| Item | Value |
|---|---|
| Ticker (pseudo) | FOPH |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | OPLev factor (Healthcare only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2019-11-04 |
| Number of holdings (long leg) | 86 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | UNH | UNITEDHEALTH GROUP INC | Healthcare | 27.71% | $27,706,605 | HYP-UNH |
| 2 | MCK | MCKESSON CORP | Healthcare | 9.49% | $9,491,282 | HYP-MCK |
| 3 | CVS | CVS HEALTH CORP | Healthcare | 8.77% | $8,768,586 | HYP-CVS |
| 4 | ELV | ELEVANCE HEALTH INC | Healthcare | 7.09% | $7,089,301 | HYP-ELV |
| 5 | CI | CIGNA GROUP | Healthcare | 5.96% | $5,958,576 | HYP-CI |
| 6 | COR | CENCORA INC | Healthcare | 5.09% | $5,088,717 | HYP-COR |
| 7 | CAH | CARDINAL HEALTH INC | Healthcare | 4.91% | $4,906,840 | HYP-CAH |
| 8 | IDXX | IDEXX LABORATORIES INC | Healthcare | 4.20% | $4,197,478 | HYP-IDXX |
| 9 | HUM | HUMANA INC | Healthcare | 4.07% | $4,067,191 | HYP-HUM |
| 10 | NTRA | NATERA INC | Healthcare | 3.57% | $3,574,158 | HYP-NTRA |
| 11 | CNC | CENTENE CORP | Healthcare | 2.66% | $2,655,244 | HYP-CNC |
| 12 | GH | GUARDANT HEALTH INC | Healthcare | 1.60% | $1,599,051 | HYP-GH |
| 13 | MEDP | MEDPACE HOLDINGS INC | Healthcare | 1.40% | $1,402,322 | HYP-MEDP |
| 14 | BTSG | BRIGHTSPRING HEALTH SERVICES INC | Healthcare | 1.09% | $1,085,159 | HYP-BTSG |
| 15 | UHS | UNIVERSAL HEALTH SERVICES INC | Healthcare | 0.85% | $852,961 | HYP-UHS |
| 16 | MOH | MOLINA HEALTHCARE INC | Healthcare | 0.84% | $836,085 | HYP-MOH |
| 17 | ENSG | ENSIGN GROUP INC | Healthcare | 0.83% | $830,666 | HYP-ENSG |
| 18 | OSCR | OSCAR HEALTH INC | Healthcare | 0.76% | $757,401 | HYP-OSCR |
| 19 | MDGL | MADRIGAL PHARMACEUTICALS INC | Healthcare | 0.75% | $753,898 | HYP-MDGL |
| 20 | HSIC | HENRY SCHEIN INC | Healthcare | 0.73% | $726,757 | HYP-HSIC |
| 21 | PACS | PACS GROUP INC | Healthcare | 0.58% | $581,502 | HYP-PACS |
| 22 | AXSM | AXSOME THERAPEUTICS INC | Healthcare | 0.58% | $579,609 | HYP-AXSM |
| 23 | TWST | TWIST BIOSCIENCE CORP | Healthcare | 0.55% | $546,674 | HYP-TWST |
| 24 | CHE | CHEMED CORP | Healthcare | 0.55% | $546,552 | HYP-CHE |
| 25 | OPCH | OPTION CARE HEALTH INC | Healthcare | 0.36% | $362,218 | HYP-OPCH |
| 26 | TARS | TARSUS PHARMACEUTICALS INC | Healthcare | 0.29% | $289,358 | HYP-TARS |
| 27 | WRBY | WARBY PARKER INC | Healthcare | 0.25% | $253,622 | HYP-WRBY |
| 28 | GRDN | GUARDIAN PHARMACY SERVICES INC | Healthcare | 0.24% | $238,777 | HYP-GRDN |
| 29 | PRVA | PRIVIA HEALTH GROUP INC | Healthcare | 0.23% | $230,831 | HYP-PRVA |
| 30 | PGNY | PROGYNY INC | Healthcare | 0.21% | $205,621 | HYP-PGNY |
| 31 | AVAH | AVEANNA HEALTHCARE HOLDINGS INC | Healthcare | 0.20% | $203,866 | HYP-AVAH |
| 32 | ARDT | ARDENT HEALTH INC | Healthcare | 0.19% | $190,188 | HYP-ARDT |
| 33 | MD | PEDIATRIX MEDICAL GROUP INC | Healthcare | 0.19% | $187,234 | HYP-MD |
| 34 | UFPT | UFP TECHNOLOGIES INC | Healthcare | 0.18% | $180,884 | HYP-UFPT |
| 35 | ADUS | ADDUS HOMECARE CORP | Healthcare | 0.18% | $175,953 | HYP-ADUS |
| 36 | FTRE | FORTREA HOLDINGS INC | Healthcare | 0.15% | $147,751 | HYP-FTRE |
| 37 | AGL | AGILON HEALTH INC | Healthcare | 0.14% | $141,401 | HYP-AGL |
| 38 | ASTH | ASTRANA HEALTH INC | Healthcare | 0.14% | $135,310 | HYP-ASTH |
| 39 | INSP | INSPIRE MEDICAL SYSTEMS INC | Healthcare | 0.13% | $133,845 | HYP-INSP |
| 40 | HCSG | HEALTHCARE SERVICES GROUP INC | Healthcare | 0.13% | $128,769 | HYP-HCSG |
| 41 | ALHC | ALIGNMENT HEALTHCARE INC | Healthcare | 0.12% | $119,793 | HYP-ALHC |
