PBD vs. PSIL

Last updated Jun 16, 2026

PBD (Invesco Global Clean Energy ETF) and PSIL (AdvisorShares Psychedelics ETF) are both exchange-traded funds - PBD is a Alternative Energy Equities fund tracking the WilderHill New Energy Global Innovation index, while PSIL is a Health & Biotech Equities fund actively managed by AdvisorShares. PBD is passively managed, while PSIL is actively managed. Over the past 3 years, PBD returned 4.61%/yr vs 6.03%/yr for PSIL. At a 0.43 correlation, their price movements are largely independent. PBD charges 0.75%/yr vs 1.00%/yr for PSIL.

Performance

PBD vs. PSIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Clean Energy ETF (PBD) 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, PBD achieves a 28.03% return, which is significantly higher than PSIL's 12.35% return.

PBD

• 1D: 0.84%
• 1M: -3.12%
• YTD: 28.03%
• 6M: 27.73%
• 1Y: 72.58%
• 3Y*: 4.61%
• 5Y*: -5.27%
• 10Y*: 9.10%

PSIL

• 1D: -4.32%
• 1M: -3.41%
• YTD: 12.35%
• 6M: 10.46%
• 1Y: 52.66%
• 3Y*: 6.03%
• 5Y*: —
• 10Y*: —

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

PBD vs. PSIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PBD Invesco Global Clean Energy ETF	28.03%	43.65%	-26.39%	-10.69%	-29.70%	-8.86%
PSIL AdvisorShares Psychedelics ETF	12.35%	74.55%	-19.50%	-25.12%	-67.24%	-42.72%

Correlation

The correlation between PBD and PSIL is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.43

PBD vs. PSIL - Sectors Allocation Comparison

Sectors	PBD	PSIL
Industrials	44.4%	-
Consumer Cyclical	12.5%	-
Energy	12.2%	-
Utilities	11.7%	-
Technology	7.3%	-
Basic Materials	3.2%	-
Financial Services	1.1%	-
Consumer Defensive	0.9%	-
Communication Services	-	-
Healthcare	-	100.0%
Real Estate	-	-

Return for Risk

PBD vs. PSIL — Risk / Return Rank

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

PBD

PBD Risk / Return Rank: 89
PBD Sharpe Ratio Rank: 92
PBD Sortino Ratio Rank: 86
PBD Omega Ratio Rank: 85
PBD Calmar Ratio Rank: 92
PBD Martin Ratio Rank: 91

PSIL

PSIL Risk / Return Rank: 39
PSIL Sharpe Ratio Rank: 35
PSIL Sortino Ratio Rank: 35
PSIL Omega Ratio Rank: 34
PSIL Calmar Ratio Rank: 54
PSIL Martin Ratio Rank: 36

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.

PBD vs. PSIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy ETF (PBD) 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.

	PBD	PSIL	Difference
Sharpe ratio: Return per unit of total volatility	2.95	1.25	+1.70
Sortino ratio: Return per unit of downside risk	3.52	1.80	+1.73
Omega ratio: Gain probability vs. loss probability	1.47	1.23	+0.24
Calmar ratio: Return relative to maximum drawdown	5.71	2.60	+3.11
Martin ratio: Return relative to average drawdown	19.24	5.38	+13.85

PBD vs. PSIL - Sharpe Ratio Comparison

The current PBD Sharpe Ratio is 2.95, which is higher than the PSIL Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of PBD 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.

Drawdowns

PBD vs. PSIL - Drawdown Comparison

The maximum PBD drawdown since its inception was -78.60%, smaller than the maximum PSIL drawdown of -92.72%. Use the drawdown chart below to compare losses from any high point for PBD and PSIL.

Drawdown Indicators

	PBD	PSIL	Difference
Max Drawdown Largest peak-to-trough decline	-78.60%	-92.72%	+14.12%
Max Drawdown (1Y) Largest decline over 1 year	-12.78%	-20.38%	+7.60%
Max Drawdown (3Y) Largest decline over 3 years	-52.45%	-64.62%	+12.17%
Max Drawdown (5Y) Largest decline over 5 years	-69.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-75.40%	—	—
Current Drawdown Current decline from peak	-43.63%	-78.15%	+34.52%
Average Drawdown Average peak-to-trough decline	-53.37%	-76.71%	+23.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.78%	9.81%	-6.03%

Volatility

PBD vs. PSIL - Volatility Comparison

The current volatility for Invesco Global Clean Energy ETF (PBD) is 10.96%, while AdvisorShares Psychedelics ETF (PSIL) has a volatility of 12.21%. This indicates that PBD 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

	PBD	PSIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.96%	12.21%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	19.02%	28.74%	-9.72%
Volatility (1Y) Calculated over the trailing 1-year period	24.81%	42.53%	-17.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.59%	63.03%	-34.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.35%	63.03%	-35.68%

PBD vs. PSIL - Expense Ratio Comparison

PBD has a 0.75% expense ratio, which is lower than PSIL's 1.00% expense ratio.

Dividends

PBD vs. PSIL - Dividend Comparison

PBD's dividend yield for the trailing twelve months is around 1.76%, less than PSIL's 8.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PBD Invesco Global Clean Energy ETF	1.76%	2.71%	1.81%	2.85%	2.98%	0.67%	0.48%	1.83%	1.86%	1.76%	2.04%	1.24%
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

Can I hold both PBD and PSIL in my portfolio?

PBD and PSIL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PBD or PSIL?

PSIL has higher volatility (12.21%) compared to PBD (10.96%). In terms of maximum drawdown, PBD dropped -78.60% vs PSIL's -92.72%.

Which ETF is better, PBD or PSIL?

On 3-year performance, PSIL leads with 6.03% vs 4.61% for PBD. On fees, PBD is cheaper at 0.75% per year. On volatility, PBD has been the lower-risk option at 10.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PBD or PSIL?

Over the 3-year period, PSIL has performed better with a 6.03% return vs 4.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PBD or PSIL?

PBD is cheaper with a 0.75% expense ratio, compared with 1.00% for PSIL.

Which ETF pays a higher dividend yield, PBD or PSIL?

PSIL has the higher dividend yield at 8.90%, compared with 1.76% for PBD.

What is the main difference between PBD and PSIL?

PBD is categorized as Alternative Energy Equities, while PSIL is Health & Biotech Equities. They also come from different issuers: Invesco and AdvisorShares. Their fees differ too: 0.75% for PBD and 1.00% for PSIL.

Which has better risk-adjusted returns?

PBD currently has the higher Sharpe Ratio (2.95 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.