| Item | Value |
|---|---|
| Ticker (pseudo) | FDEE |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | DelCOL factor (Energy only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2022-03-25 |
| Number of holdings (long leg) | 27 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | OXY | OCCIDENTAL PETROLEUM CORP | Energy | 24.05% | $24,048,740 | HYP-OXY |
| 2 | MPLX | MPLX LP | Energy | 23.61% | $23,609,434 | HYP-MPLX |
| 3 | EQT | EQT CORP | Energy | 13.49% | $13,489,170 | HYP-EQT |
| 4 | VNOM | VIPER ENERGY INC | Energy | 6.08% | $6,081,466 | HYP-VNOM |
| 5 | RRC | RANGE RESOURCES CORP | Energy | 4.95% | $4,952,622 | HYP-RRC |
| 6 | NFG | NATIONAL FUEL GAS CO | Energy | 2.99% | $2,988,574 | HYP-NFG |
| 7 | NE | NOBLE CORP PLC | Energy | 2.80% | $2,799,829 | HYP-NE |
| 8 | WFRD | WEATHERFORD INTERNATIONAL PLC | Energy | 2.55% | $2,552,110 | HYP-WFRD |
| 9 | RIG | TRANSOCEAN LTD | Energy | 2.45% | $2,447,133 | HYP-RIG |
| 10 | CNX | CNX RESOURCES CORP | Energy | 2.14% | $2,141,591 | HYP-CNX |
| 11 | AROC | ARCHROCK INC | Energy | 1.96% | $1,956,347 | HYP-AROC |
| 12 | DK | DELEK US HOLDINGS INC | Energy | 1.71% | $1,707,721 | HYP-DK |
| 13 | HESM | HESS MIDSTREAM LP | Energy | 1.62% | $1,616,458 | HYP-HESM |
| 14 | HP | HELMERICH & PAYNE INC | Energy | 1.53% | $1,528,202 | HYP-HP |
| 15 | OII | OCEANEERING INTERNATIONAL INC | Energy | 1.42% | $1,424,172 | HYP-OII |
| 16 | ARLP | ALLIANCE RESOURCE PARTNERS LP | Energy | 1.34% | $1,338,963 | HYP-ARLP |
| 17 | LEU | CENTRUS ENERGY CORP | Energy | 0.88% | $882,442 | HYP-LEU |
| 18 | LPG | DORIAN LPG LTD | Energy | 0.85% | $845,747 | HYP-LPG |
| 19 | NRP | NATURAL RESOURCE PARTNERS LP | Energy | 0.68% | $678,254 | HYP-NRP |
| 20 | XPRO | EXPRO GROUP HOLDINGS NV | Energy | 0.61% | $613,636 | HYP-XPRO |
| 21 | NBR | NABORS INDUSTRIES LTD | Energy | 0.52% | $520,850 | HYP-NBR |
| 22 | RES | RPC INC | Energy | 0.51% | $512,819 | HYP-RES |
| 23 | VTOL | BRISTOW GROUP INC | Energy | 0.49% | $487,614 | HYP-VTOL |
| 24 | TXO | TXO PARTNERS LP | Energy | 0.32% | $319,915 | HYP-TXO |
| 25 | SMC | SUMMIT MIDSTREAM CORP | Energy | 0.18% | $176,431 | HYP-SMC |
| 26 | NGS | NATURAL GAS SERVICES GROUP INC | Energy | 0.15% | $154,727 | HYP-NGS |
| 27 | PNRG | PRIMEENERGY RESOURCES CORP | Energy | 0.13% | $125,034 | HYP-PNRG |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.