The DWA Financial Momentum Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are 13 other funds we track which provide a return similar to PFI.

Within the PowerShares family of funds, the most positively correlated other funds are S&P SmallCap Financials Portfolio, S&P SmallCap Industrials Portfolio, Fundamental Pure Large Value Portfolio, S&P SmallCap Consumer Discretionary Portfolio, S&P SmallCap Information Technology Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - Russell Top 200 Value ETF, Schwab - Multi-Cap Core, Schwab - Mid-Cap Core, Schwab - Large-Cap Core, iShares - MSCI USA ETF.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's DWA Financial Momentum Portfolio fund.
99.4% IWX iShares Russell Top 200 Value ETF
99.4% SCHB Schwab Multi-Cap Core
99.3% SCHM Schwab Mid-Cap Core
99.3% SCHX Schwab Large-Cap Core
99.2% EUSA iShares MSCI USA ETF
99.2% IWL iShares Russell Top 200 ETF
99.2% VMVAX Vanguard Mutual Funds Mid-Cap Value Index Admiral
99.2% FSCKX Fidelity Spartan Mid-Cap Index Fund - Fidelity Advantage Class
99.2% FSCLX Fidelity Spartan Mid-Cap Index Fund - Investor Class
99.2% SCHV Schwab Large-Cap Value
99.2% VFFVX Vanguard Mutual Funds Target Retirement 2055
99.2% VOO Vanguard S&P 500
99.1% PSCF PowerShares S&P SmallCap Financials Portfolio

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PSCF PowerShares S&P SmallCap Financials Portfolio 99.1%
PSCI PowerShares S&P SmallCap Industrials Portfolio 98.9%
PXLV PowerShares Fundamental Pure Large Value Portfolio 98.9%
PSCD PowerShares S&P SmallCap Consumer Discretionary Portfolio 98.8%
PSCT PowerShares S&P SmallCap Information Technology Portfolio 98.1%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -71.9%
UDN PowerShares DB US Dollar Index Bearish Fund -60.8%
DBO PowerShares DB Oil Fund -42.5%
LALT PowerShares Multi-Strategy Alternative Portfolio -41.8%
DBA PowerShares DB Agriculture Fund -40.3%

Positively Correlated Non-PowerShares funds
IWX iShares Russell Top 200 Value ETF 99.4%
SCHB Schwab Multi-Cap Core 99.4%
SCHM Schwab Mid-Cap Core 99.3%
SCHX Schwab Large-Cap Core 99.3%
EUSA iShares MSCI USA ETF 99.2%
Negatively Correlated Non-PowerShares funds
RING iShares MSCI Global Gold Miners ETF -91.8%
SLVP iShares MSCI Global Silver Miners ETF -89.7%
EWZS iShares MSCI Brazil Small-Cap ETF -81.7%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -78.3%
ERUS iShares MSCI Russia Capped ETF -77.7%

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