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	93.40	-1.10	1.85	12.35	25.57	11.30	73.68
	Metals	38	26	87.69	-0.85	-2.60	2.50	16.33	17.62	38.04
	Utilities	15	12	85.50	-1.81	-2.15	-2.49	11.39	15.20	32.97
	Technology	117	104	77.11	0.60	-1.17	1.19	14.01	9.76	38.72
	Financial	34	28	77.07	-0.25	-0.04	3.17	11.15	13.95	39.99
	US Brd Mkt	585	556	64.48	0.17	-0.82	0.32	8.88	9.24	30.01
	Industrial	73	68	64.45	0.21	-0.54	-0.19	9.08	7.47	30.24
	Consum Discr	127	109	62.29	0.28	-0.28	0.50	8.51	7.35	31.14
	Real Estate	40	35	60.32	-1.09	-2.63	-3.18	5.07	13.50	27.87
	Emerg Mkts	150	132	55.99	-0.14	-1.33	-5.00	10.08	3.91	20.09
	Consum Stpl	46	44	53.26	-0.40	-0.75	-0.85	5.65	8.32	23.87
	n/c	661	601	46.91	0.06	-0.76	-0.93	6.49	5.60	20.83
	Devlpd x/US	313	304	44.55	0.21	-0.68	-0.17	8.79	5.21	23.05
	Health Care	46	40	43.08	1.21	0.35	1.60	4.56	4.55	25.84
	Materials	37	33	39.82	0.24	-0.80	-2.54	8.27	-0.61	14.11
	Fixed Income	391	372	21.28	-0.27	-0.44	-1.60	0.48	3.63	10.50
	Agriculture	6	6	20.62	-0.74	0.10	-3.85	4.08	-4.58	-6.08
	Energy	62	52	19.82	-0.85	-2.45	-4.74	1.16	-3.47	0.90
	Volatility	6	4	15.78	-0.27	1.09	0.64	-16.50	4.99	-7.28
	Currency	13	9	14.54	-0.20	-0.23	-1.38	0.10	1.87	4.19

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	11/01	10/25	10/18	10/11	10/04	09/27	09/20	09/13	09/06	08/29	08/22	08/15	08/08
Crypto/Blkchain	93.4	81.4	85.6	45.9	54.5	54.2	41.7	39.8	12.6	43.5	70.1	56.0	90.0
Metals	87.7	90.3	86.2	83.7	82.6	84.9	83.3	86.8	68.0	75.6	78.8	79.1	76.7
Utilities	85.5	92.2	94.0	92.0	95.0	93.4	90.6	88.0	88.8	82.7	82.1	81.3	85.2
Technology	77.1	74.3	69.0	66.7	61.4	59.3	58.5	54.3	41.9	61.1	64.3	65.7	59.2
Financial	77.1	73.9	77.6	79.4	78.3	77.9	81.7	81.4	85.0	83.3	81.1	79.8	80.4
US Brd Mkt	64.5	64.7	63.2	63.6	60.7	58.8	62.0	62.2	62.7	64.3	64.7	65.9	64.9
Industrial	64.4	62.3	64.9	66.3	65.5	62.4	61.8	61.0	59.5	61.0	57.8	57.9	59.4
Consum Discr	62.3	53.6	60.9	59.4	63.3	54.5	64.5	61.6	51.1	62.2	57.2	56.6	56.7
Real Estate	60.3	74.9	75.3	68.9	81.2	85.3	89.5	93.0	93.2	86.0	82.0	79.5	86.2
Emerg Mkts	56.0	58.9	58.6	61.5	65.7	67.5	40.9	38.3	37.6	38.3	35.4	38.5	35.2
Consum Stpl	53.3	56.5	61.0	65.5	65.2	63.8	67.9	73.8	79.9	66.4	63.0	62.1	66.1
n/c	46.9	47.3	46.4	46.9	46.1	46.4	46.8	46.5	48.1	46.8	46.7	47.3	47.7
Devlpd x/US	44.6	43.3	45.1	46.2	49.1	54.4	50.3	49.8	46.4	51.1	49.7	47.3	40.1
Health Care	43.1	38.0	46.3	40.9	44.4	39.4	59.5	64.9	57.1	64.2	56.5	55.8	58.2
Materials	39.8	35.6	37.2	33.2	36.5	35.1	24.9	24.8	19.3	24.7	22.1	23.6	20.7
Fixed Income	21.3	25.4	24.6	25.6	25.0	26.7	31.1	33.6	47.0	29.9	32.3	32.2	38.9
Agriculture	20.6	16.3	14.1	22.1	18.8	22.3	18.4	13.1	11.7	12.7	14.1	11.0	12.1
Energy	19.8	17.7	15.9	21.7	21.5	15.0	18.7	19.6	20.9	24.0	20.6	24.8	23.9
Volatility	15.8	21.8	18.6	22.3	18.5	19.0	19.7	21.4	29.8	24.4	25.3	24.8	43.5
Currency	14.5	13.5	12.7	14.6	14.4	21.1	22.0	21.3	30.0	18.6	18.6	15.4	19.9

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.