The Nasdaq Biotechnology ETF fund is an exchange traded fund (ETF) within the iShares family. There are at least 7 funds that are incredibly highly correlated with IBB.
Within the iShares family of funds, the most positively correlated other funds are U.S. Pharmaceuticals ETF, U.S. Healthcare ETF, Global Healthcare ETF, U.S. Healthcare Providers ETF, U.S. Consumer Services ETF.
Outside of the iShares family, the most positively correlated other funds are PowerShares - Dynamic Pharmaceuticals Portfolio, SPDR - S&P Biotech, PowerShares - Dynamic Biotechnology & Genome Portfolio, SPDR - S&P Pharmaceuticals, Vanguard Mutual Funds - Health Care Index Admiral Shares.
|99.5%||PJP||PowerShares||Dynamic Pharmaceuticals Portfolio|
|99.3%||IHE||iShares||U.S. Pharmaceuticals ETF|
|99.1%||PBE||PowerShares||Dynamic Biotechnology & Genome Portfolio|
|99.1%||VHCIX||Vanguard Mutual Funds||Health Care Index Admiral Shares|
|PSAU||PowerShares||Global Gold and Precious Metals Portfolio||-75.2%|
|EDIV||SPDR||S&P Emerging Markets Dividend||-74.7%|
|VTIP||Vanguard||Short-Term Inflation-Protected Securities||-73.5%|
|VTAPX||Vanguard Mutual Funds||Short-Term Inflation-Protected Securities Index Admiral Shares||-72.9%|
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