TOS vs. SPCT

Last updated Jul 18, 2026

TOS (Twin Oak Strategic Solutions ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. Both are actively managed. At a 0.25 correlation, their price movements are largely independent. TOS charges 0.76%/yr vs 0.85%/yr for SPCT.

Performance

TOS vs. SPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Twin Oak Strategic Solutions ETF (TOS) and Liberty One Spectrum ETF (SPCT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TOS

• 1D: -2.01%
• 1M: -7.26%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPCT

• 1D: -0.38%
• 1M: 2.20%
• 6M: 6.42%
• YTD: 9.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TOS vs. SPCT - Yearly Performance Comparison

	2026 (YTD)
TOS Twin Oak Strategic Solutions ETF	11.45%
SPCT Liberty One Spectrum ETF	6.46%

Correlation

The correlation between TOS and SPCT is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 28, 2026	0.25

Return for Risk

TOS vs. SPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Twin Oak Strategic Solutions ETF (TOS) and Liberty One Spectrum ETF (SPCT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

TOS vs. SPCT - Drawdown Comparison

The maximum TOS drawdown since its inception was -11.72%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for TOS and SPCT.

Drawdown Indicators

	TOS	SPCT	Difference
Max Drawdown Largest peak-to-trough decline	-11.72%	-7.17%	-4.55%
Current Drawdown Current decline from peak	-9.11%	-0.38%	-8.73%
Average Drawdown Average peak-to-trough decline	-2.77%	-1.48%	-1.29%

Volatility

Volatility by Period

	TOS	SPCT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.00%	9.26%	+17.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.00%	9.26%	+17.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.00%	9.26%	+17.74%

TOS vs. SPCT - Expense Ratio Comparison

TOS has a 0.76% expense ratio, which is lower than SPCT's 0.85% expense ratio.

Dividends

TOS vs. SPCT - Dividend Comparison

TOS has not paid dividends to shareholders, while SPCT's dividend yield for the trailing twelve months is around 0.77%.

Position	TTM	2025
SPCT Liberty One Spectrum ETF	0.77%	0.16%
TOS Twin Oak Strategic Solutions ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both TOS and SPCT in my portfolio?

TOS and SPCT have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TOS or SPCT?

On fees, TOS is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TOS or SPCT?

TOS is cheaper with a 0.76% expense ratio, compared with 0.85% for SPCT.

Which ETF pays a higher dividend yield, TOS or SPCT?

SPCT has the higher dividend yield at 0.77%, compared with 0.00% for TOS.

What is the main difference between TOS and SPCT?

They also come from different issuers: Twin Oak ETF Company and Liberty One. Their fees differ too: 0.76% for TOS and 0.85% for SPCT.