The DWA Utilities Momentum Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. This fund has 3 other funds which are extremely similar to it.

Within the PowerShares family of funds, the most positively correlated other funds are S&P SmallCap Utilities Portfolio, S&P SmallCap Consumer Staples Portfolio, S&P 500 Low Volatility Portfolio, Dividend Achievers Portfolio, Aerospace & Defense Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - U.S. Utilities ETF, Vanguard Mutual Funds - Utilities Index Admiral Shares, Vanguard - Utilities, SPDR - Utilities Select Sector Fund, Vanguard Mutual Funds - High Dividend Yield Index.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's DWA Utilities Momentum Portfolio fund.
99.1% IDU iShares U.S. Utilities ETF
99.0% VUIAX Vanguard Mutual Funds Utilities Index Admiral Shares
99.0% VPU Vanguard Utilities

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
PSCU PowerShares S&P SmallCap Utilities Portfolio 97.8%
PSCC PowerShares S&P SmallCap Consumer Staples Portfolio 97.7%
SPLV PowerShares S&P 500 Low Volatility Portfolio 97.7%
PFM PowerShares Dividend Achievers Portfolio 97.4%
PPA PowerShares Aerospace & Defense Portfolio 97.0%
Negatively Correlated PowerShares funds
PSAU PowerShares Global Gold and Precious Metals Portfolio -66.2%
UDN PowerShares DB US Dollar Index Bearish Fund -61.3%
DBO PowerShares DB Oil Fund -49.6%
DBB PowerShares DB Base Metals Fund -48.2%
PBW PowerShares WilderHill Clean Energy Portfolio -44.6%

Positively Correlated Non-PowerShares funds
IDU iShares U.S. Utilities ETF 99.1%
VUIAX Vanguard Mutual Funds Utilities Index Admiral Shares 99.0%
VPU Vanguard Utilities 99.0%
XLU SPDR Utilities Select Sector Fund 98.8%
VHDYX Vanguard Mutual Funds High Dividend Yield Index 98.0%
Negatively Correlated Non-PowerShares funds
EWZS iShares MSCI Brazil Small-Cap ETF -83.7%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -81.3%
ERUS iShares MSCI Russia Capped ETF -81.0%
SLVP iShares MSCI Global Silver Miners ETF -79.4%
RING iShares MSCI Global Gold Miners ETF -78.7%

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