The DWA NASDAQ Momentum Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There is at least 1 fund that is incredibly highly correlated with DWAQ.
Within the PowerShares family of funds, the most positively correlated other funds are DWA Technology Momentum Portfolio, Fundamental Pure Small Growth Portfolio, Dynamic Market Portfolio, DWA Momentum Portfolio, S&P SmallCap Consumer Discretionary Portfolio.
Outside of the PowerShares family, the most positively correlated other funds are iShares - Micro-Cap ETF, SPDR - S&P Software & Services, Schwab - Small-Cap Core, Vanguard Mutual Funds - Strategic Equity, Vanguard Mutual Funds - Windsor.
|PTF||PowerShares||DWA Technology Momentum Portfolio||99.2%|
|PXSG||PowerShares||Fundamental Pure Small Growth Portfolio||98.6%|
|PWC||PowerShares||Dynamic Market Portfolio||98.2%|
|PDP||PowerShares||DWA Momentum Portfolio||98.1%|
|PSCD||PowerShares||S&P SmallCap Consumer Discretionary Portfolio||97.7%|
|RING||iShares||MSCI Global Gold Miners ETF||-89.6%|
|SLVP||iShares||MSCI Global Silver Miners ETF||-88.3%|
|EWZS||iShares||MSCI Brazil Small-Cap ETF||-81.8%|
|EMEY||iShares||MSCI Emerging Markets Energy Capped ETF||-75.4%|
|EEML||iShares||MSCI Emerging Markets Latin America ETF||-73.9%|
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