| Item | Value |
|---|---|
| Ticker (pseudo) | FVOH |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | VolSD factor (Healthcare only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2020-11-16 |
| Number of holdings (long leg) | 90 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | PBLS | PARABILIS MEDICINES INC | Healthcare | 7.86% | $7,855,340 | HYP-PBLS |
| 2 | ARDT | ARDENT HEALTH INC | Healthcare | 5.72% | $5,722,369 | HYP-ARDT |
| 3 | HCSG | HEALTHCARE SERVICES GROUP INC | Healthcare | 3.87% | $3,874,392 | HYP-HCSG |
| 4 | PAHC | PHIBRO ANIMAL HEALTH CORP | Healthcare | 3.31% | $3,306,243 | HYP-PAHC |
| 5 | LMRI | LUMEXA IMAGING HOLDINGS INC | Healthcare | 3.30% | $3,296,368 | HYP-LMRI |
| 6 | KRSA | KORSANA BIOSCIENCES INC | Healthcare | 3.27% | $3,271,336 | HYP-KRSA |
| 7 | INNV | INNOVAGE HOLDING CORP | Healthcare | 2.95% | $2,945,695 | HYP-INNV |
| 8 | PNTG | PENNANT GROUP INC | Healthcare | 2.90% | $2,897,239 | HYP-PNTG |
| 9 | SGP | SPYGLASS PHARMA INC | Healthcare | 2.56% | $2,559,427 | HYP-SGP |
| 10 | SPTX | SEAPORT THERAPEUTICS INC | Healthcare | 2.47% | $2,474,687 | HYP-SPTX |
| 11 | ODTX | ODYSSEY THERAPEUTICS INC | Healthcare | 2.22% | $2,218,859 | HYP-ODTX |
| 12 | BVS | BIOVENTUS INC | Healthcare | 2.10% | $2,101,509 | HYP-BVS |
| 13 | HSTM | HEALTHSTREAM INC | Healthcare | 1.99% | $1,990,130 | HYP-HSTM |
| 14 | KIDS | ORTHOPEDIATRICS CORP | Healthcare | 1.95% | $1,953,616 | HYP-KIDS |
| 15 | AURA | AURA BIOSCIENCES INC | Healthcare | 1.70% | $1,699,395 | HYP-AURA |
| 16 | CTKB | CYTEK BIOSCIENCES INC | Healthcare | 1.66% | $1,657,829 | HYP-CTKB |
| 17 | JANX | JANUX THERAPEUTICS INC | Healthcare | 1.62% | $1,615,115 | HYP-JANX |
| 18 | SGHT | SIGHT SCIENCES INC | Healthcare | 1.40% | $1,402,690 | HYP-SGHT |
| 19 | TCMD | TACTILE SYSTEMS TECHNOLOGY INC | Healthcare | 1.38% | $1,379,725 | HYP-TCMD |
| 20 | AVR | ANTERIS TECHNOLOGIES GLOBAL CORP | Healthcare | 1.31% | $1,311,979 | HYP-AVR |
| 21 | NRC | NRC HEALTH | Healthcare | 1.30% | $1,298,200 | HYP-NRC |
| 22 | SENS | SENSEONICS HOLDINGS INC | Healthcare | 1.26% | $1,263,064 | HYP-SENS |
| 23 | CBIO | CRESCENT BIOPHARMA INC | Healthcare | 1.23% | $1,225,861 | HYP-CBIO |
| 24 | RGNX | REGENXBIO INC | Healthcare | 1.22% | $1,219,431 | HYP-RGNX |
| 25 | TKNO | ALPHA TEKNOVA INC | Healthcare | 1.20% | $1,198,303 | HYP-TKNO |
| 26 | SRTA | STRATA CRITICAL MEDICAL INC | Healthcare | 1.18% | $1,183,606 | HYP-SRTA |
| 27 | RCEL | AVITA MEDICAL INC | Healthcare | 1.17% | $1,168,908 | HYP-RCEL |
