The DB Precious Metals Fund fund is an exchange traded fund (ETF) within the PowerShares family. There is 1 other fund we track which provides a return similar to DBP.

Within the PowerShares family of funds, the most positively correlated other funds are DB Gold Fund, DB Silver Fund, Global Gold and Precious Metals Portfolio, Multi-Strategy Alternative Portfolio, Emerging Markets Infrastructure Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - MSCI Global Silver Miners ETF, iShares - MSCI Global Gold Miners ETF, SPDR - Gold Shares, iShares - Gold Trust, iShares - Silver Trust.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's DB Precious Metals Fund fund: PowerShares - DB Gold Fund. The correlation between their daily movements is 99.2%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
DGL PowerShares DB Gold Fund 99.2%
DBS PowerShares DB Silver Fund 93.3%
PSAU PowerShares Global Gold and Precious Metals Portfolio 71.7%
LALT PowerShares Multi-Strategy Alternative Portfolio 65.7%
PXR PowerShares Emerging Markets Infrastructure Portfolio 64.1%
Negatively Correlated PowerShares funds
KBWR PowerShares KBW Regional Bank Portfolio -93.6%
PXLG PowerShares Fundamental Pure Large Growth Portfolio -93.5%
PXLV PowerShares Fundamental Pure Large Value Portfolio -93.2%
KBWB PowerShares KBW Bank Portfolio -92.6%
SPLV PowerShares S&P 500 Low Volatility Portfolio -92.5%

Positively Correlated Non-PowerShares funds
SLVP iShares MSCI Global Silver Miners ETF 98.5%
RING iShares MSCI Global Gold Miners ETF 98.0%
GLD SPDR Gold Shares 97.7%
IAU iShares Gold Trust 97.5%
SLV iShares Silver Trust 95.0%
Negatively Correlated Non-PowerShares funds
XSW SPDR S&P Software & Services -93.5%
XAR SPDR S&P Aerospace & Defense -93.4%
VMVAX Vanguard Mutual Funds Mid-Cap Value Index Admiral -93.3%
SCHD Schwab Equity Income -93.2%
FSCKX Fidelity Spartan Mid-Cap Index Fund - Fidelity Advantage Class -93.1%

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