ETF profile
Torray Equity Income Fund - Twin Oak Endure ETF logo

Torray Equity Income Fund - Twin Oak Endure ETF (SPYA)

ETF overview

SPYA seeks total return through an actively managed US total market equity exposure with a hedge strategy. It gains exposure directly through US equity securities and ETFs or synthetically via derivatives. The fund uses both bottom-up and top-down approaches to construct the portfolio. The bottom-up approach, driven by the fund advisers fundamental research, focuses on individual securities or asset classes, while the top-down approach manages the overall portfolio characteristics and risks. The fund adviser also seeks to implement a hedging strategy utilizing option contracts, swaps, and other derivatives. In addition, the fund may invest its assets in cash and cash equivalents, or money market instruments for temporary defensive purposes in response to adverse market conditions. During such periods, the fund may invest in the Twin Oak Short Horizon Absolute Return for any purpose.

CountryUnited States of America
ExchangeCBOE
Trades inUSD
Current price
30.84 USD+0.62%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.54%
Fund assets
134.8M USD (all share classes)
Issuer
Twin Oak
Inception date
Jun 2, 2025
Number of holdings
9

Breakdown

Holdings (9)

NameTickerWeight
Vanguard S&P 500 ETFVOO37.30%
Twin Oak Short Horizon Absolute Return ETFTOAK33.99%
STATE STREET SPDR S&P 500 ETF SWAP GS27.41%
State Street SPDR S&P 500 ETF TrustSPY18.34%
United States Treasury Bill 12/03/20267.06%
SPDR S&P 500 ETF SWAP NOMURA0.87%
GS Finance Corp 0% 03/11/20310.77%
Citigroup Global Markets Holdings Inc/United States 0% 01/30/20310.76%
SPY 11/30/2026 785 C0.26%

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Torray Equity Income Fund - Twin Oak Endure ETF (SPYA)

SPYA · CBOE
30.84 USD+0.62%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.54%
Fund assets
134.8M USD (all share classes)
Issuer
Twin Oak
Inception date
Jun 2, 2025
Number of holdings
9
Breakdown
Holdings (9)
NameTickerWeight
Vanguard S&P 500 ETFVOO37.30%
Twin Oak Short Horizon Absolute Return ETFTOAK33.99%
STATE STREET SPDR S&P 500 ETF SWAP GS27.41%
State Street SPDR S&P 500 ETF TrustSPY18.34%
United States Treasury Bill 12/03/20267.06%
SPDR S&P 500 ETF SWAP NOMURA0.87%
GS Finance Corp 0% 03/11/20310.77%
Citigroup Global Markets Holdings Inc/United States 0% 01/30/20310.76%
SPY 11/30/2026 785 C0.26%
ETF overview

SPYA seeks total return through an actively managed US total market equity exposure with a hedge strategy. It gains exposure directly through US equity securities and ETFs or synthetically via derivatives. The fund uses both bottom-up and top-down approaches to construct the portfolio. The bottom-up approach, driven by the fund advisers fundamental research, focuses on individual securities or asset classes, while the top-down approach manages the overall portfolio characteristics and risks. The fund adviser also seeks to implement a hedging strategy utilizing option contracts, swaps, and other derivatives. In addition, the fund may invest its assets in cash and cash equivalents, or money market instruments for temporary defensive purposes in response to adverse market conditions. During such periods, the fund may invest in the Twin Oak Short Horizon Absolute Return for any purpose.

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

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