BOE vs PSIL
BlackRock Enhanced Global Dividend Trust vs ADVISORSHARES PSYCHEDELICS ETF
Which is better, BOE or PSIL?
Each has led over a different period.
BOE has a lower expense ratio. BOE led over 3Y, 5Y and the full window, PSIL over 1Y. BOE is less concentrated, with 35.7% of the fund in its ten largest positions against 64.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BOE | PSIL |
|---|---|---|
| Expense Ratio | 0.90%Best | 1.00% |
| AUM | $737M | $44M |
| Dividend Yield | 7.52% | 7.45% |
| Holdings | 169 | 33 |
| YTD Return | +4.82% | +16.80%Best |
| 1Y Return | +9.32% | +9.75%Best |
| 3Y Return (annualized) | +16.03%Best | +14.39% |
| 5Y Return (annualized) | +7.46%Best | -23.59% |
| Volatility (annualized) | 14.6%Best | 49.1% |
| Max Drawdown | -26.1%Best | -92.7% |
| $10,000 over 5 years | $14,330Best | $2,605 |
| Top 10 Weight | 35.7%Best | 64.2% |
| Fund Family | BlackRock, Inc. (US) | Advisor Shares |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 26, 2005 | Sep 15, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
BOE vs PSIL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
BOE vs PSIL Performance
BlackRock Enhanced Global Dividend Trust (BOE) is an ETF from BlackRock, Inc. (US) and ADVISORSHARES PSYCHEDELICS ETF (PSIL) is an ETF from Advisor Shares. Over the past year BOE returned +9.32% while PSIL returned +9.75%. Year to date, BOE is up 4.82% versus a gain of 16.80% for PSIL.
Over three years, BOE compounded at +16.03% per year against +14.39% for PSIL; over five years the annualized figures are +7.46% and -23.59% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSIL has been the more volatile fund, with annualized monthly volatility of 49.1% compared with 14.6% for BOE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.1% for BOE and -92.7% for PSIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BOE charges 0.90% per year while PSIL charges 1.00%. On a $10,000 position that is $90 vs $100 annually, a gap of $10 per year that compounds over a long holding period. On income, BOE currently yields 7.52% against 7.45% for PSIL.
Holdings Overlap
2.5% of BOE's money is in holdings PSIL also owns. 4.3% of PSIL's money is in holdings BOE also owns.
PSIL and BOE share little of their money.
The two holdings books were reported 94 days apart, BOE as of Jun 30, 2026 and PSIL as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 51 positions we hold weights for in BOE and 29 in PSIL, against full books of 169 and 33.
What only one of them owns
Our book lists 18 positions for PSIL that do not appear in our book for BOE (58.2% of the fund), and 26 for BOE that do not appear in PSIL (53.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BOE | Weight in PSIL | Difference |
|---|---|---|---|
| JNJJohnson & Johnson - Common | 2.45% | 4.33% | 1.88% |
You are not choosing between two funds in isolation.
Whichever of BOE and PSIL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BOE or PSIL?
BOE has an expense ratio of 0.90% while PSIL charges 1.00%. BOE is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, BOE or PSIL?
Over the past year BOE returned +9.32% vs +9.75% for PSIL, so PSIL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOE or PSIL?
PSIL has been the more volatile fund at 49.1% annualized versus 14.6% for BOE. Worst drawdown: BOE -26.1% vs PSIL -92.7%.
Should I hold both BOE and PSIL?
BOE and PSIL have a monthly-return correlation of 0.30, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BOE and PSIL?
4.3% of PSIL's money is in holdings BOE also owns. 4.3% of PSIL's is in holdings BOE also owns. They hold 1 positions in common, counted across the 51 positions we hold weights for in BOE and 29 in PSIL.
Which pays a higher dividend, BOE or PSIL?
BOE yields 7.52% while PSIL yields 7.45%, so BOE currently pays the higher dividend yield.
Is PSIL better than BOE?
BOE has a lower expense ratio. BOE led over 3Y, 5Y and the full window, PSIL over 1Y. BOE is less concentrated, with 35.7% of the fund in its ten largest positions against 64.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.