The BLDRS Asia 50 ADR Index Fund fund is an exchange traded fund (ETF) within the PowerShares family. There is at least 1 fund that is incredibly highly correlated with ADRA.
Within the PowerShares family of funds, the most positively correlated other funds are BLDRS Developed Markets 100 ADR Index Fund, BLDRS Europe Select ADR Index Fund, FTSE RAFI Developed Markets ex-U.S. Portfolio, Global Water Portfolio, DWA Developed Markets Momentum Portfolio.
Outside of the PowerShares family, the most positively correlated other funds are Vanguard Mutual Funds - Pacific Stock Index Admiral Shares, Vanguard Mutual Funds - International Value, Vanguard Mutual Funds - Developed Markets Index Admiral Shares, Fidelity - Spartan International Index Fund - Investor Class , iShares - MSCI EAFE ETF.
|ADRD||PowerShares||BLDRS Developed Markets 100 ADR Index Fund||97.5%|
|ADRU||PowerShares||BLDRS Europe Select ADR Index Fund||97.0%|
|PXF||PowerShares||FTSE RAFI Developed Markets ex-U.S. Portfolio||96.5%|
|PIO||PowerShares||Global Water Portfolio||96.5%|
|PIZ||PowerShares||DWA Developed Markets Momentum Portfolio||95.8%|
|PSAU||PowerShares||Global Gold and Precious Metals Portfolio||-37.1%|
|UDN||PowerShares||DB US Dollar Index Bearish Fund||-22.7%|
|UUP||PowerShares||DB US Dollar Index Bullish Fund||-16.6%|
|PGHY||PowerShares||Global Short Term High Yield Bond Portfolio||-13.5%|
|DGL||PowerShares||DB Gold Fund||-9.8%|
|VPADX||Vanguard Mutual Funds||Pacific Stock Index Admiral Shares||99.0%|
|VTRIX||Vanguard Mutual Funds||International Value||98.8%|
|VTMGX||Vanguard Mutual Funds||Developed Markets Index Admiral Shares||98.7%|
|FSIIX||Fidelity||Spartan International Index Fund - Investor Class||98.6%|
|EFA||iShares||MSCI EAFE ETF||98.6%|
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