Performance by Correlated Group

 

Viewing Friday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	23	22	95.20	3.88	-3.24	-8.92	36.26	54.84	99.93
	Technology	122	108	73.79	1.43	0.84	-1.05	3.18	25.98	32.28
	Metals	38	26	72.95	-0.14	-2.02	0.83	15.16	17.19	3.03
	Financial	34	28	71.93	0.56	1.01	0.35	4.91	22.34	27.71
	Industrial	73	68	64.33	0.92	0.88	-0.87	4.52	21.10	19.60
	Consum Discr	127	109	62.08	0.86	1.14	-0.76	3.70	22.24	21.78
	Utilities	15	12	60.51	0.71	3.23	4.28	10.14	15.42	8.76
	US Brd Mkt	601	572	60.05	0.95	0.47	-0.81	3.12	18.80	20.69
	Emerg Mkts	152	134	57.57	0.82	3.15	3.18	9.70	15.53	12.08
	Energy	65	53	56.54	0.51	-2.27	-3.12	8.80	4.22	18.71
	Devlpd x/US	329	319	52.55	0.90	1.34	0.15	4.45	17.36	12.22
	Materials	37	33	50.02	1.06	1.31	-0.39	8.27	14.64	6.88
	n/c	668	613	47.11	0.75	0.86	-0.10	3.57	14.46	13.63
	Consum Stpl	46	44	41.24	0.44	0.69	0.12	3.24	14.26	8.60
	Health Care	47	41	34.93	1.02	3.93	-0.32	0.58	21.08	2.89
	Agriculture	6	6	27.74	1.29	-0.75	-0.19	2.25	-1.64	0.03
	Fixed Income	396	377	21.13	0.44	0.89	-0.25	-0.01	6.54	3.18
	Real Estate	40	35	20.43	0.55	1.67	-1.09	-1.59	12.67	4.57
	Volatility	6	4	16.86	-0.99	-2.19	-3.25	-5.57	-11.31	-22.81
	Currency	13	9	15.54	0.22	0.66	-0.04	0.03	2.27	1.28

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 Friday's Closing data.

Symbol	05/03	04/26	04/19	04/12	04/05	03/28	03/21	03/14	03/07	02/29	02/22	02/14	02/07
Crypto/Blkchain	95.2	98.9	99.0	95.8	98.4	98.9	98.9	99.1	99.0	99.0	98.7	98.6	95.9
Technology	73.8	74.2	64.0	74.7	76.2	76.5	77.9	79.0	81.1	81.5	81.3	83.8	82.7
Metals	73.0	79.5	85.8	77.9	69.3	35.1	28.6	37.7	29.1	13.0	14.7	13.0	15.4
Financial	71.9	66.4	67.3	63.3	67.2	70.3	65.9	62.2	60.3	63.2	62.6	64.9	60.1
Industrial	64.3	66.2	66.7	65.3	66.5	68.7	67.6	66.2	66.8	68.9	67.0	66.6	66.2
Consum Discr	62.1	61.4	56.2	58.3	62.8	64.3	62.9	59.9	63.3	68.7	64.4	69.3	60.6
Utilities	60.5	47.5	50.3	32.9	35.4	38.0	22.9	18.3	25.4	18.9	16.0	16.9	16.6
US Brd Mkt	60.0	63.2	62.9	65.7	64.9	67.5	67.3	67.2	67.4	68.1	68.1	68.0	68.8
Emerg Mkts	57.6	45.4	40.6	38.1	39.2	35.4	38.1	39.9	38.8	36.3	39.9	38.0	37.7
Energy	56.5	61.7	69.3	68.1	65.5	52.6	51.1	52.6	33.8	31.7	31.3	21.0	19.6
Devlpd x/US	52.5	50.3	49.9	48.3	51.6	51.5	52.4	52.9	54.7	50.4	51.0	48.7	50.2
Materials	50.0	48.9	52.9	45.6	45.3	38.4	36.8	36.2	33.8	30.4	29.3	27.5	26.7
n/c	47.1	47.9	48.7	49.2	48.0	47.8	48.2	48.4	48.4	48.6	48.6	48.5	49.1
Consum Stpl	41.2	42.4	45.7	36.9	39.3	45.2	40.5	38.3	38.7	38.5	37.0	33.1	32.1
Health Care	34.9	27.2	23.6	29.9	35.6	44.9	44.7	44.2	52.6	57.3	55.8	57.4	50.0
Agriculture	27.7	31.5	33.7	32.7	31.7	30.8	25.6	24.1	16.2	15.7	14.4	16.5	19.4
Fixed Income	21.1	22.8	27.7	26.0	22.6	22.4	23.8	24.5	25.6	26.8	27.8	30.6	33.4
Real Estate	20.4	17.2	10.4	13.2	20.6	31.1	24.2	23.9	27.9	31.5	32.2	31.4	26.7
Volatility	16.9	20.6	26.7	26.6	23.1	25.5	26.7	24.3	23.6	25.2	25.5	25.9	27.9
Currency	15.5	17.8	21.7	19.9	15.4	14.3	15.7	16.3	15.6	16.6	17.1	19.4	20.3

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.