The DB US Dollar Index Bearish Fund fund is an exchange traded fund (ETF) within the PowerShares family. An extremely similar return profile for UDN can be found in at least 1 other fund we are tracking.

Within the PowerShares family of funds, the most positively correlated other funds are Multi-Strategy Alternative Portfolio, DB Oil Fund, DB Commodity Index Tracking Fund, DB Energy Fund, DB Agriculture Fund.

Outside of the PowerShares family, the most positively correlated other funds are iShares - 1-3 Year International Treasury Bond ETF, iShares - MSCI Colombia Capped ETF, iShares - Commodity Optimized Trust, SPDR - Barclays Short Term International Treasury Bond, iShares - MSCI Brazil Small-Cap ETF.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to PowerShares's DB US Dollar Index Bearish Fund fund: iShares - 1-3 Year International Treasury Bond ETF. The correlation between their daily movements is 99.0%.

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
LALT PowerShares Multi-Strategy Alternative Portfolio 91.1%
DBO PowerShares DB Oil Fund 86.6%
DBC PowerShares DB Commodity Index Tracking Fund 86.2%
DBE PowerShares DB Energy Fund 83.5%
DBA PowerShares DB Agriculture Fund 78.9%
Negatively Correlated PowerShares funds
KBWP PowerShares KBW Property & Casualty Insurance Portfolio -87.4%
XMLV PowerShares S&P MidCap Low Volatility Portfolio -85.6%
SPLV PowerShares S&P 500 Low Volatility Portfolio -85.5%
SPHD PowerShares S&P 500 High Dividend Portfolio -82.9%
PXLG PowerShares Fundamental Pure Large Growth Portfolio -82.3%

Positively Correlated Non-PowerShares funds
ISHG iShares 1-3 Year International Treasury Bond ETF 99.0%
ICOL iShares MSCI Colombia Capped ETF 94.7%
CMDT iShares Commodity Optimized Trust 94.4%
BWZ SPDR Barclays Short Term International Treasury Bond 93.5%
EWZS iShares MSCI Brazil Small-Cap ETF 91.3%
Negatively Correlated Non-PowerShares funds
VMVFX Vanguard Mutual Funds Global Minimum Volatility -93.0%
VMNVX Vanguard Mutual Funds Global Minimum Volatility Admiral Shares -93.0%
SYG SPDR MFS Systematic Growth Equity -92.2%
FSITX Fidelity Spartan U.S. Bond Index Fund - Fidelity Advantage Class -88.7%
VTABX Vanguard Mutual Funds Total International Bond Index Admiral Shares -88.2%

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