The FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There is 1 other fund we track which provides a return similar to PDN.

Within the PowerShares family of funds, the most positively correlated other funds are DWA Basic Materials Momentum Portfolio, S&P International Developed Low Volatility Portfolio, S&P 500 High Beta Portfolio, DWA Developed Markets Momentum Portfolio, FTSE RAFI US 1500 Small-Mid Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are Schwab - International Small/Mid-Cap Core, SPDR - S&P International Mid Cap, Vanguard Mutual Funds - FTSE All-World ex-US Small-Cap Index, SPDR - S&P International Industrial Sector, Vanguard - FTSE All-World ex-US Small-Cap.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio fund: Schwab - International Small/Mid-Cap Core. The correlation between their daily movements is 99.1%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PYZ PowerShares DWA Basic Materials Momentum Portfolio 96.1%
IDLV PowerShares S&P International Developed Low Volatility Portfolio 96.0%
SPHB PowerShares S&P 500 High Beta Portfolio 95.7%
PIZ PowerShares DWA Developed Markets Momentum Portfolio 95.4%
PRFZ PowerShares FTSE RAFI US 1500 Small-Mid Portfolio 95.4%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -38.3%
UDN PowerShares DB US Dollar Index Bearish Fund -35.5%
PBW PowerShares WilderHill Clean Energy Portfolio -31.0%
DBO PowerShares DB Oil Fund -29.6%
DBC PowerShares DB Commodity Index Tracking Fund -26.3%

Positively Correlated Non-PowerShares funds
SCHC Schwab International Small/Mid-Cap Core 99.1%
MDD SPDR S&P International Mid Cap 98.6%
VFSVX Vanguard Mutual Funds FTSE All-World ex-US Small-Cap Index 98.5%
IPN SPDR S&P International Industrial Sector 98.4%
VSS Vanguard FTSE All-World ex-US Small-Cap 98.4%
Negatively Correlated Non-PowerShares funds
RING iShares MSCI Global Gold Miners ETF -80.5%
SLVP iShares MSCI Global Silver Miners ETF -74.6%
EWZS iShares MSCI Brazil Small-Cap ETF -60.9%
IBMH iShares iBondsĀ® Sep 2019 AMT-Free Muni Bond ETF -51.5%
ERUS iShares MSCI Russia Capped ETF -51.3%

© 2016 SimilarStocks.com, All Rights Reserved