The Preferred Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. 1 other fund in our database has a greater than 99% correlation with PGX.

Within the PowerShares family of funds, the most positively correlated other funds are Financial Preferred Portfolio, Active U.S. Real Estate Fund, Fundamental Investment Grade Corporate Bond Portfolio, S&P 500 Low Volatility Portfolio, S&P SmallCap Utilities Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are SPDR - Wells Fargo Preferred Stock, Schwab - Real Estate, SPDR - Barclays Intermediate Term Corporate Bond, iShares - Short Maturity Bond ETF, Vanguard - Total International Bond.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's Preferred Portfolio fund: SPDR - Wells Fargo Preferred Stock. The correlation between their daily movements is 99.4%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PGF PowerShares Financial Preferred Portfolio 98.9%
PSR PowerShares Active U.S. Real Estate Fund 98.4%
PFIG PowerShares Fundamental Investment Grade Corporate Bond Portfolio 97.6%
SPLV PowerShares S&P 500 Low Volatility Portfolio 96.7%
PSCU PowerShares S&P SmallCap Utilities Portfolio 96.7%
Negatively Correlated PowerShares funds
LALT PowerShares Multi-Strategy Alternative Portfolio -89.4%
UDN PowerShares DB US Dollar Index Bearish Fund -52.6%
EELV PowerShares S&P Emerging Markets Low Volatility Portfolio -51.4%
PSAU PowerShares Global Gold and Precious Metals Portfolio -46.6%
DBO PowerShares DB Oil Fund -42.7%

Positively Correlated Non-PowerShares funds
PSK SPDR Wells Fargo Preferred Stock 99.4%
SCHH Schwab Real Estate 98.0%
ITR SPDR Barclays Intermediate Term Corporate Bond 97.8%
NEAR iShares Short Maturity Bond ETF 97.7%
BNDX Vanguard Total International Bond 97.6%
Negatively Correlated Non-PowerShares funds
EMEY iShares MSCI Emerging Markets Energy Capped ETF -88.5%
CMDT iShares Commodity Optimized Trust -87.1%
ERUS iShares MSCI Russia Capped ETF -86.6%
QAT iShares MSCI Qatar Capped ETF -86.5%
EWZS iShares MSCI Brazil Small-Cap ETF -86.5%

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