The DB US Dollar Index Bearish Fund fund is an exchange traded fund (ETF) within the PowerShares family. 1 other fund in our database has a greater than 99% correlation with UDN.

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%

© 2016 SimilarStocks.com, All Rights Reserved