The S&P Biotech fund is an exchange traded fund (ETF) within the SPDR family. An extremely similar return profile for XBI 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 Pharmaceuticals, Health Care Select Sector Fund, S&P Health Care Services, S&P Health Care Equipment, S&P International Health Care Sector.

Outside of the SPDR family, the most positively correlated other funds are iShares - Nasdaq Biotechnology ETF, PowerShares - Dynamic Biotechnology & Genome Portfolio, PowerShares - Dynamic Pharmaceuticals Portfolio, iShares - U.S. Pharmaceuticals ETF, Vanguard Mutual Funds - Health Care.

Extremely Similar Fund

There is one fund which has a greater than 99% correlation to SPDR's S&P Biotech fund: iShares - Nasdaq Biotechnology ETF. The correlation between their daily movements is 99.4%.

Performance for the previous 2 years


Positively Correlated SPDR ETFs
XPH SPDR S&P Pharmaceuticals 98.1%
XLV SPDR Health Care Select Sector Fund 97.3%
XHS SPDR S&P Health Care Services 96.4%
XHE SPDR S&P Health Care Equipment 95.5%
IRY SPDR S&P International Health Care Sector 95.2%
Negatively Correlated SPDR funds
RBL SPDR S&P Russia -79.3%
EDIV SPDR S&P Emerging Markets Dividend -73.2%
TOTL SPDR DoubleLine Total Return Tactical -66.8%
SIPE SPDR Barclays 0-5 Year TIPS -62.8%
XME SPDR S&P Metals and Mining -61.0%

Positively Correlated Non-SPDR funds
IBB iShares Nasdaq Biotechnology ETF 99.4%
PBE PowerShares Dynamic Biotechnology & Genome Portfolio 98.5%
PJP PowerShares Dynamic Pharmaceuticals Portfolio 98.4%
IHE iShares U.S. Pharmaceuticals ETF 98.2%
VGHCX Vanguard Mutual Funds Health Care 97.8%
Negatively Correlated Non-SPDR funds
EWZS iShares MSCI Brazil Small-Cap ETF -85.6%
SLVP iShares MSCI Global Silver Miners ETF -82.4%
RING iShares MSCI Global Gold Miners ETF -82.2%
ERUS iShares MSCI Russia Capped ETF -81.8%
ISHG iShares 1-3 Year International Treasury Bond ETF -78.4%

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