AdvisorShares Psychedelics ETF (PSIL)
ETF Summary
The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from or devote 50% of their assets to psychedelic drugs and derivatives that have economic characteristics similar to such securities. The fund primarily invests in publicly listed life sciences companies focused on psychedelic medicines as well as other companies with activities in the psychedelics business. The fund is non-diversified.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
YTD Return | 4.92% |
5y Average Return | 0.00% |
Rank in Category (ytd) | -- |
% Rank in Category (ytd) | -- |
Beta (5Y Monthly) | 0.76 |
Morningstar Risk Rating | -- |
Risk Statistics
3 Years | 5 Years | 10 Years | ||||
---|---|---|---|---|---|---|
PSIL | Category Average | PSIL | Category Average | PSIL | Category Average | |
Alpha | -31.03 | -- | 0 | -- | 0 | -- |
BETA | 0.76 | -- | 0 | -- | 0 | -- |
Mean Annual Return | -1.99 | -- | 0 | -- | 0 | -- |
R-squared | 4.99 | -- | 0 | -- | 0 | -- |
Standard Deviation | 54.6 | -- | 0 | -- | 0 | -- |
Sharpe Ratio | -0.52 | -- | 0 | -- | 0 | -- |
Treynor Ratio | -47.64 | -- | 0 | -- | 0 | -- |