XLVI vs. PSIL

Last updated Jun 4, 2026

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

Performance

XLVI vs. PSIL - Performance Comparison

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

Returns By Period

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

XLVI

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

PSIL

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

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

XLVI vs. PSIL - Yearly Performance Comparison

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

Correlation

The correlation between XLVI and PSIL 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

XLVI vs. PSIL - Sectors Allocation Comparison

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

Return for Risk

XLVI vs. PSIL — 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.

XLVI vs. PSIL - Risk-Adjusted Trends Comparison

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

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

Drawdowns

XLVI vs. PSIL - Drawdown Comparison

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

Drawdown Indicators

	XLVI	PSIL	Difference
Max Drawdown Largest peak-to-trough decline	-8.14%	-92.72%	+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	-4.02%	-76.63%	+72.61%
Average Drawdown Average peak-to-trough decline	-1.95%	-76.76%	+74.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.63%	—

Volatility

Volatility by Period

	XLVI	PSIL	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	10.94%	41.80%	-30.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.94%	63.15%	-52.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.94%	63.15%	-52.21%

XLVI vs. PSIL - Expense Ratio Comparison

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

Dividends

XLVI vs. PSIL - Dividend Comparison

XLVI's dividend yield for the trailing twelve months is around 11.53%, more than PSIL's 8.32% 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 XLVI and PSIL in my portfolio?

XLVI and PSIL 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, XLVI or PSIL?

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, XLVI or PSIL?

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

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

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

What is the main difference between XLVI and PSIL?

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