The Nasdaq Biotechnology ETF fund is an exchange traded fund (ETF) within the iShares family. 7 other funds in our database have a greater than 99% correlation 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.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to iShares's Nasdaq Biotechnology ETF fund.
99.5% PJP PowerShares Dynamic Pharmaceuticals Portfolio
99.4% XBI SPDR S&P Biotech
99.3% IHE iShares U.S. Pharmaceuticals ETF
99.1% PBE PowerShares Dynamic Biotechnology & Genome Portfolio
99.1% XPH SPDR S&P Pharmaceuticals
99.1% VHCIX Vanguard Mutual Funds Health Care Index Admiral Shares
99.1% VHT Vanguard Health Care

Performance for the previous 2 years


Positively Correlated iShares ETFs
IHE iShares U.S. Pharmaceuticals ETF 99.3%
IYH iShares U.S. Healthcare ETF 98.9%
IXJ iShares Global Healthcare ETF 98.4%
IHF iShares U.S. Healthcare Providers ETF 97.8%
IYC iShares U.S. Consumer Services ETF 97.4%
Negatively Correlated iShares funds
RING iShares MSCI Global Gold Miners ETF -87.6%
SLVP iShares MSCI Global Silver Miners ETF -87.5%
EWZS iShares MSCI Brazil Small-Cap ETF -86.3%
ERUS iShares MSCI Russia Capped ETF -83.4%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -79.2%

Positively Correlated Non-iShares funds
PJP PowerShares Dynamic Pharmaceuticals Portfolio 99.5%
XBI SPDR S&P Biotech 99.4%
PBE PowerShares Dynamic Biotechnology & Genome Portfolio 99.1%
XPH SPDR S&P Pharmaceuticals 99.1%
VHCIX Vanguard Mutual Funds Health Care Index Admiral Shares 99.1%
Negatively Correlated Non-iShares funds
RBL SPDR S&P Russia -80.2%
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%

© 2016 SimilarStocks.com, All Rights Reserved