Twin Oak Short Horizon Absolute Return ETF (TOAK) belongs to the Multistrategy category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with TOAK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TOAK
TOAK charges 0.25% annually. No ETFs in the Multistrategy category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.80%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SEI DBi Multi-Strategy Alternative ETF | 0.80% | 191.55M | Sep 2025 | TOAK vs QALT | |
| Return Stacked Bonds & Futures Yield ETF | 0.98% | 91.83M | Aug 2024 | TOAK vs RSBY | |
| iShares Systematic Alternatives Active ETF | 0.99% | 582.98M | Dec 2025 | TOAK vs IALT | |
| Simplify Multi-Qis Alternative ETF | 1.00% | 44.85M | Jul 2023 | TOAK vs QIS | |
| Frontier Asset Absolute Return ETF | 1.00% | 11.67M | Dec 2024 | TOAK vs FARX |
Best Risk-Adjusted Alternatives to TOAK
TOAK has a PortfoliosLab risk / return rank of 51. There are 2 ETFs in the Multistrategy category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | 90 | 11.67M | Dec 2024 | TOAK vs FARX | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 69 | 33.60M | Oct 2022 | TOAK vs HFND | |
| Return Stacked Bonds & Futures Yield ETF | 46 | 91.83M | Aug 2024 | TOAK vs RSBY | |
| Simplify Multi-Qis Alternative ETF | 1 | 44.85M | Jul 2023 | TOAK vs QIS |
Top Performing TOAK Alternatives (YTD)
TOAK is at 1.29% YTD. There are 5 ETFs in the Multistrategy category with higher YTD returns, going as high as 18.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Return Stacked Bonds & Futures Yield ETF | 18.23% | 91.83M | Aug 2024 | TOAK vs RSBY | |
| iShares Systematic Alternatives Active ETF | 13.22% | 582.98M | Dec 2025 | TOAK vs IALT | |
| Frontier Asset Absolute Return ETF | 9.75% | 11.67M | Dec 2024 | TOAK vs FARX | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 9.14% | 33.60M | Oct 2022 | TOAK vs HFND | |
| SEI DBi Multi-Strategy Alternative ETF | 6.31% | 191.55M | Sep 2025 | TOAK vs QALT |
Lowest Volatility Alternatives to TOAK
TOAK has 2.92% 1-year volatility. No ETFs in the Multistrategy category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 6.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | 6.98% | 11.67M | Dec 2024 | TOAK vs FARX | |
| iShares Systematic Alternatives Active ETF | 7.50% | 582.98M | Dec 2025 | TOAK vs IALT | |
| SEI DBi Multi-Strategy Alternative ETF | 7.65% | 191.55M | Sep 2025 | TOAK vs QALT | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | 9.41% | 33.60M | Oct 2022 | TOAK vs HFND | |
| Return Stacked Bonds & Futures Yield ETF | 11.82% | 91.83M | Aug 2024 | TOAK vs RSBY |
Lowest Drawdown Alternatives to TOAK
TOAK has a 1-year max drawdown of -1.81%. No ETFs in the Multistrategy category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -2.80%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Frontier Asset Absolute Return ETF | -2.80% | 11.67M | Dec 2024 | TOAK vs FARX | |
| Unlimited HFND Multi-Strategy Return Tracker ETF | -4.94% | 33.60M | Oct 2022 | TOAK vs HFND | |
| Return Stacked Bonds & Futures Yield ETF | -7.95% | 91.83M | Aug 2024 | TOAK vs RSBY | |
| Simplify Multi-Qis Alternative ETF | -50.92% | 44.85M | Jul 2023 | TOAK vs QIS |
Other ETFs from Twin Oak
The 2 most viewed Twin Oak ETFs shown here include TSPX, SPYA and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Twin Oak Active Opportunities ETF | Diversified Portfolio | 74 | 8.77% | — | Feb 2025 | TOAK vs TSPX | |
| Twin Oak Endure ETF | Equity Hedged | — | 8.76% | — | Jun 2025 | TOAK vs SPYA |
Often Compared With TOAK
Investors most often compare TOAK with FLMB, DIV, FTIF. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare TOAK with Any Fund or Stock
Compare TOAK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TOAK with funds that move differently
Twin Oak Short Horizon Absolute Return ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TOAK.
Explore TOAK Diversifiers