The BLDRS Developed Markets 100 ADR Index Fund fund is an exchange traded fund (ETF) within the PowerShares family. There are at least 8 funds that are incredibly highly correlated with ADRD.

Within the PowerShares family of funds, the most positively correlated other funds are BLDRS Europe Select ADR Index Fund, FTSE RAFI Developed Markets ex-U.S. Portfolio, BLDRS Asia 50 ADR Index Fund, Global Water Portfolio, DWA Developed Markets Momentum Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - Europe ETF, iShares - MSCI EAFE ETF, Schwab - International Multi-Cap Core, Vanguard Mutual Funds - European Stock Index Admiral Shares, Fidelity - Spartan International Index Fund - Investor Class .

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's BLDRS Developed Markets 100 ADR Index Fund fund.
99.8% ADRU PowerShares BLDRS Europe Select ADR Index Fund
99.7% IEV iShares Europe ETF
99.4% EFA iShares MSCI EAFE ETF
99.3% SCHF Schwab International Multi-Cap Core
99.2% VEUSX Vanguard Mutual Funds European Stock Index Admiral Shares
99.2% FSIIX Fidelity Spartan International Index Fund - Investor Class
99.1% FEU SPDR STOXX Europe 50
99.0% VTMGX Vanguard Mutual Funds Developed Markets Index Admiral Shares

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
ADRU PowerShares BLDRS Europe Select ADR Index Fund 99.8%
PXF PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio 98.1%
ADRA PowerShares BLDRS Asia 50 ADR Index Fund 97.5%
PIO PowerShares Global Water Portfolio 97.4%
PIZ PowerShares DWA Developed Markets Momentum Portfolio 96.7%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -47.5%
VRP PowerShares Variable Rate Preferred Portfolio -32.6%
DGL PowerShares DB Gold Fund -22.3%
DBP PowerShares DB Precious Metals Fund -21.7%
DBS PowerShares DB Silver Fund -19.3%

Positively Correlated Non-PowerShares funds
IEV iShares Europe ETF 99.7%
EFA iShares MSCI EAFE ETF 99.4%
SCHF Schwab International Multi-Cap Core 99.3%
VEUSX Vanguard Mutual Funds European Stock Index Admiral Shares 99.2%
FSIIX Fidelity Spartan International Index Fund - Investor Class 99.2%
Negatively Correlated Non-PowerShares funds
IBMI iShares iBonds® Sep 2020 AMT-Free Muni Bond ETF -84.1%
IBMH iShares iBonds® Sep 2019 AMT-Free Muni Bond ETF -80.4%
RING iShares MSCI Global Gold Miners ETF -74.0%
SLVP iShares MSCI Global Silver Miners ETF -66.1%
IBDH iShares iBonds® Dec 2018 Corporate ETF -61.7%

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