PSIL vs. IHI
PSIL (AdvisorShares Psychedelics ETF) and IHI (iShares U.S. Medical Devices ETF) are both Health & Biotech Equities funds. PSIL is actively managed, while IHI is passively managed. Over the past 3 years, PSIL returned 11.93%/yr vs -1.46%/yr for IHI. Their 0.29 correlation means their historical movements had little consistent relationship. PSIL charges 1.00%/yr vs 0.38%/yr for IHI.
Performance
PSIL vs. IHI - Performance Comparison
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Returns By Period
In the year-to-date period, PSIL achieves a 36.87% return, which is significantly higher than IHI's -15.32% return.
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%
IHI
- 1D
- -0.44%
- 1M
- 1.21%
- 6M
- -12.40%
- YTD
- -15.32%
- 1Y
- -11.60%
- 3Y*
- -1.46%
- 5Y*
- -3.35%
- 10Y*
- 8.58%
- ALL TIME*
- 10.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $145.90M | $167.07M | $148.77M | |
| $992.95K | $1.18M | $917.29K |
PSIL vs. IHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PSIL AdvisorShares Psychedelics ETF | 36.87% | 74.55% | -19.50% | -25.12% | -67.24% | -42.72% |
IHI iShares U.S. Medical Devices ETF | -15.32% | 6.88% | 8.62% | 3.24% | -19.80% | 0.05% |
Correlation
The correlation between PSIL and IHI is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021 | 0.29 |
PSIL vs. IHI - Sectors Allocation Comparison
Sectors
PSIL
IHI
Healthcare
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
-
Financial Services
-
-
Industrials
-
Real Estate
-
-
Technology
-
Utilities
-
-
Healthcare
PSIL
IHI
Basic Materials
PSIL
-
IHI
-
Communication Services
PSIL
-
IHI
-
Consumer Cyclical
PSIL
-
IHI
-
Consumer Defensive
PSIL
-
IHI
-
Energy
PSIL
-
IHI
-
Financial Services
PSIL
-
IHI
-
Industrials
PSIL
-
IHI
Real Estate
PSIL
-
IHI
-
Technology
PSIL
-
IHI
Utilities
PSIL
-
IHI
-
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Return for Risk
PSIL vs. IHI — Risk / Return Rank
PSIL
IHI
PSIL vs. IHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Psychedelics ETF (PSIL) and iShares U.S. Medical Devices ETF (IHI). 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 | IHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.94 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.92 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | -0.45 | +3.14 |
| Martin ratioReturn relative to average drawdown | 5.59 | -0.88 | +6.47 |
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Drawdowns
PSIL vs. IHI - Drawdown Comparison
The maximum PSIL drawdown since its inception was -92.72%, which is greater than IHI's maximum drawdown of -49.65%. Use the drawdown chart below to compare losses from any high point for PSIL and IHI.
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Drawdown Indicators
| PSIL | IHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.72% | -49.65% | -43.07% |
Max Drawdown (1Y)Largest decline over 1 year | -20.38% | -26.11% | +5.73% |
Max Drawdown (3Y)Largest decline over 3 years | -61.25% | -26.64% | -34.61% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.25% | — |
Current DrawdownCurrent decline from peak | -73.38% | -20.04% | -53.34% |
Average DrawdownAverage peak-to-trough decline | -76.64% | -8.43% | -68.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.78% | 13.27% | -3.49% |
Volatility
PSIL vs. IHI - Volatility Comparison
The current volatility for AdvisorShares Psychedelics ETF (PSIL) is 8.09%, while iShares U.S. Medical Devices ETF (IHI) has a volatility of 9.58%. This indicates that PSIL experiences smaller price fluctuations and is considered to be less risky than IHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSIL | IHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.09% | 9.58% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 29.57% | 16.58% | +12.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.73% | 19.90% | +20.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.54% | 19.55% | +42.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.54% | 20.01% | +42.53% |
PSIL vs. IHI - Expense Ratio Comparison
PSIL has a 1.00% expense ratio, which is higher than IHI's 0.38% expense ratio.
Dividends
PSIL vs. IHI - Dividend Comparison
PSIL's dividend yield for the trailing twelve months is around 7.25%, more than IHI's 0.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHI iShares U.S. Medical Devices ETF | 0.46% | 0.34% | 0.46% | 0.53% | 0.45% | 0.25% | 0.25% | 0.33% | 0.26% | 0.37% | 0.55% | 1.28% |
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
PSIL and IHI have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IHI has higher volatility (9.58%) compared to PSIL (8.09%). In terms of maximum drawdown, PSIL dropped -92.72% vs IHI's -49.65%.
On 3-year performance, PSIL leads with 11.93% vs -1.46% for IHI. On fees, IHI is cheaper at 0.38% per year. On volatility, PSIL has been the lower-risk option at 8.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, PSIL has performed better with a 11.93% return vs -1.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IHI is cheaper with a 0.38% expense ratio, compared with 1.00% for PSIL.
PSIL has the higher dividend yield at 7.25%, compared with 0.46% for IHI.
They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 1.00% for PSIL and 0.38% for IHI.
PSIL currently has the higher Sharpe Ratio (1.35 vs -0.59), 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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