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Interesting ETF Correlation tool

ibartman
edited February 2012 in Fund Discussions
>> CORRELATION TRACKER (From Powershares)

The Correlation Tracker allows the user to determine the correlation between PowerShares products and various other securities. Enter the ticker of the security you would like to view correlation with in the [Enter Symbol] box. You can view other PowerShares products by entering them in the [Add a Symbol] box. To reverse the correlation, click on the arrow in the upper left box.

[Provides correlation of given symbol to Powershares and *other* ETFs. Also has link to SmartMoney plot tool.]

Link:
http://www.invescopowershares.com/tools/correlation.aspx

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