The Preferred Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There is at least 1 fund that is incredibly highly correlated 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.
|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%|
|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%|
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