Twin Oak Endure ETF
ALTAR
Score™		 1.0% info Recommen-
dation		 AVOID
2025E    2026E
P/E
ratio		 57.8x P/Sales
ratio		 9.0x
P/BV
ratio		 4.8x Div.
yield		 0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Twin Oak Endure ETF seeks to provide long-term capital appreciation by investing in a diversified portfolio of high-quality, growth-oriented companies while also incorporating a tactical approach to enhance risk-adjusted returns.

FUND BASICS
Category US Equities
Fund Sponsor Twin Oak
Website twinoaketfs.com/SPYA
Inception date Jun 02, 2025
Assets (mns) $117
Currency USD
Expense ratio 80 bp
Distributions

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 2
Wgt avg mkt cap (mns) $183,223
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 0.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
VANGUARD S&P 500 ETF 54.9 %
TWIN OAK SHORT HORIZON ABSOLUTE RE 24.7 %
SPDR S&P 500 ETF TRUST SWAP CS 22.3 %
UNITED STATES TREASURY BILL 03/24/ 8.5 %
SNOWFLAKE, INC. CLASS A 7.9 %
SNOW 06/10/2026 210.95 P 1.7 %
SPDR S&P 500 ETF SWAP NOMURA 0.9 %
CITIGROUP GLOBAL MARKETS HOLDINGS 0.8 %
GS FINANCE CORP 0% 03/11/2031 0.8 %
SPY 04/17/2026 687.17 C 0.2 %
Total 122.6 %

TOP COUNTRY EXPOSURE
UNITED STATES 6.9 %










HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
-1.3% -- -- -- 10.3%

Market Correlations
versus... Beta R-squared
S&P500 -- --
MSCI EAFE -- --
MSCI Emg. Mkts. -- --

Technical Indicators
Recent close $26.61
30d moving avg. $27.00
Annualized volatility 0.0%
Short interest (ETF) 0.0%
Relative strength (RSI) 43

Liquidity measures
Avg. volume (thou.) 0
Turnover 0.0%
Bid/Ask (% of price) 0.87%
ADV underlying (mns) $0

