The KBW Regional Bank Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. An extremely similar return profile for KBWR 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 S&P SmallCap Financials Portfolio, NASDAQ Internet Portfolio, DWA Financial Momentum Portfolio, Dynamic Leisure and Entertainment Portfolio, DWA NASDAQ Momentum Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are SPDR - S&P Regional Banking, SPDR - S&P 600 Small Cap Growth, iShares - S&P Small-Cap 600 Growth ETF, iShares - U.S. Regional Banks ETF, SPDR - S&P Software & Services.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's KBW Regional Bank Portfolio fund: SPDR - S&P Regional Banking. The correlation between their daily movements is 99.4%.

Performance for the previous 2 years

Positively Correlated PowerShares ETFs
PSCF PowerShares S&P SmallCap Financials Portfolio 98.3%
PNQI PowerShares NASDAQ Internet Portfolio 97.8%
PFI PowerShares DWA Financial Momentum Portfolio 97.6%
PEJ PowerShares Dynamic Leisure and Entertainment Portfolio 97.6%
DWAQ PowerShares DWA NASDAQ Momentum Portfolio 97.4%
Negatively Correlated PowerShares funds
DGL PowerShares DB Gold Fund -93.6%
DBP PowerShares DB Precious Metals Fund -93.6%
DBS PowerShares DB Silver Fund -92.6%
PSAU PowerShares Global Gold and Precious Metals Portfolio -91.1%
DBB PowerShares DB Base Metals Fund -81.6%

Positively Correlated Non-PowerShares funds
KRE SPDR S&P Regional Banking 99.4%
SLYG SPDR S&P 600 Small Cap Growth 98.8%
IJT iShares S&P Small-Cap 600 Growth ETF 98.8%
IAT iShares U.S. Regional Banks ETF 98.7%
XSW SPDR S&P Software & Services 98.6%
Negatively Correlated Non-PowerShares funds
GLD SPDR Gold Shares -93.0%
IAU iShares Gold Trust -92.9%
SLV iShares Silver Trust -92.2%
RING iShares MSCI Global Gold Miners ETF -89.8%
ECH iShares MSCI Chile Capped ETF -89.7%

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