Fund
| Item | Value |
|---|---|
| Ticker (pseudo) | FENE |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | Enterprise Multiple factor (Energy only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date | 2019-01-13 |
| Number of holdings (long leg) | 24 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | July 2026 |
Holdings as of July 2026 (24 positions, cap-weighted; market values illustrative on a hypothetical $100,000,000 portfolio)
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | EQT | EQT CORP | Energy | 17.11% | $17,112,616 | HYP-EQT |
| 2 | DVN | DEVON ENERGY CORP | Energy | 15.04% | $15,035,444 | HYP-DVN |
| 3 | EXE | EXPAND ENERGY CORP | Energy | 11.64% | $11,638,834 | HYP-EXE |
| 4 | PR | PERMIAN RESOURCES CORP | Energy | 9.34% | $9,341,451 | HYP-PR |
| 5 | DINO | HF SINCLAIR CORP | Energy | 8.82% | $8,816,458 | HYP-DINO |
| 6 | APA | APA CORP | Energy | 6.87% | $6,872,494 | HYP-APA |
| 7 | PBF | PBF ENERGY INC | Energy | 4.10% | $4,098,312 | HYP-PBF |
| 8 | CHRD | CHORD ENERGY CORP | Energy | 3.98% | $3,981,279 | HYP-CHRD |
| 9 | MTDR | MATADOR RESOURCES CO | Energy | 3.69% | $3,688,089 | HYP-MTDR |
| 10 | MUR | MURPHY OIL CORP | Energy | 2.91% | $2,914,566 | HYP-MUR |
| 11 | MGY | MAGNOLIA OIL & GAS CORP | Energy | 2.78% | $2,783,235 | HYP-MGY |
| 12 | CNX | CNX RESOURCES CORP | Energy | 2.60% | $2,599,239 | HYP-CNX |
| 13 | CRK | COMSTOCK RESOURCES INC | Energy | 2.16% | $2,162,849 | HYP-CRK |
| 14 | PARR | PAR PACIFIC HOLDINGS INC | Energy | 2.11% | $2,110,737 | HYP-PARR |
| 15 | PTEN | PATTERSON UTI ENERGY INC | Energy | 2.10% | $2,099,861 | HYP-PTEN |
| 16 | GPOR | GULFPORT ENERGY CORP | Energy | 1.52% | $1,516,849 | HYP-GPOR |
| 17 | RES | RPC INC | Energy | 0.72% | $723,121 | HYP-RES |
| 18 | NBR | NABORS INDUSTRIES LTD | Energy | 0.69% | $685,196 | HYP-NBR |
| 19 | HPK | HIGHPEAK ENERGY INC | Energy | 0.51% | $513,731 | HYP-HPK |
| 20 | REPX | RILEY EXPLORATION PERMIAN INC | Energy | 0.42% | $419,221 | HYP-REPX |
| 21 | SD | SANDRIDGE ENERGY INC | Energy | 0.28% | $277,788 | HYP-SD |
| 22 | SGU | STAR GROUP LP | Energy | 0.24% | $237,268 | HYP-SGU |
| 23 | RNGR | RANGER ENERGY SERVICES INC | Energy | 0.20% | $204,753 | HYP-RNGR |
| 24 | PNRG | PRIMEENERGY RESOURCES CORP | Energy | 0.17% | $166,607 | HYP-PNRG |