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 177 potential alternatives to the Twin Oak Endure ETF ETF based on the alternatives' overlap in portfolio holdings with SPYA. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SPYA Expense: 80 bp ALTAR Score™: 1.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SPYA
Ticker Fund
Name		 Overlap1
vs SPYA
(%)		 Expense
ratio
(bp)		 Savings
vs SPYA
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SPYA
(%)
LRNZ TrueShares Technology, AI & Deep Learning ETF 7.2 69 11 -0.8 -1.7
WSGE Warren Street Global Equity ETF 6.1 80 0 3.1 +2.1
DAT ProShares Big Data Refiners ETF 4.3 58 22 3.7 +2.7
WISE Themes Generative Artificial Intelligence ETF 4.2 35 45 -0.4 -1.4
NBDS Neuberger Berman Disrupters ETF 4.1 55 25 1.0 0.0
RVER Trenchless Fund ETF 4.0 65 15 0.9 -0.1
WUGI AXS Esoterica NextG Economy ETF 3.8 75 5 1.9 +0.9
FCLD Fidelity Cloud Computing ETF 3.6 39 41 4.0 +3.1
DAK Dakota Active Equity ETF 3.4 43 37 4.0 +3.1
BGRO iShares Large Cap Growth Active ETF 3.4 55 25 2.2 +1.3
LOUP Innovator Deepwater Frontier Tech ETF 3.3 70 10 1.2 +0.3
CLOU Global X Cloud Computing ETF 3.2 68 12 3.0 +2.1
XDAT Franklin Exponential Data ETF 3.0 50 30 1.4 +0.4
FDN First Trust Dow Jones Internet Index Fund 2.9 52 28 3.0 +2.0
FDND FT Vest Dow Jones Internet & Target Income ETF 2.9 75 5 2.8 +1.8
IVES Wedbush ETFMG Global Cloud Technology ETF 2.7 68 12 4.6 +3.6
CLOD Themes Cloud Computing ETF 2.7 35 45 3.7 +2.8
BAI iShares AI Innovation and Tech Active ETF 2.6 55 25 1.4 +0.4
GTEK Goldman Sachs Future Tech Leaders Equity ETF 2.6 75 5 2.5 +1.5
IGPT Invesco AI and Next Gen Software ETF 2.2 60 20 3.7 +2.8
USEW Cambria US EW ETF 2.2 30 50 4.4 +3.5
LGRO Level Four Large Cap Growth Active ETF 2.1 55 25 4.1 +3.2
WTAI WisdomTree Artificial Intelligence and Innovation Fund 2.1 45 35 2.8 +1.8
TMAT Main Thematic Innovation ETF 2.1 164 -84 -2.0 -3.0
IWFG IQ Winslow Focused Large Cap Growth ETF 2.0 65 15 2.4 +1.4
OGIG ALPS O'Shares Global Internet Giants ETF 1.9 48 32 2.7 +1.8
AIVC Amplify Bloomberg AI Value Chain ETF 1.8 59 21 5.2 +4.2
MFIG Motley Fool Innovative Growth Factor ETF 1.8 50 30 3.0 +2.1
TRFK Pacer Data and Digital Revolution ETF 1.7 60 20 2.8 +1.9
ARTY iShares Future AI & Tech ETF 1.7 47 33 3.6 +2.6
CHAT Roundhill Generative AI & Technology ETF 1.6 75 5 5.7 +4.7
AGIX KraneShares Artificial Intelligence and Technology ETF 1.6 99 -19 1.6 +0.7
WCLD WisdomTree Cloud Computing Fund 1.6 45 35 1.6 +0.7
DFNV Donoghue Forlines Innovation ETF 1.3 69 11 4.4 +3.4
BLCR iShares Large Cap Core Active ETF 1.3 36 44 3.2 +2.3
FTCE First Trust New Constructs Core Earnings Leaders ETF 1.0 60 20 5.0 +4.0
QTUM Defiance Quantum ETF 1.0 40 40 4.9 +4.0
XITK State Street SPDR FactSet Innovative Technology ETF 1.0 45 35 0.2 -0.8
FDMO Fidelity Momentum Factor ETF 0.9 15 65 2.7 +1.8
DTEC ALPS Disruptive Technologies ETF 0.9 50 30 4.0 +3.0
VXF Vanguard Extended Market ETF 0.8 5 75 4.1 +3.1
FXL First Trust Technology AlphaDEX Fund 0.8 61 19 6.2 +5.3
VOT Vanguard Mid-Cap Growth ETF 0.8 7 73 3.3 +2.4
SEIM SEI Enhanced U.S. Large Cap Momentum Factor ETF 0.8 15 65 3.3 +2.3
MFMO Motley Fool Momentum Factor ETF 0.8 50 30 2.4 +1.4
RBLD First Trust Alerian US NextGen Infrastructure ETF 0.7 65 15 4.1 +3.1
VFMO Vanguard U.S. Momentum Factor ETF 0.7 13 67 1.9 +0.9
FFOG Franklin Focused Growth ETF 0.7 61 19 1.8 +0.9
GEW Cambria Global EW ETF 0.6 29 51 5.7 +4.7
TECB iShares U.S. Tech Breakthrough Multisector ETF 0.6 40 40 3.6 +2.7
AIQ Global X Artificial Intelligence & Technology ETF 0.6 68 12 3.6 +2.6
FOWF Pacer Solactive Whitney Fututre of Warfare ETF 0.6 60 20 3.4 +2.4
JGRO JPMorgan Active Growth ETF 0.6 44 36 2.6 +1.7
SKYY First Trust Cloud Computing ETF 0.5 60 20 3.4 +2.4
