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PSIL vs. IHE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PSIL vs. IHE

Last updated Jun 4, 2026

PSIL (AdvisorShares Psychedelics ETF) and IHE (iShares U.S. Pharmaceuticals ETF) are both Health & Biotech Equities funds. PSIL is actively managed, while IHE is passively managed. Over the past 3 years, PSIL returned 9.55%/yr vs 17.47%/yr for IHE. At a 0.32 correlation, their price movements are largely independent. PSIL charges 1.00%/yr vs 0.42%/yr for IHE.

Performance

PSIL vs. IHE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Psychedelics ETF (PSIL) and iShares U.S. Pharmaceuticals ETF (IHE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PSIL achieves a 20.15% return, which is significantly higher than IHE's 6.47% return.

PSIL

1D
-2.57%
1M
1.88%
YTD
20.15%
6M
23.74%
1Y
65.52%
3Y*
9.55%
5Y*
—
10Y*
—

IHE

1D
1.16%
1M
1.80%
YTD
6.47%
6M
8.51%
1Y
40.15%
3Y*
17.47%
5Y*
9.98%
10Y*
7.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PSIL vs. IHE - Yearly Performance Comparison

2026 (YTD)20252024202320222021
PSIL
AdvisorShares Psychedelics ETF		20.15%74.55%-19.50%-25.12%-67.24%-41.98%
IHE
iShares U.S. Pharmaceuticals ETF		6.47%31.69%8.13%1.06%-4.87%7.64%

Correlation

The correlation between PSIL and IHE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Sep 17, 2021

0.32

PSIL vs. IHE - Sectors Allocation Comparison

Sectors
PSIL
IHE

Healthcare

100.0%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Financial Services

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Healthcare

PSIL
100.0%
IHE
100.0%

Basic Materials

PSIL

-

IHE

-

Communication Services

PSIL

-

IHE

-

Consumer Cyclical

PSIL

-

IHE

-

Consumer Defensive

PSIL

-

IHE

-

Energy

PSIL

-

IHE

-

Financial Services

PSIL

-

IHE

-

Industrials

PSIL

-

IHE

-

Real Estate

PSIL

-

IHE

-

Technology

PSIL

-

IHE

-

Utilities

PSIL

-

IHE

-

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AdvisorShares Psychedelics ETF

iShares U.S. Pharmaceuticals ETF

Often compared with PSIL:
PSIL vs. XLVPSIL vs. XHEPSIL vs. AADRPSIL vs. FMEDPSIL vs. IBBPSIL vs. VHTPSIL vs. SPAQ
Often compared with IHE:
IHE vs. PPHIHE vs. XPHIHE vs. XLVIHE vs. VYMIHE vs. PJPIHE vs. IAKIHE vs. BBP

Return for Risk

PSIL vs. IHE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PSIL
PSIL Risk / Return Rank: 4848
Overall Rank
PSIL Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
PSIL Sortino Ratio Rank: 4343
Sortino Ratio Rank
PSIL Omega Ratio Rank: 4343
Omega Ratio Rank
PSIL Calmar Ratio Rank: 6666
Calmar Ratio Rank
PSIL Martin Ratio Rank: 4343
Martin Ratio Rank
IHE
IHE Risk / Return Rank: 7474
Overall Rank
IHE Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
IHE Sortino Ratio Rank: 7575
Sortino Ratio Rank
IHE Omega Ratio Rank: 6565
Omega Ratio Rank
IHE Calmar Ratio Rank: 8585
Calmar Ratio Rank
IHE Martin Ratio Rank: 7575
Martin Ratio Rank
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. IHE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Psychedelics ETF (PSIL) and iShares U.S. Pharmaceuticals ETF (IHE). 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.

PSILIHEDifference
Sharpe ratioReturn per unit of total volatility
1.58
2.36

-0.79

Sortino ratioReturn per unit of downside risk
2.14
3.43

-1.29

Omega ratioGain probability vs. loss probability

1.27

1.40

-0.13

Calmar ratioReturn relative to maximum drawdown

3.23

4.76

-1.53

Martin ratioReturn relative to average drawdown

6.82

14.35

-7.52

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSIL vs. IHE - Sharpe Ratio Comparison

The current PSIL Sharpe Ratio is 1.58, which is lower than the IHE Sharpe Ratio of 2.36. The chart below compares the historical Sharpe Ratios of PSIL and IHE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PSILIHEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

2.36

-0.79

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.62

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.43

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.42

0.51

-0.92

Drawdowns

PSIL vs. IHE - Drawdown Comparison

The maximum PSIL drawdown since its inception was -92.72%, which is greater than IHE's maximum drawdown of -38.20%. Use the drawdown chart below to compare losses from any high point for PSIL and IHE.

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Drawdown Indicators

PSILIHEDifference

Max Drawdown

Largest peak-to-trough decline

-92.72%

-38.20%

-54.52%

Max Drawdown (1Y)

Largest decline over 1 year

-20.38%

-8.47%

-11.91%

Max Drawdown (3Y)

Largest decline over 3 years

-64.62%

-15.92%

-48.70%

Max Drawdown (5Y)

Largest decline over 5 years

—

-16.03%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-29.59%

—

Current Drawdown

Current decline from peak

-76.63%

-2.80%

-73.83%

Average Drawdown

Average peak-to-trough decline

-76.76%

-7.92%

-68.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.63%

2.81%

+6.82%

Volatility

PSIL vs. IHE - Volatility Comparison

AdvisorShares Psychedelics ETF (PSIL) has a higher volatility of 9.76% compared to iShares U.S. Pharmaceuticals ETF (IHE) at 5.53%. This indicates that PSIL's price experiences larger fluctuations and is considered to be riskier than IHE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PSILIHEDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.76%

5.53%

+4.23%

Volatility (6M)

Calculated over the trailing 6-month period

27.89%

12.48%

+15.41%

Volatility (1Y)

Calculated over the trailing 1-year period

41.80%

17.07%

+24.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

63.15%

16.24%

+46.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

63.15%

18.05%

+45.10%

PSIL vs. IHE - Expense Ratio Comparison

PSIL has a 1.00% expense ratio, which is higher than IHE's 0.42% expense ratio.

Dividends

PSIL vs. IHE - Dividend Comparison

PSIL's dividend yield for the trailing twelve months is around 8.32%, more than IHE's 1.65% yield.

PositionTTM20252024202320222021202020192018201720162015
IHE
iShares U.S. Pharmaceuticals ETF		1.65%1.76%1.73%1.39%2.01%1.49%1.19%1.40%1.25%1.36%0.92%1.93%
PSIL
AdvisorShares Psychedelics ETF		8.32%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

PSIL and IHE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PSIL has higher volatility (9.76%) compared to IHE (5.53%). In terms of maximum drawdown, PSIL dropped -92.72% vs IHE's -38.20%.

On 3-year performance, IHE leads with 17.47% vs 9.55% for PSIL. On fees, IHE is cheaper at 0.42% per year. On volatility, IHE has been the lower-risk option at 5.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, IHE has performed better with a 17.47% return vs 9.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IHE is cheaper with a 0.42% expense ratio, compared with 1.00% for PSIL.

PSIL has the higher dividend yield at 8.32%, compared with 1.65% for IHE.

They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 1.00% for PSIL and 0.42% for IHE.

IHE currently has the higher Sharpe Ratio (2.36 vs 1.58), 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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