The Global Short Term High Yield Bond Portfolio fund is an exchange traded fund (ETF) within the PowerShares family.

Within the PowerShares family of funds, the most positively correlated other funds are Dynamic Building & Construction Portfolio, S&P SmallCap Consumer Staples Portfolio, Variable Rate Preferred Portfolio, S&P International Developed High Quality Portfolio, Emerging Markets Sovereign Debt Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are SPDR - DoubleLine Total Return Tactical, iShares - iShares® iBonds® Dec 2020 Corporate ETF, iShares - Emerging Markets High Yield Bond ETF, SPDR - S&P International Consumer Staples Sector, iShares - MSCI Germany Small-Cap ETF.

Similar Funds

We don't track any funds with an extremely high correlation (over 99%) to Global Short Term High Yield Bond Portfolio, but here are the most similar funds we track:
78.7% TOTL SPDR DoubleLine Total Return Tactical
75.3% IBDL iShares iShares® iBonds® Dec 2020 Corporate ETF
72.3% PKB PowerShares Dynamic Building & Construction Portfolio
72.2% EMHY iShares Emerging Markets High Yield Bond ETF
71.1% IPS SPDR S&P International Consumer Staples Sector

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PKB PowerShares Dynamic Building & Construction Portfolio 72.3%
PSCC PowerShares S&P SmallCap Consumer Staples Portfolio 60.5%
VRP PowerShares Variable Rate Preferred Portfolio 59.9%
IDHQ PowerShares S&P International Developed High Quality Portfolio 59.4%
PCY PowerShares Emerging Markets Sovereign Debt Portfolio 58.1%
Negatively Correlated PowerShares funds
PVI PowerShares VRDO Tax-Free Weekly Portfolio -47.1%
DBB PowerShares DB Base Metals Fund -35.0%
PHDG PowerShares S&P 500 Downside Hedged Portfolio -29.2%
PIE PowerShares DWA Emerging Markets Momentum Portfolio -28.7%
PAGG PowerShares Global Agriculture Portfolio -27.9%

Positively Correlated Non-PowerShares funds
TOTL SPDR DoubleLine Total Return Tactical 78.7%
IBDL iShares iShares® iBonds® Dec 2020 Corporate ETF 75.3%
EMHY iShares Emerging Markets High Yield Bond ETF 72.2%
IPS SPDR S&P International Consumer Staples Sector 71.1%
EWGS iShares MSCI Germany Small-Cap ETF 70.8%
Negatively Correlated Non-PowerShares funds
COMT iShares Commodities Select Strategy ETF -35.1%
BIL SPDR Barclays 1-3 Month T-Bill -33.6%
TUR iShares MSCI Turkey ETF -33.2%
EMHZ iShares MSCI Emerging Markets Horizon ETF -33.0%
QAT iShares MSCI Qatar Capped ETF -31.8%

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