PSIL vs. DBE

Last updated Jul 17, 2026

PSIL (AdvisorShares Psychedelics ETF) and DBE (Invesco DB Energy Fund) are both exchange-traded funds - PSIL is a Health & Biotech Equities fund actively managed by AdvisorShares, while DBE is a Oil & Gas fund tracking the DBIQ Optimum Yield Energy Index. PSIL is actively managed, while DBE is passively managed. Over the past 3 years, PSIL returned 10.87%/yr vs 17.96%/yr for DBE. At a 0.05 correlation, their price movements are largely independent. PSIL charges 1.00%/yr vs 0.78%/yr for DBE.

Performance

PSIL vs. DBE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Psychedelics ETF (PSIL) and Invesco DB Energy Fund (DBE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSIL achieves a 41.35% return, which is significantly lower than DBE's 68.39% return.

PSIL

• 1D: 3.09%
• 1M: 23.98%
• 6M: 40.74%
• YTD: 41.35%
• 1Y: 75.30%
• 3Y*: 10.87%
• 5Y*: —
• 10Y*: —

DBE

• 1D: -1.09%
• 1M: 6.25%
• 6M: 65.69%
• YTD: 68.39%
• 1Y: 57.64%
• 3Y*: 17.96%
• 5Y*: 17.10%
• 10Y*: 11.45%

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

PSIL vs. DBE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PSIL AdvisorShares Psychedelics ETF	41.35%	74.55%	-19.50%	-25.12%	-67.24%	-42.72%
DBE Invesco DB Energy Fund	68.39%	-2.17%	2.96%	-12.14%	33.77%	4.72%

Correlation

The correlation between PSIL and DBE is -0.15, 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	-0.15
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.05

The correlation between PSIL and DBE shifts across timeframes, from -0.15 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PSIL vs. DBE — Risk / Return Rank

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

PSIL

PSIL Risk / Return Rank: 67
PSIL Sharpe Ratio Rank: 71
PSIL Sortino Ratio Rank: 66
PSIL Omega Ratio Rank: 59
PSIL Calmar Ratio Rank: 85
PSIL Martin Ratio Rank: 56

DBE

DBE Risk / Return Rank: 57
DBE Sharpe Ratio Rank: 60
DBE Sortino Ratio Rank: 57
DBE Omega Ratio Rank: 55
DBE Calmar Ratio Rank: 58
DBE Martin Ratio Rank: 52

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. DBE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Psychedelics ETF (PSIL) and Invesco DB Energy Fund (DBE). 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	DBE	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.61	+0.22
Sortino ratio: Return per unit of downside risk	2.42	2.21	+0.21
Omega ratio: Gain probability vs. loss probability	1.29	1.28	+0.01
Calmar ratio: Return relative to maximum drawdown	3.71	2.34	+1.37
Martin ratio: Return relative to average drawdown	7.70	7.00	+0.70

PSIL vs. DBE - Sharpe Ratio Comparison

The current PSIL Sharpe Ratio is 1.83, which is comparable to the DBE Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PSIL and DBE, 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. DBE - Drawdown Comparison

The maximum PSIL drawdown since its inception was -92.72%, which is greater than DBE's maximum drawdown of -86.69%. Use the drawdown chart below to compare losses from any high point for PSIL and DBE.

Drawdown Indicators

	PSIL	DBE	Difference
Max Drawdown Largest peak-to-trough decline	-92.72%	-86.69%	-6.03%
Max Drawdown (1Y) Largest decline over 1 year	-20.38%	-24.72%	+4.34%
Max Drawdown (3Y) Largest decline over 3 years	-64.45%	-24.72%	-39.73%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-60.84%	—
Current Drawdown Current decline from peak	-72.51%	-36.07%	-36.44%
Average Drawdown Average peak-to-trough decline	-76.67%	-57.19%	-19.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.81%	8.26%	+1.55%

Volatility

PSIL vs. DBE - Volatility Comparison

AdvisorShares Psychedelics ETF (PSIL) has a higher volatility of 12.66% compared to Invesco DB Energy Fund (DBE) at 11.68%. This indicates that PSIL's price experiences larger fluctuations and is considered to be riskier than DBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSIL	DBE	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.66%	11.68%	+0.98%
Volatility (6M) Calculated over the trailing 6-month period	29.71%	32.70%	-2.99%
Volatility (1Y) Calculated over the trailing 1-year period	41.43%	35.99%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.79%	29.88%	+32.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.79%	28.39%	+34.40%

PSIL vs. DBE - Expense Ratio Comparison

PSIL has a 1.00% expense ratio, which is higher than DBE's 0.78% expense ratio.

Dividends

PSIL vs. DBE - Dividend Comparison

PSIL's dividend yield for the trailing twelve months is around 7.02%, more than DBE's 2.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DBE Invesco DB Energy Fund	2.29%	3.86%	6.32%	3.87%	0.75%	0.00%	0.00%	1.79%	1.67%
PSIL AdvisorShares Psychedelics ETF	7.02%	10.95%	1.49%	0.24%	2.91%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSIL and DBE in my portfolio?

PSIL and DBE have a correlation of -0.15, 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 DBE?

PSIL has higher volatility (12.66%) compared to DBE (11.68%). In terms of maximum drawdown, PSIL dropped -92.72% vs DBE's -86.69%.

Which ETF is better, PSIL or DBE?

On 3-year performance, DBE leads with 17.96% vs 10.87% for PSIL. On fees, DBE is cheaper at 0.78% per year. On volatility, DBE has been the lower-risk option at 11.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSIL or DBE?

Over the 3-year period, DBE has performed better with a 17.96% return vs 10.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSIL or DBE?

DBE is cheaper with a 0.78% expense ratio, compared with 1.00% for PSIL.

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

PSIL has the higher dividend yield at 7.02%, compared with 2.29% for DBE.

What is the main difference between PSIL and DBE?

PSIL is categorized as Health & Biotech Equities, while DBE is Oil & Gas. They also come from different issuers: AdvisorShares and Invesco. Their fees differ too: 1.00% for PSIL and 0.78% for DBE.

Which has better risk-adjusted returns?

PSIL currently has the higher Sharpe Ratio (1.83 vs 1.61), 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.