HCOW vs PSIL
Amplify COWS Covered Call ETF vs ADVISORSHARES PSYCHEDELICS ETF
Which is better, HCOW or PSIL?
Each has led over a different period.
HCOW has a lower expense ratio. HCOW led over 1Y, PSIL over 3Y and the full window. HCOW is less concentrated, with 41.6% 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 | HCOW | PSIL |
|---|---|---|
| Expense Ratio | 0.65%Best | 1.00% |
| AUM | $17M | $44M |
| Dividend Yield | 13.09% | 7.45% |
| Holdings | 86 | 33 |
| YTD Return | +8.81% | +16.80%Best |
| 1Y Return | +15.59%Best | +9.75% |
| 3Y Return (annualized) | +10.63% | +14.39%Best |
| 5Y Return (annualized) | - | -23.59% |
| Volatility (annualized) | 15.2%Best | 46.8% |
| Max Drawdown | -24.1%Best | -57.8% |
| $10,000 over 3.1 years | $13,468 | $13,774Best |
| Top 10 Weight | 41.6%Best | 64.2% |
| Fund Family | Amplify ETFs | Advisor Shares |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 20, 2023 | Sep 15, 2021 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 14, 2026 (3.1 years).
HCOW 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 3.1 years both funds cover.
HCOW vs PSIL Performance
Amplify COWS Covered Call ETF (HCOW) is an ETF from Amplify ETFs and ADVISORSHARES PSYCHEDELICS ETF (PSIL) is an ETF from Advisor Shares. Over the past year HCOW returned +15.59% while PSIL returned +9.75%. Year to date, HCOW is up 8.81% versus a gain of 16.80% for PSIL.
Over three years, HCOW compounded at +10.63% per year against +14.39% for PSIL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSIL has been the more volatile fund, with annualized monthly volatility of 46.8% compared with 15.2% for HCOW. 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 -24.1% for HCOW and -57.8% 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 0.24. They move largely independently of each other.
Fees and Cost Over Time
HCOW charges 0.65% per year while PSIL charges 1.00%. On a $10,000 position that is $65 vs $100 annually, a gap of $35 per year that compounds over a long holding period. On income, HCOW currently yields 13.09% against 7.45% for PSIL.
Holdings Overlap
We hold position weights for 31 holdings in HCOW and 29 in PSIL, totalling 100.3% 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 31 positions we hold weights for in HCOW and 29 in PSIL, against full books of 86 and 33.
What only one of them owns
Our book lists 19 positions for PSIL that do not appear in our book for HCOW (62.6% of the fund), and 31 for HCOW that do not appear in PSIL (100.3%).
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 HCOW 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, HCOW or PSIL?
HCOW has an expense ratio of 0.65% while PSIL charges 1.00%. HCOW is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, HCOW or PSIL?
Over the past year HCOW returned +15.59% vs +9.75% for PSIL, so HCOW leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HCOW or PSIL?
PSIL has been the more volatile fund at 46.8% annualized versus 15.2% for HCOW. Worst drawdown: HCOW -24.1% vs PSIL -57.8%.
Should I hold both HCOW and PSIL?
HCOW and PSIL have a monthly-return correlation of 0.24, 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, HCOW or PSIL?
HCOW yields 13.09% while PSIL yields 7.45%, so HCOW currently pays the higher dividend yield.
Is PSIL better than HCOW?
HCOW has a lower expense ratio. HCOW led over 1Y, PSIL over 3Y and the full window. HCOW is less concentrated, with 41.6% 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.