HWAY is a passively managed exchange-traded fund designed to provide exposure to a broad spectrum of U.S. infrastructure companies. It targets U.S.-domiciled businesses that generate at least 50% of their revenue from activities essential to infrastructure development and maintenance, including the provision of building materials, specialized equipment, logistics, construction, and engineering services. The initial screening process involves establishing a universe of U.S.-headquartered securities of various market capitalizations, which must also satisfy specific market-cap and liquidity thresholds. Only one share class is included per company. To identify companies truly aligned with the infrastructure theme, the fund utilizes the FactSet RBICS industry classification system. This includes sectors such as Transportation Infrastructure Construction, Transportation Operators, Telecommunication Infrastructure, Water and Energy Infrastructure, Infrastructure Materials and Components, general Infrastructure Construction, and Construction Machinery. Ultimately, the fund selects the top 100 securities by market capitalization from this filtered pool, ensuring that no single holding accounts for more than 4.5% of the portfolio. The portfolio undergoes rebalancing semi-annually.

Caterpillar Inc.

Quanta Services, Inc.

CSX Corporation

Union Pacific Corporation

Emerson Electric Co.

Parker-Hannifin Corporation

Deere & Company

CRH plc

Comfort Systems USA, Inc.

United Rentals, Inc.

Industrials

Basic Materials

Consumer Cyclical

Cash & Others

Technology

Energy

Utilities

Consumer Defensive

Themes US Infrastructure ETF

HWAY Holdings & Sector Breakdown

HWAY Holdings & Sector Breakdown