The DB Precious Metals Fund fund is an exchange traded fund (ETF) within the PowerShares family. An extremely similar return profile for DBP can be found in at least 1 other fund we are tracking.

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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