The Dynamic Biotechnology & Genome Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. An extremely similar return profile for PBE 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 DWA Healthcare Momentum Portfolio, Dynamic Pharmaceuticals Portfolio, Buyback Achievers Portfolio, QQQ, Aerospace & Defense Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - Nasdaq Biotechnology ETF, SPDR - S&P Pharmaceuticals, SPDR - S&P Biotech, iShares - U.S. Pharmaceuticals ETF, Vanguard - Health Care.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's Dynamic Biotechnology & Genome Portfolio fund: iShares - Nasdaq Biotechnology ETF. The correlation between their daily movements is 99.1%.

Performance for the previous 2 years

Positively Correlated PowerShares ETFs
PTH PowerShares DWA Healthcare Momentum Portfolio 98.4%
PJP PowerShares Dynamic Pharmaceuticals Portfolio 98.1%
PKW PowerShares Buyback Achievers Portfolio 96.4%
QQQ PowerShares QQQ 96.0%
PPA PowerShares Aerospace & Defense Portfolio 95.7%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -70.8%
UDN PowerShares DB US Dollar Index Bearish Fund -66.4%
DBB PowerShares DB Base Metals Fund -54.0%
DBO PowerShares DB Oil Fund -53.8%
PBW PowerShares WilderHill Clean Energy Portfolio -51.3%

Positively Correlated Non-PowerShares funds
IBB iShares Nasdaq Biotechnology ETF 99.1%
XPH SPDR S&P Pharmaceuticals 98.8%
XBI SPDR S&P Biotech 98.5%
IHE iShares U.S. Pharmaceuticals ETF 98.0%
VHT Vanguard Health Care 97.9%
Negatively Correlated Non-PowerShares funds
RING iShares MSCI Global Gold Miners ETF -85.4%
SLVP iShares MSCI Global Silver Miners ETF -84.3%
EWZS iShares MSCI Brazil Small-Cap ETF -81.2%
ERUS iShares MSCI Russia Capped ETF -77.9%
RBL SPDR S&P Russia -74.9%

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