Performance by Correlated Group

 

Viewing Tuesday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	23	22	95.76	-0.84	6.56	-11.13	37.76	52.39	94.38
	Metals	38	26	77.96	-0.10	2.47	0.07	18.14	16.32	4.05
	Technology	122	108	73.85	-0.36	3.48	-1.25	4.27	21.93	31.38
	Financial	34	28	71.94	0.01	2.99	-0.04	6.89	18.30	27.94
	Utilities	15	12	68.45	0.72	4.26	5.06	13.54	14.06	8.94
	Industrial	73	68	65.38	0.08	2.72	-0.76	5.83	18.02	20.02
	Consum Discr	127	109	64.46	0.03	3.41	-0.68	5.73	17.95	21.95
	US Brd Mkt	601	572	62.34	0.12	2.55	-0.58	4.49	16.43	20.87
	Energy	65	53	56.18	0.00	0.70	-2.64	9.74	3.25	17.33
	Devlpd x/US	329	318	52.70	0.11	3.10	0.22	5.40	14.39	11.57
	Materials	37	33	52.61	0.52	3.44	-0.23	10.18	12.00	6.72
	n/c	669	614	47.54	0.07	2.27	-0.01	4.33	12.37	13.43
	Emerg Mkts	152	134	45.71	-0.51	2.80	2.03	6.61	11.12	9.62
	Consum Stpl	46	44	44.65	0.52	2.13	0.69	5.01	11.79	8.87
	Health Care	47	41	32.62	0.31	3.32	-0.61	-0.30	16.50	1.99
	Agriculture	6	6	30.21	0.86	3.04	1.87	4.46	-1.12	-0.23
	Fixed Income	396	377	21.67	0.11	1.31	0.21	0.44	5.40	3.56
	Real Estate	40	35	19.13	0.62	3.18	-1.96	0.21	7.50	3.12
	Volatility	6	4	18.43	0.07	-2.69	-5.21	-4.26	-11.23	-22.78
	Currency	13	9	15.19	-0.16	0.67	-0.16	-0.09	1.25	0.70

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 Tuesday's Closing data.

Symbol	05/07	04/30	04/23	04/16	04/09	04/02	03/25	03/18	03/11	03/04	02/26	02/16	02/09
Crypto/Blkchain	95.8	98.1	99.1	97.0	97.6	98.8	99.0	99.1	99.1	99.1	98.8	98.7	97.8
Metals	78.0	74.5	75.8	78.0	74.3	53.5	25.6	32.6	33.3	18.8	14.7	16.9	15.5
Technology	73.9	72.6	68.3	72.7	76.3	75.2	77.4	77.4	81.5	81.8	82.1	82.3	83.5
Financial	71.9	65.4	70.1	64.3	67.0	67.6	67.1	59.8	62.9	61.6	61.6	64.0	62.9
Utilities	68.5	56.5	50.4	29.0	34.0	39.1	31.3	18.8	22.1	22.2	15.0	16.8	16.3
Industrial	65.4	66.6	66.8	66.1	66.3	66.7	67.3	65.1	66.7	68.0	67.4	66.1	66.2
Consum Discr	64.5	56.8	60.0	59.0	63.5	59.6	62.8	55.7	62.1	67.4	66.0	67.2	68.5
US Brd Mkt	62.3	63.4	62.4	65.4	64.4	67.0	67.4	67.5	67.7	68.1	67.9	67.7	68.5
Energy	56.2	55.8	63.6	68.4	64.7	63.9	56.0	56.3	40.0	31.1	29.8	28.5	23.4
Devlpd x/US	52.7	50.8	52.3	48.3	50.8	50.0	52.3	53.0	52.5	50.6	51.9	50.0	49.2
Materials	52.6	46.4	46.7	46.9	48.2	41.4	37.4	37.2	33.9	30.0	30.4	29.6	28.3
n/c	47.5	48.2	47.0	49.1	47.8	48.1	47.8	48.8	48.2	48.5	48.5	48.5	48.5
Emerg Mkts	45.7	47.5	41.9	36.1	41.9	37.5	36.5	37.9	39.2	37.9	39.3	38.3	36.2
Consum Stpl	44.6	42.9	45.3	37.0	40.0	44.0	43.1	38.1	39.9	37.5	35.6	33.9	33.7
Health Care	32.6	31.3	26.0	28.8	32.3	38.0	44.7	42.9	51.8	56.4	59.4	59.1	53.0
Agriculture	30.2	30.2	31.7	32.9	30.6	34.2	30.2	28.9	20.3	16.3	14.9	15.1	20.4
Fixed Income	21.7	23.8	24.1	26.5	22.3	23.6	23.0	25.9	24.8	26.5	27.3	29.7	30.3
Real Estate	19.1	15.4	14.2	10.7	26.5	18.9	26.9	16.0	30.8	35.5	28.1	29.8	31.8
Volatility	18.4	20.5	21.1	27.8	22.8	25.9	26.1	27.3	22.8	25.7	25.3	25.5	26.0
Currency	15.2	19.7	17.4	21.9	15.0	16.0	15.3	19.4	15.2	16.3	17.6	18.3	19.9

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.