The Water Resources 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 S&P SmallCap Materials Portfolio, DWA Developed Markets Momentum Portfolio, Fundamental Pure Mid Growth Portfolio, DWA Industrials Momentum Portfolio, DWA Basic Materials Momentum Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are Fidelity - Spartan Global ex US Index Fund - Fidelity Advantage Class , Vanguard Mutual Funds - FTSE All-World ex-US Index Admiral, Schwab - International Multi-Cap Core, Vanguard - Materials, Vanguard Mutual Funds - International Growth Admiral Shares.

Similar Funds

We don't track any funds with an extremely high correlation (over 99%) to Water Resources Portfolio, but here are the most similar funds we track:
98.0% PSCM PowerShares S&P SmallCap Materials Portfolio
96.4% FSGDX Fidelity Spartan Global ex US Index Fund - Fidelity Advantage Class
96.4% VFWAX Vanguard Mutual Funds FTSE All-World ex-US Index Admiral
96.2% SCHF Schwab International Multi-Cap Core
96.1% VAW Vanguard Materials

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PSCM PowerShares S&P SmallCap Materials Portfolio 98.0%
PIZ PowerShares DWA Developed Markets Momentum Portfolio 95.4%
PXMG PowerShares Fundamental Pure Mid Growth Portfolio 95.3%
PRN PowerShares DWA Industrials Momentum Portfolio 94.9%
PYZ PowerShares DWA Basic Materials Momentum Portfolio 93.8%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -51.6%
UDN PowerShares DB US Dollar Index Bearish Fund -28.6%
PBW PowerShares WilderHill Clean Energy Portfolio -26.1%
VRP PowerShares Variable Rate Preferred Portfolio -25.0%
UUP PowerShares DB US Dollar Index Bullish Fund -22.1%

Positively Correlated Non-PowerShares funds
FSGDX Fidelity Spartan Global ex US Index Fund - Fidelity Advantage Class 96.4%
VFWAX Vanguard Mutual Funds FTSE All-World ex-US Index Admiral 96.4%
SCHF Schwab International Multi-Cap Core 96.2%
VAW Vanguard Materials 96.1%
VWILX Vanguard Mutual Funds International Growth Admiral Shares 96.1%
Negatively Correlated Non-PowerShares funds
IBMH iShares iBonds® Sep 2019 AMT-Free Muni Bond ETF -79.4%
IBMI iShares iBonds® Sep 2020 AMT-Free Muni Bond ETF -75.4%
RING iShares MSCI Global Gold Miners ETF -66.8%
IBDF iShares iBonds® Dec 2016 Corporate ETF -64.8%
NEAR iShares Short Maturity Bond ETF -61.7%

© 2016 SimilarStocks.com, All Rights Reserved