The High Yield Equity Dividend Achievers Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. This fund has 4 other funds which are extremely similar to it.

Within the PowerShares family of funds, the most positively correlated other funds are S&P 500 Low Volatility Portfolio, S&P SmallCap Consumer Staples Portfolio, S&P MidCap Low Volatility Portfolio, S&P 500 High Dividend Portfolio, KBW Property & Casualty Insurance Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - MSCI USA Minimum Volatility ETF, iShares - Russell Top 200 Growth ETF, iShares - MSCI All Country World Minimum Volatility ETF, iShares - Russell Top 200 ETF, SPDR - Russell 1000 Low Volatility.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's High Yield Equity Dividend Achievers Portfolio fund.
99.5% SPLV PowerShares S&P 500 Low Volatility Portfolio
99.4% USMV iShares MSCI USA Minimum Volatility ETF
99.2% PSCC PowerShares S&P SmallCap Consumer Staples Portfolio
99.1% IWY iShares Russell Top 200 Growth ETF

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
SPLV PowerShares S&P 500 Low Volatility Portfolio 99.5%
PSCC PowerShares S&P SmallCap Consumer Staples Portfolio 99.2%
XMLV PowerShares S&P MidCap Low Volatility Portfolio 98.9%
SPHD PowerShares S&P 500 High Dividend Portfolio 98.8%
KBWP PowerShares KBW Property & Casualty Insurance Portfolio 98.3%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -65.9%
LALT PowerShares Multi-Strategy Alternative Portfolio -65.3%
UDN PowerShares DB US Dollar Index Bearish Fund -63.8%
DBO PowerShares DB Oil Fund -48.7%
DBC PowerShares DB Commodity Index Tracking Fund -44.6%

Positively Correlated Non-PowerShares funds
USMV iShares MSCI USA Minimum Volatility ETF 99.4%
IWY iShares Russell Top 200 Growth ETF 99.1%
ACWV iShares MSCI All Country World Minimum Volatility ETF 98.8%
IWL iShares Russell Top 200 ETF 98.8%
LGLV SPDR Russell 1000 Low Volatility 98.6%
Negatively Correlated Non-PowerShares funds
EWZS iShares MSCI Brazil Small-Cap ETF -87.9%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -85.6%
ERUS iShares MSCI Russia Capped ETF -84.3%
SLVP iShares MSCI Global Silver Miners ETF -84.1%
RING iShares MSCI Global Gold Miners ETF -83.1%

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