The DB Silver Fund fund is an exchange traded fund (ETF) within the PowerShares family. This fund has 1 other fund which is extremely similar to it.

Within the PowerShares family of funds, the most positively correlated other funds are DB Precious Metals Fund, DB Gold 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 - Silver Trust, iShares - MSCI Global Silver Miners ETF, iShares - MSCI Global Gold Miners ETF, SPDR - Barclays International High Yield Bond, iShares - MSCI Colombia Capped ETF.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's DB Silver Fund fund: iShares - Silver Trust. The correlation between their daily movements is 99.7%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
DBP PowerShares DB Precious Metals Fund 93.3%
DGL PowerShares DB Gold Fund 88.0%
PSAU PowerShares Global Gold and Precious Metals Portfolio 79.2%
LALT PowerShares Multi-Strategy Alternative Portfolio 77.6%
PXR PowerShares Emerging Markets Infrastructure Portfolio 68.9%
Negatively Correlated PowerShares funds
SPLV PowerShares S&P 500 Low Volatility Portfolio -93.7%
PXLG PowerShares Fundamental Pure Large Growth Portfolio -92.9%
KBWR PowerShares KBW Regional Bank Portfolio -92.6%
PXLV PowerShares Fundamental Pure Large Value Portfolio -92.4%
KBWP PowerShares KBW Property & Casualty Insurance Portfolio -92.4%

Positively Correlated Non-PowerShares funds
SLV iShares Silver Trust 99.7%
SLVP iShares MSCI Global Silver Miners ETF 98.1%
RING iShares MSCI Global Gold Miners ETF 96.9%
IJNK SPDR Barclays International High Yield Bond 88.4%
ICOL iShares MSCI Colombia Capped ETF 87.3%
Negatively Correlated Non-PowerShares funds
SCHD Schwab Equity Income -93.9%
HDV iShares Core High Dividend ETF -93.7%
VMVAX Vanguard Mutual Funds Mid-Cap Value Index Admiral -93.4%
XAR SPDR S&P Aerospace & Defense -93.3%
FSCKX Fidelity Spartan Mid-Cap Index Fund - Fidelity Advantage Class -92.9%

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