| 28 | ANGO | ANGIODYNAMICS INC | Healthcare | 1.16% | $1,157,426 | HYP-ANGO |
| 29 | DMAC | DIAMEDICA THERAPEUTICS INC | Healthcare | 1.16% | $1,155,359 | HYP-DMAC |
| 30 | OBIO | ORCHESTRA BIOMED HOLDINGS INC | Healthcare | 1.11% | $1,111,496 | HYP-OBIO |
| 31 | EOLS | EVOLUS INC | Healthcare | 1.09% | $1,091,287 | HYP-EOLS |
| 32 | CARL | CARLSMED INC | Healthcare | 1.09% | $1,088,761 | HYP-CARL |
| 33 | ARVN | ARVINAS INC | Healthcare | 1.03% | $1,033,186 | HYP-ARVN |
| 34 | MOBI | MOBIA MEDICAL INC | Healthcare | 1.02% | $1,018,719 | HYP-MOBI |
| 35 | SI | SHOULDER INNOVATIONS INC | Healthcare | 1.01% | $1,012,748 | HYP-SI |
| 36 | PRTA | PROTHENA CORP PUBLIC LTD CO | Healthcare | 0.97% | $970,493 | HYP-PRTA |
| 37 | PBYI | PUMA BIOTECHNOLOGY INC | Healthcare | 0.96% | $959,240 | HYP-PBYI |
| 38 | NPCE | NEUROPACE INC | Healthcare | 0.95% | $947,528 | HYP-NPCE |
| 39 | ASMB | ASSEMBLY BIOSCIENCES INC | Healthcare | 0.94% | $943,624 | HYP-ASMB |
| 40 | MASS | 908 DEVICES INC | Healthcare | 0.93% | $934,897 | HYP-MASS |
| 41 | LYEL | LYELL IMMUNOPHARMA INC | Healthcare | 0.88% | $882,997 | HYP-LYEL |
| 42 | FENC | FENNEC PHARMACEUTICALS INC | Healthcare | 0.88% | $877,715 | HYP-FENC |
| 43 | EMBC | EMBECTA CORP | Healthcare | 0.84% | $836,608 | HYP-EMBC |
| 44 | TMCI | TREACE MEDICAL CONCEPTS INC | Healthcare | 0.80% | $803,998 | HYP-TMCI |
| 45 | VMD | VIEMED HEALTHCARE INC | Healthcare | 0.79% | $792,745 | HYP-VMD |
| 46 | EIKN | EIKON THERAPEUTICS INC | Healthcare | 0.75% | $751,408 | HYP-EIKN |
| 47 | ENTA | ENANTA PHARMACEUTICALS INC | Healthcare | 0.75% | $749,112 | HYP-ENTA |
| 48 | BNTC | BENITEC BIOPHARMA INC | Healthcare | 0.73% | $728,214 | HYP-BNTC |
| 49 | CV | CAPSOVISION INC | Healthcare | 0.72% | $720,635 | HYP-CV |
| 50 | KYTX | KYVERNA THERAPEUTICS INC | Healthcare | 0.71% | $714,435 | HYP-KYTX |
| 51 | AGEN | AGENUS INC | Healthcare | 0.71% | $713,746 | HYP-AGEN |
| 52 | TTRX | TURN THERAPEUTICS INC | Healthcare | 0.71% | $711,220 | HYP-TTRX |
| 53 | INFU | INFUSYSTEM HOLDINGS INC | Healthcare | 0.68% | $680,447 | HYP-INFU |
| 54 | OFIX | ORTHOFIX MEDICAL INC | Healthcare | 0.65% | $649,674 | HYP-OFIX |
| 55 | FTH | FAETH THERAPEUTICS INC | Healthcare | 0.63% | $631,991 | HYP-FTH |
| 56 | SPOK | SPOK HOLDINGS INC | Healthcare | 0.56% | $558,504 | HYP-SPOK |
| 57 | LFCR | LIFECORE BIOMEDICAL INC | Healthcare | 0.56% | $557,126 | HYP-LFCR |
| 58 | UTMD | UTAH MEDICAL PRODUCTS INC | Healthcare | 0.54% | $538,295 | HYP-UTMD |
| 59 | DTIL | PRECISION BIOSCIENCES INC | Healthcare | 0.52% | $515,789 | HYP-DTIL |