| 42 | WGS | GENEDX HOLDINGS CORP | Healthcare | 0.12% | $118,663 | HYP-WGS |
| 43 | AMN | AMN HEALTHCARE SERVICES INC | Healthcare | 0.11% | $110,138 | HYP-AMN |
| 44 | PAHC | PHIBRO ANIMAL HEALTH CORP | Healthcare | 0.11% | $109,886 | HYP-PAHC |
| 45 | NVCR | NOVOCURE LTD | Healthcare | 0.10% | $104,589 | HYP-NVCR |
| 46 | PRCT | PROCEPT BIOROBOTICS CORP | Healthcare | 0.10% | $103,246 | HYP-PRCT |
| 47 | URGN | UROGEN PHARMA LTD | Healthcare | 0.10% | $98,796 | HYP-URGN |
| 48 | INNV | INNOVAGE HOLDING CORP | Healthcare | 0.10% | $97,903 | HYP-INNV |
| 49 | PNTG | PENNANT GROUP INC | Healthcare | 0.10% | $96,292 | HYP-PNTG |
| 50 | TNDM | TANDEM DIABETES CARE INC | Healthcare | 0.09% | $93,277 | HYP-TNDM |
| 51 | ATEC | ALPHATEC HOLDINGS INC | Healthcare | 0.08% | $83,599 | HYP-ATEC |
| 52 | SIBN | SI-BONE INC | Healthcare | 0.08% | $83,119 | HYP-SIBN |
| 53 | CBLL | CERIBELL INC | Healthcare | 0.08% | $78,104 | HYP-CBLL |
| 54 | BVS | BIOVENTUS INC | Healthcare | 0.07% | $69,846 | HYP-BVS |
| 55 | OMDA | OMADA HEALTH INC | Healthcare | 0.07% | $69,609 | HYP-OMDA |
| 56 | SGHT | SIGHT SCIENCES INC | Healthcare | 0.05% | $46,620 | HYP-SGHT |
| 57 | TCMD | TACTILE SYSTEMS TECHNOLOGY INC | Healthcare | 0.05% | $45,856 | HYP-TCMD |
| 58 | NRC | NRC HEALTH | Healthcare | 0.04% | $43,147 | HYP-NRC |
| 59 | SENS | SENSEONICS HOLDINGS INC | Healthcare | 0.04% | $41,979 | HYP-SENS |
| 60 | MYGN | MYRIAD GENETICS INC | Healthcare | 0.04% | $41,582 | HYP-MYGN |
| 61 | SRTA | STRATA CRITICAL MEDICAL INC | Healthcare | 0.04% | $39,338 | HYP-SRTA |
| 62 | RCEL | AVITA MEDICAL INC | Healthcare | 0.04% | $38,850 | HYP-RCEL |
| 63 | PHAT | PHATHOM PHARMACEUTICALS INC | Healthcare | 0.04% | $38,651 | HYP-PHAT |
| 64 | ANGO | ANGIODYNAMICS INC | Healthcare | 0.04% | $38,468 | HYP-ANGO |
| 65 | EOLS | EVOLUS INC | Healthcare | 0.04% | $36,270 | HYP-EOLS |
| 66 | CARL | CARLSMED INC | Healthcare | 0.04% | $36,186 | HYP-CARL |
| 67 | NPCE | NEUROPACE INC | Healthcare | 0.03% | $31,492 | HYP-NPCE |
| 68 | FENC | FENNEC PHARMACEUTICALS INC | Healthcare | 0.03% | $29,172 | HYP-FENC |
| 69 | TMCI | TREACE MEDICAL CONCEPTS INC | Healthcare | 0.03% | $26,722 | HYP-TMCI |
| 70 | VMD | VIEMED HEALTHCARE INC | Healthcare | 0.03% | $26,348 | HYP-VMD |
| 71 | CV | CAPSOVISION INC | Healthcare | 0.02% | $23,951 | HYP-CV |
| 72 | SMTI | SANARA MEDTECH INC | Healthcare | 0.02% | $22,821 | HYP-SMTI |
| 73 | INFU | INFUSYSTEM HOLDINGS INC | Healthcare | 0.02% | $22,615 | HYP-INFU |
| 74 | OFIX | ORTHOFIX MEDICAL INC | Healthcare | 0.02% | $21,593 | HYP-OFIX |
| 75 | PDEX | PRO DEX INC | Healthcare | 0.02% | $16,463 | HYP-PDEX |
| 76 | ELMD | ELECTROMED INC | Healthcare | 0.02% | $15,578 | HYP-ELMD |
| 77 | INGN | INOGEN INC | Healthcare | 0.01% | $11,151 | HYP-INGN |
| 78 | CUE | CUE BIOPHARMA INC | Healthcare | 0.01% | $9,701 | HYP-CUE |
| 79 | BDSX | BIODESIX INC | Healthcare | 0.01% | $8,289 | HYP-BDSX |
| 80 | PARK | PARK DENTAL PARTNERS INC | Healthcare | 0.01% | $7,694 | HYP-PARK |
| 81 | JYNT | JOINT CORP | Healthcare | 0.01% | $6,991 | HYP-JYNT |
| 82 | NRXS | NEURAXIS INC | Healthcare | 0.01% | $6,228 | HYP-NRXS |
| 83 | ATRA | ATARA BIOTHERAPEUTICS INC | Healthcare | 0.01% | $6,167 | HYP-ATRA |
| 84 | NTRB | NUTRIBAND INC | Healthcare | 0.01% | $5,541 | HYP-NTRB |
| 85 | GOSS | GOSSAMER BIO INC | Healthcare | 0.01% | $5,244 | HYP-GOSS |
| 86 | POCI | PRECISION OPTICS CORPORATION INC | Healthcare | 0.00% | $4,190 | HYP-POCI |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.