The UltraShort Basic Materials fund, symbol SMN, is an exchange traded fund (ETF) within the PowerShares family. There aren't any other funds that we track with a return profile that is extremely similar to SMN.

Which PowerShares funds are most similar to SMN?

Similarity Symbol Fund Family Fund Name Compare
Similar SMDD PowerShares UltraPro Short MidCap400
Somewhat Similar SDOW PowerShares UltraPro Short Dow30
Somewhat Similar VIXY PowerShares VIX Short-Term Futures ETF **
Somewhat Similar SSG PowerShares UltraShort Semiconductors
Somewhat Similar BZQ PowerShares UltraShort MSCI Brazil Capped

Which Non-PowerShares funds are most similar to SMN?

We don't track any Non-PowerShares funds which are similar enough to SMN to be practically useful.

Which PowerShares funds are negatively correlated to SMN?

Correlation Symbol Fund Family Fund Name Compare
-71.9% UYM PowerShares Ultra Basic Materials
-64.6% MVV PowerShares Ultra MidCap400
-64.3% UXI PowerShares Ultra Industrials
-63.3% SSO PowerShares Ultra S&P500
-63.1% DDM PowerShares Ultra Dow30
-61.7% UWM PowerShares Ultra Russell2000
-61.0% CSM PowerShares Large Cap Core Plus
-60.8% UMDD PowerShares UltraPro MidCap400
-60.7% SAA PowerShares Ultra SmallCap600
-59.9% UPRO PowerShares UltraPro S&P500

Which Non-PowerShares funds are negatively correlated to SMN?

Correlation Symbol Fund Family Fund Name Compare
-72.7% IYM iShares U.S. Basic Materials ETF
-72.5% VMIAX Vanguard Mutual Funds Materials Index Fund Admiral Shares
-72.3% VAW Vanguard Materials ETF
-71.7% XLB SPDR The Materials Select Sector SPDR Fund
-71.5% FSDPX Fidelity Select Materials Portfolio
-70.6% FSCHX Fidelity Select Chemicals Portfolio
-69.4% MXI iShares Global Materials ETF
-66.9% FXZ First Trust Materials AlphaDEX® Fund
-66.8% FMCSX Fidelity Mid-Cap Stock Fund
-66.7% FSMVX Fidelity Mid-Cap Value Fund

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All correlation calculations and similarity scores use our proprietary logic, which may or may not reflect all the nuances or relations between various stocks. None of the information provided constitutes a recommendation to buy or sell, a trading strategy, nor should the information provided to be taken as any guarantee of a relationship between two stocks either in the past, present or future. All the information is provided "as is" and the user assumes the entire risk of any use of this information. All data is provided for internal use only and may not be reproduced with permission from the administrator of All Trademarks and other marks on this site not owned by are the property of their respective owners.