Performance by Correlated Group

 

Viewing Friday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	24	23	98.51	3.04	6.81	8.80	48.41	14.02	71.85
	Metals	38	26	91.66	1.90	1.90	3.79	19.98	36.12	39.50
	Technology	117	104	78.53	-0.84	-1.14	3.83	22.22	7.54	18.31
	Financial	33	27	71.19	-0.80	-1.14	3.47	13.40	6.98	23.78
	Devlpd x/US	305	296	69.13	-0.66	-0.27	1.11	14.74	14.22	13.52
	Utilities	15	12	67.42	-0.07	0.27	2.38	12.09	10.14	24.80
	Materials	37	33	63.83	-0.16	0.53	4.75	20.43	12.74	7.13
	Emerg Mkts	150	132	63.28	-0.31	-0.69	1.30	16.41	13.48	10.97
	Industrial	72	67	58.86	-0.67	-0.16	3.12	14.72	5.72	13.77
	US Brd Mkt	576	548	55.13	-0.48	-0.43	2.71	12.65	4.79	11.56
	Consum Discr	124	106	51.88	-1.01	-0.33	3.58	14.85	0.45	11.03
	n/c	636	579	47.09	-0.33	-0.29	1.82	10.80	5.43	8.84
	Volatility	5	3	39.12	0.06	-2.05	-2.96	-6.64	6.81	13.46
	Consum Stpl	46	44	38.64	-0.44	-0.58	0.76	5.70	4.36	10.95
	Currency	13	9	31.87	-0.14	-0.39	0.45	3.21	5.29	4.82
	Real Estate	39	34	29.03	-0.11	-0.58	-0.96	6.77	2.65	6.24
	Energy	62	52	27.87	0.87	1.54	3.01	8.50	-0.63	0.03
	Health Care	46	40	23.11	-1.51	0.71	0.62	9.23	-4.09	-1.76
	Fixed Income	382	363	20.89	-0.25	-0.33	0.59	1.82	1.57	2.95
	Agriculture	6	6	16.64	-0.07	-1.68	-1.85	-1.43	-2.24	-2.33

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	07/11	07/03	06/26	06/18	06/11	06/04	05/28	05/20	05/13	05/06	04/29	04/22	04/14
Crypto/Blkchain	98.5	93.5	92.4	90.2	95.4	92.1	91.4	89.6	92.3	68.6	61.9	57.4	58.4
Metals	91.7	90.7	91.9	92.1	92.0	92.0	89.6	90.6	87.0	90.1	91.2	91.7	91.1
Technology	78.5	81.3	79.1	75.4	77.6	72.8	65.3	60.5	66.9	49.8	43.3	28.9	31.9
Financial	71.2	70.6	67.3	64.6	65.7	58.0	62.8	65.2	70.8	62.8	56.9	58.1	65.3
Devlpd x/US	69.1	69.7	71.1	71.0	71.4	73.1	75.2	75.8	74.4	75.4	73.3	70.9	66.4
Utilities	67.4	62.3	68.5	72.6	70.8	73.8	76.6	81.0	73.5	79.5	81.7	79.8	85.1
Materials	63.8	56.6	47.4	43.7	45.3	36.2	34.5	34.1	30.5	31.9	30.2	30.6	26.1
Emerg Mkts	63.3	65.4	70.9	66.6	72.8	71.3	70.1	71.9	71.1	71.3	66.5	66.5	55.8
Industrial	58.9	55.7	48.2	45.8	50.0	44.5	44.0	47.2	45.1	39.1	33.4	32.2	37.2
US Brd Mkt	55.1	55.8	53.9	53.1	54.1	51.6	49.9	49.4	50.4	43.2	39.8	37.7	41.8
Consum Discr	51.9	47.4	36.6	31.1	38.1	26.0	24.6	24.2	24.7	18.4	16.6	17.0	19.0
n/c	47.1	47.5	48.7	49.3	48.3	49.3	49.0	48.5	48.9	49.7	50.5	50.4	50.1
Volatility	39.1	57.0	66.2	88.6	68.8	89.8	90.8	90.6	87.9	90.9	90.1	86.1	92.9
Consum Stpl	38.6	37.2	33.2	37.1	38.5	37.8	43.5	51.4	44.5	56.0	59.9	66.3	70.6
Currency	31.9	39.7	46.7	48.7	41.9	53.2	57.7	56.2	54.4	66.9	69.3	77.1	76.4
Real Estate	29.0	21.0	17.9	23.0	24.8	19.0	25.9	35.1	26.1	50.4	46.2	52.6	49.7
Energy	27.9	17.1	20.3	44.1	30.6	23.5	22.8	24.4	28.8	28.2	32.6	37.1	31.6
Health Care	23.1	19.2	17.7	15.8	17.1	15.4	14.2	15.5	12.4	14.7	19.8	22.0	24.2
Fixed Income	20.9	24.7	30.0	31.2	26.4	35.9	39.7	39.6	39.1	52.4	63.0	66.5	67.0
Agriculture	16.6	16.4	20.7	34.6	26.5	33.4	32.3	35.8	35.5	37.0	44.1	65.9	55.8

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.