The S&P Russia fund is an exchange traded fund (ETF) within the SPDR family. An extremely similar return profile for RBL can be found in at least 1 other fund we are tracking.

Within the SPDR family of funds, the most positively correlated other funds are S&P Emerging Europe, S&P Emerging Latin America, S&P Metals and Mining, Barclays International High Yield Bond, S&P Emerging Markets Dividend.

Outside of the SPDR family, the most positively correlated other funds are iShares - MSCI Russia Capped ETF, iShares - MSCI Emerging Markets Energy Capped ETF, iShares - Latin America 40 ETF, iShares - MSCI Brazil Capped ETF, iShares - MSCI Brazil Small-Cap ETF.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to SPDR's S&P Russia fund: iShares - MSCI Russia Capped ETF. The correlation between their daily movements is 99.7%.

Performance for the previous 2 years

Positively Correlated SPDR ETFs
GUR SPDR S&P Emerging Europe 97.6%
GML SPDR S&P Emerging Latin America 93.4%
XME SPDR S&P Metals and Mining 93.4%
IJNK SPDR Barclays International High Yield Bond 91.2%
EDIV SPDR S&P Emerging Markets Dividend 89.8%

Positively Correlated Non-SPDR funds
ERUS iShares MSCI Russia Capped ETF 99.7%
EMEY iShares MSCI Emerging Markets Energy Capped ETF 94.8%
ILF iShares Latin America 40 ETF 92.9%
EWZ iShares MSCI Brazil Capped ETF 92.5%
EWZS iShares MSCI Brazil Small-Cap ETF 92.0%
Negatively Correlated Non-SPDR funds
SCHO Schwab Short Term U.S. Treasury -88.0%
FSITX Fidelity Spartan U.S. Bond Index Fund - Fidelity Advantage Class -87.1%
PWZ PowerShares Insured California Municipal Bond Portfolio -86.5%
SCHR Schwab General U.S. Treasury -86.3%
BNDX Vanguard Total International Bond -85.9%

© 2016, All Rights Reserved