ATTR vs. BFLX

Last updated Jul 17, 2026

ATTR (Arin Tactical Tail Risk ETF) and BFLX (iShares Flexible Equity Active ETF) are both Long-Short funds. Both are actively managed. A 0.67 correlation means they provide meaningful diversification when combined. ATTR charges 0.63%/yr vs 0.40%/yr for BFLX.

Performance

ATTR vs. BFLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arin Tactical Tail Risk ETF (ATTR) and iShares Flexible Equity Active ETF (BFLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATTR

• 1D: -0.17%
• 1M: 0.57%
• 6M: 4.15%
• YTD: 4.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BFLX

• 1D: -0.43%
• 1M: -1.16%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATTR vs. BFLX - Yearly Performance Comparison

	2026 (YTD)
ATTR Arin Tactical Tail Risk ETF	0.81%
BFLX iShares Flexible Equity Active ETF	0.50%

Correlation

The correlation between ATTR and BFLX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 20, 2026	0.67

Return for Risk

ATTR vs. BFLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arin Tactical Tail Risk ETF (ATTR) and iShares Flexible Equity Active ETF (BFLX). 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

ATTR vs. BFLX - Drawdown Comparison

The maximum ATTR drawdown since its inception was -1.76%, smaller than the maximum BFLX drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for ATTR and BFLX.

Drawdown Indicators

	ATTR	BFLX	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-3.85%	+2.09%
Current Drawdown Current decline from peak	-0.17%	-2.25%	+2.08%
Average Drawdown Average peak-to-trough decline	-0.23%	-1.37%	+1.14%

Volatility

Volatility by Period

	ATTR	BFLX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.21%	14.09%	-10.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.21%	14.09%	-10.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.21%	14.09%	-10.88%

ATTR vs. BFLX - Expense Ratio Comparison

ATTR has a 0.63% expense ratio, which is higher than BFLX's 0.40% expense ratio.

Dividends

ATTR vs. BFLX - Dividend Comparison

Neither ATTR nor BFLX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ATTR and BFLX in my portfolio?

ATTR and BFLX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ATTR or BFLX?

On fees, BFLX is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ATTR or BFLX?

BFLX is cheaper with a 0.40% expense ratio, compared with 0.63% for ATTR.

Which ETF pays a higher dividend yield, ATTR or BFLX?

ATTR and BFLX have nearly identical dividend yields, around 0.00%.

What is the main difference between ATTR and BFLX?

They also come from different issuers: Arin Risk Advisors and iShares. Their fees differ too: 0.63% for ATTR and 0.40% for BFLX.