ATTR vs SPY
Arin Tactical Tail Risk ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ATTR or SPY?
Option Writing against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y. The two have moved almost in lockstep, correlation 0.93.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ATTR | SPY |
|---|---|---|
| Expense Ratio | 0.63% | 0.09%Best |
| AUM | $116M | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 22 | 1,515 |
| YTD Return | +6.58% | +13.53%Best |
| 1Y Return | +7.22% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 3.0%Best | 13.1% |
| Fund Family | Arin Risk Advisors LLC | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Oct 27, 2025 | Jan 22, 1993 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
ATTR vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ATTR vs SPY Performance
Arin Tactical Tail Risk ETF (ATTR) is an ETF from Arin Risk Advisors LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ATTR returned +7.22% while SPY returned +17.47%. Year to date, ATTR is up 6.58% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 3.0% for ATTR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ATTR charges 0.63% per year while SPY charges 0.09%. On a $10,000 position that is $63 vs $9 annually, a gap of $54 per year that compounds over a long holding period. On income, ATTR currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
We hold position weights for 44 holdings in ATTR and 504 in SPY, totalling 17.5% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 44 positions we hold weights for in ATTR and 504 in SPY, against full books of 22 and 1,515.
You are not choosing between two funds in isolation.
Whichever of ATTR and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ATTR or SPY?
ATTR has an expense ratio of 0.63% while SPY charges 0.09%. SPY is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, ATTR or SPY?
Over the past year ATTR returned +7.22% vs +17.47% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ATTR or SPY?
SPY has been the more volatile fund at 13.1% annualized versus 3.0% for ATTR.
Should I hold both ATTR and SPY?
ATTR and SPY have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, ATTR or SPY?
ATTR yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than ATTR?
SPY has a lower expense ratio. SPY led over 1Y. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.