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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 Friday's Closing data.

  cGroupFundsTrad.RSf 1 Day5 Days1 Mth3 Mths 6 Mths1 Year
Technology 46 33 85.55 0.29 -0.80 0.82 8.65 10.93 30.43
Financial 45 31 76.90 -0.06 -2.80 -3.39 0.58 16.29 27.89
Emerg Mkts 184 162 74.81 0.30 0.45 1.65 13.45 5.15 19.30
Industrial 22 17 66.70 -0.40 -2.21 -0.59 2.49 11.23 19.23
Materials 40 36 66.14 -0.44 -1.59 -2.71 3.90 10.23 26.82
Devlpd x/US 328 309 59.19 0.22 -0.23 1.16 6.89 6.05 14.81
US Brd Mkt 493 438 55.86 -0.06 -1.43 -1.30 1.91 6.76 16.00
Health Care 45 33 49.66 0.42 -1.27 0.67 7.86 -1.25 14.45
n/c 86 75 49.52 0.20 -0.52 -0.56 3.42 4.92 11.23
Consum Discr 15 15 44.85 0.06 -1.13 -0.69 0.92 7.66 10.16
Utilities 14 12 44.51 0.45 1.17 2.13 6.11 3.83 10.78
Metals 78 55 41.39 0.02 0.84 -1.97 8.73 -5.15 10.63
Consum Stpl 12 10 33.91 -0.03 -0.54 0.24 4.51 2.59 6.56
Real Estate 39 29 30.32 -0.02 0.00 -1.88 3.22 -2.53 8.15
Energy 111 85 26.01 -0.02 -1.19 -5.07 -5.89 0.28 15.06
Fixed Income 290 264 24.74 0.09 0.28 -0.04 1.70 -0.60 3.53
Currency 33 26 24.61 -0.03 -0.10 0.01 2.39 -0.13 4.87
Agriculture 22 21 21.22 -0.26 -1.34 -4.19 1.01 -3.35 2.90

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 03/2403/1703/1003/0302/2402/1602/0902/0201/2601/1901/1101/0412/27
Technology 85.685.087.782.381.882.480.077.274.974.172.065.568.4
Financial 76.979.984.082.680.880.781.281.682.582.582.984.584.2
Emerg Mkts 74.867.558.156.961.558.849.549.747.243.842.639.133.2
Industrial 66.772.274.373.867.769.572.873.577.874.573.374.576.5
Materials 66.165.562.374.474.978.775.879.279.079.280.979.076.4
Devlpd x/US 59.256.854.552.249.650.148.148.749.249.850.449.547.0
US Brd Mkt 55.959.162.762.261.460.962.561.863.563.563.564.266.0
Health Care 49.753.863.050.737.834.242.936.323.625.225.019.823.0
n/c 49.548.954.251.550.448.949.149.750.050.147.947.949.2
Consum Discr 44.945.950.546.346.350.855.653.255.655.855.256.659.8
Utilities 44.540.544.649.146.635.229.329.937.041.444.947.446.3
Metals 41.431.627.634.940.035.831.732.032.338.338.034.828.8
Consum Stpl 33.936.340.834.931.729.425.924.628.928.223.629.035.5
Real Estate 30.332.127.337.342.338.135.834.036.137.437.941.132.9
Energy 26.029.931.645.250.157.769.869.670.670.768.271.477.7
Fixed Income 24.723.426.822.021.821.222.123.224.626.226.428.533.0
Currency 24.624.226.522.321.821.921.823.424.624.324.926.629.4
Agriculture 21.222.926.333.129.535.534.938.939.140.040.638.127.5

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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