DFNL vs PSIL
Davis Select Financial ETF vs ADVISORSHARES PSYCHEDELICS ETF
Which is better, DFNL or PSIL?
Each has led over a different period.
DFNL has a lower expense ratio. DFNL led over 3Y, 5Y and the full window, PSIL over 1Y. DFNL is less concentrated, with 56.8% 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 | DFNL | PSIL |
|---|---|---|
| Expense Ratio | 0.63%Best | 1.00% |
| AUM | $442M | $44M |
| Dividend Yield | 1.37% | 7.45% |
| Holdings | 90 | 33 |
| YTD Return | -0.91% | +16.80%Best |
| 1Y Return | +8.37% | +9.75%Best |
| 3Y Return (annualized) | +22.68%Best | +14.39% |
| 5Y Return (annualized) | +10.68%Best | -23.59% |
| Volatility (annualized) | 18.7%Best | 49.1% |
| Max Drawdown | -26.3%Best | -92.7% |
| $10,000 over 5 years | $16,609Best | $2,605 |
| Top 10 Weight | 56.8%Best | 64.2% |
| Fund Family | Davis ETFs | Advisor Shares |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 11, 2017 | 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).
DFNL 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.
DFNL vs PSIL Performance
Davis Select Financial ETF (DFNL) is an ETF from Davis ETFs and ADVISORSHARES PSYCHEDELICS ETF (PSIL) is an ETF from Advisor Shares. Over the past year DFNL returned +8.37% while PSIL returned +9.75%. Year to date, DFNL is down 0.91% versus a gain of 16.80% for PSIL.
Over three years, DFNL compounded at +22.68% per year against +14.39% for PSIL; over five years the annualized figures are +10.68% 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 18.7% for DFNL. 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 -26.3% for DFNL 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 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DFNL charges 0.63% per year while PSIL charges 1.00%. On a $10,000 position that is $63 vs $100 annually, a gap of $37 per year that compounds over a long holding period. On income, DFNL currently yields 1.37% against 7.45% for PSIL.
Holdings Overlap
We hold position weights for 30 holdings in DFNL and 29 in PSIL, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in DFNL and 29 in PSIL, against full books of 90 and 33.
What only one of them owns
Our book lists 19 positions for PSIL that do not appear in our book for DFNL (62.6% of the fund), and 23 for DFNL that do not appear in PSIL (83.6%).
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.
You are not choosing between two funds in isolation.
Whichever of DFNL 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, DFNL or PSIL?
DFNL has an expense ratio of 0.63% while PSIL charges 1.00%. DFNL is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, DFNL or PSIL?
Over the past year DFNL returned +8.37% 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, DFNL or PSIL?
PSIL has been the more volatile fund at 49.1% annualized versus 18.7% for DFNL. Worst drawdown: DFNL -26.3% vs PSIL -92.7%.
Should I hold both DFNL and PSIL?
DFNL and PSIL have a monthly-return correlation of 0.35, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DFNL or PSIL?
DFNL yields 1.37% while PSIL yields 7.45%, so PSIL currently pays the higher dividend yield.
Is PSIL better than DFNL?
DFNL has a lower expense ratio. DFNL led over 3Y, 5Y and the full window, PSIL over 1Y. DFNL is less concentrated, with 56.8% 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.