ETF Evaluator:
Arin Tactical Tail Risk ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Long-Short Equity Over the Last Year
| 42.4% | Convergence Long/Short Equity ETF (CLSE) |
| 29.1% | Militia Long/Short Equity ETF (ORR) |
| 28.5% | Unlimited HFEQ Equity Long/Short ETF (HFEQ) |
| 25.5% | Harbor Long-Short Equity ETF (LSEQ) |
| 16.2% | Efficient Market Portfolio Plus ETF (EMPB) |
Risk
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Risk
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ETF Details
Arin Tactical Tail Risk ETF Overview
Arin Tactical Tail Risk ETF (ATTR) is an actively managed Nontraditional Equity Long-Short Equity exchange-traded fund (ETF). Arin Risk Advisors LLC launched the ETF in 2025.
The investment seeks to maximize total return through a combination of capital appreciation and current income.
Under normal circumstances, the fund invests primarily in options contracts on large-capitalization U.S. equities or equity market indexes, such as the S&P 500 Index and may invest in individual equities or ETFs that provide exposure to the index or other large-capitalization U.S. equity market indexes.
About Arin Tactical Tail Risk ETF (ATTR)
There are 3 members of the management team with an average tenure of 0.76 years: Lawrence Lempert (2025), Joseph DeSipio (2025) and Ryan Bailey (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Arin Tactical Tail Risk ETF has 22 securities in its portfolio. The top 10 holdings constitute 214.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Arin Tactical Tail Risk ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. Arin Tactical Tail Risk ETF has 1.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 197.5% There is 1.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Arin Tactical Tail Risk ETF has -98.4% of the portfolio in cash.
Assets Under Management
The fund has $95 million in total assets, which is below the $320 million average for the Long-Short Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ATTR Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Arin Tactical Tail Risk ETF expense ratio is above average compared to funds in the Long-Short Equity category. Arin Tactical Tail Risk ETF has an expense ratio of 0.63%, which is 66% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Arin Tactical Tail Risk ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 157% for the Long-Short Equity category.
Recently, in the month of July 2026, Arin Tactical Tail Risk ETF returned 0.8%, which earned it a grade of B, as the Long-Short Equity category had an average return of -0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Arin Tactical Tail Risk ETF has a trailing yield of 0.00%, which is below the 1.17% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Arin Tactical Tail Risk ETF Grades
Year to date, the ETF has returned 4.7%, 3.6 percentage points worse than the category, which translates into a grade of D.
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ATTR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ATTR Return (NAV) | 0.8% | 1.3% | na | na | na | na |
| ATTR Return (Price) | 1.4% | 1.4% | na | na | na | na |
| NAV +/- Price Return | -0.664% | -0.105% | na | na | na | na |
| Long-Short Equity Avg | -0.0% | 3.1% | 14.5% | 14.1% | 7.8% | 12.2% |
| ATTR Grade (NAV) | B | C | na | na | na | na |
| +/- Category (NAV) | 0.8% | -1.7% | na | na | na | na |
| ATTR Tax-Cost Ratio | na | na | na | na | na | na |
ATTR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ATTR Return (NAV) | 4.7% | na | na | na | na | na | na | na | na | na | na |
| ATTR Return (Price) | 4.8% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.018% | na | na | na | na | na | na | na | na | na | na |
| Long-Short Equity Avg | 8.3% | 8.4% | 17.1% | 13.7% | -9.2% | 8.7% | 28.9% | 15.9% | 0.1% | 15.9% | 9.6% |
| ATTR Grade (NAV) | D | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -3.6% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 96 Mil |
| Share Class Assets: | $ 96 Mil |
| Turnover: | na |
| Expense Ratio: | 0.63% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.8 years | |||
| Average Tenure: 0.8 years | |||
| Managers (Year): Lempert Lawrence (2025), DeSipio Joseph (2025), Bailey Ryan (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 22 |
| % in Top 10 Holdings: | 214.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.0% |
Portfolio Allocation |
|
| Domestic Stock: | 197.5% |
| Foreign Stock: | 1.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | -98.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Arin Risk Advisors LLC |
| Phone Number: | 215-330-4476 |
| Website: | www.valueshares.com |
| Inception Date: | October 27, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.63% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 1.83% |
