The DWA Utilities Momentum Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are at least 3 funds that are incredibly highly correlated with PUI.
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.
|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%|
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