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
	Real Estate	40	35	92.55	-0.16	1.37	6.39	16.75	17.60	22.99
	Utilities	15	12	88.83	-0.56	2.08	4.22	12.37	20.65	23.22
	Metals	38	26	83.43	-1.47	3.68	1.63	8.55	22.05	26.51
	Financial	34	28	82.32	0.07	3.05	2.55	11.72	13.13	29.80
	Consum Stpl	46	44	73.85	-0.19	1.86	2.56	9.26	9.98	18.29
	Consum Discr	127	109	67.23	0.03	4.49	1.96	7.44	7.04	20.96
	Health Care	46	40	67.00	-0.06	1.71	21.36	24.71	16.44	25.61
	Industrial	73	68	64.56	-0.06	2.79	2.11	5.31	6.30	20.77
	US Brd Mkt	597	568	61.32	-0.18	1.65	0.84	3.55	6.80	21.64
	Technology	118	105	50.89	-0.44	1.50	-1.05	-0.78	3.90	24.70
	Devlpd x/US	320	311	50.10	-0.15	1.45	0.66	3.73	5.15	15.66
	n/c	667	611	46.94	-0.16	1.29	0.76	2.87	5.23	14.92
	Emerg Mkts	151	133	36.84	-0.26	1.50	-1.33	0.81	4.67	9.44
	Crypto/Blkchain	23	22	36.42	-0.15	3.32	-0.73	-11.63	-7.44	86.08
	Fixed Income	394	375	33.55	-0.16	0.29	1.40	3.80	5.22	10.04
	Materials	37	33	25.10	-0.19	2.75	0.17	-0.38	-0.29	2.05
	Currency	13	9	22.49	0.02	0.38	0.89	3.03	3.41	5.08
	Volatility	6	4	20.34	-0.44	0.42	2.55	2.60	-3.68	-9.37
	Energy	62	52	19.76	-0.43	3.24	-2.59	-3.38	-3.00	-3.79
	Agriculture	6	6	17.24	0.66	2.97	4.94	-2.43	-2.58	-6.52

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	09/18	09/11	09/04	08/27	08/20	08/13	08/06	07/30	07/23	07/16	07/09	07/01	06/24
Real Estate	92.6	93.3	88.6	88.7	76.3	81.3	86.8	73.9	66.3	51.2	30.1	25.3	31.1
Utilities	88.8	88.1	87.5	80.8	77.9	81.5	86.2	71.2	61.3	59.9	62.9	63.9	70.1
Metals	83.4	81.5	69.2	78.3	78.6	80.0	77.4	68.2	70.0	75.9	80.2	79.8	83.7
Financial	82.3	82.2	85.2	81.7	78.5	76.8	80.1	82.0	74.1	75.7	62.4	67.4	65.5
Consum Stpl	73.8	71.8	74.6	65.5	59.1	59.4	68.0	57.7	46.1	46.4	39.8	40.5	46.4
Consum Discr	67.2	47.4	55.6	62.0	53.0	50.0	55.8	75.9	69.9	69.7	39.1	36.9	45.6
Health Care	67.0	61.7	60.5	58.8	58.6	58.0	59.8	59.7	52.2	50.8	35.3	31.0	36.0
Industrial	64.6	57.7	60.6	59.2	55.6	54.8	59.4	65.2	59.5	61.2	49.3	50.4	58.0
US Brd Mkt	61.3	62.5	64.3	63.6	65.2	64.2	64.2	64.9	64.3	64.6	65.5	65.7	66.3
Technology	50.9	53.0	52.8	61.6	67.1	63.5	50.4	61.8	74.3	76.2	77.3	74.1	70.2
Devlpd x/US	50.1	48.0	49.1	50.6	48.3	44.5	34.5	47.3	49.5	48.3	54.4	52.9	50.3
n/c	46.9	47.4	46.9	46.4	46.9	47.5	48.1	46.4	47.0	47.0	49.3	49.7	48.8
Emerg Mkts	36.8	37.4	40.4	37.7	38.9	39.5	27.4	34.6	43.0	46.2	54.0	52.2	52.7
Crypto/Blkchain	36.4	34.3	35.9	56.1	60.6	87.5	89.1	91.2	89.8	89.5	50.3	55.2	57.2
Fixed Income	33.5	40.6	35.0	30.3	32.6	37.5	47.5	27.2	24.9	23.2	30.9	30.4	27.0
Materials	25.1	20.6	20.0	25.2	19.7	21.0	22.6	26.5	26.4	30.4	26.2	27.9	35.2
Currency	22.5	22.2	21.1	19.8	19.2	19.0	26.9	13.9	13.7	13.5	19.9	25.0	19.3
Volatility	20.3	23.8	27.9	23.7	25.4	27.5	64.3	24.3	27.4	27.1	31.9	30.9	28.2
Energy	19.8	18.8	20.2	21.2	19.9	21.9	22.7	25.8	24.6	31.2	31.8	47.8	48.9
Agriculture	17.2	15.6	12.0	13.3	14.8	13.1	14.8	8.6	9.4	11.9	23.3	23.1	24.5

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.