PSIL vs. ACLO

Last updated Jul 12, 2026

PSIL (AdvisorShares Psychedelics ETF) and ACLO (TCW AAA CLO ETF) are both exchange-traded funds - PSIL is a Health & Biotech Equities fund actively managed by AdvisorShares, while ACLO is a CLO fund actively managed by TCW. Both are actively managed. Over the past year, PSIL returned 73.07% vs 5.19% for ACLO. At a 0.01 correlation, their price movements are largely independent. PSIL charges 1.00%/yr vs 0.20%/yr for ACLO.

Performance

PSIL vs. ACLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Psychedelics ETF (PSIL) and TCW AAA CLO ETF (ACLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSIL achieves a 38.09% return, which is significantly higher than ACLO's 2.69% return.

PSIL

• 1D: -1.70%
• 1M: 17.61%
• 6M: 37.45%
• YTD: 38.09%
• 1Y: 73.07%
• 3Y*: 11.14%
• 5Y*: —
• 10Y*: —

ACLO

• 1D: 0.02%
• 1M: 0.38%
• 6M: 2.47%
• YTD: 2.69%
• 1Y: 5.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSIL vs. ACLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PSIL AdvisorShares Psychedelics ETF	38.09%	74.55%	-12.26%
ACLO TCW AAA CLO ETF	2.69%	5.32%	0.81%

Correlation

The correlation between PSIL and ACLO is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.09
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024	0.01

The correlation between PSIL and ACLO shifts across timeframes, from -0.09 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PSIL vs. ACLO — Risk / Return Rank

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

PSIL

PSIL Risk / Return Rank: 66
PSIL Sharpe Ratio Rank: 69
PSIL Sortino Ratio Rank: 64
PSIL Omega Ratio Rank: 58
PSIL Calmar Ratio Rank: 84
PSIL Martin Ratio Rank: 55

ACLO

ACLO Risk / Return Rank: 99
ACLO Sharpe Ratio Rank: 99
ACLO Sortino Ratio Rank: 99
ACLO Omega Ratio Rank: 99
ACLO Calmar Ratio Rank: 99
ACLO Martin Ratio Rank: 99

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.

PSIL vs. ACLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Psychedelics ETF (PSIL) and TCW AAA CLO ETF (ACLO). 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.

	PSIL	ACLO	Difference
Sharpe ratio: Return per unit of total volatility	1.78	7.19	-5.41
Sortino ratio: Return per unit of downside risk	2.38	14.83	-12.45
Omega ratio: Gain probability vs. loss probability	1.29	3.38	-2.09
Calmar ratio: Return relative to maximum drawdown	3.61	19.47	-15.85
Martin ratio: Return relative to average drawdown	7.50	161.89	-154.38

PSIL vs. ACLO - Sharpe Ratio Comparison

The current PSIL Sharpe Ratio is 1.78, which is lower than the ACLO Sharpe Ratio of 7.19. The chart below compares the historical Sharpe Ratios of PSIL and ACLO, 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

PSIL vs. ACLO - Drawdown Comparison

The maximum PSIL drawdown since its inception was -92.72%, which is greater than ACLO's maximum drawdown of -1.01%. Use the drawdown chart below to compare losses from any high point for PSIL and ACLO.

Drawdown Indicators

	PSIL	ACLO	Difference
Max Drawdown Largest peak-to-trough decline	-92.72%	-1.01%	-91.71%
Max Drawdown (1Y) Largest decline over 1 year	-20.38%	-0.27%	-20.11%
Max Drawdown (3Y) Largest decline over 3 years	-64.45%	—	—
Current Drawdown Current decline from peak	-73.14%	0.00%	-73.14%
Average Drawdown Average peak-to-trough decline	-76.68%	-0.04%	-76.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.80%	0.03%	+9.77%

Volatility

PSIL vs. ACLO - Volatility Comparison

AdvisorShares Psychedelics ETF (PSIL) has a higher volatility of 13.49% compared to TCW AAA CLO ETF (ACLO) at 0.19%. This indicates that PSIL's price experiences larger fluctuations and is considered to be riskier than ACLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSIL	ACLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.49%	0.19%	+13.30%
Volatility (6M) Calculated over the trailing 6-month period	29.63%	0.56%	+29.07%
Volatility (1Y) Calculated over the trailing 1-year period	41.28%	0.73%	+40.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.86%	1.06%	+61.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.86%	1.06%	+61.80%

PSIL vs. ACLO - Expense Ratio Comparison

PSIL has a 1.00% expense ratio, which is higher than ACLO's 0.20% expense ratio.

Dividends

PSIL vs. ACLO - Dividend Comparison

PSIL's dividend yield for the trailing twelve months is around 7.19%, more than ACLO's 4.90% yield.

Position	TTM	2025	2024	2023	2022
ACLO TCW AAA CLO ETF	4.90%	4.87%	0.59%	0.00%	0.00%
PSIL AdvisorShares Psychedelics ETF	7.19%	10.95%	1.49%	0.24%	2.91%

Frequently Asked Questions

Can I hold both PSIL and ACLO in my portfolio?

PSIL and ACLO have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSIL or ACLO?

PSIL has higher volatility (13.49%) compared to ACLO (0.19%). In terms of maximum drawdown, PSIL dropped -92.72% vs ACLO's -1.01%.

Which ETF is better, PSIL or ACLO?

On 1-year performance, PSIL leads with 73.07% vs 5.19% for ACLO. On fees, ACLO is cheaper at 0.20% per year. On volatility, ACLO has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSIL or ACLO?

Over the 1-year period, PSIL has performed better with a 73.07% return vs 5.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSIL or ACLO?

ACLO is cheaper with a 0.20% expense ratio, compared with 1.00% for PSIL.

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

PSIL has the higher dividend yield at 7.19%, compared with 4.90% for ACLO.

What is the main difference between PSIL and ACLO?

PSIL is categorized as Health & Biotech Equities, while ACLO is CLO. They also come from different issuers: AdvisorShares and TCW. Their fees differ too: 1.00% for PSIL and 0.20% for ACLO.

Which has better risk-adjusted returns?

ACLO currently has the higher Sharpe Ratio (7.19 vs 1.78), 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.