PSIL vs. XLVI

Last updated Jun 4, 2026

PSIL (AdvisorShares Psychedelics ETF) and XLVI (State Street Health Care Select Sector SPDR Premium Income ETF) are both exchange-traded funds - PSIL is a Health & Biotech Equities fund actively managed by AdvisorShares, while XLVI is a Derivative Income fund actively managed by State Street. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. PSIL charges 1.00%/yr vs 0.35%/yr for XLVI.

Performance

PSIL vs. XLVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Psychedelics ETF (PSIL) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSIL achieves a 20.15% return, which is significantly higher than XLVI's -0.67% return.

PSIL

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

XLVI

• 1D: 0.67%
• 1M: 2.30%
• YTD: -0.67%
• 6M: 0.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSIL vs. XLVI - Yearly Performance Comparison

	2026 (YTD)	2025
PSIL AdvisorShares Psychedelics ETF	20.15%	14.82%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	-0.67%	12.79%

Correlation

The correlation between PSIL and XLVI is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.31

PSIL vs. XLVI - Sectors Allocation Comparison

Sectors	PSIL	XLVI
Healthcare	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.6%
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

PSIL vs. XLVI — Risk / Return Rank

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

PSIL

PSIL Risk / Return Rank: 48
PSIL Sharpe Ratio Rank: 46
PSIL Sortino Ratio Rank: 43
PSIL Omega Ratio Rank: 43
PSIL Calmar Ratio Rank: 66
PSIL Martin Ratio Rank: 43

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. XLVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Psychedelics ETF (PSIL) and State Street Health Care Select Sector SPDR Premium Income ETF (XLVI). 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.

	PSIL	XLVI	Difference
Sharpe ratio: Return per unit of total volatility	1.58	—	—
Sortino ratio: Return per unit of downside risk	2.14	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	3.23	—	—
Martin ratio: Return relative to average drawdown	6.82	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PSIL	XLVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	1.33	-1.74

Drawdowns

PSIL vs. XLVI - Drawdown Comparison

The maximum PSIL drawdown since its inception was -92.72%, which is greater than XLVI's maximum drawdown of -8.14%. Use the drawdown chart below to compare losses from any high point for PSIL and XLVI.

Drawdown Indicators

	PSIL	XLVI	Difference
Max Drawdown Largest peak-to-trough decline	-92.72%	-8.14%	-84.58%
Max Drawdown (1Y) Largest decline over 1 year	-20.38%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-64.62%	—	—
Current Drawdown Current decline from peak	-76.63%	-4.02%	-72.61%
Average Drawdown Average peak-to-trough decline	-76.76%	-1.95%	-74.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.63%	—	—

Volatility

Volatility by Period

	PSIL	XLVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.80%	10.94%	+30.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.15%	10.94%	+52.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.15%	10.94%	+52.21%

PSIL vs. XLVI - Expense Ratio Comparison

PSIL has a 1.00% expense ratio, which is higher than XLVI's 0.35% expense ratio.

Dividends

PSIL vs. XLVI - Dividend Comparison

PSIL's dividend yield for the trailing twelve months is around 8.32%, less than XLVI's 11.53% yield.

Position	TTM	2025	2024	2023	2022
PSIL AdvisorShares Psychedelics ETF	8.32%	10.95%	1.49%	0.24%	2.91%
XLVI State Street Health Care Select Sector SPDR Premium Income ETF	11.53%	5.73%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSIL and XLVI in my portfolio?

PSIL and XLVI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSIL or XLVI?

On fees, XLVI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSIL or XLVI?

XLVI is cheaper with a 0.35% expense ratio, compared with 1.00% for PSIL.

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

XLVI has the higher dividend yield at 11.53%, compared with 8.32% for PSIL.

What is the main difference between PSIL and XLVI?

PSIL is categorized as Health & Biotech Equities, while XLVI is Derivative Income. They also come from different issuers: AdvisorShares and State Street. Their fees differ too: 1.00% for PSIL and 0.35% for XLVI.