MLI vs. PSIL
MLI (Mueller Industries, Inc.) is a stock, while PSIL (AdvisorShares Psychedelics ETF) is Health & Biotech Equities fund actively managed by AdvisorShares. Over the past 3 years, MLI returned 52.10%/yr vs 6.03%/yr for PSIL. At a 0.28 correlation, their price movements are largely independent.
Performance
MLI vs. PSIL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MLI achieves a 20.69% return, which is significantly higher than PSIL's 12.35% return.
MLI
- 1D
- -0.25%
- 1M
- 1.23%
- YTD
- 20.69%
- 6M
- 20.88%
- 1Y
- 87.45%
- 3Y*
- 52.10%
- 5Y*
- 45.38%
- 10Y*
- 26.81%
PSIL
- 1D
- -4.32%
- 1M
- -3.41%
- YTD
- 12.35%
- 6M
- 10.46%
- 1Y
- 52.66%
- 3Y*
- 6.03%
- 5Y*
- —
- 10Y*
- —
MLI vs. PSIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 20.69% | 46.29% | 70.51% | 62.38% | 1.05% | 37.45% |
PSIL AdvisorShares Psychedelics ETF | 12.35% | 74.55% | -19.50% | -25.12% | -67.24% | -42.72% |
Correlation
The correlation between MLI and PSIL is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021 | 0.28 |
The correlation between MLI and PSIL shifts across timeframes, from 0.16 (1 year) to 0.28 (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
MLI vs. PSIL — Risk / Return Rank
MLI
PSIL
MLI vs. PSIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Industries, Inc. (MLI) 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.
| MLI | PSIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.23 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 2.60 | +1.34 |
| Martin ratioReturn relative to average drawdown | 10.92 | 5.38 | +5.54 |
Loading charts...
Drawdowns
MLI vs. PSIL - Drawdown Comparison
The maximum MLI drawdown since its inception was -61.72%, smaller than the maximum PSIL drawdown of -92.72%. Use the drawdown chart below to compare losses from any high point for MLI and PSIL.
Loading charts...
Drawdown Indicators
| MLI | PSIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.72% | -92.72% | +31.00% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -20.38% | -1.95% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -64.62% | +36.83% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.95% | — | — |
Current DrawdownCurrent decline from peak | -1.93% | -78.15% | +76.22% |
Average DrawdownAverage peak-to-trough decline | -16.04% | -76.71% | +60.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 9.81% | -1.78% |
Volatility
MLI vs. PSIL - Volatility Comparison
The current volatility for Mueller Industries, Inc. (MLI) is 10.51%, while AdvisorShares Psychedelics ETF (PSIL) has a volatility of 12.21%. This indicates that MLI 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
| MLI | PSIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 12.21% | -1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 25.79% | 28.74% | -2.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.06% | 42.53% | -12.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.07% | 63.03% | -29.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 63.03% | -27.24% |
Dividends
MLI vs. PSIL - Dividend Comparison
MLI's dividend yield for the trailing twelve months is around 0.87%, less than PSIL's 8.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 0.87% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
PSIL AdvisorShares Psychedelics ETF | 8.90% | 10.95% | 1.49% | 0.24% | 2.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MLI and PSIL have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSIL has higher volatility (12.21%) compared to MLI (10.51%). In terms of maximum drawdown, MLI dropped -61.72% vs PSIL's -92.72%.
MLI currently has the higher Sharpe Ratio (2.93 vs 1.25), 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 MLI 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