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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
Financial 40 27 83.67 -0.56 -0.16 2.47 9.15 23.17 41.80
Technology 55 41 74.94 0.09 0.74 3.43 8.54 11.87 31.32
Industrial 21 16 72.03 0.41 0.10 1.68 6.09 12.22 29.62
Materials 37 35 70.74 -0.33 -1.94 -0.70 5.29 13.34 40.39
Emerg Mkts 189 167 62.69 -0.84 0.03 2.92 9.18 5.03 28.39
US Brd Mkt 484 426 61.51 0.04 0.51 1.99 5.94 8.39 23.79
n/c 99 84 53.97 -0.23 0.42 2.16 6.20 6.42 21.49
Energy 106 83 50.24 -0.74 -1.68 -3.33 3.11 4.74 33.35
Devlpd x/US 348 326 47.99 -0.64 -0.34 0.60 7.52 5.11 18.22
Consum Discr 18 17 46.71 0.31 0.37 1.43 4.05 7.84 16.46
Metals 51 33 46.23 -0.12 -0.60 4.58 8.29 -3.95 25.52
Utilities 17 14 44.42 0.74 2.75 4.04 8.10 4.35 13.54
Real Estate 35 26 42.82 0.25 1.68 2.67 8.07 -0.01 18.40
Health Care 48 36 39.26 0.21 0.14 5.37 5.61 1.66 15.18
Consum Stpl 13 11 31.77 0.18 1.23 2.69 7.13 0.21 8.63
Agriculture 23 23 27.15 -0.77 -1.69 -2.42 -0.54 -1.76 9.50
Currency 33 26 21.84 -0.02 0.31 0.96 1.27 0.79 6.67
Fixed Income 290 264 21.79 0.18 0.48 0.93 1.81 -0.52 5.33

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 02/2402/1602/0902/0201/2601/1901/1101/0412/2712/1912/1212/0511/28
Financial 83.783.684.184.485.384.985.587.086.285.084.583.880.9
Technology 74.975.473.170.268.567.966.361.264.665.562.063.271.0
Industrial 72.073.075.976.680.977.476.076.378.580.180.179.478.5
Materials 70.775.472.174.976.276.177.374.873.875.379.380.278.6
Emerg Mkts 62.759.850.650.247.544.543.740.334.135.845.842.750.1
US Brd Mkt 61.560.962.762.063.663.864.064.766.267.264.565.065.4
n/c 54.052.952.951.252.151.248.648.152.249.242.848.550.4
Energy 50.257.769.869.870.870.868.571.978.374.674.376.560.6
Devlpd x/US 48.048.747.048.549.149.850.049.547.145.546.040.740.2
Consum Discr 46.751.256.853.756.957.356.457.862.464.861.864.062.1
Metals 46.239.533.233.631.040.239.333.920.920.030.633.245.7
Utilities 44.434.129.629.436.340.842.243.944.448.141.438.054.9
Real Estate 42.838.235.833.836.237.237.741.131.840.641.731.431.2
Health Care 39.335.442.137.126.127.727.623.126.725.924.625.927.9
Consum Stpl 31.829.525.223.728.326.322.125.931.634.430.518.721.7
Agriculture 27.232.732.135.835.936.737.335.125.324.428.935.749.1
Currency 21.821.921.823.424.624.324.926.629.430.028.634.733.4
Fixed Income 21.821.222.123.224.626.226.428.533.033.028.038.135.8

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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