The NASDAQ Internet Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. 5 other funds in our database have a greater than 99% correlation 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.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's NASDAQ Internet Portfolio fund.
99.2% VCR Vanguard Consumer Discretionary
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

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PEJ PowerShares Dynamic Leisure and Entertainment Portfolio 99.0%
PSJ PowerShares Dynamic Software Portfolio 98.8%
QQQ PowerShares QQQ 98.7%
PKW PowerShares Buyback Achievers Portfolio 98.6%
PRF PowerShares FTSE RAFI US 1000 Portfolio 98.6%
Negatively Correlated PowerShares funds
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%

Positively Correlated Non-PowerShares funds
VCR Vanguard Consumer Discretionary 99.2%
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%
Negatively Correlated Non-PowerShares funds
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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