The S&P Pharmaceuticals fund is an exchange traded fund (ETF) within the SPDR family. There are at least 3 funds that are incredibly highly correlated with XPH.
Within the SPDR family of funds, the most positively correlated other funds are S&P Biotech, S&P International Health Care Sector, Health Care Select Sector Fund, S&P Health Care Services, S&P Retail.
Outside of the SPDR family, the most positively correlated other funds are iShares - U.S. Pharmaceuticals ETF, PowerShares - Dynamic Pharmaceuticals Portfolio, iShares - Nasdaq Biotechnology ETF, PowerShares - Dynamic Biotechnology & Genome Portfolio, Vanguard - Health Care.
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