The U.S. Basic Materials ETF fund is an exchange traded fund (ETF) within the iShares family.

Within the iShares family of funds, the most positively correlated other funds are MSCI Pacific ex Japan ETF, MSCI Hong Kong ETF, MSCI Australia ETF, U.S. Energy ETF, MSCI ACWI ex U.S. ETF.

Outside of the iShares family, the most positively correlated other funds are SPDR - Materials Select Sector Fund, Vanguard - Materials, Vanguard Mutual Funds - International Growth Admiral Shares, Vanguard - FTSE All-World ex-US Small-Cap, Vanguard Mutual Funds - Materials Index Admiral Shares.

Similar Funds

We don't track any funds with an extremely high correlation (over 99%) to U.S. Basic Materials ETF, but here are the most similar funds we track:
98.2% XLB SPDR Materials Select Sector Fund
97.5% VAW Vanguard Materials
97.5% VWILX Vanguard Mutual Funds International Growth Admiral Shares
97.1% VSS Vanguard FTSE All-World ex-US Small-Cap
97.1% VMIAX Vanguard Mutual Funds Materials Index Admiral Shares

Performance for the previous 2 years


Positively Correlated iShares ETFs
EPP iShares MSCI Pacific ex Japan ETF 97.0%
EWH iShares MSCI Hong Kong ETF 96.5%
EWA iShares MSCI Australia ETF 96.4%
IYE iShares U.S. Energy ETF 96.1%
ACWX iShares MSCI ACWI ex U.S. ETF 96.0%
Negatively Correlated iShares funds
IBMI iShares iBonds® Sep 2020 AMT-Free Muni Bond ETF -65.6%
IBMH iShares iBonds® Sep 2019 AMT-Free Muni Bond ETF -62.1%
IBDF iShares iBonds® Dec 2016 Corporate ETF -61.8%
RING iShares MSCI Global Gold Miners ETF -58.6%
SLVP iShares MSCI Global Silver Miners ETF -53.0%

Positively Correlated Non-iShares funds
XLB SPDR Materials Select Sector Fund 98.2%
VAW Vanguard Materials 97.5%
VWILX Vanguard Mutual Funds International Growth Admiral Shares 97.5%
VSS Vanguard FTSE All-World ex-US Small-Cap 97.1%
VMIAX Vanguard Mutual Funds Materials Index Admiral Shares 97.1%
Negatively Correlated Non-iShares funds
KME SPDR S&P Mortgage Finance -71.3%
VRD SPDR Nuveen S&P VRDO Municipal Bond -53.8%
UUP PowerShares DB US Dollar Index Bullish Fund -35.4%
PBW PowerShares WilderHill Clean Energy Portfolio -35.3%
FSIQX Fidelity Spartan Inflation-Protected Bond Index Fund - Investor Class -33.3%

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