The NASDAQ Internet Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are at least 5 funds that are incredibly highly correlated with PNQI.
Within the PowerShares family of funds, the most positively correlated other funds are Dynamic Leisure and Entertainment Portfolio, Dynamic Software Portfolio, QQQ, Buyback Achievers Portfolio, FTSE RAFI US 1000 Portfolio.
Outside of the PowerShares family, the most positively correlated other funds are Vanguard - Consumer Discretionary, Vanguard Mutual Funds - Consumer Discretionary Index Admiral Shares, iShares - Global Consumer Discretionary ETF, SPDR - S&P 600 Small Cap Growth, SPDR - Consumer Discretionary Select Sector Fund.
|99.2%||VCDAX||Vanguard Mutual Funds||Consumer Discretionary Index Admiral Shares|
|99.1%||RXI||iShares||Global Consumer Discretionary ETF|
|99.1%||SLYG||SPDR||S&P 600 Small Cap Growth|
|99.1%||XLY||SPDR||Consumer Discretionary Select Sector Fund|
|LALT||PowerShares||Multi-Strategy Alternative Portfolio||-66.9%|
|PSAU||PowerShares||Global Gold and Precious Metals Portfolio||-62.1%|
|UDN||PowerShares||DB US Dollar Index Bearish Fund||-59.8%|
|PBW||PowerShares||WilderHill Clean Energy Portfolio||-53.9%|
|DBO||PowerShares||DB Oil Fund||-52.0%|
|VCDAX||Vanguard Mutual Funds||Consumer Discretionary Index Admiral Shares||99.2%|
|RXI||iShares||Global Consumer Discretionary ETF||99.1%|
|SLYG||SPDR||S&P 600 Small Cap Growth||99.1%|
|XLY||SPDR||Consumer Discretionary Select Sector Fund||99.1%|
|RING||iShares||MSCI Global Gold Miners ETF||-88.9%|
|SLVP||iShares||MSCI Global Silver Miners ETF||-88.3%|
|EWZS||iShares||MSCI Brazil Small-Cap ETF||-85.8%|
|EEML||iShares||MSCI Emerging Markets Latin America ETF||-79.0%|
|EMEY||iShares||MSCI Emerging Markets Energy Capped ETF||-78.8%|
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