| 60 | GLSI | GREENWICH LIFESCIENCES INC | Healthcare | 0.52% | $515,101 | HYP-GLSI |
| 61 | PDEX | PRO DEX INC | Healthcare | 0.50% | $495,351 | HYP-PDEX |
| 62 | AMWL | AMERICAN WELL CORP | Healthcare | 0.48% | $475,831 | HYP-AMWL |
| 63 | ELMD | ELECTROMED INC | Healthcare | 0.47% | $468,712 | HYP-ELMD |
| 64 | TRDA | ENTRADA THERAPEUTICS INC | Healthcare | 0.46% | $464,808 | HYP-TRDA |
| 65 | KROS | KEROS THERAPEUTICS INC | Healthcare | 0.45% | $454,244 | HYP-KROS |
| 66 | KRRO | KORRO BIO INC | Healthcare | 0.45% | $451,029 | HYP-KRRO |
| 67 | RNAC | CARTESIAN THERAPEUTICS INC | Healthcare | 0.45% | $445,058 | HYP-RNAC |
| 68 | ACOG | ALPHA COGNITION INC | Healthcare | 0.43% | $428,064 | HYP-ACOG |
| 69 | ANIK | ANIKA THERAPEUTICS INC | Healthcare | 0.42% | $424,849 | HYP-ANIK |
| 70 | OPRX | OPTIMIZERX CORP | Healthcare | 0.38% | $383,742 | HYP-OPRX |
| 71 | STRO | SUTRO BIOPHARMA INC | Healthcare | 0.37% | $365,140 | HYP-STRO |
| 72 | INGN | INOGEN INC | Healthcare | 0.34% | $335,516 | HYP-INGN |
| 73 | SPRB | SPRUCE BIOSCIENCES INC | Healthcare | 0.28% | $283,156 | HYP-SPRB |
| 74 | BDSX | BIODESIX INC | Healthcare | 0.25% | $249,398 | HYP-BDSX |
| 75 | IMUX | IMMUNIC INC | Healthcare | 0.24% | $244,116 | HYP-IMUX |
| 76 | PARK | PARK DENTAL PARTNERS INC | Healthcare | 0.23% | $231,485 | HYP-PARK |
| 77 | CPIX | CUMBERLAND PHARMACEUTICALS INC | Healthcare | 0.23% | $228,040 | HYP-CPIX |
| 78 | ICCC | IMMUCELL CORP | Healthcare | 0.21% | $213,113 | HYP-ICCC |
| 79 | JYNT | JOINT CORP | Healthcare | 0.21% | $210,358 | HYP-JYNT |
| 80 | RLYB | RALLYBIO CORP | Healthcare | 0.19% | $193,593 | HYP-RLYB |
| 81 | VTVT | VTV THERAPEUTICS INC | Healthcare | 0.19% | $190,608 | HYP-VTVT |
| 82 | NRXS | NEURAXIS INC | Healthcare | 0.19% | $187,393 | HYP-NRXS |
| 83 | ATRA | ATARA BIOTHERAPEUTICS INC | Healthcare | 0.19% | $185,556 | HYP-ATRA |
| 84 | NTRB | NUTRIBAND INC | Healthcare | 0.17% | $166,724 | HYP-NTRB |
| 85 | GOSS | GOSSAMER BIO INC | Healthcare | 0.16% | $157,768 | HYP-GOSS |
| 86 | XLO | XILIO THERAPEUTICS INC | Healthcare | 0.13% | $133,655 | HYP-XLO |
| 87 | POCI | PRECISION OPTICS CORPORATION INC | Healthcare | 0.13% | $126,077 | HYP-POCI |
| 88 | COCH | ENVOY MEDICAL INC | Healthcare | 0.12% | $121,025 | HYP-COCH |
| 89 | YARW | YARROW BIOSCIENCE INC | Healthcare | 0.12% | $120,336 | HYP-YARW |
| 90 | ELOX | ELOXX PHARMACEUTICALS INC | Healthcare | 0.12% | $119,417 | HYP-ELOX |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.