PJP vs. PSIL
PJP (Invesco Dynamic Pharmaceuticals ETF) and PSIL (AdvisorShares Psychedelics ETF) are both Health & Biotech Equities funds. PJP is passively managed, while PSIL is actively managed. Over the past 3 years, PJP returned 17.41%/yr vs 11.93%/yr for PSIL. Their 0.35 correlation means their historical movements had little consistent relationship. PJP charges 0.58%/yr vs 1.00%/yr for PSIL.
Performance
PJP vs. PSIL - Performance Comparison
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Returns By Period
In the year-to-date period, PJP achieves a 16.81% return, which is significantly lower than PSIL's 36.87% return.
PJP
- 1D
- -1.10%
- 1M
- 0.44%
- 6M
- 16.01%
- YTD
- 16.81%
- 1Y
- 48.98%
- 3Y*
- 17.41%
- 5Y*
- 9.51%
- 10Y*
- 6.97%
- ALL TIME*
- 11.74%
PSIL
- 1D
- -1.14%
- 1M
- 1.16%
- 6M
- 40.80%
- YTD
- 36.87%
- 1Y
- 60.42%
- 3Y*
- 11.93%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -23.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.48M | $7.14M | $3.39M | |
| $992.95K | $1.18M | $917.29K |
PJP vs. PSIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PJP Invesco Dynamic Pharmaceuticals ETF | 16.81% | 27.98% | 9.63% | -2.18% | -2.16% | 2.85% |
PSIL AdvisorShares Psychedelics ETF | 36.87% | 74.55% | -19.50% | -25.12% | -67.24% | -42.72% |
Correlation
The correlation between PJP and PSIL is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021 | 0.35 |
PJP vs. PSIL - Sectors Allocation Comparison
Sectors
PJP
PSIL
Healthcare
Financial Services
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
-
Industrials
-
-
Real Estate
-
-
Technology
-
-
Utilities
-
-
Healthcare
PJP
PSIL
Financial Services
PJP
PSIL
-
Basic Materials
PJP
-
PSIL
-
Communication Services
PJP
-
PSIL
-
Consumer Cyclical
PJP
-
PSIL
-
Consumer Defensive
PJP
-
PSIL
-
Energy
PJP
-
PSIL
-
Industrials
PJP
-
PSIL
-
Real Estate
PJP
-
PSIL
-
Technology
PJP
-
PSIL
-
Utilities
PJP
-
PSIL
-
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Return for Risk
PJP vs. PSIL — Risk / Return Rank
PJP
PSIL
PJP vs. PSIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Dynamic Pharmaceuticals ETF (PJP) 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.
| PJP | PSIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.39 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.23 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 5.53 | 2.69 | +2.85 |
| Martin ratioReturn relative to average drawdown | 17.34 | 5.59 | +11.75 |
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Drawdowns
PJP vs. PSIL - Drawdown Comparison
The maximum PJP drawdown since its inception was -37.06%, smaller than the maximum PSIL drawdown of -92.72%. Use the drawdown chart below to compare losses from any high point for PJP and PSIL.
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Drawdown Indicators
| PJP | PSIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.06% | -92.72% | +55.66% |
Max Drawdown (1Y)Largest decline over 1 year | -9.44% | -20.38% | +10.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.27% | -61.25% | +44.98% |
Max Drawdown (5Y)Largest decline over 5 years | -17.51% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.95% | — | — |
Current DrawdownCurrent decline from peak | -1.10% | -73.38% | +72.28% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -76.64% | +67.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 9.78% | -6.77% |
Volatility
PJP vs. PSIL - Volatility Comparison
The current volatility for Invesco Dynamic Pharmaceuticals ETF (PJP) is 5.97%, while AdvisorShares Psychedelics ETF (PSIL) has a volatility of 8.09%. This indicates that PJP 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.
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Volatility by Period
| PJP | PSIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.97% | 8.09% | -2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 13.25% | 29.57% | -16.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.00% | 40.73% | -23.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.37% | 62.54% | -46.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.38% | 62.54% | -44.16% |
PJP vs. PSIL - Expense Ratio Comparison
PJP has a 0.58% expense ratio, which is lower than PSIL's 1.00% expense ratio.
Dividends
PJP vs. PSIL - Dividend Comparison
PJP's dividend yield for the trailing twelve months is around 0.88%, less than PSIL's 7.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PJP Invesco Dynamic Pharmaceuticals ETF | 0.88% | 0.98% | 0.97% | 1.01% | 0.95% | 0.81% | 0.75% | 0.77% | 1.12% | 0.65% | 0.91% | 5.49% |
PSIL AdvisorShares Psychedelics ETF | 7.25% | 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
PJP 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.
PSIL has higher volatility (8.09%) compared to PJP (5.97%). In terms of maximum drawdown, PJP dropped -37.06% vs PSIL's -92.72%.
On 3-year performance, PJP leads with 17.41% vs 11.93% for PSIL. On fees, PJP is cheaper at 0.58% per year. On volatility, PJP has been the lower-risk option at 5.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, PJP has performed better with a 17.41% return vs 11.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PJP is cheaper with a 0.58% expense ratio, compared with 1.00% for PSIL.
PSIL has the higher dividend yield at 7.25%, compared with 0.88% for PJP.
They also come from different issuers: Invesco and AdvisorShares. Their fees differ too: 0.58% for PJP and 1.00% for PSIL.
PJP currently has the higher Sharpe Ratio (3.10 vs 1.35), 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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