SPYA - Torray Equity Income Fund - Twin Oak Endure ETF
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.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $136.1M
- Beta
- 0.97
- 52-Week Range
- 25.79-31.171
- Dividend Yield
- $0.10
- IPO Date
- Jun 3, 2025
- Exchange
- CBOE
SPYA Options Snapshot
Options pricing data for SPYA is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The SPYA overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
SPYA fund facts: expense ratio 0.54%, assets under management $136.4M, NAV $31.05 as of the data source's update on Oct 8, 2026, 12 holdings in its latest file, launched Jun 2, 2025, issued by Twin Oak. See the SPYA holdings.
Frequently asked SPYA overview questions
- What is SPYA?
- SPYA is the ticker symbol for Torray Equity Income Fund - Twin Oak Endure ETF, an listed exchange-traded fund. 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. Listed on CBOE. SPYA is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are SPYA's key statistics?
- Torray Equity Income Fund - Twin Oak Endure ETF (SPYA) carries a market capitalization of $136.1M, 52-week range of 25.79-31.171. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SPYA belong to?
- Torray Equity Income Fund - Twin Oak Endure ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SPYA's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SPYA data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for SPYA, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.