TOAK ETF — Twin Oak Short Horizon Absolute Return ETF

Twin Oak Short Horizon Absolute Return ETF (TOAK)

Updated October 16, 2026.

TOAK is an ETF. its expense ratio is 0.26%. Total return is 8.7% over the past 2.2 years, 31.5 points behind SPY at 40.2%.

Twin Oak Short Horizon Absolute Return ETF is an equity fund that uses defined risk options—including long calls, long puts, and debit spreads—to pursue absolute returns while maintaining short-duration positions that typically expire within one year. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.26%. The strategy may appeal to investors seeking capital appreciation and hedged equity exposure rather than current income.

TOAK performance versus SPY

Price and return data through 2026-10-16.

Total return is 8.7% over the past 2.2 years, 31.5 points behind SPY at 40.2%. Over the past year its total return — price change plus distributions reinvested — is 3.5%. Its deepest 1-year drawdown was 1.8%.

TOAK key facts

Issuer

Twin Oak ETF Company

Asset type

ETF

Asset class

Equity

Inception date

08/19/2024

Expense ratio

0.26%

Distribution frequency

None

Last close

$29.15 (as of 2026-10-16)

AUM

$105,089,940

Average volume

163412.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Twin Oak ETF Company; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

TOAK risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.8%.

Who may consider TOAK — and who may not

It is a weaker fit for investors who need monthly cash flow (TOAK does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on TOAK

• All tickers starting with T

Tagged: Short.

Frequently asked questions

More securities from Twin Oak ETF Company.