Which did better when the S&P 500 fell, ATTR or XTR?

In the 25 weeks the S&P 500 fell, by 1.10% a week on average, ATTR averaged −0.14% and XTR −1.06%, so ATTR returned more in those weeks.

Which earned more than cash, ATTR or XTR?

Over the same weeks, ATTR finished 3.8 percentage points ahead of cash and XTR finished 5.5 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills.

Which is cheaper, ATTR or XTR?

ATTR charges 0.63% a year and XTR charges 0.25%, so XTR is cheaper. Fees come from each fund's prospectus.

Data as of Oct 27, 2026.

Alternative ETFs

ATTR vs XTR: Correlation to the S&P 500

Over the year to Oct 27, 2026, ATTR moved less with the S&P 500 than XTR: correlation +0.91 against +0.99.

askIQ about this page

askIQ about ATTR and XTR

Net assets: $96m on Jun 30, 2026 for Arin Tactical Tail Risk ETF, and $5.0m on Oct 12, 2026 for Global X S&P 500 Tail Risk ETF.

ATTR on its own →XTR on its own →

At a glance

+0.91

ATTR correlation with the S&P 500

+0.99

XTR correlation with the S&P 500

12.8%

ATTR down-week capture

97.1%

XTR down-week capture

ATTR Fell 13% as much as the S&P 500

ATTR in the 25 weeks SPY fell, year to Oct 27, 2026: SPY averaged −1.10%, ATTR −0.14%.

XTR Fell with the S&P 500

XTR in the 25 weeks SPY fell, year to Oct 27, 2026: SPY averaged −1.10%, XTR −1.06%.

Pair scorecard

XTR costs 0.38 points a year less.

ATTR vs XTR: Correlation to the S&P 500
Measure	ATTR	XTR
Return
Measure	ATTR	XTR
Total return, 1 year	not published	+9.5%
Against its benchmark
Measure	ATTR	XTR
Treasury bills, 52 weeks	+3.7%
Cost and size
Measure	ATTR	XTR
Expense ratio	0.63%	0.25%
Net assets, ATTR as of Jun 30, 2026 and XTR as of Oct 12, 2026	$96m	$5.0m
Holdings
Measure	ATTR	XTR
Holdings in common	not published
Risk
Measure	ATTR	XTR
Beta to the S&P 500	+0.21: about 0.21% for each 1%	+0.91: about 0.91% for each 1%
Its average week when the S&P 500 fell	fell 0.14%	fell 1.06%

ETFIQ Stock Diversification Score · ATTR scores higher How much does it diversify a stock portfolio?

IQ Alternatives Score60.3ATTR8XTR

How much it diversifies a stock portfolio, ranked against 22 equity hedged alternatives ETFs with a full year. 100 is best. How it is computed

ATTR 60.3

XTR 8

8.0, the lowest in this set 97.7, the highest

A percentile among the 22 equity hedged alternatives ETFs with a full year. One year of weekly moves against the S&P 500, within one strategy; it ignores what the fund returned. All alternatives ETFs ranked by it →

Method

Window by window

Window by window: ATTR vs XTR: Correlation to the S&P 500
	Total return		vs its benchmark
Window	ATTR	XTR	ATTR	XTR
3 months	+2.5%	+3.2%	−1.7 pts vs VOO	−1.0 pts vs VOO
6 months	+3.5%	+7.2%	−5.2 pts vs VOO	−1.5 pts vs VOO
1 year	–	+9.5%	–	−4.1 pts vs VOO
3 years	–	+74.1%	–	−20.7 pts vs VOO
Since launchNot the same days: ATTR Oct 2025 · XTR Aug 2021	+7.5%	+59.0%	−5.8 pts vs VOO	−26.6 pts vs VOO

Source: ETFIQ. – means no data for this window. Open this comparison in the app →

Side by side

ATTR Arin Tactical Tail Risk ETF · Hedged equity fund: owns stocks and pays for protection against a fall, most often with put options XTR Global X S&P 500 Tail Risk ETF · Hedged equity fund: owns stocks and pays for protection against a fall, most often with put options

