Performance by Correlated Group

 

Viewing Wednesday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	24	23	97.51	-0.48	-2.40	10.53	31.16	13.50	51.16
	Metals	38	26	84.25	-3.34	-5.67	-0.99	7.64	26.01	36.51
	Technology	117	104	83.00	0.02	-0.10	2.43	20.49	8.17	25.92
	Utilities	15	12	71.49	0.56	0.44	4.10	10.67	13.90	26.10
	Emerg Mkts	150	132	66.14	-0.77	-2.00	1.18	10.23	13.45	14.86
	Devlpd x/US	305	296	64.24	-0.64	-2.34	0.34	7.65	11.56	13.09
	US Brd Mkt	576	548	58.15	-0.28	-0.53	1.79	11.19	3.30	12.18
	Industrial	72	67	57.14	-0.58	-1.31	2.26	12.39	3.43	10.23
	Financial	33	27	55.85	-0.52	-1.37	0.59	9.25	1.93	14.10
	Materials	37	33	53.98	-1.65	-3.83	3.10	12.87	10.09	5.39
	n/c	636	579	48.61	-0.43	-0.91	1.06	7.87	4.18	9.48
	Volatility	5	3	43.26	0.19	-0.28	-3.40	-9.08	7.84	6.65
	Consum Discr	124	106	43.06	-0.58	-1.83	2.42	11.72	-2.44	2.34
	Energy	62	52	34.92	-0.97	0.96	3.21	7.34	-2.08	0.16
	Consum Stpl	46	44	31.92	-0.60	-1.48	0.75	2.55	1.43	5.60
	Currency	13	9	27.45	-0.45	-1.20	-1.32	0.19	3.89	3.50
	Fixed Income	382	363	24.46	-0.23	-0.04	-0.39	0.71	0.83	2.55
	Agriculture	6	6	17.38	-0.62	-1.34	-0.96	-2.59	-5.43	0.43
	Health Care	46	40	16.50	-0.07	-1.70	2.11	3.89	-6.00	-7.29
	Real Estate	39	34	16.47	-1.51	-2.21	0.26	2.03	-0.48	-0.18

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	07/30	07/23	07/16	07/09	07/01	06/24	06/16	06/09	06/02	05/23	05/16	05/09	05/02
Crypto/Blkchain	97.5	97.1	98.8	97.1	90.9	85.9	94.7	96.0	89.9	89.6	88.6	90.3	66.3
Metals	84.2	88.4	89.5	86.9	89.8	91.3	91.0	92.6	91.7	91.0	85.7	90.2	85.6
Technology	83.0	81.8	81.7	82.2	79.4	76.8	76.0	77.8	68.6	61.2	64.1	54.4	48.5
Utilities	71.5	61.6	63.3	57.9	66.4	77.1	72.5	67.0	77.2	78.7	80.9	78.9	79.2
Emerg Mkts	66.1	67.2	67.5	62.8	66.7	71.0	69.3	72.0	72.5	74.4	71.5	68.9	70.9
Devlpd x/US	64.2	67.5	66.8	69.7	70.9	71.2	70.8	71.1	75.5	75.4	74.4	74.8	74.6
US Brd Mkt	58.1	55.9	55.9	55.5	55.6	53.8	54.1	53.7	50.8	46.7	51.6	45.4	44.1
Industrial	57.1	57.4	56.1	58.8	54.9	50.0	48.5	48.0	44.2	43.5	49.2	41.8	38.5
Financial	55.8	59.4	70.6	70.4	72.0	68.5	63.6	68.1	58.2	62.7	69.2	66.6	61.9
Materials	54.0	62.9	55.3	60.0	49.6	42.9	44.4	44.1	39.4	36.4	31.7	32.1	29.0
n/c	48.6	47.7	47.4	46.7	47.7	48.4	49.0	48.8	48.9	49.3	48.2	49.1	49.4
Volatility	43.3	35.1	37.8	35.1	62.8	70.1	85.2	61.9	86.7	90.6	91.2	89.7	91.3
Consum Discr	43.1	48.4	49.9	53.3	44.3	35.1	32.6	36.7	24.8	23.6	25.6	20.7	17.8
Energy	34.9	20.8	22.5	26.1	16.8	22.4	38.0	26.9	24.0	25.9	25.1	29.1	29.3
Consum Stpl	31.9	33.2	34.7	36.6	38.0	40.6	38.6	35.0	41.9	45.0	52.1	55.1	59.3
Currency	27.5	29.5	28.4	28.4	44.7	47.0	47.5	44.6	56.6	62.7	51.6	60.9	67.4
Fixed Income	24.5	21.8	22.1	20.0	26.4	29.6	29.4	27.8	35.7	43.3	37.1	48.3	52.8
Agriculture	17.4	16.8	15.4	14.1	16.3	23.9	32.0	30.9	31.7	38.2	31.2	37.3	38.9
Health Care	16.5	25.0	21.6	27.4	17.7	16.3	16.0	17.3	15.8	13.6	12.8	13.8	19.0
Real Estate	16.5	24.7	28.1	26.6	21.1	30.8	20.7	23.7	24.9	22.6	37.6	43.9	56.2

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.