BFLX vs. ATTR

Last updated Jun 30, 2026

BFLX (iShares Flexible Equity Active ETF) and ATTR (Arin Tactical Tail Risk ETF) are both Long-Short funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. BFLX charges 0.40%/yr vs 0.63%/yr for ATTR.

Performance

BFLX vs. ATTR - Performance Comparison

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

Returns By Period

BFLX

• 1D: 0.76%
• 1M: -0.90%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATTR

• 1D: 0.39%
• 1M: -0.72%
• YTD: 3.70%
• 6M: 3.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFLX vs. ATTR - Yearly Performance Comparison

	2026 (YTD)
BFLX iShares Flexible Equity Active ETF	0.36%
ATTR Arin Tactical Tail Risk ETF	-0.06%

Correlation

The correlation between BFLX and ATTR is 0.66, 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	0.66

Return for Risk

BFLX vs. ATTR - Risk-Adjusted Trends Comparison

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

BFLX vs. ATTR - Drawdown Comparison

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

Drawdown Indicators

	BFLX	ATTR	Difference
Max Drawdown Largest peak-to-trough decline	-3.85%	-1.76%	-2.09%
Current Drawdown Current decline from peak	-2.39%	-0.72%	-1.67%
Average Drawdown Average peak-to-trough decline	-1.04%	-0.24%	-0.80%

Volatility

Volatility by Period

	BFLX	ATTR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.10%	3.18%	+11.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	3.18%	+11.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.10%	3.18%	+11.92%

BFLX vs. ATTR - Expense Ratio Comparison

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

Dividends

BFLX vs. ATTR - Dividend Comparison

Neither BFLX nor ATTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BFLX and ATTR in my portfolio?

BFLX and ATTR have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BFLX or ATTR?

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, BFLX or ATTR?

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

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

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

What is the main difference between BFLX and ATTR?

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