ATTR vs. EHLS

Last updated Jun 4, 2026

ATTR (Arin Tactical Tail Risk ETF) and EHLS (Even Herd Long Short ETF) are both Long-Short funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. ATTR charges 0.63%/yr vs 1.58%/yr for EHLS.

Performance

ATTR vs. EHLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arin Tactical Tail Risk ETF (ATTR) and Even Herd Long Short ETF (EHLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATTR achieves a 4.25% return, which is significantly lower than EHLS's 15.59% return.

ATTR

• 1D: -0.12%
• 1M: 0.85%
• YTD: 4.25%
• 6M: 4.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EHLS

• 1D: -0.28%
• 1M: 2.51%
• YTD: 15.59%
• 6M: 16.66%
• 1Y: 23.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATTR vs. EHLS - Yearly Performance Comparison

	2026 (YTD)	2025
ATTR Arin Tactical Tail Risk ETF	4.25%	0.58%
EHLS Even Herd Long Short ETF	15.59%	-1.36%

Correlation

The correlation between ATTR and EHLS is 0.55, 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 Oct 29, 2025	0.55

Return for Risk

ATTR vs. EHLS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EHLS

EHLS Risk / Return Rank: 41
EHLS Sharpe Ratio Rank: 36
EHLS Sortino Ratio Rank: 32
EHLS Omega Ratio Rank: 35
EHLS Calmar Ratio Rank: 53
EHLS Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ATTR vs. EHLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arin Tactical Tail Risk ETF (ATTR) and Even Herd Long Short ETF (EHLS). 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.

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

Sharpe Ratios by Period

	ATTR	EHLS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.81	0.81	+2.01

Drawdowns

ATTR vs. EHLS - Drawdown Comparison

The maximum ATTR drawdown since its inception was -1.76%, smaller than the maximum EHLS drawdown of -18.96%. Use the drawdown chart below to compare losses from any high point for ATTR and EHLS.

Drawdown Indicators

	ATTR	EHLS	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-18.96%	+17.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.06%	—
Current Drawdown Current decline from peak	-0.19%	-1.54%	+1.35%
Average Drawdown Average peak-to-trough decline	-0.18%	-4.43%	+4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.08%	—

Volatility

Volatility by Period

	ATTR	EHLS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.97%	18.71%	-15.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.97%	19.76%	-16.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.97%	19.76%	-16.79%

ATTR vs. EHLS - Expense Ratio Comparison

ATTR has a 0.63% expense ratio, which is lower than EHLS's 1.58% expense ratio.

Dividends

ATTR vs. EHLS - Dividend Comparison

Neither ATTR nor EHLS has paid dividends to shareholders.

Position	TTM	2025	2024
ATTR Arin Tactical Tail Risk ETF	0.00%	0.00%	0.00%
EHLS Even Herd Long Short ETF	0.00%	0.00%	1.03%

Frequently Asked Questions

Can I hold both ATTR and EHLS in my portfolio?

ATTR and EHLS have a correlation of 0.55, 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 EHLS?

On fees, ATTR is cheaper at 0.63% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ATTR or EHLS?

ATTR is cheaper with a 0.63% expense ratio, compared with 1.58% for EHLS.

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

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

What is the main difference between ATTR and EHLS?

They also come from different issuers: Arin Risk Advisors and N/A. Their fees differ too: 0.63% for ATTR and 1.58% for EHLS.