---
ticker: "TSPX"
name: "Manager Directed Portfolios - Twin Oak Active Opportunities ETF"
url: "https://etf.net/etf/TSPX"
grade: "B"
score: 67
graded_at: "2026-10-12"
category: "Tactical Allocation"
category_rank: "7 of 46"
methodology: "https://etf.net/methodology"
---

# TSPX: Manager Directed Portfolios - Twin Oak Active Opportunities ETF

Grade **B**, Score 67 of 100. Rank 7 of 46 in Tactical Allocation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 82 | 9 of 46 |
| Mission | Not scored | — |
| Risk | 67 | 9 of 46 |
| Tradability | 61 | 14 of 46 |
| Holdings | 35 | 38 of 43 |
| Durability | 67 | 14 of 46 |

## Top holdings

The fund holds 4 positions. These are the largest 4, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | VOO | Vanguard S&P 500 ETF | 83.47% |
| 2 | JPST | JPMorgan Ultra-Short Income ETF | 8.50% |
| 3 | ICSH | iShares Ultra Short Duration Bond Active ETF | 7.62% |
| 4 | — | U.S. Bank Money Market Deposit Account 08/01/2031 | 0.42% |

Source: etf.net, https://etf.net/etf/TSPX. Please cite the page URL.