ENVB vs. PSIL
ENVB (Enveric Biosciences Inc) is a stock, while PSIL (AdvisorShares Psychedelics ETF) is Health & Biotech Equities fund actively managed by AdvisorShares. Over the past 3 years, ENVB returned -86.36%/yr vs 9.26%/yr for PSIL. At a 0.29 correlation, their price movements are largely independent.
Performance
ENVB vs. PSIL - Performance Comparison
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Returns By Period
In the year-to-date period, ENVB achieves a -63.91% return, which is significantly lower than PSIL's 35.29% return.
ENVB
- 1D
- -2.96%
- 1M
- -14.38%
- 6M
- -65.71%
- YTD
- -63.91%
- 1Y
- -91.67%
- 3Y*
- -86.36%
- 5Y*
- -85.31%
- 10Y*
- -75.16%
PSIL
- 1D
- -2.02%
- 1M
- 15.23%
- 6M
- 34.98%
- YTD
- 35.29%
- 1Y
- 69.56%
- 3Y*
- 9.26%
- 5Y*
- —
- 10Y*
- —
ENVB vs. PSIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | -63.91% | -94.37% | -72.43% | -37.50% | -95.53% | -64.91% |
PSIL AdvisorShares Psychedelics ETF | 35.29% | 74.55% | -19.50% | -25.12% | -67.24% | -42.72% |
Correlation
The correlation between ENVB and PSIL is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021 | 0.29 |
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Return for Risk
ENVB vs. PSIL — Risk / Return Rank
ENVB
PSIL
ENVB vs. PSIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enveric Biosciences Inc (ENVB) and AdvisorShares Psychedelics ETF (PSIL). 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.
| ENVB | PSIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.21 | ||
| Sortino ratioReturn per unit of downside risk | -3.49 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.27 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 3.43 | -4.42 |
| Martin ratioReturn relative to average drawdown | -1.29 | 7.12 | -8.40 |
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Drawdowns
ENVB vs. PSIL - Drawdown Comparison
The maximum ENVB drawdown since its inception was -100.00%, which is greater than PSIL's maximum drawdown of -92.72%. Use the drawdown chart below to compare losses from any high point for ENVB and PSIL.
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Drawdown Indicators
| ENVB | PSIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -92.72% | -7.28% |
Max Drawdown (1Y)Largest decline over 1 year | -92.64% | -20.38% | -72.26% |
Max Drawdown (3Y)Largest decline over 3 years | -99.76% | -64.45% | -35.31% |
Max Drawdown (5Y)Largest decline over 5 years | -100.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | — | — |
Current DrawdownCurrent decline from peak | -100.00% | -73.68% | -26.32% |
Average DrawdownAverage peak-to-trough decline | -86.17% | -76.68% | -9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 71.13% | 9.80% | +61.33% |
Volatility
ENVB vs. PSIL - Volatility Comparison
Enveric Biosciences Inc (ENVB) has a higher volatility of 21.21% compared to AdvisorShares Psychedelics ETF (PSIL) at 13.63%. This indicates that ENVB's price experiences larger fluctuations and is considered to be riskier than PSIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENVB | PSIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.21% | 13.63% | +7.58% |
Volatility (6M)Calculated over the trailing 6-month period | 104.21% | 29.68% | +74.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 175.79% | 41.42% | +134.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 155.82% | 62.84% | +92.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 163.96% | 62.84% | +101.12% |
Dividends
ENVB vs. PSIL - Dividend Comparison
ENVB has not paid dividends to shareholders, while PSIL's dividend yield for the trailing twelve months is around 7.34%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PSIL AdvisorShares Psychedelics ETF | 7.34% | 10.95% | 1.49% | 0.24% | 2.91% |
Frequently Asked Questions
ENVB and PSIL have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVB has higher volatility (21.21%) compared to PSIL (13.63%). In terms of maximum drawdown, ENVB dropped -100.00% vs PSIL's -92.72%.
PSIL currently has the higher Sharpe Ratio (1.69 vs -0.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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