The Wells Fargo Preferred Stock fund is an exchange traded fund (ETF) within the SPDR family. This fund has 2 other funds which are extremely similar to it.

Within the SPDR family of funds, the most positively correlated other funds are Dow Jones REIT, Barclays Mortgage Backed Bond, Dow Jones Global Real Estate, Barclays Intermediate Term Corporate Bond, Nuveen S&P High Yield Municipal Bond.

Outside of the SPDR family, the most positively correlated other funds are PowerShares - Financial Preferred Portfolio, PowerShares - Preferred Portfolio, iShares - U.S. Preferred Stock ETF, iShares - Residential Real Estate Capped ETF, iShares - Cohen & Steers REIT ETF.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to SPDR's Wells Fargo Preferred Stock fund.
99.4% PGF PowerShares Financial Preferred Portfolio
99.4% PGX PowerShares Preferred Portfolio

Performance for the previous 2 years


Positively Correlated SPDR ETFs
RWR SPDR Dow Jones REIT 98.1%
MBG SPDR Barclays Mortgage Backed Bond 96.6%
RWO SPDR Dow Jones Global Real Estate 96.3%
ITR SPDR Barclays Intermediate Term Corporate Bond 96.2%
HYMB SPDR Nuveen S&P High Yield Municipal Bond 96.0%
Negatively Correlated SPDR funds
BIL SPDR Barclays 1-3 Month T-Bill -92.2%
QESP SPDR MSCI Spain Quality Mix -83.3%
EDIV SPDR S&P Emerging Markets Dividend -82.6%
RBL SPDR S&P Russia -78.8%
XME SPDR S&P Metals and Mining -77.3%

Positively Correlated Non-SPDR funds
PGF PowerShares Financial Preferred Portfolio 99.4%
PGX PowerShares Preferred Portfolio 99.4%
PFF iShares U.S. Preferred Stock ETF 98.9%
REZ iShares Residential Real Estate Capped ETF 98.7%
ICF iShares Cohen & Steers REIT ETF 98.5%
Negatively Correlated Non-SPDR funds
LALT PowerShares Multi-Strategy Alternative Portfolio -87.3%
EMEY iShares MSCI Emerging Markets Energy Capped ETF -86.1%
CMDT iShares Commodity Optimized Trust -86.1%
QAT iShares MSCI Qatar Capped ETF -85.5%
EWZS iShares MSCI Brazil Small-Cap ETF -85.1%

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