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.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's BLDRS Asia 50 ADR Index Fund fund: Vanguard Mutual Funds - Pacific Stock Index Admiral Shares. The correlation between their daily movements is 99.0%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
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%
Negatively Correlated PowerShares funds
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%

Positively Correlated Non-PowerShares funds
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%
Negatively Correlated Non-PowerShares funds
IBMI iShares iBondsĀ® Sep 2020 AMT-Free Muni Bond ETF -78.2%
RING iShares MSCI Global Gold Miners ETF -74.0%
SLVP iShares MSCI Global Silver Miners ETF -67.1%
KME SPDR S&P Mortgage Finance -61.5%
VRD SPDR Nuveen S&P VRDO Municipal Bond -53.2%

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