PowerShares - Insured New York Municipal Bond Portfolio Symbol: PZT
The Insured New York Municipal Bond Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are at least 5 funds that are incredibly highly correlated with PZT.
Within the PowerShares family of funds, the most positively correlated other funds are Insured National Municipal Bond Portfolio, Insured California Municipal Bond Portfolio, Build America Bond Portfolio, Emerging Markets Sovereign Debt Portfolio, Active U.S. Real Estate Fund.
Outside of the PowerShares family, the most positively correlated other funds are Vanguard Mutual Funds - High-Yield Tax-Exempt, Vanguard Mutual Funds - High-Yield Tax-Exempt Admiral Shares, Vanguard Mutual Funds - California Long-Term Tax-Exempt, Vanguard Mutual Funds - California Long-Term Tax-Exempt Admiral Shares, Vanguard Mutual Funds - Long-Term Tax-Exempt.
Extremely Similar Funds
There are multiple other funds which have extremely high correlation to PowerShares's Insured New York Municipal Bond Portfolio fund.| 99.8% | PZA | PowerShares | Insured National Municipal Bond Portfolio |
| 99.6% | PWZ | PowerShares | Insured California Municipal Bond Portfolio |
| 99.1% | VWAHX | Vanguard Mutual Funds | High-Yield Tax-Exempt |
| 99.1% | VWALX | Vanguard Mutual Funds | High-Yield Tax-Exempt Admiral Shares |
| 99.0% | VCITX | Vanguard Mutual Funds | California Long-Term Tax-Exempt |
Performance for the previous 2 years
| PZA | PowerShares | Insured National Municipal Bond Portfolio | 99.8% |
| PWZ | PowerShares | Insured California Municipal Bond Portfolio | 99.6% |
| BAB | PowerShares | Build America Bond Portfolio | 97.6% |
| PCY | PowerShares | Emerging Markets Sovereign Debt Portfolio | 96.1% |
| PSR | PowerShares | Active U.S. Real Estate Fund | 95.5% |
| LALT | PowerShares | Multi-Strategy Alternative Portfolio | -80.0% |
| UDN | PowerShares | DB US Dollar Index Bearish Fund | -63.9% |
| PBW | PowerShares | WilderHill Clean Energy Portfolio | -61.9% |
| DBO | PowerShares | DB Oil Fund | -60.5% |
| EELV | PowerShares | S&P Emerging Markets Low Volatility Portfolio | -54.0% |
| VWAHX | Vanguard Mutual Funds | High-Yield Tax-Exempt | 99.1% |
| VWALX | Vanguard Mutual Funds | High-Yield Tax-Exempt Admiral Shares | 99.1% |
| VCITX | Vanguard Mutual Funds | California Long-Term Tax-Exempt | 99.0% |
| VCLAX | Vanguard Mutual Funds | California Long-Term Tax-Exempt Admiral Shares | 99.0% |
| VWLTX | Vanguard Mutual Funds | Long-Term Tax-Exempt | 99.0% |
| QESP | SPDR | MSCI Spain Quality Mix | -87.3% |
| ERUS | iShares | MSCI Russia Capped ETF | -87.0% |
| RBL | SPDR | S&P Russia | -85.1% |
| QAT | iShares | MSCI Qatar Capped ETF | -83.6% |
| CMDT | iShares | Commodity Optimized Trust | -82.3% |