Performance by Correlated Group

 

Viewing Tuesday's Closing data.

	cGroup	Funds	Trad.	RSf	1 Day	5 Days	1 Mth	3 Mths	6 Mths	1 Year
	Crypto/Blkchain	24	23	94.32	3.90	-11.45	-5.01	45.04	42.76	55.91
	Technology	117	104	81.64	1.16	-1.40	1.70	11.17	14.80	27.38
	Financial	34	28	81.43	0.83	-1.49	-5.10	6.61	18.36	24.04
	Utilities	15	12	76.40	0.60	-0.29	-6.84	-2.32	13.40	23.99
	US Brd Mkt	584	555	69.13	0.75	-1.07	-1.46	3.32	8.51	18.68
	Consum Discr	127	109	66.05	0.89	-2.70	-5.25	2.71	11.16	12.40
	Industrial	73	68	60.53	0.79	-1.60	-4.11	1.36	8.30	14.27
	Consum Stpl	46	44	52.33	0.55	-1.60	-4.69	-1.59	7.33	11.31
	Metals	38	26	49.68	0.06	-3.02	-5.90	-7.77	5.68	14.93
	n/c	652	594	49.30	0.42	-1.45	-1.85	-0.16	4.34	10.54
	Emerg Mkts	150	132	39.98	0.48	-1.54	-1.83	-4.26	1.44	7.11
	Fixed Income	385	366	35.95	0.12	-0.98	-0.89	-2.19	1.87	3.24
	Real Estate	39	34	32.19	0.70	-3.20	-6.43	-8.82	7.06	2.99
	Devlpd x/US	313	304	29.92	0.40	-1.61	-1.97	-4.92	0.40	5.67
	Energy	62	52	29.09	0.89	-0.62	-6.44	-0.77	-3.89	3.49
	Health Care	46	40	27.94	0.38	-1.83	-3.95	-4.74	-0.03	1.40
	Agriculture	6	6	26.57	0.25	-1.28	-2.16	-5.34	-1.86	-3.89
	Currency	13	9	25.63	-0.09	-1.11	-1.31	-3.59	-0.23	-0.94
	Volatility	6	4	25.42	-1.80	-2.28	-1.30	-3.75	-1.62	-9.87
	Materials	37	33	12.78	0.52	-2.92	-8.30	-8.90	-6.05	-6.64

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 Tuesday's Closing data.

Symbol	12/24	12/17	12/10	12/03	11/25	11/18	11/11	11/04	10/28	10/21	10/14	10/07	09/30
Crypto/Blkchain	94.3	98.9	98.5	98.6	98.6	98.8	98.2	91.0	84.8	86.7	84.9	48.9	41.4
Technology	81.6	82.3	77.2	79.5	74.5	71.7	77.3	75.7	75.8	70.3	68.9	61.3	58.3
Financial	81.4	79.3	78.8	78.9	82.1	82.3	79.9	76.1	74.5	74.5	78.7	75.8	78.4
Utilities	76.4	73.9	75.7	81.6	89.3	90.0	82.0	84.7	91.0	94.0	92.3	93.8	92.7
US Brd Mkt	69.1	67.5	66.2	67.0	67.3	67.3	66.2	63.8	64.5	64.0	64.1	60.3	59.7
Consum Discr	66.1	70.5	77.9	77.4	81.2	74.1	78.0	63.4	55.0	55.9	57.7	63.0	58.2
Industrial	60.5	62.5	66.1	67.6	70.9	69.7	69.9	64.7	61.8	64.3	64.1	66.2	64.6
Consum Stpl	52.3	52.6	56.7	56.7	64.3	61.9	56.4	54.0	55.6	59.9	64.6	65.2	66.4
Metals	49.7	65.4	75.1	65.1	61.0	68.4	65.8	88.2	88.8	87.2	78.8	83.0	83.1
n/c	49.3	49.2	47.9	48.0	48.0	47.9	46.9	46.6	47.0	46.7	46.5	46.1	46.3
Emerg Mkts	40.0	44.7	48.7	42.3	36.8	39.7	43.6	57.7	58.9	60.9	58.9	68.0	63.6
Fixed Income	35.9	31.4	26.6	25.7	31.6	30.4	24.2	21.7	24.4	25.2	25.3	25.5	27.7
Real Estate	32.2	37.7	43.7	48.9	63.1	58.9	57.5	64.7	70.9	70.5	69.0	78.5	87.3
Devlpd x/US	29.9	32.1	34.2	33.9	28.3	31.0	37.2	44.4	44.4	44.6	45.5	49.2	51.9
Energy	29.1	27.2	34.5	39.7	32.8	35.3	28.0	21.3	15.4	15.9	19.9	24.3	15.3
Health Care	27.9	26.8	30.4	32.6	33.6	24.6	51.2	42.5	39.7	43.0	42.1	39.0	43.8
Agriculture	26.6	27.6	28.7	24.0	21.6	30.1	18.4	20.9	15.7	15.1	20.5	19.2	19.9
Currency	25.6	22.4	17.0	16.1	18.0	19.3	14.6	14.3	13.8	13.1	14.4	14.9	20.3
Volatility	25.4	23.0	19.5	18.6	18.1	18.3	17.7	14.5	21.1	19.7	19.8	31.6	19.9
Materials	12.8	18.5	32.3	37.3	32.3	31.8	36.5	41.5	37.0	39.3	31.6	41.5	34.0

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.