IBHE vs. PSIL
IBHE (iShares iBonds 2025 Term High Yield & Income ETF) and PSIL (AdvisorShares Psychedelics ETF) are both exchange-traded funds - IBHE is a High Yield Bonds fund tracking the Bloomberg 2025 Term High Yield and Income Index, while PSIL is a Health & Biotech Equities fund actively managed by AdvisorShares. IBHE is passively managed, while PSIL is actively managed. Over the past 3 years, IBHE returned 5.93%/yr vs 10.43%/yr for PSIL. At a 0.21 correlation, their price movements are largely independent. IBHE charges 0.35%/yr vs 1.00%/yr for PSIL.
Performance
IBHE vs. PSIL - Performance Comparison
Loading charts...
Returns By Period
IBHE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 1.96%
- 3Y*
- 5.93%
- 5Y*
- 3.89%
- 10Y*
- —
PSIL
- 1D
- 0.56%
- 1M
- 1.61%
- YTD
- 25.04%
- 6M
- 21.09%
- 1Y
- 76.10%
- 3Y*
- 10.43%
- 5Y*
- —
- 10Y*
- —
IBHE vs. PSIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IBHE iShares iBonds 2025 Term High Yield & Income ETF | 0.00% | 4.45% | 7.62% | 10.32% | -4.08% | 0.42% |
PSIL AdvisorShares Psychedelics ETF | 25.04% | 74.55% | -19.50% | -25.12% | -67.24% | -42.72% |
Correlation
The correlation between IBHE and PSIL is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021 | 0.21 |
The correlation between IBHE and PSIL shifts across timeframes, from -0.13 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBHE vs. PSIL — Risk / Return Rank
IBHE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PSIL
IBHE vs. PSIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2025 Term High Yield & Income ETF (IBHE) 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.
| IBHE | PSIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.01 | ||
| Sortino ratioReturn per unit of downside risk | +4.92 | ||
| Omega ratioGain probability vs. loss probability | 2.32 | 1.30 | +1.01 |
| Calmar ratioReturn relative to maximum drawdown | 25.02 | 3.75 | +21.27 |
| Martin ratioReturn relative to average drawdown | 98.47 | 7.83 | +90.64 |
Loading charts...
Drawdowns
IBHE vs. PSIL - Drawdown Comparison
The maximum IBHE drawdown since its inception was -26.91%, smaller than the maximum PSIL drawdown of -92.72%. Use the drawdown chart below to compare losses from any high point for IBHE and PSIL.
Loading charts...
Drawdown Indicators
| IBHE | PSIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.91% | -92.72% | +65.81% |
Max Drawdown (1Y)Largest decline over 1 year | -0.11% | -20.38% | +20.27% |
Max Drawdown (3Y)Largest decline over 3 years | -0.94% | -64.62% | +63.68% |
Max Drawdown (5Y)Largest decline over 5 years | -8.51% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -75.68% | +75.68% |
Average DrawdownAverage peak-to-trough decline | -1.42% | -76.71% | +75.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 9.75% | -9.70% |
Volatility
IBHE vs. PSIL - Volatility Comparison
The current volatility for iShares iBonds 2025 Term High Yield & Income ETF (IBHE) is 0.00%, while AdvisorShares Psychedelics ETF (PSIL) has a volatility of 12.82%. This indicates that IBHE 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.
Loading charts...
Volatility by Period
| IBHE | PSIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 12.82% | -12.82% |
Volatility (6M)Calculated over the trailing 6-month period | 0.38% | 28.52% | -28.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.74% | 42.43% | -41.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.87% | 62.98% | -58.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.52% | 62.98% | -51.46% |
IBHE vs. PSIL - Expense Ratio Comparison
IBHE has a 0.35% expense ratio, which is lower than PSIL's 1.00% expense ratio.
Dividends
IBHE vs. PSIL - Dividend Comparison
IBHE has not paid dividends to shareholders, while PSIL's dividend yield for the trailing twelve months is around 7.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBHE iShares iBonds 2025 Term High Yield & Income ETF | 2.29% | 4.53% | 6.92% | 7.17% | 5.77% | 4.84% | 5.74% | 3.73% |
PSIL AdvisorShares Psychedelics ETF | 7.94% | 10.95% | 1.49% | 0.24% | 2.91% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBHE and PSIL have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSIL has higher volatility (12.82%) compared to IBHE (0.00%). In terms of maximum drawdown, IBHE dropped -26.91% vs PSIL's -92.72%.
On 3-year performance, PSIL leads with 10.43% vs 5.93% for IBHE. On fees, IBHE is cheaper at 0.35% per year. On volatility, IBHE has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, PSIL has performed better with a 10.43% return vs 5.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBHE is cheaper with a 0.35% expense ratio, compared with 1.00% for PSIL.
PSIL has the higher dividend yield at 7.94%, compared with 2.29% for IBHE.
IBHE is categorized as High Yield Bonds, while PSIL is Health & Biotech Equities. They also come from different issuers: iShares and AdvisorShares. Their fees differ too: 0.35% for IBHE and 1.00% for PSIL.
IBHE currently has the higher Sharpe Ratio (3.89 vs 1.88), 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.
Find the right allocation for IBHE and PSIL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer