The S&P MidCap Low Volatility Portfolio fund is an exchange traded fund (ETF) within the PowerShares family. There are 4 other funds we track which provide a return similar to XMLV.

Within the PowerShares family of funds, the most positively correlated other funds are S&P 500 Low Volatility Portfolio, High Yield Equity Dividend Achievers Portfolio, S&P 500 High Dividend Portfolio, S&P 500 High Quality Portfolio, S&P SmallCap Low Volatility Portfolio.

Outside of the PowerShares family, the most positively correlated other funds are iShares - MSCI USA Minimum Volatility ETF, Vanguard Mutual Funds - Consumer Staples Index Admiral Shares, Vanguard - Consumer Staples, SPDR - Consumer Staples Select Sector SPDRFund, iShares - U.S. Consumer Goods ETF.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to PowerShares's S&P MidCap Low Volatility Portfolio fund.
99.5% USMV iShares MSCI USA Minimum Volatility ETF
99.5% SPLV PowerShares S&P 500 Low Volatility Portfolio
99.1% VCSAX Vanguard Mutual Funds Consumer Staples Index Admiral Shares
99.1% VDC Vanguard Consumer Staples

Performance for the previous 2 years


Positively Correlated PowerShares ETFs
SPLV PowerShares S&P 500 Low Volatility Portfolio 99.5%
PEY PowerShares High Yield Equity Dividend Achievers Portfolio 98.9%
SPHD PowerShares S&P 500 High Dividend Portfolio 98.5%
SPHQ PowerShares S&P 500 High Quality Portfolio 98.1%
XSLV PowerShares S&P SmallCap Low Volatility Portfolio 97.3%
Negatively Correlated PowerShares funds
DBC PowerShares DB Commodity Index Tracking Fund -89.9%
PVI PowerShares VRDO Tax-Free Weekly Portfolio -89.6%
DBE PowerShares DB Energy Fund -88.0%
DBO PowerShares DB Oil Fund -86.5%
UDN PowerShares DB US Dollar Index Bearish Fund -85.6%

Positively Correlated Non-PowerShares funds
USMV iShares MSCI USA Minimum Volatility ETF 99.5%
VCSAX Vanguard Mutual Funds Consumer Staples Index Admiral Shares 99.1%
VDC Vanguard Consumer Staples 99.1%
XLP SPDR Consumer Staples Select Sector SPDRFund 98.9%
IYK iShares U.S. Consumer Goods ETF 98.7%
Negatively Correlated Non-PowerShares funds
BIL SPDR Barclays 1-3 Month T-Bill -91.9%
EWZS iShares MSCI Brazil Small-Cap ETF -89.1%
GSG iShares S&P GSCI Commodity-Indexed Trust -88.8%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -85.5%
CMDT iShares Commodity Optimized Trust -84.5%

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