The DWA Basic Materials 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 PYZ.
Within the PowerShares family of funds, the most positively correlated other funds are DWA Industrials Momentum Portfolio, FTSE RAFI US 1500 Small-Mid Portfolio, S&P SmallCap Industrials Portfolio, Fundamental Pure Mid Growth Portfolio, Fundamental Pure Large Value Portfolio.
Outside of the PowerShares family, the most positively correlated other funds are Vanguard Mutual Funds - Total World Stock Index, Vanguard - Total World Stock, iShares - Aggressive Allocation ETF, Vanguard Mutual Funds - Materials Index Admiral Shares, iShares - MSCI ACWI ETF.
|PRN||PowerShares||DWA Industrials Momentum Portfolio||98.0%|
|PRFZ||PowerShares||FTSE RAFI US 1500 Small-Mid Portfolio||97.9%|
|PSCI||PowerShares||S&P SmallCap Industrials Portfolio||97.7%|
|PXMG||PowerShares||Fundamental Pure Mid Growth Portfolio||97.7%|
|PXLV||PowerShares||Fundamental Pure Large Value Portfolio||97.6%|
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