FBTU.L vs. PSIL

Last updated Jun 5, 2026

FBTU.L (First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating) and PSIL (AdvisorShares Psychedelics ETF) are both Health & Biotech Equities funds. Over the past 3 years, FBTU.L returned 13.28%/yr vs 9.89%/yr for PSIL. At a 0.34 correlation, their price movements are largely independent. FBTU.L charges 0.60%/yr vs 1.00%/yr for PSIL.

Performance

FBTU.L vs. PSIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) and AdvisorShares Psychedelics ETF (PSIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBTU.L achieves a 8.73% return, which is significantly lower than PSIL's 21.37% return.

FBTU.L

• 1D: 4.34%
• 1M: 9.71%
• YTD: 8.73%
• 6M: 6.95%
• 1Y: 38.25%
• 3Y*: 13.28%
• 5Y*: 6.94%
• 10Y*: —

PSIL

• 1D: 1.01%
• 1M: 2.50%
• YTD: 21.37%
• 6M: 20.94%
• 1Y: 68.63%
• 3Y*: 9.89%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBTU.L vs. PSIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating	8.73%	25.95%	4.74%	3.91%	-5.96%	-4.85%
PSIL AdvisorShares Psychedelics ETF	21.37%	74.55%	-19.50%	-25.12%	-67.24%	-41.98%

Correlation

The correlation between FBTU.L and PSIL is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Sep 17, 2021	0.34

FBTU.L vs. PSIL - Sectors Allocation Comparison

Sectors	FBTU.L	PSIL
Healthcare	100.0%	100.0%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

FBTU.L vs. PSIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBTU.L

FBTU.L Risk / Return Rank: 52
FBTU.L Sharpe Ratio Rank: 54
FBTU.L Sortino Ratio Rank: 57
FBTU.L Omega Ratio Rank: 49
FBTU.L Calmar Ratio Rank: 55
FBTU.L Martin Ratio Rank: 45

PSIL

PSIL Risk / Return Rank: 50
PSIL Sharpe Ratio Rank: 48
PSIL Sortino Ratio Rank: 45
PSIL Omega Ratio Rank: 45
PSIL Calmar Ratio Rank: 69
PSIL Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBTU.L vs. PSIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) 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.

	FBTU.L	PSIL	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.65	+0.14
Sortino ratio: Return per unit of downside risk	2.66	2.21	+0.46
Omega ratio: Gain probability vs. loss probability	1.30	1.28	+0.02
Calmar ratio: Return relative to maximum drawdown	2.66	3.38	-0.72
Martin ratio: Return relative to average drawdown	7.17	7.14	+0.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBTU.L vs. PSIL - Sharpe Ratio Comparison

The current FBTU.L Sharpe Ratio is 1.79, which is comparable to the PSIL Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of FBTU.L and PSIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FBTU.L	PSIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.65	+0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	-0.41	+0.68

Drawdowns

FBTU.L vs. PSIL - Drawdown Comparison

The maximum FBTU.L drawdown since its inception was -33.73%, smaller than the maximum PSIL drawdown of -92.72%. Use the drawdown chart below to compare losses from any high point for FBTU.L and PSIL.

Drawdown Indicators

	FBTU.L	PSIL	Difference
Max Drawdown Largest peak-to-trough decline	-33.73%	-92.72%	+58.99%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-20.38%	+6.08%
Max Drawdown (3Y) Largest decline over 3 years	-22.47%	-64.62%	+42.15%
Max Drawdown (5Y) Largest decline over 5 years	-29.97%	—	—
Current Drawdown Current decline from peak	0.00%	-76.39%	+76.39%
Average Drawdown Average peak-to-trough decline	-13.11%	-76.76%	+63.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.32%	9.64%	-4.32%

Volatility

FBTU.L vs. PSIL - Volatility Comparison

The current volatility for First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating (FBTU.L) is 7.25%, while AdvisorShares Psychedelics ETF (PSIL) has a volatility of 9.80%. This indicates that FBTU.L experiences smaller price fluctuations and is considered to be less risky than PSIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBTU.L	PSIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.25%	9.80%	-2.55%
Volatility (6M) Calculated over the trailing 6-month period	16.34%	27.73%	-11.39%
Volatility (1Y) Calculated over the trailing 1-year period	21.31%	41.78%	-20.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.91%	63.13%	-42.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.38%	63.13%	-41.75%

FBTU.L vs. PSIL - Expense Ratio Comparison

FBTU.L has a 0.60% expense ratio, which is lower than PSIL's 1.00% expense ratio.

Dividends

FBTU.L vs. PSIL - Dividend Comparison

FBTU.L has not paid dividends to shareholders, while PSIL's dividend yield for the trailing twelve months is around 8.23%.

Position	TTM	2025	2024	2023	2022
FBTU.L First Trust NYSE Arca Biotechnology UCITS ETF Class A USD Accumulating	0.00%	0.00%	0.00%	0.00%	0.00%
PSIL AdvisorShares Psychedelics ETF	8.23%	10.95%	1.49%	0.24%	2.91%

Frequently Asked Questions

Can I hold both FBTU.L and PSIL in my portfolio?

FBTU.L and PSIL have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FBTU.L or PSIL?

On fees, FBTU.L is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FBTU.L or PSIL?

FBTU.L is cheaper with a 0.60% expense ratio, compared with 1.00% for PSIL.

What is the main difference between FBTU.L and PSIL?

They also come from different issuers: First Trust and AdvisorShares. Their fees differ too: 0.60% for FBTU.L and 1.00% for PSIL.