Issuer Arin Global X

Strategy Hedged equity Hedged equity

Correlation with the S&P 500 +0.91 +0.99

Beta to the S&P 500 +0.21 +0.91

Down-week capture 12.8% 97.1%

Average week when the S&P 500 fell −0.14% −1.06%

The S&P 500 in those weeks −1.10% −1.10%

Total return, same 52 weeks +7.5% +9.2%

Against T-bills, percentage points +3.8 pts +5.5 pts

Expense ratio 0.63% 0.25%

First traded Oct 28, 2025 Aug 26, 2021

Net assets, ATTR as of Jun 30, 2026 and XTR as of Oct 12, 2026 $96m $5.0m

As of Oct 27, 2026. Source: ETFIQ.

One strategy, two funds

ATTR and XTR both run a hedged equity strategy. Over the same 52 weeks to Oct 27, 2026, ATTR’s weekly returns had a correlation of +0.91 with the S&P 500 and XTR’s +0.99. In the 25 weeks the index fell, by 1.10% a week on average, ATTR averaged −0.14% and XTR −1.06%. Over the same weeks, ATTR finished 3.8 percentage points ahead of cash and XTR finished 5.5 points ahead of cash.

Alert

About each fund

ATTR

ATTR is a hedged equity fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Oct 27, 2026, its weekly returns had a correlation of +0.91 with the S&P 500’s and a beta of +0.21, so for each 1% the index moved it moved about 0.21% the same way. The S&P 500 fell in 25 of those 52 weeks, by 1.10% on average. In the same weeks ATTR fell 0.14% on average, a down-week capture of 12.8%. Over the same 52 weeks ATTR returned +7.5% and a Treasury bill fund +3.7%, so it finished 3.8 percentage points ahead of cash.

XTR

XTR is a hedged equity fund. Over the year to Oct 27, 2026, its weekly returns had a correlation of +0.99 with the S&P 500’s and a beta of +0.91, so for each 1% the index moved it moved about 0.91% the same way. In the same weeks XTR fell 1.06% on average, a down-week capture of 97.1%. Over the same 52 weeks XTR returned +9.2% and a Treasury bill fund +3.7%, so it finished 5.5 percentage points ahead of cash.

Questions people ask

Which moved less with the S&P 500, ATTR or XTR?: Over the 52 weeks to Oct 27, 2026, ATTR’s weekly returns had a correlation of +0.91 with the S&P 500 and XTR’s +0.99, so ATTR moved less with the index.
Which did better when the S&P 500 fell, ATTR or XTR?: In the 25 weeks the S&P 500 fell, by 1.10% a week on average, ATTR averaged −0.14% and XTR −1.06%, so ATTR returned more in those weeks.
Which earned more than cash, ATTR or XTR?: Over the same weeks, ATTR finished 3.8 percentage points ahead of cash and XTR finished 5.5 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills.
Which is cheaper, ATTR or XTR?: ATTR charges 0.63% a year and XTR charges 0.25%, so XTR is cheaper. Fees come from each fund's prospectus.

Other comparisons

ATTR vs HELO ATTR vs QTR ATTR vs QBUL ATTR vs CCOR XTR vs ZHDG XTR vs CCOR XTR vs QBER XTR vs KSPY

Where to next

BIL, the T-bill fund these are measured against →SPY, the S&P 500 fund these are measured against →ATTR on its own →XTR on its own →XTR dividend history →Method →Standards and sources →

Sources and dates

ATTR filings on SEC EDGAR ↗

ATTR prospectus with the expense ratio (SEC) ↗

Arin page for ATTR ↗

XTR filings on SEC EDGAR ↗

XTR prospectus with the expense ratio (SEC) ↗

Global X page for XTR ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, ATTR against XTR, data as of Oct 27, 2026. https://etfiq.com/compare/alternatives/attr-vs-xtr

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.