DRTS | ALPHA TAU MEDICAL LTD | Healthcare | 0.14% | $137,865 | HYP-DRTS |
| 40 | AHCO | ADAPTHEALTH CORP | Healthcare | 0.12% | $120,084 | HYP-AHCO |
| 41 | HROW | HARROW INC | Healthcare | 0.12% | $118,709 | HYP-HROW |
| 42 | CBLL | CERIBELL INC | Healthcare | 0.11% | $114,362 | HYP-CBLL |
| 43 | QDEL | QUIDELORTHO CORP | Healthcare | 0.08% | $81,438 | HYP-QDEL |
| 44 | CTKB | CYTEK BIOSCIENCES INC | Healthcare | 0.08% | $80,678 | HYP-CTKB |
| 45 | FLGT | FULGENT GENETICS INC | Healthcare | 0.08% | $77,594 | HYP-FLGT |
| 46 | KURA | KURA ONCOLOGY INC | Healthcare | 0.08% | $76,297 | HYP-KURA |
| 47 | DNA | GINKGO BIOWORKS HOLDINGS INC | Healthcare | 0.07% | $74,118 | HYP-DNA |
| 48 | CGEM | CULLINAN THERAPEUTICS INC | Healthcare | 0.07% | $73,928 | HYP-CGEM |
| 49 | SGHT | SIGHT SCIENCES INC | Healthcare | 0.07% | $68,262 | HYP-SGHT |
| 50 | MYGN | MYRIAD GENETICS INC | Healthcare | 0.06% | $60,886 | HYP-MYGN |
| 51 | TKNO | ALPHA TEKNOVA INC | Healthcare | 0.06% | $58,315 | HYP-TKNO |
| 52 | DMAC | DIAMEDICA THERAPEUTICS INC | Healthcare | 0.06% | $56,225 | HYP-DMAC |
| 53 | OBIO | ORCHESTRA BIOMED HOLDINGS INC | Healthcare | 0.05% | $54,091 | HYP-OBIO |
| 54 | CARL | CARLSMED INC | Healthcare | 0.05% | $52,985 | HYP-CARL |
| 55 | ARVN | ARVINAS INC | Healthcare | 0.05% | $50,280 | HYP-ARVN |
| 56 | SI | SHOULDER INNOVATIONS INC | Healthcare | 0.05% | $49,285 | HYP-SI |
| 57 | PRTA | PROTHENA CORP PUBLIC LTD CO | Healthcare | 0.05% | $47,229 | HYP-PRTA |
| 58 | TECX | TECTONIC THERAPEUTIC INC | Healthcare | 0.05% | $46,905 | HYP-TECX |
| 59 | NPCE | NEUROPACE INC | Healthcare | 0.05% | $46,111 | HYP-NPCE |
| 60 | LYEL | LYELL IMMUNOPHARMA INC | Healthcare | 0.04% | $42,971 | HYP-LYEL |
| 61 | TMCI | TREACE MEDICAL CONCEPTS INC | Healthcare | 0.04% | $39,127 | HYP-TMCI |
| 62 | PEPG | PEPGEN INC | Healthcare | 0.04% | $39,015 | HYP-PEPG |
| 63 | CV | CAPSOVISION INC | Healthcare | 0.04% | $35,070 | HYP-CV |
| 64 | EBS | EMERGENT BIOSOLUTIONS INC | Healthcare | 0.03% | $33,840 | HYP-EBS |
| 65 | ARCT | ARCTURUS THERAPEUTICS HOLDINGS INC | Healthcare | 0.03% | $27,191 | HYP-ARCT |
| 66 | AMWL | AMERICAN WELL CORP | Healthcare | 0.02% | $23,156 | HYP-AMWL |
| 67 | TRDA | ENTRADA THERAPEUTICS INC | Healthcare | 0.02% | $22,620 | HYP-TRDA |
| 68 | KROS | KEROS THERAPEUTICS INC | Healthcare | 0.02% | $22,106 | HYP-KROS |
| 69 | KRRO | KORRO BIO INC | Healthcare | 0.02% | $21,949 | HYP-KRRO |
| 70 | INGN | INOGEN INC | Healthcare | 0.02% | $16,328 | HYP-INGN |
| 71 | CUE | CUE BIOPHARMA INC | Healthcare | 0.01% | $14,204 | HYP-CUE |
| 72 | CPIX | CUMBERLAND PHARMACEUTICALS INC | Healthcare | 0.01% | $11,098 | HYP-CPIX |
| 73 | JYNT | JOINT CORP | Healthcare | 0.01% | $10,237 | HYP-JYNT |
| 74 | NTRB | NUTRIBAND INC | Healthcare | 0.01% | $8,114 | HYP-NTRB |
| 75 | YARW | YARROW BIOSCIENCE INC | Healthcare | 0.01% | $5,856 | HYP-YARW |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.