FCTR First Trust Lunt U.S. Factor Rotation ETF 0.5 65 15 5.0 +4.0
PTL Inspire 500 ETF 0.5 9 71 4.8 +3.8
FTC First Trust Large Cap Growth AlphaDEX Fund 0.4 59 21 2.0 +1.0
QGRW WisdomTree U.S. Quality Growth Fund 0.4 28 52 3.2 +2.3
IYW iShares U.S. Technology ETF 0.4 40 40 3.6 +2.7
FBCG Fidelity Blue Chip Growth ETF 0.4 59 21 2.5 +1.5
FTEC Fidelity MSCI Information Technology Index ETF 0.4 8 72 3.7 +2.7
JMOM JPMorgan U.S. Momentum Factor ETF 0.4 12 68 3.8 +2.8
JQUA JPMorgan U.S. Quality Factor ETF 0.4 12 68 5.4 +4.4
IGM iShares Expanded Tech Sector ETF 0.4 41 39 3.3 +2.4
TRFM AAM Transformers ETF 0.4 49 31 1.2 +0.3
CRTC Xtrackers US National Critical Technologies ETF 0.4 35 45 4.4 +3.4
GOP Unusual Whales Subversive Republican Trading ETF 0.4 50 30 4.7 +3.7
VGT Vanguard Information Technology ETF 0.3 9 71 3.7 +2.7
LRND IQ U.S. Large Cap R&D Leaders ETF 0.3 14 66 4.3 +3.4
USMV iShares MSCI USA Min Vol Factor ETF 0.3 15 65 5.3 +4.3
TMFC Motley Fool 100 Index ETF 0.3 50 30 3.3 +2.4
VO Vanguard Mid-Cap ETF 0.3 4 76 5.5 +4.6
GXPT Global X PureCap MSCI Information Technology ETF 0.3 25 55 3.9 +2.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.3 12 68 3.7 +2.8
MGK Vanguard Mega Cap Growth ETF 0.3 7 73 3.7 +2.7
JSTC Adasina Social Justice All Cap Global ETF 0.3 89 -9 4.8 +3.9
USXF iShares ESG Advanced MSCI USA ETF 0.3 10 70 4.3 +3.4
GINN Goldman Sachs Innovate Equity ETF 0.3 52 28 4.1 +3.2
IWY iShares Russell Top 200 Growth ETF 0.3 20 60 3.9 +2.9
VEGN US Vegan Climate ETF 0.2 60 20 4.3 +3.4
SCHG Schwab U.S. Large-Cap Growth ETF 0.2 4 76 3.6 +2.7
BLES Inspire Global Hope ETF 0.2 61 19 6.1 +5.1
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.2 9 71 4.7 +3.8
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.2 7 73 4.7 +3.8
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.2 64 16 1.4 +0.5
MNZL Manzil Russell Halal USA Broad MarketETF 0.2 40 40 4.3 +3.3
ILCG iShares Morningstar Growth ETF 0.2 4 76 3.4 +2.4
IWF iShares Russell 1000 Growth ETF 0.2 19 61 3.7 +2.8
VONG Vanguard Russell 1000 Growth ETF 0.2 7 73 3.9 +2.9
VUG Vanguard Growth ETF 0.2 4 76 3.7 +2.7
EUSA iShares MSCI USA Equal Weighted ETF 0.2 9 71 5.8 +4.9
RND First Trust Bloomberg R&D Leaders ETF 0.2 60 20 2.8 +1.8
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.2 8 72 4.7 +3.8
PRXG Praxis Impact Large Cap Growth ETF 0.2 36 44 3.5 +2.5
KLMN Invesco MSCI North America Climate ETF 0.2 9 71 4.7 +3.7
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.2 9 71 5.5 +4.5
WRND IQ Global Equity R&D Leaders ETF 0.2 18 62 4.4 +3.5
XMAG Defiance Large Cap ex-Mag 7 ETF 0.2 35 45 4.7 +3.7
GLBL Pacer MSCI World Industry Advantage ETF 0.1 65 15 3.9 +2.9
FEX First Trust Large Cap Core AlphaDEX Fund 0.1 59 21 5.3 +4.3
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.1 10 70 4.7 +3.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.1 15 65 4.7 +3.7
PBUS Invesco MSCI USA ETF 0.1 4 76 4.6 +3.6
STXG Strive 1000 Growth ETF 0.1 18 62 3.6 +2.6
SIZE iShares MSCI USA Size Factor ETF 0.1 15 65 5.8 +4.8
IWL iShares Russell Top 200 ETF 0.1 15 65 4.2 +3.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 78 4.5 +3.6
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 80 4.5 +3.6
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 73 4.5 +3.5
VOTE TCW Transform 500 ETF 0.1 5 75 4.5 +3.5
HDUS Hartford Disciplined US Equity ETF 0.1 19 61 5.1 +4.2
SFY SoFi Select 500 ETF 0.1 0 80 4.2 +3.2
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 71 4.6 +3.6
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 70 5.4 +4.4
ESMV iShares ESG MSCI USA Min Vol Factor ETF 0.1 18 62 5.3 +4.3
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.1 11 69 4.5 +3.6
EGUS iShares ESG Aware MSCI USA Growth ETF 0.1 18 62 3.4 +2.4
SUSA iShares MSCI USA ESG Select ETF 0.1 25 55 4.4 +3.4
