Performance by Correlated Group

 

Viewing Thursday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	23	22	93.28	0.59	4.39	-9.61	28.30	48.91	102.65
	Metals	38	26	83.10	2.59	4.15	2.44	22.25	21.73	5.94
	Utilities	15	12	76.57	1.64	4.48	8.84	16.83	18.09	11.34
	Financial	34	28	74.37	0.47	2.32	3.18	7.52	20.41	29.72
	Technology	122	108	70.23	0.35	2.51	-0.24	2.25	21.13	31.32
	Industrial	73	68	66.17	0.80	2.82	1.54	5.85	19.99	21.47
	Consum Discr	127	109	65.09	1.07	2.80	2.23	5.25	20.25	23.45
	US Brd Mkt	601	572	61.35	0.52	2.43	0.82	4.03	17.02	21.77
	Materials	37	33	55.79	1.41	3.12	1.08	10.83	15.26	7.85
	Energy	65	53	55.79	0.95	2.36	-1.65	9.46	7.68	17.60
	Devlpd x/US	329	319	54.43	0.68	2.30	1.87	6.00	16.05	12.52
	Consum Stpl	46	44	48.81	0.79	2.22	2.74	6.01	13.73	10.55
	n/c	669	614	47.08	0.49	1.76	1.01	4.22	12.93	13.90
	Emerg Mkts	152	134	46.62	0.54	0.69	3.09	7.53	11.15	10.17
	Health Care	47	41	30.71	0.76	1.32	-0.07	-0.36	16.48	2.27
	Agriculture	6	6	27.84	-0.17	2.14	1.01	3.08	-1.48	-0.21
	Real Estate	40	35	25.28	1.62	2.35	1.39	0.85	10.96	5.14
	Fixed Income	396	377	20.84	0.13	0.73	0.80	0.61	5.42	3.97
	Volatility	6	4	17.98	-0.25	-2.30	-5.94	-4.47	-10.49	-22.74
	Currency	13	9	14.80	0.17	0.10	0.35	0.13	1.64	0.76

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 Thursday's Closing data.

Symbol	05/09	05/02	04/25	04/18	04/11	04/04	03/27	03/20	03/13	03/06	02/28	02/21	02/13
Crypto/Blkchain	93.3	93.0	99.1	98.7	96.7	98.8	99.0	99.0	99.2	99.1	99.0	98.9	98.2
Metals	83.1	73.6	80.2	83.4	77.1	65.8	29.9	32.0	34.4	24.9	13.8	15.6	14.2
Utilities	76.6	56.0	54.5	44.1	30.6	34.6	32.5	22.5	19.9	22.3	18.2	17.4	16.3
Financial	74.4	72.7	70.4	63.9	61.8	68.2	68.7	65.1	64.9	62.3	63.1	63.7	63.9
Technology	70.2	73.7	70.7	68.6	76.4	75.9	77.0	77.4	80.3	80.5	81.4	80.3	82.9
Industrial	66.2	64.1	67.2	64.6	64.7	66.9	68.8	66.9	67.0	66.8	68.3	66.8	66.5
Consum Discr	65.1	61.9	60.4	53.0	58.2	61.9	64.0	62.1	62.9	63.3	67.1	64.9	67.3
US Brd Mkt	61.4	60.6	63.2	64.1	65.0	65.3	67.2	66.6	67.2	67.4	68.2	67.5	68.6
Materials	55.8	46.7	49.2	50.1	47.4	43.0	37.8	37.7	36.7	29.7	30.0	28.7	26.4
Energy	55.8	55.7	65.1	66.3	66.4	63.1	50.9	53.4	45.2	31.2	29.6	33.1	24.9
Devlpd x/US	54.4	51.6	50.3	49.1	50.6	52.4	52.9	54.0	53.3	53.1	50.5	50.3	47.8
Consum Stpl	48.8	41.6	45.7	40.1	36.4	39.6	43.7	40.2	40.1	37.3	36.9	36.9	33.4
n/c	47.1	47.2	47.9	49.1	48.9	48.0	47.7	48.0	48.1	48.2	48.8	48.3	48.7
Emerg Mkts	46.6	56.9	42.9	40.8	42.6	38.9	35.7	38.0	38.6	38.6	37.4	41.0	36.2
Health Care	30.7	33.8	24.2	24.5	32.5	33.8	45.6	45.4	48.7	51.0	61.9	54.9	55.9
Agriculture	27.8	25.6	33.0	33.1	31.2	33.2	29.6	24.4	22.1	16.7	16.7	16.6	18.7
Real Estate	25.3	18.7	15.0	10.0	14.9	18.5	27.8	21.5	28.7	27.0	29.4	34.1	28.0
Fixed Income	20.8	21.6	23.6	28.0	23.8	23.4	23.0	23.5	23.8	27.6	27.7	28.5	31.7
Volatility	18.0	18.4	22.0	28.2	25.5	22.5	24.6	26.3	24.2	24.4	24.6	25.3	25.2
Currency	14.8	16.9	19.7	22.2	17.9	15.9	14.4	16.7	15.1	15.7	17.0	17.8	21.2

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.