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Launched · SEC filings

The RBB Fund Trust - Twin Oak Active Opportunities III ETF

TOAOCboeB

$27.840.00 (0.00%)

As of Oct 13, 2026, 9:46 AM

B63/ 100

Rank 12 of 46 in Tactical Allocation

B63/100Rank 12 of 46inTactical Allocation
Intraday session: flat, 1 prints from 27.84 to 27.84. Range 27.84 to 27.84. Use the arrow keys to read each point.27.0027.5028.5010 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$454M
1Y total return
—
Yield · Last 12 months
—
Holdings
40
Avg volume · 30D
0M sh
NAV per share
$27.84
52W range
low $25.06high $28.01
Launched
Filings
SEC EDGAR

The ETF.net TOAO Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Category
Tactical Allocation⁠
Rank
12 of 46
Six-pillar profile for TOAO. Scores out of 100: Cost 84, Risk 80, Mission not scored, Tradability 3, Holdings 70, Durability 61. Strongest: Cost (84). Weakest: Tradability (3). Based on 5 of 6 pillars.

Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A84 out of 100
    Rank 8 of 46

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A80 out of 100
    Rank 3 of 46

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F3 out of 100
    Rank 46 of 46

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A70 out of 100
    Rank 13 of 43

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B61 out of 100
    Rank 21 of 46

TOAO Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
40
Top-10 weight
62%
Largest holding
CRWD10.2%

Sectors

  • Technology56.4%
  • Financials11.8%
  • Industrials11.5%
  • Consumer Discretionary9.8%
  • Communication8.8%
  • Health Care1.2%
  • Consumer Staples0.2%
  • Utilities0.1%
  • Materials0.0%
  • Energy0.0%

Geography

  • United States71.25%
  • Netherlands9.74%
  • Canada4.90%
  • France4.15%
  • Taiwan (Province of China)3.89%
  • Uruguay3.35%
  • Brazil2.71%

Developed 65% · Emerging 35% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CRWDCrowdstrike Holdings Inc10.22%168,596$46M472
002AMZNAmazon.com Inc7.21%124,595$33M736
003ASMLASML Holding NV6.37%16,226$29M203
004NVDANVIDIA Corp6.32%125,048$29M847
005MSFTMicrosoft Corp5.71%48,437$26M815
006NETCloudflare Inc5.50%69,177$25M275
007AVGOBroadcom Inc5.49%68,836$25M754
008SHOPShopify Inc5.36%142,255$24M131
009AMDAdvanced Micro Devices Inc5.07%37,832$23M635
010GOOGAlphabet Inc4.80%62,586$22M478
011SAF.PASafran SA4.54%58,151$21M155
012AIR.PAAirbus Group SE4.29%92,593$19M133
013TSMTaiwan Semiconductor Manufacturing Co Ltd4.26%42,593$19M277
014METAMeta Platforms Inc4.24%26,769$19M704
015MELIMercadoLibre Inc3.67%8,803$17M222

Showing 1–15 of 40 holdings

TOAO Performance

Launched Apr 24, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
TOAO$10,334
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. TOAO $10,334. SPY $10,332. Use the arrow keys to read each point.$9,563$10,011$10,459Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TOAO. Periods over one year show the average yearly return.
PeriodTOAO
Year to dateFund launched this year—
1 month+2.3%
3 months+3.3%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TOAO
YearReturn barTOAO
2026 YTD+10.0%

Since listing, Apr 24, 2026

TOAO in the news

Filtered to TOAO · Tactical Allocation

TOAO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Apr 2026. No distributions yet.

TOAO Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.22
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TOAO Cost

Expense ratio0.35%
  • The middle half of Tactical Allocation funds
  • Median 0.91%

7 of the 46 Tactical Allocation funds charge less.

TOAO costs $35.00 a year on $10,000. The median Tactical Allocation fund costs $90.50.

Other funds in Tactical Allocation

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