I would go for a splitter as a first choice.
Indeed, RF signal is attenuated when passing through a splitter. This attenuation is specified as "insertion loss" of a splitter, and usually can be found in the manufacturer specs. A typical VHF/UHF splitter insertion loss is about 3-4 dB, meaning that the signal power is cut by nearly 50%-60%. It may seem a lot, but in the RF world 3-4 dB is not that much. An indoor antenna is likely to deliver a signal that is substantially weaker than the after-split signal, in the red zone an indoor antenna might not be usable at all.
While it is not possible to know in advance whether the 3dB splitter loss will kill your marginal HDTV channels, I would try a splitter first. Splitters are very cheap, you can get one for under $1 price, so why not try it before buying an indoor antenna?
When picking a splitter pay attention to the following:
- Frequencies. Make sure you buy a splitter that supports the range of 50 Mhz - 900 Mhz. Satellite video splitters may not support these freqs and won't work for you
- Impedance. Typically it is 75 Ohm and should match the impedance of your coax cable. There are also 300 Ohm wires and splitters on the TV supplies market. You can distinguish between different impedance cables by connector type.
- Gold plated connectors for improved performance
- Combiner/splitter dual operation. The same device can work as a combiner or a splitter. Nice to have.
You may want to check
this one.
It is very simple and cheap, but works fine in most cases.
Good Luck