QUS State Street SPDR MSCI USA StrategicFactors ETF 0.1 15 65 5.2 +4.3
ESGU iShares ESG Aware MSCI USA ETF 0.1 15 65 4.5 +3.6
VV Vanguard Large-Cap ETF 0.1 4 76 4.5 +3.5
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 77 4.5 +3.5
SCHX Schwab U.S. Large-Cap ETF 0.1 3 77 4.6 +3.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.1 29 51 6.0 +5.0
ROUS Hartford Multifactor US Equity ETF 0.1 19 61 5.7 +4.7
GXLC Global X U.S. 500 ETF 0.1 2 78 4.4 +3.5
IYY iShares Dow Jones U.S. ETF 0.1 20 60 4.4 +3.5
STRV Strive 500 ETF 0.1 5 75 4.5 +3.5
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 62 4.3 +3.3
SCHK Schwab 1000 Index ETF 0.1 5 75 4.6 +3.7
DFUS Dimensional U.S. Equity ETF 0.1 9 71 4.4 +3.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 68 4.8 +3.8
IWB iShares Russell 1000 ETF 0.1 15 65 4.5 +3.6
VONE Vanguard Russell 1000 ETF 0.1 7 73 4.6 +3.6
SCHB Schwab U.S. Broad Market ETF 0.1 3 77 4.6 +3.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.1 3 77 4.5 +3.5
IWV iShares Russell 3000 ETF 0.1 20 60 4.4 +3.4
VTHR Vanguard Russell 3000 ETF 0.1 7 73 4.5 +3.5
VTI Vanguard Total Stock Market ETF 0.1 3 77 4.5 +3.5
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 71 4.7 +3.8
MODL VictoryShares WestEnd U.S. Sector ETF 0.1 42 38 4.4 +3.4
XT iShares Exponential Technologies ETF 0.1 46 34 4.4 +3.5
APUE ActivePassive U.S. Equity ETF 0.1 45 35 4.3 +3.3
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 55 5.3 +4.4
ONEO State Street SPDR Russell 1000 Momentum Focus ETF 0.1 20 60 6.4 +5.5
TOK iShares MSCI Kokusai ETF 0.1 26 54 4.6 +3.7
IUS Invesco RAFI Strategic US ETF 0.1 19 61 6.1 +5.1
RVRB Reverb ETF 0.1 30 50 4.3 +3.4
JHML John Hancock Multifactor Large Cap ETF 0.1 29 51 4.8 +3.9
URTH iShares MSCI World ETF 0.1 24 56 4.7 +3.7
EQAL Invesco Russell 1000 Equal Weight ETF 0.1 20 60 6.3 +5.3
PABU iShares Paris-Aligned Climate MSCI USA ETF 0.1 10 70 4.0 +3.1
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.1 20 60 5.1 +4.2
DFAU Dimensional US Core Equity Market ETF 0.1 12 68 4.7 +3.7
ACWI iShares MSCI ACWI ETF 0.1 32 48 5.1 +4.1
MGC Vanguard Mega Cap ETF 0.1 7 73 4.3 +3.3
DEUS Xtrackers Russell US Multifactor ETF 0.1 17 63 6.7 +5.7
VT Vanguard Total World Stock ETF 0.1 6 74 5.4 +4.5
FNDA Schwab Fundamental US Small Co. Index ETF 0.1 25 55 6.6 +5.6
EPS WisdomTree U.S. LargeCap Fund 0.1 8 72 5.2 +4.2
DCOR Dimensional US Core Equity 1 ETF 0.0 14 66 4.9 +4.0
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.0 9 71 5.2 +4.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.0 9 71 4.7 +3.7
AVSU Avantis Responsible U.S. Equity ETF 0.0 15 65 5.5 +4.5
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.0 29 51 4.3 +3.3
NZUS State Street SPDR MSCI USA Climate Paris Aligned ETF 0.0 10 70 4.1 +3.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.0 17 63 5.0 +4.1
PRF Invesco FTSE RAFI US 1000 ETF 0.0 34 46 6.1 +5.2
AVUS Avantis U.S. Equity ETF 0.0 15 65 5.1 +4.2
IETC iShares U.S. Tech Independence Focused ETF 0.0 18 62 3.4 +2.4
AVUQ Avantis U.S. Quality ETF 0.0 15 65 3.9 +2.9
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 55 6.6 +5.7
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 38 3.9 +3.0
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 50 5.3 +4.4
DYNF BlackRock U.S. Equity Factor Rotation ETF 0.0 30 50 4.1 +3.2
DFSU Dimensional US Sustainability Core 1 ETF 0.0 18 62 5.0 +4.1
SPRX Spear Alpha ETF 0.0 75 5 -0.8 -1.8

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Twin Oak Endure ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.2 %
Divided by: Fwd. P/BV 4.7 x
Less: Expense ratio 80 bp
Equals: ALTAR Score 1.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.41 CATEGORY
AVERAGE		 1.57
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.