The FTSE RAFI US 1500 Small-Mid Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. This fund has 30 other funds which are extremely similar to it.

Within the PowerShares family of funds, the most positively correlated other funds are S&P SmallCap Industrials Portfolio, S&P SmallCap Consumer Discretionary Portfolio, Fundamental Pure Large Value Portfolio, Buyback Achievers Portfolio, Dynamic Leisure and Entertainment Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are Schwab - Small-Cap Core, Fidelity - Spartan Small-Cap Index Fund - Investor Class , Fidelity - Spartan Small-Cap Index Fund - Fidelity Advantage Class , Vanguard Mutual Funds - Explorer Value, Vanguard Mutual Funds - Small-Cap Growth Index Admiral.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's FTSE RAFI US 1500 Small-Mid Portfolio fund.
99.9% SCHA Schwab Small-Cap Core
99.8% FSSPX Fidelity Spartan Small-Cap Index Fund - Investor Class
99.8% FSSVX Fidelity Spartan Small-Cap Index Fund - Fidelity Advantage Class
99.7% VEVFX Vanguard Mutual Funds Explorer Value
99.7% PSCI PowerShares S&P SmallCap Industrials Portfolio
99.7% VSGAX Vanguard Mutual Funds Small-Cap Growth Index Admiral
99.6% AOA iShares Aggressive Allocation ETF
99.5% JKL iShares Morningstar Small-Cap Value ETF
99.5% VBK Vanguard Small-Cap Growth
99.4% VB Vanguard Small-Cap
99.4% VSMAX Vanguard Mutual Funds Small-Cap Index Admiral Shares
99.4% SLY SPDR S&P 600 Small Cap
99.4% CWB SPDR Barclays Convertible Securities
99.3% RSCO SPDR Russell Small Cap Completeness
99.3% SLYV SPDR S&P 600 Small Cap Value
99.3% VXF Vanguard Extended Market
99.3% FSEVX Fidelity Spartan Extended Market Index Fund - Fidelity Advantage Class
99.3% VEXAX Vanguard Mutual Funds Extended Market Index Admiral Shares
99.3% FSEMX Fidelity Spartan Extended Market Index Fund - Investor Class
99.3% AOR iShares Growth Allocation ETF
99.3% VFFVX Vanguard Mutual Funds Target Retirement 2055
99.2% MDY SPDR S&P MIDCAP 400
99.2% IJH iShares Core S&P Mid-Cap ETF
99.2% JKJ iShares Morningstar Small-Cap ETF
99.1% SLYG SPDR S&P 600 Small Cap Growth
99.1% MDYG SPDR S&P 400 Mid Cap Growth
99.1% VGSTX Vanguard Mutual Funds STAR
99.1% VASVX Vanguard Mutual Funds Selected Value
99.1% JKK iShares Morningstar Small-Cap Growth ETF
99.0% VTMSX Vanguard Mutual Funds Tax-Managed Small-Cap Admiral Shares

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PSCI PowerShares S&P SmallCap Industrials Portfolio 99.7%
PSCD PowerShares S&P SmallCap Consumer Discretionary Portfolio 99.0%
PXLV PowerShares Fundamental Pure Large Value Portfolio 98.9%
PKW PowerShares Buyback Achievers Portfolio 98.7%
PEJ PowerShares Dynamic Leisure and Entertainment Portfolio 98.7%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -56.6%
UDN PowerShares DB US Dollar Index Bearish Fund -52.6%
PBW PowerShares WilderHill Clean Energy Portfolio -51.3%
DBO PowerShares DB Oil Fund -45.4%
DBB PowerShares DB Base Metals Fund -43.1%

Positively Correlated Non-PowerShares funds
SCHA Schwab Small-Cap Core 99.9%
FSSPX Fidelity Spartan Small-Cap Index Fund - Investor Class 99.8%
FSSVX Fidelity Spartan Small-Cap Index Fund - Fidelity Advantage Class 99.8%
VEVFX Vanguard Mutual Funds Explorer Value 99.7%
VSGAX Vanguard Mutual Funds Small-Cap Growth Index Admiral 99.7%
Negatively Correlated Non-PowerShares funds
RING iShares MSCI Global Gold Miners ETF -88.5%
SLVP iShares MSCI Global Silver Miners ETF -84.9%
EWZS iShares MSCI Brazil Small-Cap ETF -75.2%
ERUS iShares MSCI Russia Capped ETF -70.5%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -66.7%

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