The Emerging Markets Sovereign Debt Portfolio 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 Build America Bond Portfolio, Insured National Municipal Bond Portfolio, Active U.S. Real Estate Fund, Insured New York Municipal Bond Portfolio, Insured California Municipal Bond Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - J.P. Morgan USD Emerging Markets Bond ETF, iShares - Core U.S. Credit Bond ETF, Vanguard Mutual Funds - Intermediate-Term Investment-Grade, Vanguard Mutual Funds - Intermediate-Term Investment-Grade Admiral Shares, iShares - iBoxx $ Investment Grade Corporate Bond ETF.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's Emerging Markets Sovereign Debt Portfolio fund: iShares - J.P. Morgan USD Emerging Markets Bond ETF. The correlation between their daily movements is 99.7%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
BAB PowerShares Build America Bond Portfolio 97.0%
PZA PowerShares Insured National Municipal Bond Portfolio 96.7%
PSR PowerShares Active U.S. Real Estate Fund 96.2%
PZT PowerShares Insured New York Municipal Bond Portfolio 96.1%
PWZ PowerShares Insured California Municipal Bond Portfolio 95.8%
Negatively Correlated PowerShares funds
PBW PowerShares WilderHill Clean Energy Portfolio -67.4%
DBO PowerShares DB Oil Fund -52.3%
PBD PowerShares Global Clean Energy Portfolio -52.3%
UDN PowerShares DB US Dollar Index Bearish Fund -49.6%
DBE PowerShares DB Energy Fund -45.2%

Positively Correlated Non-PowerShares funds
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF 99.7%
CRED iShares Core U.S. Credit Bond ETF 99.0%
VFICX Vanguard Mutual Funds Intermediate-Term Investment-Grade 99.0%
VFIDX Vanguard Mutual Funds Intermediate-Term Investment-Grade Admiral Shares 98.9%
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 98.9%
Negatively Correlated Non-PowerShares funds
ERUS iShares MSCI Russia Capped ETF -75.3%
RBL SPDR S&P Russia -70.7%
CMDT iShares Commodity Optimized Trust -67.9%
ICLN iShares Global Clean Energy ETF -67.8%
EWZS iShares MSCI Brazil Small-Cap ETF -67.5%

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