Let $E$ be a spectrum. Then $E \wedge E$ is a $\mathbb{Z}/2$-spectrum in the naivest possible sense, i.e., an object with $\mathbb{Z}/2$-action in the (∞,1)-category of spectra. Can I make it a $\mathbb{Z}/2$-spectrum in the less naive, but still not genuine, sense? (That is, a $\mathbb{Z}/2$-spectrum indexed on the trivial universe.)

If so, by my question here I can think of the resulting object as a functor from the opposite of the orbit category of $\mathbb{Z}/2$ to spectra. Unpacking this amounts to giving some spectrum $F$ together with a map $F \to (E \wedge E)^{h\mathbb{Z}/2}$. What is $F$?