Performance by Correlated Group

 

Viewing Wednesday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Metals	38	26	91.67	0.37	-1.54	4.25	12.29	34.71	39.41
	Crypto/Blkchain	24	23	89.96	1.31	2.48	-0.54	19.30	1.79	41.51
	Technology	117	104	77.41	-0.13	2.60	7.03	10.32	6.99	19.44
	Utilities	15	12	73.23	-1.48	0.53	0.89	7.11	10.60	22.87
	Emerg Mkts	150	132	72.03	0.02	1.59	2.55	6.54	11.56	11.87
	Devlpd x/US	305	296	70.35	-0.52	0.49	1.45	5.34	13.59	13.08
	Financial	33	27	66.91	-0.54	2.63	2.87	2.37	5.05	22.39
	Volatility	5	3	63.94	-0.32	-4.17	-5.70	9.53	-0.63	11.36
	US Brd Mkt	576	548	54.08	-0.30	1.30	3.62	3.96	3.27	10.01
	n/c	636	579	48.83	-0.26	0.68	2.59	3.31	4.48	8.12
	Currency	13	9	48.66	0.03	0.40	0.33	3.25	5.24	5.21
	Industrial	72	67	48.49	-0.72	1.09	3.11	3.76	3.10	9.34
	Materials	37	33	42.85	-0.59	-0.35	3.16	3.66	9.18	1.63
	Consum Stpl	46	44	37.26	-1.17	-0.12	0.11	-0.23	2.26	8.58
	Consum Discr	124	106	32.62	-0.90	1.34	3.17	1.88	-3.13	6.00
	Fixed Income	382	363	31.26	-0.02	0.56	1.28	0.56	1.89	3.40
	Real Estate	39	34	23.60	-2.07	-0.74	1.72	-1.24	1.72	6.05
	Agriculture	6	6	21.94	-0.60	-2.55	-2.68	-3.92	0.20	-3.43
	Energy	62	52	21.56	-0.70	-4.89	2.23	-5.74	1.70	-2.86
	Health Care	46	40	16.76	-0.37	0.86	3.74	-2.86	-2.54	-4.42

The dynamics of Relative Strength are illustraded below for the past quarter. From this you can visualize which funds are improving on a relative basis and which are deteriorating.

5-day Intervals

Viewing Wednesday's Closing data.

Symbol	06/25	06/17	06/10	06/03	05/27	05/19	05/12	05/05	04/28	04/21	04/11	04/04	03/28
Metals	91.7	91.9	91.8	91.9	89.8	86.4	86.5	86.7	92.1	92.7	90.7	87.9	94.4
Crypto/Blkchain	90.0	91.6	96.6	90.4	93.0	90.5	86.3	64.3	64.6	55.2	57.3	57.9	51.1
Technology	77.4	75.9	79.2	72.7	67.4	59.6	61.8	51.3	45.1	27.3	32.3	23.9	30.9
Utilities	73.2	71.6	67.4	77.6	78.5	81.1	74.8	76.5	80.6	78.5	83.9	81.7	83.6
Emerg Mkts	72.0	67.1	70.1	69.6	69.8	72.7	71.4	73.7	67.1	64.5	54.4	51.1	57.8
Devlpd x/US	70.4	69.9	71.0	73.3	75.6	74.8	75.0	75.7	73.3	69.9	65.3	54.7	67.8
Financial	66.9	62.0	67.6	61.7	65.6	67.4	69.2	62.2	55.4	53.8	63.8	59.6	82.6
Volatility	63.9	89.8	57.2	85.7	88.3	92.0	85.2	90.5	90.2	84.9	94.9	85.9	69.9
US Brd Mkt	54.1	53.8	55.1	53.0	50.9	50.3	50.0	44.2	39.6	36.8	42.2	39.4	41.3
n/c	48.8	49.4	48.3	48.8	48.7	48.4	48.5	49.4	50.9	50.7	50.3	50.7	48.9
Currency	48.7	47.6	39.8	50.1	54.5	55.7	54.0	67.1	70.3	80.4	78.8	79.9	59.7
Industrial	48.5	46.4	51.0	47.3	46.1	47.4	45.4	39.4	32.4	32.1	37.4	33.9	40.5
Materials	42.9	43.4	43.9	39.0	35.8	31.8	30.4	30.5	30.5	30.4	27.1	23.4	36.8
Consum Stpl	37.3	37.1	37.2	41.6	43.3	52.4	51.6	56.1	56.6	64.4	68.5	69.3	73.2
Consum Discr	32.6	30.6	39.1	28.6	27.9	23.3	23.5	18.2	16.6	16.9	19.2	22.1	22.7
Fixed Income	31.3	30.8	25.7	32.6	37.0	39.8	40.5	51.1	62.9	69.0	67.3	78.2	58.5
Real Estate	23.6	20.8	27.1	20.5	22.4	36.6	41.8	52.7	43.6	51.3	44.9	56.7	61.6
Agriculture	21.9	33.2	26.5	30.7	33.2	33.5	34.2	35.6	49.6	71.0	60.7	61.3	47.4
Energy	21.6	46.1	24.3	24.6	23.5	22.2	25.7	26.7	34.9	37.4	32.7	40.5	62.4
Health Care	16.8	15.3	18.2	15.5	14.4	14.8	14.1	17.3	17.7	23.0	22.8	31.7	31.1

Note that some funds will be assigned a group that looks inappropriate. Often there is an economic reason for the fund to track the assigned group but sometimes, especially with low volume funds, the fund may not have strong correlation with any group.

The statistics above reflect the average of all traditional funds in the group. This excludes the effect of short and leveraged funds of which some groups have more than others. The number of traditional funds is in the Trad column above, where the Funds column is the total number of funds in the group.