Skip to content
etf.net

TOS

GradeCChicago Board Options Exchange

Twin Oak Strategic Solutions ETF

Active Equity · Twin Oak · Inception 2026-01-27

$30.66+0.00 (+0.00%)

As of Sep 23, 2026, 9:46 AM EDT

History starts Jan 29, 2026.History starts Jan 29, 2026.
Intraday session: flat, 2 prints from 30.66 to 30.66. Range 30.24 to 30.66. Use the arrow keys to read each point.$30.20$30.40$30.6010 AM12 PM2 PM4 PM
Expense ratio
0.36%
Fund size
$159M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$30.45
52W range
low $23.67high $31.32

The ETF.net TOS Grade

C

46/ 100

Rank 67 of 127 in US Active Equity⁠

Confidence Medium

Six-pillar profile for TOS. Scores out of 100: Cost 79, Risk 30, Mission not scored, Tradability 10, Holdings 27, Durability 42. Strongest: Cost (79). Weakest: Tradability (10). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 46 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 79
    Category rank27/127 · top 21%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 30
    Category rank104/126 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 10
    Category rank118/127 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 27
    Category rank115/124 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 42
    Category rank88/127 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on TOS

ETF.net Research

CA go-anywhere US stock picker with no index leash: the mandate lets the managers roam from mega-caps down to small caps in search of total return. Young, small and boutique-priced, so you're paying for the manager rather than the market.

Stated mandate

The Fund seeks total return through active management of domestic equity securities across all market capitalizations.

Why people hold it

  1. 01Genuinely unconstrained mandate: total return from US stocks across all market capitalizations, so the managers can shift between giants and small caps as they see fit.
  2. 02Structurally simple. A plain equity fund with no structural flags in its filings, so results ride on stock selection rather than derivatives machinery or a complex wrapper.
  3. 03All-domestic by contract: US equities only, so no currency swings or foreign-market plumbing to untangle when you look under the hood.

Worth knowing

  1. 01Priced at the boutique end: 0.76% a year, while the group's cheapest core rivals (DFAC, AVLC) charge a small fraction of that for broad US equity exposure.
  2. 02Launched in 2026, so there's only about a year of risk history and no full-cycle record to judge the managers on.
  3. 03Thinly traded, which tends to mean wider bid-ask spreads and more price impact on big orders than the category's household names.

TOS Holdings

As of Sep 20, 2026, 9:29 AM
Asset class
Stocks
Holdings
—
Top-10 weight
74%
Largest holding
ASML9.9%

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ASMLASML Holding NV9.89%9,248$16M199
002NVDANVIDIA Corp9.68%68,438$15M828
003DISVDimensional International Small Cap Value ETF8.75%312,558$14M1
004TSMTaiwan Semiconductor Manufacturing Co Ltd8.66%31,310$14M268
005—SK hynix Inc8.52%10,006$13M6
006COHRCoherent Corp7.57%37,457$12M341
007UNPUnion Pacific Corp5.92%33,302$9M401
008AVDVAvantis International Small Cap Value ETF5.71%80,734$9M13
009AMZNAmazon.com Inc5.04%31,218$8M720
010CEGConstellation Energy Corp4.61%28,434$7M353
011LRCXLam Research Corp4.23%23,044$7M591
012LYVLive Nation Entertainment Inc4.06%38,209$6M246
013KOCoca-Cola Co/The3.64%64,720$6M457
014DFJWisdomTree Japan SmallCap Dividend Fund3.50%47,281$5M2
015GEWCambria Global EW ETF2.36%66,646$4M1

Showing 1–15 of 22 holdings

TOS Performance

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

TOS$9,942
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. TOS $9,942. SPY $10,415. Use the arrow keys to read each point.$8,333$9,470$10,607Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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 TOS. Periods over one year show the average yearly return.
PeriodTOS
Year to dateFund launched this year—
1 month+2.4%
3 months−0.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 TOS
YearReturn barTOS
2026 YTD+22.0%

History from Jan 29, 2026

TOS in the news

ETF.net Research hasn’t filed on TOS yet — coverage lands here as it’s written.

TOS 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 Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

TOS Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jan 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 Jan 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 Jan 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.
1.07
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.

TOS Cost

Expense ratio0.36%
  • The middle half of US Active Equity funds
  • Median 0.70%

25 of the 124 US Active Equity funds charge less.

TOS costs $36.00 a year on $10,000. The median US Active Equity fund costs $70.00.