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Performance by Correlated Group

These fund groupings are generally derived from price correlation and therefore will in a few cases be non-intuitive to the fund name. They do, however, generally reflect what funds are moving in a related pattern within the dynamic marketplace. These groupings are recalculated each weekend and performance numbers are current with the site. See below for more detail.

 
Viewing Wednesday's Closing data.

  cGroupFundsTrad.RSf 1 Day5 Days1 Mth3 Mths 6 Mths1 Year
Financial 41 28 86.33 0.55 -0.88 -0.72 17.61 20.48 35.09
Industrial 17 14 79.17 0.40 0.01 0.06 11.52 10.23 34.23
Materials 39 36 74.84 -0.01 0.84 1.97 11.65 10.45 50.84
Energy 81 62 65.22 -0.88 0.77 -0.40 4.50 8.35 36.73
US Brd Mkt 547 475 64.59 0.14 0.02 0.52 7.08 6.39 26.43
Technology 38 27 62.42 0.27 0.29 1.38 4.09 8.43 24.48
Consum Discr 19 18 54.27 -0.12 0.04 -0.66 7.65 5.52 17.92
n/c 109 95 51.47 -0.06 0.11 1.52 4.94 6.59 9.89
Devlpd x/US 321 301 48.80 -0.26 0.29 2.83 4.55 5.68 18.06
Emerg Mkts 198 177 43.52 -0.21 0.79 3.97 -0.12 2.73 25.05
Utilities 13 11 41.71 -0.16 1.61 2.07 4.61 -2.70 17.32
Metals 50 32 40.87 -0.96 1.03 11.50 -0.46 -12.36 52.18
Agriculture 23 22 40.61 0.25 1.47 5.23 1.70 0.81 12.84
Real Estate 35 27 38.47 0.22 0.40 4.26 2.55 -3.27 18.07
Health Care 41 30 29.89 0.25 -1.90 1.40 1.55 -0.94 5.62
Consum Stpl 11 9 26.73 0.27 1.43 1.30 1.12 -4.40 10.20
Fixed Income 290 264 24.89 -0.23 0.05 1.28 -0.90 -0.62 5.51
Currency 33 26 22.38 -0.56 0.17 1.03 -0.60 -1.17 8.56

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 01/1801/1001/0312/2312/1612/0912/0211/2511/1711/1011/0310/2710/20
Financial 86.387.787.587.586.882.483.181.483.781.267.366.559.3
Industrial 79.281.580.882.582.783.087.984.284.484.970.768.960.9
Materials 74.876.271.871.775.878.477.475.473.377.372.765.762.4
Energy 65.259.771.372.974.470.177.354.044.247.746.064.267.4
US Brd Mkt 64.665.565.266.366.665.664.966.067.062.049.254.353.6
Technology 62.462.655.860.661.260.459.566.571.468.174.275.172.9
Consum Discr 54.354.255.659.862.063.460.162.261.746.124.522.524.5
n/c 51.553.149.951.649.546.751.449.851.952.057.955.554.6
Devlpd x/US 48.850.049.347.545.744.239.939.640.542.849.446.847.4
Emerg Mkts 43.542.138.933.737.545.843.446.444.153.172.172.471.2
Utilities 41.742.046.644.148.445.044.947.539.025.043.440.732.7
Metals 40.938.328.915.920.129.339.138.542.056.472.551.153.8
Agriculture 40.644.137.025.330.932.443.650.450.952.452.254.944.1
Real Estate 38.539.338.431.436.439.431.231.330.024.524.228.236.0
Health Care 29.929.419.425.425.721.022.635.039.941.310.615.320.9
Consum Stpl 26.721.129.134.434.728.819.123.322.114.429.126.120.1
Fixed Income 24.927.630.732.532.630.339.134.537.936.253.946.241.2
Currency 22.425.427.629.930.328.935.731.537.136.745.841.834.8

About Correlated Groups

Groups are seeded with one or more funds and then other funds are added based on correlation. Exceptions include Currency and Fixed Income funds which are assigned to their group due to generally weak correlations.

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.



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