The Global Gold and Precious Metals Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are at least 2 funds that are incredibly highly correlated with PSAU.

Within the PowerShares family of funds, the most positively correlated other funds are DB Base Metals Fund, DB Agriculture Fund, DB Silver Fund, DB US Dollar Index Bearish Fund, DB Precious Metals Fund.

Outside of the PowerShares family, the most positively correlated other funds are iShares - MSCI Global Gold Miners ETF, iShares - MSCI Global Silver Miners ETF, Vanguard Mutual Funds - Precious Metals and Mining, SPDR - S&P Metals and Mining, iShares - MSCI Brazil Capped ETF.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's Global Gold and Precious Metals Portfolio fund.
99.8% RING iShares MSCI Global Gold Miners ETF
99.3% SLVP iShares MSCI Global Silver Miners ETF

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
DBB PowerShares DB Base Metals Fund 87.0%
DBA PowerShares DB Agriculture Fund 79.4%
DBS PowerShares DB Silver Fund 79.2%
UDN PowerShares DB US Dollar Index Bearish Fund 73.3%
DBP PowerShares DB Precious Metals Fund 71.7%
Negatively Correlated PowerShares funds
PSCF PowerShares S&P SmallCap Financials Portfolio -93.2%
PSCD PowerShares S&P SmallCap Consumer Discretionary Portfolio -92.5%
KBWP PowerShares KBW Property & Casualty Insurance Portfolio -92.2%
KBWB PowerShares KBW Bank Portfolio -92.1%
PXLV PowerShares Fundamental Pure Large Value Portfolio -92.0%

Positively Correlated Non-PowerShares funds
RING iShares MSCI Global Gold Miners ETF 99.8%
SLVP iShares MSCI Global Silver Miners ETF 99.3%
VGPMX Vanguard Mutual Funds Precious Metals and Mining 97.7%
XME SPDR S&P Metals and Mining 87.8%
EWZ iShares MSCI Brazil Capped ETF 87.7%
Negatively Correlated Non-PowerShares funds
VOO Vanguard S&P 500 -93.1%
EIRL iShares MSCI Ireland Capped ETF -92.8%
VFFVX Vanguard Mutual Funds Target Retirement 2055 -91.8%
HDV iShares Core High Dividend ETF -91.7%
EUSA iShares MSCI USA ETF -91.6%

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